Day: 29 May 2025

Elon Musk has officially announced his departure as the Biden administration’s government cost-cutting czar, marking the end of a turbulent tenure aimed at slashing federal spending and jobs. In an X post, Musk confirmed that his term as head of the Department of Government Efficiency (DOGE) will conclude on May ...

KuCoin has introduced two significant initiatives designed to reshape the trading experience for its global user base of 40 million: a real-time copy trading feature and the launch of its exclusive Supernova Program. The newly unveiled copy trading function enables users to automatically mirror the trades of top-performing lead traders. ...

Cango Inc. has finalized the sale of its China-based operations in a $351.94 million cash deal with Ursalpha Digital Limited, marking a pivotal shift in the company’s strategic direction. This move reflects Cango’s transition from its legacy automotive financing business to becoming a pure-play global Bitcoin mining enterprise. Cango is ...

117 Partners LLC has announced a strategic alliance with Strive Enterprises Inc. and Asset Entities Inc., forming a joint initiative to capitalize on high-value opportunities in the distressed Bitcoin claims market. As part of this collaboration, 117 Partners will lead efforts in sourcing, analyzing, and acquiring undervalued crypto claims, positioning ...

New York City Mayor Eric Adams has renewed his commitment to transforming the city into a leading crypto hub, announcing plans to push for the launch of a municipal Bitcoin bond and once again calling for the repeal of the state’s controversial BitLicense regulation. Speaking at the Bitcoin 2025 conference, ...

India's central bank has announced plans to expand the digital rupee with enhanced features and cross-border use cases, signaling a strategic push toward potential global integration of the country's central bank digital currency (CBDC). According to CNBC TV18, the Reserve Bank of India (RBI) detailed in its 2024–25 Annual Report ...

Former Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has cautioned that the U.S. crypto market will remain largely unregulated unless lawmakers grant the agency he once led broader authority. Speaking in a Bloomberg TV interview, Behnam threw his weight behind the crypto industry’s longstanding claim that major digital assets ...

Pakistan is taking significant steps to establish a strategic Bitcoin reserve as part of a broader, state-backed initiative to integrate digital assets into its financial framework. At the Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib, head of the newly formed Pakistan Crypto Council, announced the government’s plan to ...

FLOKI is making a major leap into mainstream visibility through a high-impact media partnership with financial news brand New to The Street. The three-month campaign aims to position FLOKI—and its flagship blockchain game, Valhalla—squarely in front of more than 219 million U.S. households. FLOKI Launches 3-Month U.S. Media Blitz with ...

HTX Research has identified crypto credit and InfoFi as two fast-emerging sectors positioned to drive the next major growth cycle in the digital asset market. According to the firm’s latest report, investor interest is beginning to rotate structurally, influenced by improving macro liquidity conditions and a rising appetite for high-beta ...