Key Insights
In a Townhall meeting, Elon Musk distanced the DOGE department from the Dogecoin meme coin, saying the US has no plans to use the token.
The Tesla founder revealed that the internet suggested the DOGE acronym, which wasn't his initial pick for the new agency.
DOGE has orchestrated layoffs and cut funding to…
The 11 Bitcoin ETFs pulled in a miserly $28.3 million ending the day on a positive note. The trading day saw a severe drop in investor activity, as only three of the 11 ETF funds recorded transactions.
This is a recurring trend in the last month of QI 2025, as the primary crypto asset dropped 19.6%…
Key Insights
The State of Wyoming is set to launch a stablecoin in July as part of its Digital Assets Strategy.
Governor Mark Gordon says the project’s benefits include a statutory requirement to overcollateralize the stable token’s backing with cash and U.S. Treasury bonds.
Wyoming Joins American Companies like PayPal and Ripple in launching Stablecoins,…
Key Insights:
Bitget’s CEO, Gracy Chen, criticized Hyperliquid’s Handling of the Jelly Token Incident on its platform, calling it immature and unprofessional.
A Trader exploited Hyperliquid’s liquidation system, successfully pumping the market capitalization of the Jelly Token.
Hyperliquid has faced growing criticisms for various reasons ranging from its Product design to lapses in its regulatory…
Pump Fun, a Solana memecoin generator, has generated over $600M, creating new memecoins and attracting millions in revenue.
Fidelity Investments plans to launch a stablecoin, expanding into the US Treasury Market and joining the growing stablecoin sector.
Tether, the industry's largest stablecoin issuer, is set to hire the Big 4 to audit its reserves, ending longstanding criticisms of the company's lack of transparency.
Tether CEO Paolo Ardoino said the audit was a top priority for the firm following suspicion raised by the company's colossal revenue.
Tether has not disclosed which Big 4…
Paul Atkins, the Incoming Chairman of the US Securities and Exchange Commission, is finally slated for a Senate hearing regarding his new role at the Commission.
Leading Crypto Journalist Eleanor Terret reported that Atkins will face the US Senate Banking Committee Next Thursday alongside Jonathan Gould, another Trump Nominee.
If the Senate successfully confirms Paul…
Cathie Wood, the CEO of Ark Investment Management, warns most memecoins would eventually become worthless.
The CEO said his private investment firm would not invest in any of them following her conviction on the absence of a long-term use case for the crypto asset class.
“ The combination of blockchain technology and artificial intelligence is…
The State of North Carolina passed a Bill authorizing the state treasurer to allocate 10% of the State’s public fund to Bitcoin.
Bitcoin Laws reported that Bill SB327 will require the state to set aside 10% of its public funds for the acquisition of Bitcoin.
The state’s Bitcoin reserve will be kept in a multi-signature…
