The Trump family has announced that their three cryptocurrency projects—Trump Coin, World Liberty Financial, and American Bitcoin—have collectively generated over $1 billion in pre-tax profits. American Bitcoin, a Nasdaq-listed mining company operating 89,000 miners and holding over 7,000 BTC, represents the most significant venture with regulatory oversight. World Liberty Financial, a DeFi-related platform, contributed around $550 million in earnings, largely from a token deal. This development highlights the family's growing influence in crypto, with investors advised to watch the stablecoin and mining operations for future opportunities.
Bitcoin and Ethereum spearheaded a broad crypto market rally, with Bitcoin rising to $63,880.92 and Ethereum to $1,731.60. Large-cap altcoins also saw gains, notably Solana with a 4.01% increase. However, the rally was accompanied by declining tradin...
VanEck's Bitcoin ETF, HODL, currently charges no fees due to a promotional waiver until July 31, 2026, making it cheaper than BlackRock's iShares Bitcoin Trust (IBIT), which has a 0.25% expense ratio. However, BlackRock's fund holds about 50 times mo...
Binance founder Changpeng Zhao (CZ) sparked debate by suggesting that dormant Bitcoin wallets, including those believed to belong to Satoshi Nakamoto, might be frozen if quantum computing threatens their security. This idea aims to prevent theft from...
Strategy, led by Michael Saylor, has recovered strongly from the 2022 crypto downturn, with Bitcoin and cash reserves exceeding its debt by about $48 billion. The company now holds approximately 843,700 BTC, making it the largest corporate Bitcoin ho...
Galaxy Digital CEO Mike Novogratz expressed optimism about Bitcoin's future, suggesting that potential Federal Reserve rate cuts could revive its price momentum. Despite Bitcoin's recent weak performance and low investor interest, Novogratz believes ...
