US President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell, calling him a “disaster for America” and saying interest rates remain too high. The remarks came alongside a social media post showing a figure resembling Powell falling into a dumpster. Trump has pushed for aggressive rate cuts, targeting levels near 1%. The
People often place blame on the most vulnerable, which raises questions about accountability. A recent move by the U.S. Treasury’s Office of Foreign Assets Control (OFAC) brought this issue into focus when it froze about $344 million in $USDT. According to authorities, two wallets linked to illicit activity held the funds. Given the geopolitical tensions
Bullish (BLSH) has agreed to acquire transfer agent and shareholder services firm Equiniti in a $4.25 billion deal that would fold a core piece of traditional market infrastructure into its digital asset platform, expanding its push into tokenized securities. The transaction gives Bullish, CoinDesk’s parent company, a regulated transfer agent, a required function for public
GameStop (GME) is aiming for a major expansion with a proposed $55.5 billion acquisition of online marketplace eBay (EBAY), raising fresh questions about whether its bitcoin holdings could help fund the deal. The video game retailer, which holds about $368 million worth of $BTC, submitted a non-binding offer Sunday to buy eBay for $125 per
David Sacks, former White House AI & Crypto Czar, recently stated that AI has become a core driver of economic growth in the United States. His opinion is that stopping progress with AI would be akin to bringing the U.S. economy to a screeching halt. This Sunday, David Sacks posted on X to state his
U.S. Central Command (CENTCOM) on Monday rejected Iranian claims of strikes on US Navy warships in the Strait of Hormuz, but tensions remain high amid Trump’s “Project Freedom.” Bitcoin pared earlier gains as oil prices surged 3% amid Iran’s claimed firing of two missiles on vessels in the Strait of Hormuz.
The ITIF says American companies should keep operating in the Chinese market to capture $441 billion in annual revenues. Meanwhile, the CSIS wants to use intelligence tools and real-time data to counter Beijing’s influence worldwide. Two Washington think tanks released reports this week with different takes on competing with China. The two approaches could work
$SOL Strategies is acquiring privacy-focused cross-chain aggregator HoudiniSwap for $18M in cash, notes, and stock as it builds an institutional Solana treasury and routing stack. According to reporting from The Block, $SOL Strategies has signed a definitive agreement to acquire HoudiniSwap for $18 million as it continues to build out its Solana-centric infrastructure and services
Rain, a $1.95B-valued stablecoin infrastructure firm, is adding Mastercard support to extend its Visa-based model and plug on-chain settlement into legacy payment systems. Stablecoin payments startup Rain, fresh off a $250 million Series C at a $1.95 billion valuation, has announced a new partnership with Mastercard to issue both credit and prepaid cards and to
An investment in 100 shares of Nvidia (NASDAQ: NVDA) at the beginning of 2025 would have delivered modest capital gains by now, as the chipmaker continued benefiting from surging demand tied to artificial intelligence expansion. In this line, an investor who bought 100 NVDA shares at the start of 2025 would have earned just $5