U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee at the U.S. Federal Reserve in Washington, Dec. 10, 2025. Kevin Lamarque | Reuters The Federal Reserve heads into 2026 facing a slew of political and policy challenges, headlined by a new chair and an…
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Former U.K. Prime Minister Boris Johnson has called bitcoin BTC$70,754.50 a “giant Ponzi scheme,” prompting a swift rebuttal from Strategy chairman Michael Saylor and other netizens. In a column published in the Daily Mail and posted on social media platform X, Johnson wrote that he had long suspected cryptocurrencies relied on “a supply of new…
The Senate Agriculture Committee released its own discussion draft market structure bill, addressing digital commodities and how the Commodity Futures Trading Commission might oversee that sector of the crypto market. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The…
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US President Donald Trump (PTI photo) US President Donald Trump on Wednesday unveiled what he called the “Trump Gold Card,” announcing that people will be able to apply for Gold Card citizenship starting Wednesday afternoon. In a post on Truth Social, Trump promoted the new immigration pathway, saying, “THE UNITED STATES GOVERNMENT’S TRUMP GOLD CARD…
U.S. Senator Cynthia Lummis, who has arguably been the closest friend to the crypto sector in Congress, won’t seek another term, she said in a statement on Friday. The first-term lawmaker will call it quits after her six-year term ends in January 2027, leaving a Republican seat open in extremely red Wyoming, but also removing…
Representative image (Credits: ANI) NEW DELHI: “Suspected fuel starvation” — running out of fuel — reportedly caused a Red Bird training aircraft to force land in an open field about to 50 to 70 km before its destination, Belagavi, on Sunday. Luckily, both the flight instructor and student pilot on board the Cessna 172 aircraft…
Harvard University’s endowment has disclosed a $443 million stake in BlackRock’s iShares Bitcoin Trust (IBIT), making the fund’s largest known equity position a spot bitcoin exchange-traded fund. According to the university’s latest 13F filing with the U.S. Securities and Exchange Commission, the investment fund held 6.8 million shares of IBIT as of the third quarter…
The effort is starting small, but Texas made an opening foray into a state-based crypto reserve — getting closer to the first government stockpile in the U.S. Source link
