Crypto News
Donald Trump Signs Executive Order to Evaluate Strategic National Digital Assets Stockpile
President Donald Trump signed an executive order to establish the Presidential Working Group on Digital Asset Markets on Thursday, according to reporting by Fox Business, opening the door to a potential “strategic national digital asset stockpile.” David Sacks, White House A.I. and crypto czar will lead the group, which will include key figures such asSource link
Trump Executive Order Paves Way for Federal Crypto Reserve—But Doesn’t Mention Bitcoin
Donald Trump signed his first executive order on crypto, establishing a working group and prohibiting CBDCs without mentioning Bitcoin.Source link
Trump Issues Crypto Executive Order to Pave U.S. Digital Assets Path
U.S. President Donald Trump has come through with an eagerly awaited executive order on crypto that directs his administration to establish friendly policies to put the industry on solid U.S. footing and looking into establishing a "digital asset stockpile." After years of courtroom combat with federal authorities, Trump's order issued on Thursday could allow the digital assets sector to move forward in the U.S. with a more welcoming framework set by the White House. Such orders are more of a beginning than an end in federal policy, but the pro-crypto president has taken that first step. Bitcoin surged briefly above $106,000 from around $103,000 in the minutes following the news before retracing most of the gains. Recently, BTC changed hands...
Phemex Hacked: Over $29 Million Stolen Across Multiple Blockchains
Blockchain security firm Cyvers said its systems detected multiple suspicious transactions involving Phemex’s hot wallets across several chains. Cyvers estimated that digital assets worth more than $29 million were transferred by suspicious addresses on chains including BNB, ETH, OP, POL, BASE, and ARB. In its Jan. 23 alert, the security firm noted that the suspiciousSource link
DOGE and TRUMP ETFs May be Coming But Should Institutional Investor Trade Them?
It took institutions over a decade to take bitcoin (BTC) seriously as an investment vehicle, even though well-known financial pioneers had embraced the largest cryptocurrency on the market years earlier.But not even one year after the launch of the spot bitcoin exchange-traded funds (ETFs) which saw adoption from pension funds, hedge funds and even universities, one issuer is taking it a step further.The latest filings with the Securities and Exchange Commission aim to bring meme coin ETFs — such as those tracking dogecoin (DOGE) or U.S. President Donald Trump’s Trump coin (TRUMP) — to the market.This isn’t just a bold move because DOGE and TRUMP are far less established and legitimate tokens, especially in Wall Street’s eyes, but meme coins...