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In what is a clear continuation of the family’s embrace of the asset class, Eric Trump has confirmed that the Trump Tower Dubai will officially accept crypto payments. Indeed, the son of US President Donald Trump has confirmed that digital assets will be acceptable as a payment method for purchases in the Trump Organization’s new property project. Since his return to the White House, Donald Trump has integrated the asset class in a major way. The administration has overhauled the US Securities and Exchange Commission (SEC) as it begins to formulate favorable regulations in the country. Moreover, Eric Trump is among the members of the family to play a key role in the formulation of their World Liberty Financial DeFi project. JUST IN: Trump Tower in Dubai to accept crypto payments. — Watcher.Guru (@WatcherGuru) April 29, 2025 Also Read: US President Trump Says He’ll Sign Bill Banning Congress From Stock Trading Trump Tower Dubai to Officially Accept Cryptocurrency, Family Ann...

On Wednesday, US Senator Elizabeth Warren called for the Securities and Exchange Commission (SEC) watchdog to investigate whether the Donald Trump administration profited from dropping crypto enforcement against the likes of Justin Sun, Binance, and Coinbase.  In a letter to the SEC’s Inspector General Deborah Jeffrey — who is responsible for investigating “allegations of wrongdoing or misconduct involving SEC programs, operations, or personnel” — Warren asked if she could probe the agency, members of the White House, or anyone with direct ties to Trump’s family and business partners to find out if they influenced SEC crypto policy. If this turns out to be the case, Warren wants to uncover if they made a profit from any crypto policy meddling. She said, “President Trump, his closest advisors, and his family members all stand to benefit from boosts in the crypto industry.” SEC drops high-profile crypto cases in pivot Read more: ETH down 39% sinc...

The global investment management giant VanEck has filed for a new Avalanche (AVAX) exchange-traded fund (ETF) in the US. Documents submitted to the state of Delaware this week hint at the new possible ETF, which presumably would be tied to the price of the Ethereum (ETH) layer-1 rival. VanEck currently offers ETH and Bitcoin (BTC) ETFs and has filed for a Solana (SOL) exchange-traded fund, which has yet to be approved. Matthew Sigel, the firm’s head of digital assets research, said last summer that the SOL filing was a bet on Donald Trump winning the presidency. The investment giant has also applied to launch an “Onchain Economy ETF,” which will not invest in digital assets themselves but instead will focus on digital asset instruments, such as futures contracts and digital transformation companies. AVAX is trading at $17.81 at time of writing. The 20th-ranked crypto asset by market cap is up more than 6.5% in the past 24 hours but down more than 11% in the...

The Securities and Exchange Commission (SEC) is delaying a decision on Grayscale, 21Shares, Bitwise and Canary’s Ripple XRP ETF applications. “The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the regulator said on Tuesday. The decision is a step back for the crypto community, which was looking for the monumental approval of the first XRP ETFs. These four applications are the only ones that have been delayed thus far, but more may come in the coming hours. Additionally, the regulator has already made several decisions in support of crypto, including dropping investigations into several top exchanges. However, the SEC needs more time to consider the launch of a new XRP ETF. Grayscale, the leading crypto asset manager, originally filed to convert its XRP trust into an ETF in late January. The proposal w...

NYSE has filed a proposed rule change to list and trade shares of Bitwise Asset Management’s Dogecoin ETF (exchange-traded fund). The 19b-4 filing was submitted on March. 3 to the US Securities and Exchange Commission (SEC). If approved, it will allow the NYSE Arca to list the DOGE-based fund and offer both retail and institutional investors direct exposure to the largest meme coin by market cap. Bitwise Dogecoin ETF Could Become One Of The First Meme Coin-Focused US Investment Funds Yesterday’s filing by NYSE Arca comes after Bitwise filed an S-1 registration form for the fund with the SEC towards the end of January this year.  JUST IN: Bitwise has filed for a spot Dogecoin $DOGE ETF. 63% chance it's approved this year. pic.twitter.com/xSv1n5MR1q — Polymarket (@Polymarket) March 3, 2025 According to the filing, leading US crypto exchange Coinbase will act as the custodian for the proposed Dogecoin ETF. Meanwhile, the Bank of New York Mellon will be re...

Litecoin (LTC) made a big comeback in 2024. With rumors about an LTC exchange-traded fund (ETF) garnering approval surfacing, the bearish momentum from last year was carried into 2025 as well. Throughout the past 12 months, the altcoin has recorded a massive surge of 76.53%. The asset went from trading at a low of $50.43 all the way to a high of $146.61. While the community assumed that LTC would claim $200, the asset was moving slower than expected. Also Read: US and Ukraine Strike Mineral Deal—A Game-Changer for Energy Supply Chains Litecoin’s Meteoric Rise Source: Webopedia Litecoin emerged as the top performer of the day, with a massive surge of 10.38% over the past 24 hours. The altcoin was priced at a low of $109.31 just earlier today. But soon, LTC jumped to a high of $127.07. At the time of writing, the altcoin was trading at $123.39. Source: CoinMarketCap Also Read: Top 3 Cryptocurrencies To Buy If You Like Shiba Inu Several factors have fueled the growth of LTC. The like...

