| Mobile Web

Search results for White House

Crypto

Bitcoin pauses as Middle East tensions lift oil; CLARITY bill, FOMC to set direction

Bitcoin rebounded to around $65,700 but struggled to extend gains as international oil prices and U.S. Treasury yields rose. Markets are watching next week’s U.S. congressional debate on the CLARITY bill and the Federal Open Market Committee meeting as key drivers of near-term direction. Expectations over the bill’s ethics provisions initially lifted prices, but momentum faded amid worsening U.S.-Iran tensions and profit-taking. The Fed’s signals on potential further rate hikes are also in focus.

Crypto

Trump fourth-term joke followed by $16.91 million TRUMP token transfer to exchanges

About $16.91 million worth of TRUMP tokens were spotted moving to exchanges shortly after U.S. President Donald Trump joked about seeking a fourth term. It was not confirmed whether any sale occurred, but the transfer revived concerns that project-linked holdings could enter the market. A wallet tied to the project moved 10.84 million tokens via custodian BitGo. Traders focused on supply flows as TRUMP has fallen more than 66 percent over the past five months.

Crypto

Warren says CLARITY bill helps criminals, cartels and fails to stop Trump profiting

A dispute over the U.S. Senate’s digital asset regulation bill, the CLARITY Act, is intensifying again. Democratic Senator Elizabeth Warren criticised the bill, saying it would make it easier for criminals, cartels and terrorists to move money and raise funds, and would not properly protect investors or the financial system. She also said it fails to prevent President Donald Trump from profiting from crypto. Republicans say revisions include an ethics clause banning federal officials and their families from issuing or sponsoring digital assets.