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U.S. President Donald Trump has issued an executive order mandating the formation of a federal sovereign wealth fund, a move unveiled during a press briefing on Monday. Trump Mandates Federal Sovereign Wealth Fund “We have tremendous potential,” Trump declared to the press, flanked by aides, as he finalized the directive—a strategic mechanism designed to centralize […]

While bitcoin’s value slid beneath the $100,000 threshold, bottoming at $91,530 on Feb. 2, its computational muscle flexed to an unprecedented apex. Bitcoin’s Hashrate Taps an All-Time High Data from hashrateindex.com reveals bitcoin’s hashrate soared to a historic zenith of 840 exahash per second (EH/s), maintaining a formidable 837.25 EH/s as of noon ET on […]

Thorchain has endorsed a strategy to transform $200 million in debt into equity by issuing a new token, Thorchain Yield (TCY), in a bid to fortify its financial footing. Thorchain Converts $200 Million Debt to Equity in Restructuring Effort On Jan. 23, Thorchain suspended redemptions for its Lending and Savers programs after amassing considerable liabilities. […]

White House cryptocurrency director David Sacks will hold a press conference on Tuesday, Feb. 4, at 2:30 p.m. ET to discuss the U.S. digital asset strategy. White House to Outline U.S. Digital Asset Strategy in Press Conference Reports and a recently published memo state that David Sacks, who serves as President Donald Trump’s artificial intelligence […]

A new meme coin is going viral in early 2025 – Wall Street Pepe (WEPE). This project is exploding, pulling in almost $68 million in its ICO phase so far. But with only 13 days before the ICO ends, investors are rushing to get involved, hoping that this frog-themed project can live up to all […]