Former president Donald Trump, campaigning as the Republican nominee for the U.S. election in November, has teased plans for an official announcement on Monday of a new crypto company. Certain details of the project have already leaked out in draft proposals. With little over a month and a half to go till the U.S. presidential election, Donald Trump's schedule is packed – rallies,...

Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago. Bitcoin remains stable around $58,480 with slight movements in other cryptocurrencies like XRP, SUI, and FTM. The market anticipates the Federal Reserve's potential interest rate cut on September 18, which is expected to influence risk assets positively, with a 67%...

Officials and advisors to the project confirmed, during a much-anticipated two-hour-plus Spaces on X, that the non-transferable governance token will be available under an SEC Regulation D exemption. World Liberty Financial, a crypto project the Trump family has endorsed, will launch a governance token WLFI. The token will be non-transferable offered only to accredited investors...

Bhutan’s state-owned Druk Holdings touts digital assets as one of its focus investment groups. Bhutan, a Himalayan nation with fewer than 1 million people, has accumulated over $780 million in bitcoin, representing nearly a third of its GDP, through mining operations run by state-owned Druk Holdings. The mining operations are linked to Bitdeer, which has been expanding...

Cathedra Bitcoin will move away from mining business and will develop data centers instead. Cathedra Bitcoin will pivot away from Bitcoin mining to providing general data center services and buying Bitcoin on the open market instead, the company said. Cathedra cited unpredictable profit margins as a cause for the shift. It was Michael Saylor whose MicroStrategy...

Eight founding member projects include Morpheus and Filecoin Foundation, with Michael Casey, CoinDesk's former chief content officer, as chairman of the new industry group. Eight founding members have started what they call the Decentralized AI Society (DAIS) to fight the possibility of tech giants holding an AI monopoly. The chairman of DAIS is Michael Casey who...

BitGo says USDS is an "open participation" stablecoin that provides rewards to institutions for providing liquidity to the ecosystem. BitGo says it is launching a stablecoin in January 2025 Called USDS this stablecoin will provide rewards to the institutions which power its liquidity. FOR MORE DETAILS PLEASE CLICK HERE!

Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan. A spokesman for Revolut said the company wants to expand its crypto offerings, taking a compliance-first approach to become a safe harbor for the entire crypto community. Revolut, which snagged a U.K. banking license in recent months, would join other...