Polymarket Users Wager Biden is More Likely to Pardon SBF Than Ross Ulbricht
As President Joe Biden’s tenure nears its end on January 20, there remains the possibility for him to grant pardons or commute sentences for individuals convicted of federal offenses. Some cryptocurrency enthusiasts are now placing bets on whether Biden will intervene in the cases of former FTX CEO Sam “SBF” Bankman-Fried and Silk Road founder […]
Circle Donates 1M USDC to Trump’s Inauguration Fund
Stablecoin issuer Circle has contributed 1 million USD Coin (USDC) to President-elect Donald Trump’s Inauguration Committee, Circle’s CEO Jeremy Allaire revealed on January 9. This donation marks a significant step in the growing legitimacy of stablecoins within the broader financial landscape, according to Allaire. The acceptance of the contribution highlights how the stablecoin sector is […]
US Set to Offload $6.5B in Bitcoin- Is a BTC Price Crash Looming?
The United States Department of Justice (DOJ) is preparing to sell Bitcoin worth $6.5 billion, seized during the Silk Road investigation. This follows a December 30 court decision, marking the conclusion of a lengthy legal process over the ownership of these Bitcoin holdings. Could More Bitcoin Sales Be Coming? As of January 9, 2025, government […]