Bessent Backs Stablecoins as Strategic Tool for Dollar Dominance
U.S. Treasury Secretary Scott Bessent recently stated in a series of public remarks and social media posts that stablecoins not only pose no threat to the U.S. dollar’s global dominance but could in fact serve as a key instrument in…
Regulatory Scrutiny Intensifies on Crypto Perpetual Contracts
May 26, 2025 — As the U.S. Commodity Futures Trading Commission (CFTC) intensifies its regulatory review of crypto derivatives—particularly perpetual contracts—the crypto industry is actively pursuing compliance pathways while leveraging decentralized frameworks to preserve space for innovation. The CFTC has…
Bitcoin Price Surges to New All-Time High
This week, the Bitcoin market witnessed a strong rebound, with the price breaking through the $112,000 mark, reaching its highest level ever recorded. This surge was accompanied by a significant revival in trading activity, particularly in the futures market, signaling…
Trump’s Private Dinner for Meme Coin Investors Sparks Political Firestorm
Former President Donald Trump hosted a private dinner at his Trump National Golf Club in Virginia for major investors in his personally endorsed meme cryptocurrency, triggering a political uproar and widespread protests. The cryptocurrency, officially authorized by Trump, has attracted…
Coinbase Joins S&P 500 as First Crypto Company
Cryptocurrency exchange platform Coinbase Global Inc. (NASDAQ: COIN) will officially be included in the S&P 500 Index on May 19, 2025, becoming the first cryptocurrency company in history to join the benchmark index. This adjustment comes as Discover Financial Services…