Day: July 17, 2025

Trump’s Court Pick Would Bring Crypto Baggage To The Bench

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Eric Tung, a corporate lawyer with a track record of representing crypto firms, is poised to join one of the most influential federal courts in the United States. On Tuesday, US President Donald Trump sent Tung’s nomination to the Senate to be a US Circuit Judge for the Ninth Circuit, which covers Arizona, Idaho, Montana, Oregon, Washington, Nevada, California Alaska and Hawaii. Tung, a partner at the law firm Jones Day since 2019, has had clients that include digital currency companies. Court records show that Tung represented the advocacy group…

White House Moves to Let 401(k)s Invest in Bitcoin, Gold, Private Equity: FT

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President Donald Trump is preparing an executive order to open the $9 trillion U.S. retirement market, specifically 401(k) plans, to investments in cryptocurrencies like bitcoin, gold, and private equity, the Financial Times reported on Thursday. President Donald Trump is reportedly preparing an executive order directing regulatory agencies to clear hurdles for including cryptocurrencies, gold, and […] Original

US Targets Brazil’s Pix System As BRICS Pushes To Ditch The Dollar

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The United States has launched a formal investigation into Brazil’s digital trade practices, with a spotlight on Pix, the country’s instant payment system that has rapidly displaced private-sector competitors. The probe, announced on Tuesday by US Trade Representative Jamieson Greer, will examine whether Brazil’s digital and trade policies unfairly disadvantage US companies. Greer said the investigation will review Brazil’s “tariff and non-tariff barriers,” saying the country offers preferential treatment to other trade partners while disadvantaging US exporters. Another focus is Brazil’s alleged penalization of American tech firms that refuse to…

Outrage as $1.8B ‘DGCX’ crypto scam ringleader mocks victims: Asia Express

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Four busted over fraud linked to $1.8 billion DGCX XinKangJia case Hong Kong police have arrested four individuals in connection with an alleged cryptocurrency investment ring that defrauded victims of over 3 million Hong Kong dollars. The operation was linked to a bogus platform posing as affiliated with the Dubai Gold and Commodities Exchange (DGCX). However, the alleged ringleader escaped and publicly mocked victims for their supposed lack of intelligence in falling for the scam. The arrests are part of a wider fallout from the collapse of the so-called “DGCX…

It’s Over: Bitcoin Just Broke The US Dollar

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sign up for the Gemini Credit Card: – Let’s discuss Bitcoin, why it’s rising in price, its future price predictions, and how you can best use these resources to come out ahead – Enjoy! Add me on Instagram: GPStephan THE BITCOIN MONEY PROBLEM: We’ve seen 10% annualized returns in the SP500 since the 1920s, but we’ve also printed an average of 10% more money, every year, during that exact same time. This is the problem that many peple believe Bitcoin solves. SUPPLY…

Corporate Bitcoin Holdings Shift From Hedge to Core Strategy, Nansen Reports

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Bitcoin has evolved from an experimental reserve asset to a strategic corporate holding, with significant valuation disparities emerging based on management strategy and market perception, according to a Nansen report. Corporate Bitcoin Premiums Expose Valuation Divide: Nansen Research Study Shows Five major firms—Strategy (formerly Microstrategy), MARA (formerly Marathon Digital), Twenty One Capital, Riot Platforms, and […] Original

Why Donald Trump Jr. Took the ‘Amazon of Guns’ to Market

Two years ago, Donald Trump, Jr. and Omeed Malik rang the opening bell at the New York Stock Exchange as renegades. They had just turned PublicSquare, a Yelp-like directory of conservative businesses, into a publicly traded company, marking the emergence of a movement rebelling against “woke-ism” with their wallets. When the pair returned on July 16, the environment on Wall Street had changed dramatically. With Donald Trump back in power and waging war on corporate diversity initiatives, some of the nation’s largest companies have eliminated so-called DEI programs, from McDonald’s…

Canary Capital Bets on Injective With Staked ETF Filing

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Investment company Canary Capital filed an S-1 application for a staked INJ (INJ) exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC) on Thursday. INJ is the governance, staking and utility token for the Injective Protocol, a layer-1 blockchain network focused on decentralized finance (DeFi) operations. One of the main objectives of the fund is to accrue staking rewards through providing validation services using an “approved staking platform,” the filing reads. SEC application for Canary’s Staked Injective Protocol ETF. Source: Nasdaq Canary Capital formed a Delaware Trust…

Cardano Volume Soars 92%: Why Investors Are Rotating Into ADA?

Key Notes ADA achieved its first daily close above the 200-day moving average since March, signaling potential trend reversal. Open Interest jumped 12.06% to $1.45 billion while trade volume soared 92.42%, indicating strong institutional commitment. Critical support at $0.76 must hold for bulls to target $0.9053 resistance and validate macro bullish breakout scenario. Cardano ADA $0.80 24h volatility: 3.1% Market cap: $28.85 B Vol. 24h: $2.10 B extended its bullish streak on Thursday, July 17, closing at $0.8101 with a strong 5.98% gain. The price surged past the critical 200-day…

White House: Trump Supports $600 Crypto Tax Exemption

The White House confirmed President Donald Trump’s opposition to a central bank digital currency and reiterated his support for easing taxation on everyday crypto transactions through a proposed de minimis exemption. Trump Pushes U.S. Toward ‘Crypto Capital’ Status At Wednesday’s White House press briefing, Press Secretary Karoline Leavitt addressed the administration’s ongoing cryptocurrency agenda, including […] Source CryptoX Portal