Friday has arrived again, which means another batch of Bitcoin options is due to expire. Meanwhile, spot markets have been reeling from Trump’s reciprocal tariff announcement this week. Around 26,000 Bitcoin options contracts will expire on Friday, April 4, and they have a notional value of roughly $2.1 billion. This...
Lawmakers Urge SEC to Preserve Records on Trump-Linked Crypto Firm
The SEC is facing mounting pressure to disclose all communications with Trump's family regarding regulatory treatment of their crypto venture. Two Democratic legislators have requested the U.S. Securities and Exchange Commission (SEC) to preserve and disclose records related to World Liberty Financial (WLFI). In an April 2 letter, Senator Elizabeth...
“Never Sell Your Bitcoin”: Trump, Treasury Deliver Remarks At White House Crypto Summit
Treasury Secretary Bessent said he wants to create US dollar hegemony worldwide using stablecoins. President Donald Trump hosted the first White House Digital Asset Summit on Friday, with a handful of major crypto executives and relevant members of his administration. Trump repeated his promises from his Thursday executive order to...
SBF’s Crisis Manager Resigns After Surprise Jailhouse Interview
Sam Bankman-Fried's crisis manager resigned after the jailed FTX founder conducted a surprise interview without prior approval or coordination. Sam Bankman-Fried (SBF), the disgraced founder of cryptocurrency exchange FTX, has conducted a second interview from prison, once again drawing controversy and causing repercussions for his crisis management team. The interview,...
Trump-Related Meme Coins in Freefall as Crypto Market Takes a Hit
The total market capitalization of the crypto sector is down by over 10% in the past 24 hours. TL;DR Trump-themed memes followed the broader decline of the cryptocurrency sector, tanking by double digits. Official Trump has slipped below $12.50, but some analysts believe a resurgence could be on the horizon....
$300B Wiped Out in Trump’s Crypto Market Pump and Dump
US President Donald Trump’s profound impact on crypto markets has been seen this week with a $300 billion pump and dump. President Donald Trump incited a $300 billion crypto market pump on Monday following the announcement of a US crypto reserve. The same Donald Trump has now induced a $300...
SEC Faces Critical Deadlines in Major Crypto Cases as Agency Shifts Direction
The United States Securities and Exchange Commission may be prioritizing crypto litigation as some big court deadlines approach. The financial regulator also appears to be easing up or pausing its rafts of ongoing litigation against crypto companies. However, those with imminent deadlines may still be on the table. “I’m told...