Back in May, Warren Buffett announced his plans to step down after serving as CEO of Berkshire Hathaway. With Greg Abel expected to take over, the rumors of the company getting more involved with Bitcoin have increased. Berkshire Hathaway is undoubtedly undergoing one major transition, Warren Buffett stepping down, while another potential shift may still
The cryptocurrency market has seen a decline in the creation of new digital currencies since the start of Donald Trump’s second term. As of August 7, 2025, the number of newly created cryptocurrencies stood at 47,397, a 34.5% drop from the 72,454 recorded on January 20, 2025, the day Trump was sworn in, according to
The legal battle between Ripple and the US Securities and Exchange Commission (SEC) that has been going on since 2020 has ended with the parties withdrawing their appeals. During the lawsuit, the SEC accused Ripple of selling unregistered securities by raising $1.3 billion through XRP sales. New York Judge Analisa Torres ruled that programmatic sales
A significant development has emerged from the intersection of social media and digital assets. Nasdaq-listed social media marketing company Thumzup Media Corporation (TZUP) recently announced a pivotal strategic move: a new share offering designed to fund ambitious Thumzup crypto investment initiatives. This announcement, detailed in a press release via PR Newswire, signals a growing trend
Crypto adoption is exploding as businesses go onchain to stay ahead, with the Coinbase CEO calling it a Netflix moment poised to redefine the future of global finance. Coinbase CEO Compares Crypto Adoption to Netflix’s Disruption of Blockbuster Coinbase chief executive officer Brian Armstrong stated on social media platform X on Aug. 7 that the
Yesterday, August 8, 2025, President Trump approved an administrative order allowing 401(k) customers to invest in alternative assets, including cryptocurrencies. The signing of the executive order marks the first time when both public and private workers in the US are allowed to include real estate, private equity, and crypto assets as investment options in their
Key Takeaways World Liberty Financial, backed by the Trump family, aims to raise $1.5 billion and establish a public company to hold WLFI tokens. The WLFI token, initially non-transferable, is planned to become publicly tradable. World Liberty Financial, the DeFi project backed by the Trump family, is exploring plans to establish a public company that
Crypto projects captured $2.67 billion in investments last month and is equivalent to 85% of money raised during the entire second quarter. DefiLlama data shows that the funding amount in July is 6% larger than June, when crypto startups surpassed $2.5 billion by a small margin. Additionally, July was the second-largest month in funding, bested
Billionaire investor Ken Griffin is placing a major bet on a company that’s far outperformed expectations this year. According to a filing with the U.S. Securities and Exchange Commission (SEC), Griffin’s hedge fund Citadel has acquired 3,824,329 shares of NioCorp Developments Ltd (NB), a company advancing critical minerals development in the United States. NioCorp’s flagship
Over half of the 25 largest US banks are now weighing or rolling out crypto-related products. An Aug. 8 status chart shared by River that tracks the giants across two lanes, custody and trading. The snapshot shows multiple firms moving from “not yet” to “exploring,” “announced,” or restricted access for high-net-worth clients, indicating that digital