• finance

Trump’s crypto reserve plan draws financial and ethical criticism

Democrat Gerald Connolly urges the Treasury to halt Trump’s proposed crypto reserve, citing lack of Congressional oversight, potential conflicts of interest, and risks to fiscal policy.

• finance

White House reveals David Sacks sold $200M in Bitcoin, Ether, and other digital assets before new role

David Sacks divested over $200 million in crypto assets before his White House role, maintaining some exposure while ensuring no conflicts of interest during his tenure.

• finance

For the first time, Goldman Sachs acknowledges crypto in annual shareholder letter

• finance

Bit Digital shares rally 7% on strong 141% revenue growth

Bit Digital's revenue surged 141% in 2024, primarily due to cloud services, leading to a share price increase. Bitcoin mining revenue grew but its market share declined.

• finance

Top Economists Announce Interest Rate Expectations for 2025! This Month Is Pointed to the First Interest Rate Cut!

Two critical economic indicators, PPI and CPI, were announced, influencing expectations for the Federal Reserve's interest rate decisions, with skepticism about future growth and rate cuts.

• finance

21Shares will liquidate two of its Bitcoin and Ethereum futures contracts ETFs

21Shares will liquidate two Bitcoin and Ethereum ETFs due to strategic misalignment, with last trading days on March 27 and liquidation on March 28.

• finance

Survey reveals 30% of Russian banks reluctant to support CBDC adoption: report

30% of Russian banks are unprepared for the digital ruble rollout due to infrastructure issues and concerns over control and transparency, delaying its wider implementation.

• finance

Hong Kong crypto payment firm RedotPay wraps $40M Series A funding round

• finance

Bezos-Backed Stark Bank Rises as a Crypto Enabler in Brazil

Stark Bank, supported by Jeff Bezos, serves cryptocurrency businesses in Brazil, processing $48 billion in payments while preparing for increased competition and regulatory challenges.

• finance

Brazil to Push Cryptocurrency as a Priority for International BRICS Trade

Brazil aims to prioritize crypto initiatives in BRICS, focusing on a blockchain payment system to enhance international trade and reduce reliance on the U.S. dollar.