US First Lady Melania Trump promoted her MELANIA token in an AI video, but questions linger over $10 million in team token sales and a 98% price collapse.
White House News
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It’s unclear when US President Donald Trump could announce another pick to chair the CFTC amid a government shutdown with no end in sight.
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The first US government shutdown since 2018 may signal the next crypto market bottom, despite concerns over mixed equity market reactions, analysts told Cointelegraph.
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Brian Quintenz told Cointelegraph he will return to the private sector after the White House pulled its nomination for him to chair the CFTC.
4959 - Market Analysis
SOL late leverage longs got rinsed by the flash crash to $205, but data shows pro traders buying the dip and retail traders opening fresh spot and margin positions.
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A Coinbase executive and three other crypto tax and policy specialists will meet with the Senate Finance Committee next Wednesday to discuss digital asset tax matters.
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No scheduled consideration of a market structure bill had appeared on Senate calendars as of Wednesday, as some Democrats could challenge what is expected to be a tight vote.
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At least three other candidates may be in the running to chair the CTFC after the Winklevoss twins reportedly soured on Trump’s first pick, Brian Quintenz.
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Atkins signaled a departure from the enforcement-first approach of the SEC during Gensler’s leadership, including preliminary notices prior to enforcement actions.
4783 - Breaking news
The former White House crypto adviser, who joined Tether in August, will become CEO of its planned US-regulated, dollar-backed stablecoin project.
3918 - Newsletter
Whales are losing millions of dollars on the decline of the Trump-linked WLFI token, but most of the pre-sale participants are still holding the coin.
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Sun said his WLFI pre-sale allocation was “unreasonably frozen” in a move that could damage the reputation of the Trump-family-linked decentralized finance platform.
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The WLFI token became the ninth-most-bearish by investor sentiment, as whales lost millions on its more than 40% post-launch decline.
23260 - Newsletter
Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research.
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The CFTC is seeking public input on how it can more effectively regulate spot crypto trading as part of its second “crypto sprint” initiative to advance the White House’s crypto agenda.
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