1. Trump’s New Round of Comprehensive Reciprocal Tariffs and Plans to Appoint a16z Crypto Policy Director as CFTC Chair 1.1 Trump’s New Round of Comprehensive Reciprocal Tariffs link Donald Trump announced on Thursday a new round of comprehensive reciprocal tariffs to match the higher tariffs imposed by other countries on US imports. These tariffs are likely to hit developing countries the hardest, especially India, Brazil, Vietnam and other Southeast Asian and African countries, because the tariff rates these countries impose on US imports differ the most from those imposed by the United States. For example, World Bank data shows that in 2022, the average US tariff rate on Indian imports was 3%, while India’s average tariff rate on US imports was 9.5%. 1.2 Trump Plans to Appoint Brian Quintenz, a16z Crypto Policy Director, as CFTC Chair link According to Fox Business journalist Eleanor Terrett, citing three people familiar with the matter, Trump has selected Brian Quintenz, the policy...

Solana and Multicoin investor David Sacks is set to host his first press conference as White House Crypto Czar in Washington today. At 2:30pm at the Dirksen Senate Office Building, Sacks will likely announce several names of industry leaders to join Donald Trump’s newly-formed advisory council. According to sources speaking to the New York Post, possible appointees include executives from Ripple, Crypto.com, Coinbase, and USDC issuer Circle. “Everyone and their mother is begging to be on this council,” one applicant said. According to an executive order signed by Trump, Sacks must pick advisors who will help him to propose a federal regulatory framework that prioritizes digital assets and a national digital assets stockpile. Trump’s order names one category of digital assets that is a particular priority: stablecoins . Stablecoins have a combined market value of $225 billion, the majority of which is in the world’s biggest stablecoin, tether (USDT). Trump’s Commer...

XRP has enjoyed remarkable performance since November and has, in January 2025, entered an even stronger bull run, which sent it to new all-time highs (ATH) both in terms of market capitalization – which is, at press time, near $190 billion – and trading price. Specifically, after struggling near $0.50 for years, XRP soared 451.65% in the last 6 months and is, on January 17, changing hands at a high $3.30. XRP 6-month price chart. Source: Finbold Under the circumstances – and in the situation in which there is no shortage of bullish forecasts – Finbold consulted its very own artificial intelligence (AI) price prediction tool to gauge if the token will be as strong in the second half of the month, as it is at press time. Picks for you Crypto trader misses out $4 million cashing out for just $6k ...

The US Securities and Exchange Commission (SEC) has sued technology billionaire and SpaceX founder Elon Musk for allegedly failing to disclose the acquisition of some Twitter shares, The action came as anti-crypto SEC Chair Gary Gensler prepares to step down on Jan. 20. According to a Jan. 14 filing in a Washington, DC, federal court, Musk failed to disclose that “he had acquired beneficial ownership” of Twitter in 2022. This alleged omission enabled him to keep buying shares in the social media company “at artificially low prices” and “underpay by at least $150 million,” the agency said in its filing. DOGE Pumps 4% As Elon Musk Calls The SEC A “Totally Broken Organization” This is not the first lawsuit against the technology mogul. In June 2022, a lawsuit brought forward by investors against Musk accused him of insider trading with respect to leading meme coin Dogecoin (DOGE). This was after Musk started posting pictures of the me...

Bitcoin is back on the rise today following the latest announcement by the SEC that its chair Gary Gensler will be stepping down from his post. In a move that came following mounting pressure, Gary Gensler announced he is officially stepping down from his role as chairman on January 20th. There has been growing speculation on his future in the SEC and a potential replacement since Donald Trump won the US election, and now the Chair has stamped his future. The news of Gensler stepping down from the SEC was a big win for crypto enthusiasts and investors. His resignation comes after a reign as chair where he made crypto regulation a priority, putting the hammer down on Bitcoin ETFs and crypto crime. With Trump’s cabinet being much more crypto-friendly, Gensler’s position in the SEC was always under threat. He ran the SEC as an anti-crypto unit, prolonging the approval of crypto ETFs and pursuing multiple lawsuits against crypto companies. Even the rest of the US government agr...

Certain class action claims in a lawsuit against Ripple and its chief Brad Garlinghouse are moving to final judgement, marking a major win for the crypto firm which may help its ongoing case against the Securities and Exchange Commission (SEC). On Thursday, Judge Phyllis Hamilton granted a move to final judgement on settled class claims and has ordered remaining unsettled claims to be paused. This decision has shortened the class action lawsuit’s timeline and has paved the way for a trial to commence on January 21, 2025. Plaintiffs in the class action lawsuit argue that Ripple sold XRP between 2017 and 2023 without registration, and in violation of federal and California securities law. Final judgement in this case may have knock-on effects in a similar lawsuit brought forward in 2020 by the SEC. Specifically, favorable ruling for Ripple could significantly aid its case against the SEC’ s claims of federal violations of securities law. Trump sells DOGE shi...

