World Liberty Financial launched USD1, a stablecoin pegged to the US dollar.
USD1 is backed by US government securities and cash and launched on Ethereum and BNB Chain.
The stablecoin aims for institutional-grade stability, with a total supply of approximately $3.5 million, and is not yet tradeable.
World Liberty Financial, a DeFi protocol founded in 2024 and backed by Donald Trump, unveiled USD1, a stablecoin pegged 1:1 to t…
Trump Media & Technology Group (TMTG) has signed a non-binding agreement with Crypto.com to launch a series of ETFs under its Truth.Fi brand.
The ETFs will include digital assets like Bitcoin and Crypto.com’s Cronos, alongside securities tied to U.S. industries such as energy.
TMTG plans to allocate up to $250 million from its cash reserves for this venture, blending traditional finance with decentralized finance (DeFi).
The p…
Ethereum’s daily ETH burn rate hit an all-time low of 50.0279 due to reduced mainnet activity.
Investors are withdrawing ETH from exchanges possibly linked to the upcoming Pectra upgrade.
ETH currently trades around $2,000.
In 2025, Ethereum’s performance has been mixed, with upgrades like Pectra driving optimism amid market volatility.
Ethereum, the second-largest cryptocurrency by market cap, is at a crossroads, with rec…
Donald Trump spoke at the Digital Assets 2025 Summit.
Becoming the first sitting U.S. president to address a cryptocurrency conference.
He praised the cryptocurrency industry, aiming to make the U.S. a “Bitcoin superpower” and calling for swift stablecoin regulation.
Reiterating a strategic Bitcoin reserve, valued at around $17 billion, with no plans to sell these assets.
There’s debate on how these policies will be implemented…
The Federal Reserve kept interest rates unchanged at 4.25%-4.5%, aligning with market expectations.
Bitcoin continued its bullish trend, trading above $84,000 and hitting $85,760 driven by positive market sentiment.
The Fed’s projection of two rate cuts in 2025 adds a dovish tone, potentially benefiting risk assets like Bitcoin.
An unexpected detail: President Trump’s announcement of a U.S. strategic crypto reserve, including Bitc…
