Wisdomtree has officially launched its own stablecoin, USDW, as part of a broader strategy to establish a full-stack stablecoin business catering to both retail and institutional users. USDW, a U.S. dollar-backed stablecoin designed for transactions, is complemented by WTGXX, a tokenized U.S. government money market fund aimed at providing yield. To enhance accessibility, Wisdomtree has
The U.S. Department of Justice and the U.S. Attorney’s Office for the District of Columbia have announced the unsealing of a civil forfeiture action targeting approximately $2 million in digital currency held in accounts with Tether Limited and Binance Holdings LTD, connected to Buy Cash Money and Money Transfer Company, a Gaza-based money transfer business
Gold investor Peter Schiff bragged about the returns on his precious metals in an X post on Tuesday before using the moment to take a dig at bitcoin ( BTC). Schiff says he owns the VanEck Gold Miners ETF (GDX), which has returned 61.3% so far this year according to Yahoo Finance. Schiff, a staunch
While Republican House Speaker Mike Johnson made the controversial move to shut down the House early to prevent Congress from grilling Jeffrey Epstein’s former partner and convicted sex trafficker, Ghislaine Maxwell, Wyoming Senator Cynthia Lummis, the so-called “Crypto Queen,” published a press release on Tuesday afternoon imploring the Senate to remain in session for the
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A sweeping Senate draft bill sets the stage for overhauling U.S. crypto regulation, proposing clear classifications, limited SEC oversight, and exemptions to accelerate compliant crypto innovation. Senate Draft Bill Builds on CLARITY Act Senators Tim Scott, Cynthia Lummis, Bill Hagerty, and Bernie Moreno announced on July 22 that they have released a digital asset market
U.S. Attorney General Pam Bondi has directed Deputy Attorney General Todd Blanche to initiate direct talks with Ghislaine Maxwell’s legal team and possibly Maxwell herself, marking a dramatic new phase in the Department of Justice’s handling of the Epstein case. Trump Administration Opens Door for Ghislaine Maxwell Meeting Attorney General Pam Bondi has ordered Deputy
Profusa is pivoting into bitcoin by securing a $100 million equity line of credit with Ascent Partners, committing all proceeds beyond a $5 million cash buffer to BTC as its primary treasury reserve asset. Biotech Firm Profusa Embraces Bitcoin Profusa Inc. (Nasdaq: PFSA), a digital health company, has taken a bold step into digital assets
Coinbase, one of the largest digital asset exchanges in the U.S., has filed a lawsuit against Oregon Governor Tina Kotek and Attorney General Dan Rayfield. The company is accusing the state of changing its digital asset policy in secret and not releasing public records to explain the decision. The lawsuit, shared by Paul Grewal, Coinbase’s
The dominant digital asset appreciated slightly as rival cryptocurrencies such as ether and XRP eased after a multiday altcoin rally. BTC Ticks Upward as Altcoins Retreat What goes up must come down, and that was the case on Tuesday as the altcoin rally that kicked off last week started showing signs of slowing. The two