What Do Trump’s Financial Disclosures Show? President Donald Trump received more than $1.4 billion last year from his family’s crypto projects, including World Liberty Financial and the Trump meme coin, according to his latest financial disclosures filed with the U.S. Office of Government Ethics. The filings show that as crypto-related proceeds flowed in, Trump’s holdings
Why Did Strategy Sell Shares Instead of Buying Bitcoin? Strategy sold approximately $466.7 million worth of MSTR shares last week but did not buy or sell any bitcoin, marking another shift away from the company’s familiar pattern of using capital raises to expand its bitcoin holdings. The company said in a Monday filing with the
Why Did Progmat Move Its Security Token Platform to Avalanche? Progmat has completed the migration of its security token issuance and management platform to Avalanche, moving more than ¥452 billion, or about $2.7 billion, in active tokenized assets from a private Corda 5-based ledger to a dedicated public Avalanche Layer 1. The move marks one
Why Are Chinese Prosecutors Targeting Crypto Laundering Now? Chinese prosecutors are calling for a more proactive approach to cryptocurrency-related money laundering, arguing that digital asset technology has moved faster than the country’s current legal and investigative framework. The argument was published on the website of China’s Supreme People’s Procuratorate, the country’s top prosecutorial authority. The
Why Does Webull’s Dutch Approval Matter? Webull’s European unit has secured authorization under the European Union’s Markets in Crypto-Assets Regulation, giving the online brokerage a regulatory route to launch crypto custody and related services from the Netherlands. The approval initially covers the Dutch market. Webull said it is still awaiting passporting approval before extending the
Rocket Lab stock has remained volatile in the wake of the highly anticipated SpaceX IPO and its blockbuster Iridium acquisition. Shares surged to $151 ahead of the IPO before tumbling to $80.50, and have since recovered to around $100. Despite the wild price swings, top analysts continue to maintain a bullish outlook on the company.
Micron stock price has plunged and entered a local bear market after falling by over 22% from its all-time high. It slipped to $975 on Thursday, its lowest level since June 11, after a series of negative news. So, is this the start of a new downtrend or just an overreaction? Micron stock dived after
Palo Alto Networks stock continues its strong uptrend this week and is now hovering at its all-time high. PANW jumped by 156% from its lowest point this year, with analysts expecting more gains. BNP Paribas predicts that PANW will jump from the current $357 to $380, while Wells Fargo sees it soaring to $420. Other
Why Are Web3 Firms Building a Court for AI Agents? A group of crypto and Web3 companies, including OKX, MetaMask, Matter Labs, and Genlayer, have formed the “Internet Court,” a dispute resolution protocol designed for transactions between AI agents. The project is being led by the Genlayer Foundation and has backing from 27 firms. Its
Why Did Empery Sell Part of Its Bitcoin Treasury? Empery Digital sold 1,400 bitcoins for about $87.1 million over the past 2 months, using part of the proceeds to shift capital toward AI infrastructure, debt repayment, and legal expenses. The Nasdaq-listed company said it sold the bitcoins at an average price of $62,200 since May