Search results for Adam Schiff
Crypto
Five key moments that shook bitcoin on a word from Trump
Bitcoin is again showing a clear pattern of reacting instantly to remarks and social media posts by U.S. President Donald Trump, with prices swinging within minutes on geopolitical and policy messages. Recent moves tied to comments on the Strait of Hormuz, tariffs and crypto legislation have sparked rapid surges and selloffs, including double-digit drops. The repeated jolts are also fueling debate over market manipulation and insider trading, though no clear evidence has been confirmed.
Crypto
Trump-linked memecoin dinner VIP seats fetch up to $200,000 as conflict-of-interest row grows
VIP seats for a memecoin event linked to President Donald Trump are trading above $200,000, fuelling renewed debate over speculation around the TRUMP token and potential conflicts of interest. Critics say the structure could encourage token purchases and route fees and profits to Trump and his family. Lawmakers in both parties raised concerns about promotion of the dinner even though Trump may not attend. The TRUMP token rose briefly but remains far below its peak.
Telecommunications & Media
US lawmakers press Netflix on overseas production; Sarandos says Korea is separate
U.S. lawmakers pressed Netflix over rising overseas production at a Senate antitrust hearing. Co-CEO Ted Sarandos said Korean-language productions made with Korean actors and crews are produced locally for the South Korean market and should be treated separately, adding most other content investment is in the United States. Senators raised concerns that Netflix\'s planned $82.7 billion acquisition of Warner would boost market power, while Netflix cited its share of total TV viewing time.