Trump Considers Establishing First-Ever White House Crypto Post
President-elect Donald Trump is reportedly exploring the creation of a dedicated White House position to oversee cryptocurrency policy, according to a Bloomberg report published on Nov. 20. Discussions are said to be underway with industry leaders to evaluate the necessity of such a role, and potential candidates are being vetted, with meetings reportedly taking place […]
Solana ETF Application Filed by Bitwise in Delaware
Digital asset management firm Bitwise has taken a significant step toward launching a spot Solana exchange-traded fund (ETF) by registering a statutory trust in Delaware. This move hints that an S-1 registration filing with the United States Securities and Exchange Commission (SEC) may follow soon. The trust, known as the Bitwise Solana ETF, was officially […]
Cardano Founder and Former Ripple Exec Jed McCaleb Hold Talks: Collaboration Ahead?
Cardano founder Charles Hoskinson recently shared details about a significant meeting with Jed McCaleb, co-founder of Ripple and the creator of Stellar. This revelation has fueled speculation about a potential collaboration between two key players in the blockchain space. Hoskinson took to X (formerly Twitter) to share the news, describing his interaction with McCaleb as […]
VanEck Supports Donald Trump’s Vision for a Strategic Bitcoin Reserve
Digital asset management leader VanEck has thrown its weight behind President-Elect Donald Trump’s initiative to establish a national Bitcoin reserve. Matthew Sigel, the head of digital asset research at VanEck, shared the company’s support for a strategic Bitcoin stockpile in an official statement. His endorsement follows a report by FOX Business’ Eleanor Terrett, who revealed […]
Michael Saylor to Propose Bitcoin Investment Strategy to Microsoft Board
Bitcoin advocate and MicroStrategy Chairman Michael Saylor has revealed that he has agreed to deliver a three-minute presentation to Microsoft’s board of directors about the potential for investing in Bitcoin. Saylor shared the news in a Nov. 19 X Spaces event hosted by VanEck, explaining that the activist who proposed the idea had approached him, […]
Rumble Stock Jumps 9% as Founder Mulls Scooping Up Bitcoin
Rumble, the video platform often associated with conservative and far-right audiences, is exploring the idea of adding Bitcoin to its financial reserves. The company’s stock (RUM) saw a jump of up to 9%, reaching $6.20 during after-hours trading on Nov. 19. This spike came after founder and CEO Chris Pavlovski raised a question on the […]
BlackRock Bitcoin ETF Options Hit Record $1.9B Trading Volume on Debut
Options contracts for BlackRock’s iShares Bitcoin Trust ETF (IBIT), a spot Bitcoin exchange-traded fund, experienced a groundbreaking debut with nearly $2 billion in trading volume. This impressive activity coincided with Bitcoin reaching a new all-time high of over $94,000. James Seyffart, a Bloomberg ETF analyst, shared the figures on Nov. 20, highlighting that 354,000 contracts […]
Binance Explains BFUSD Isn’t a Stablecoin Amid Terra-Like Concerns
Binance has addressed concerns swirling around its upcoming “BFUSD” token, emphasizing that it is not a stablecoin nor has it been officially launched. The confusion arose after a Nov. 17 post by crypto news aggregator Zoomerfied on X (formerly Twitter). The post claimed Binance was introducing a stablecoin with an annual yield of 19.55%, sparking […]
Coinbase CEO to Meet Trump for Talks on Personnel Appointments — WSJ
Brian Armstrong, CEO of the cryptocurrency exchange Coinbase, is set to meet with former President Donald Trump as he continues to select key figures for his upcoming administration, particularly for government department leadership roles. As reported by the Wall Street Journal on November 18, the meeting will focus on discussions regarding personnel appointments. While Armstrong […]
Goldman Sachs to spin out crypto platform
Goldman Sachs is reportedly planning to separate its cryptocurrency division and form a new company focused on developing financial products and services within blockchain ecosystems. According to a Bloomberg report on November 18, this move will allow the bank to concentrate on building new blockchain-based financial instruments. The firm is currently in discussions with potential […]