Eric Trump says the Trump family’s interest in crypto began when major banks closed hundreds of their accounts after the January 6 Capitol attack, which he saw as a political “weaponization” of the financial system. The Trump family has since integrated crypto into their business empire, launching a memecoin, aContinue Reading
Bitcoin reached an all-time high of US$124,457 on Thursday before experiencing a sharp 5% drop to US$117,477 within hours on Friday morning. The price correction occurred after US Treasury Secretary Scott Bessent stated in a CNBC interview that America wouldn’t purchase Bitcoin for its strategic treasury. Crypto commentators criticised theContinue Reading
US Ethereum ETFs recorded massive net inflows of more than US$1 billion on Monday, significantly outperforming Bitcoin ETFs which saw only US$180 million in inflows. Ethereum has surged 8% daily and 30% weekly to trade at US$4,673, while Bitcoin managed modest gains of 0.2% daily and 5% weekly at US$119,329.Continue Reading