Top Crypto Websites to Follow for Latest News and Insights in 2025
by wtsadmin
They are often created as a joke, with no real utility and prone to extremely wild price swings that tend to enrich a small group of insiders at the expense of less sophisticated investors. But Thursday night’s dinner for the 220 biggest investors in the $TRUMP meme coin has raised uncomfortable questions about potentially shadowy buyers using the anonymity of the internet to buy access to the president. On Monday, one of the top exchanges in the sector, Coinbase, is joining the S&P 500, the stock market index that tracks the biggest traded companies in the U.S.
TRUMP gala dinner attendees dump tokens before event as price falls 8% amid protests
According to data by the University of Cambridge, China is now the second-biggest contributor to Bitcoin’s global hash rate, only behind the United States. The old blockchain will continue to exist and will continue to accept transactions, although it may be incompatible with other newer Bitcoin clients. Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. The best of us can be swindled, but one banker’s particular enthrallment to an overseas cryptocurrency crime network was so dire that it almost devastated his entire community. Read this New York Times report about Shan Hanes embezzling more than $31 million into a suspicious crypto investment before the money disappeared.
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Trump has signed executive orders promoting the industry, including calls to create a government bitcoin reserve. In March, Trump convened the first cryptocurrency summit at the White House. The Trump family also holds about a 60% stake in World Liberty Financial, a crypto project that provides yet another avenue where investors are buying in and enriching the president’s relatives. The project got a boost recently when World Liberty announced an investment fund in the United Arab Emirates would be using $2 billion worth of USD1 to purchase a stake in Binance, the world’s largest cryptocurrency exchange. First lady Melania Trump has her own meme coin, and Trump’s sons, Eric and Don Jr. — who are running the Trump Organization while their father is president — announced they are partnering with an existing firm to create a crypto mining company.
- The legislation’s provision to give special treatment to stablecoin holders when a company goes bankrupt is telling.
- As Mantle builds, it also integrates Stargate, enabling seamless, bridgeless transfers.
- TIA/USDT eyes a bullish rally to $6.69 by mid-2025 as analysts highlight key Fibonacci levels and the critical $3.50 resistance.
- The Trump family also holds about a 60% stake in World Liberty Financial, a crypto project that provides yet another avenue where investors are buying in and enriching the president’s relatives.
Another point that Bitcoin proponents make is that the energy usage required by Bitcoin is all-inclusive such that it encompasess the process of creating, securing, using and transporting Bitcoin. At present, miners are heavily reliant on renewable energy sources, with estimates suggesting that Bitcoin’s use of renewable energy may span anywhere from 40-75%. However, to this point, critics claim that increasing Bitcoin’s renewable energy usage will take away from solar sources powering other sectors and industries like hospitals, factories or homes. The Bitcoin mining community also attests that the expansion of mining can help lead to the construction of new solar and wind farms in the future. Surprisingly, the anti-crypto stance of the Chinese government has done little to stop the industry.
Some of the lift has been bolstered by the passage of the GENIUS Act, which is designed to give official government approval to the issuance of privately backed digital tokens that help crypto exchanges process transactions. Sometimes the latest bitcoin news includes news about its forks – altcoins, and mining news that have a high impact on bitcoin itself. Many of are not be able to compete with the developed bitcoin infrastructure. However, this does not mean that forked coins are not an important part of the bitcoin news and the cryptocurrency world. Such altcoins offer healthy competition in the cryptocurrency market and thus, provoke bitcoin developers to remain active and continue to develop innovations. Bitcoin news section contains news about bitcoin – the ERC20 token main cryptocurrency.
Those are the crypto coins with values pegged 1-to-1 with another currency or asset—most commonly the U.S. dollar. On Monday, it cleared a cloture vote in the Senate, with 16 Democrats joining Republicans to push it toward passage. It would require crypto companies that issue stablecoins to hold liquid, safe reserves that they could use to cash customers out. In the event of a crypto business’s going bust, it would give stablecoin holders “first priority over any other claim” to get repaid. The bill, which is pretty long, also includes some money laundering rules.
This legislation would mark a game-changing bill, establishing the first comprehensive regulatory framework for payment stablecoins. There is also speculation that the US Senate will pass stablecoin legislation this week. This comes after Senator Bill Hagerty announced that the Senate is ready to pass the GENIUS Act. Another expected headline in the top crypto news this week is Jupiter Exchange’s product announcements. In a post last week, the Solana-based DEX teased a major product announcement by a Jupiter executive. Trump is scheduled to preside over a dinner at his property outside Washington, D.C., on Thursday that will convene the top recent holders of his $TRUMP coin cryptocurrency.
“It’s not going away, it’s going to be part of a lot of portfolios, even if it’s just 2-3%,” said Wedbush Securities finance group managing director Dan Ives. “It’s still a risky asset, but the deregulatory environment has changed the way people view crypto as an investment.” Yet even some longtime bitcoin investors were caught by surprise when Trump announced his $TRUMP coin on the eve of his inauguration. Even as its price has declined following an initial surge, Trump and his family pocketed millions from the coins’ sales. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes. Citi predicts stablecoin supply to hit $1.6T-$3.7T by 2030, driving Bitcoin to $190K-$475K.
Get the latest news about changes in the market of major digital currencies, such as Bitcoin, Ethereum, Ripple or Litecoin, among others. Avalanche (AVAX) is gaining bullish momentum, extending gains on Friday, trading at $25.74 as investor confidence grows on the back of two major developments. FIFA, football’s global governing body, has announced plans to build its own Layer-1 blockchain on the Avalanche network.
“I’m excited to connect with everyone, talk crypto, and discuss the future of our industry,” Sun said. Republicans and Democrats had continued negotiating after the bill initially failed to advance, resulting in a new amendment draft over the weekend that garnered enough support among Democrats to move the package forward. And now, Coinbase is set to become part of the S&P 500 starting at the open of trade on Monday, replacing Discover Financial Services, which is being acquired by Capital One Financial. And regulators such as the SEC and the country’s law enforcement are not necessarily giving up on overseeing crypto altogether. Crypto companies have welcomed the changes, calling them a needed readjustment from what they saw as excessive heavy-handedness under the Biden administration. From financial regulators to the halls of Congress and all the way to the Oval Office, the U.S. is fully embracing — and even promoting — crypto.