Former Binance CEO Changpeng Zhao has moved to dismiss the Securities and Exchange Commission’s (SEC) amended lawsuit, claiming that the regulator can’t differentiate between crypto securities and Beanie Babies. Binance and Zhao filed the motion to dismiss yesterday while alleging the SEC’s new filing “refuses to articulate any standard for courts, litigants, or market participants to know which crypto-asset transactions qualify as investment contracts, and which do not.”  The SEC filed the lawsuit in June 2023 and amended it last month. It names Binance, BAM Trading Services Inc., and BAM Management US Holdings, alongside Zhao, as defendants.  According to the motion to dismiss, winners and losers are being chosen “arbitrarily” by the SEC and “its non-test cannot differentiate securities from Beanie Babies at the pleading stage.” The filing then singles out five types of transactions that it believes the SEC has misinterpreted within its fresh allegations . ...

Republicans on congressional committees are probing Gary Gensler and the Securities Exchange Commission (SEC) for allegedly hiring the SEC’s Director of Trading and Markets based on their left-wing political ideology, alleging violations of the Civil Service Reform Act of 1978. The letter alleges that Gensler may have been influenced by the “political affiliation” of Dr. Haoxiang Zhu when hiring him.  They highlight an email Dr. Zhu sent after he called Gensler to discuss his employment. It claims Dr. Zhu affirmed “his ideological suitability” when he sent this email, “ I believe I’m in the right place on the political spectrum , and I’m happy [to] provide as many details as needed so you feel comfortable.”  Dr. Zhu was hired six months later, on November 19, 2021. The letter claims that the SEC “unlawfully” considered a bureaucrat applicant based on their political ideology, violating its own impartiality and the Civil Service Ref...

There is a conspiracy theory circulating that the US Central Intelligence Agency (CIA) is a secret backer of Solana. As the theory goes, Solana founder Anatoly Yakavenko is a Ukrainian immigrant to the US, and for that reason, might be easily swayed by a powerful government agency. Not only that, he’s not antisemitic and may even be Jewish himself. Given that speculation around Jewish control of various aspects of society is deeply rooted in conspiracy circles, this alone is enough to make claims about Yakavenko’s supposed CIA backing easier to swallow. Solana famously also sold early allocations of its native SOL token to groups of wealthy, well-connected, and powerful venture capitalists. This, according to the theory, violated the principles of the Cypherpunks and may well have been a way for the CIA to gain alliances at the upper echelons of society . This Solana – CIA connection is very disappointing. I was hoping for the Anunnaki or something cool like that. pic....

In a series of posts to X (formerly Twitter), Shark Tank star Mark Cuban called out the US Securities and Exchange Commission (SEC) for their crypto regulation tactics. Indeed, the owner of the NBA’s Dallas Mavericks did not mince words when he noted the ineffectiveness of the agency in its primary goal. Within the post, Cuban said the agency was “really, really bad at protecting investors from scams.” Moreover, he championed the digital asset regulation approach of Japan. Using the Mt. Gox situation as the basis for his argument, he noted the ability of Japanese regulators to learn, adapt, and advocate innovation. Whereas Cuban berated the inability of the US to do anything remotely similar. Source: Pixabay Also Read: Mark Cuban Warns Over ‘Unprecedented’ Post-Bitcoin Halving Mark Cuban Calls Out SEC for Crypto Approach Over the last several years, the dissension between the digital asset market and United States regulators has only increased. Indeed, th...

Valkyrie and ARK 21Shares have recently submitted filings for spot Bitcoin ETFs, adding to the growing list of contenders seeking approval from the U.S. Securities and Exchange Commission. Valkyrie and ARK 21Shares have filed for 8-A registration of securities for a spot Bitcoin ETF with the SEC on Jan. 4, following the footsteps of Grayscale and VanEck earlier today and Fidelity, who filed yesterday. Lots of Bitcoin ETF issuers have amended their 8-A forms in recent weeks… But what is an 8-A form…. SEC form 8-A is required by the Securities and Exchange Commission (#SEC) from companies that are seeking to issue securities . And it must be submitted before securities … — LondonCryptoClub (@LDNCryptoClub) January 4, 2024 You might also like: Matrixport case: How news and rumors impact crypto market Valkyrie and ARK 21Shares’s official filings today suggest a solid chance of approvals being pushed through imminently as the two companies compete with others for...

A U.S. federal judge has ruled in favor of the Securities and Exchange Commission (SEC) in a case against Terraform Labs and its former CEO Do Kwon. According to a U.S. court’s decision, Terraform Labs and Do Kwon sold two unregistered securities , referring to the LUNA, UST, and MIR tokens. District Court Judge Jed Rakoff made the decision on Dec. 28. The court cited Kwon’s previous commentary, which stated that LUNA holders simply need to “[s]it back and watch [him] kick-ass” to conclude that LUNA meets the Howey test. Concerning the MIR token, the court held that the defendants could not seriously dispute that they caused MIR holders to expect profits from a joint enterprise based on Terraform’s efforts to develop, maintain, and evolve the Mirror Protocol. “In other words, that MIR passes the Howey test with flying colors.” Court’s filing You might also like: Terraform Labs and SEC agree on confidentiality terms as trial ...