Three senior executives from Trump Media & Technology Group have founded Renatus Tactical Acquisition Corp I, a special purpose acquisition company (SPAC) registered in the Cayman Islands. The company plans to raise around $179 million to acquire businesses in cryptocurrency, blockchain, data security, and dual-use technology. A Forbes report notes ...
A Democratic lawmaker is calling on the U.S. Treasury to abandon plans for a strategic cryptocurrency reserve, citing potential conflicts of interest involving President Donald Trump and arguing that such a move offers no tangible benefits to the American people. In a letter dated March 13, House Representative Gerald E. ...
At least six former cabinet members of President Donald Trump reportedly hold Bitcoin, either directly or through investment vehicles like crypto-backed ETFs. This information comes from public financial disclosures from December 2024 and January 2025. Health and Human Services Secretary Robert F. Kennedy Jr. has reported in his public financial ...
European Union finance officials are concerned that U.S. President Donald Trump’s favourable stance on cryptocurrencies, particularly dollar-backed stablecoins, could threaten Europe’s financial stability and monetary sovereignty. Pierre Gramegna, managing director of the European Stability Mechanism, raised concerns during a Eurogroup press conference about the U.S. administration's crypto-friendly stance. He warned ...
World Liberty Financial (WLFI) has seen its portfolio plummet by $110 million in unrealized losses, according to blockchain analytics firm Arkham Intelligence. WLFI’s initial investment of $336 million across nine cryptocurrencies has now dropped to approximately $226 million, with Ethereum accounting for most losses. The company purchased Ethereum at an ...
Venture capitalist and crypto advocate Nic Carter has praised former President Donald Trump’s latest executive order establishing a Strategic Bitcoin Reserve, calling the move a significant victory for the industry. The announcement came during the White House Crypto Summit, where Trump’s administration laid out plans for the federal government to ...
The U.S. government could allocate up to 88,000 BTC for its newly announced Strategic Bitcoin Reserve, according to Alex Thorn, head of research at Galaxy Research. In a March 7 post on X, Thorn explained that while federal authorities currently hold around 198,000 BTC, approximately 112,000 BTC must be returned ...
United States President Donald Trump has signed an executive order to establish a Strategic Bitcoin Reserve. In a March 7 announcement on his official X account, White House AI and Crypto Czar David Sacks revealed that the reserve would be funded using Bitcoin seized through federal asset forfeitures, ensuring no ...
Donald Trump’s World Liberty Financial has made a significant investment in cryptocurrency, purchasing $21.5 million worth of Ethereum, Wrapped Bitcoin, and Movement Network tokens. According to a post on March 6 by the on-chain analytics platform Spot On Chain, these transactions were carried out using USDC from a newly created ...
A debate over which digital assets should be included in the newly proposed U.S. Crypto Strategic Reserve has emerged, with top industry executives arguing that Bitcoin may be the only cryptocurrency fit for the role. In a recent X post, Winklevoss stated that Bitcoin is the only cryptocurrency that qualifies ...
