The company bought nearly three times more bitcoin than miners produced in March and is signaling it isn't done, even as its holdings remain billions underwater.
Selig said states do not have the ability to police prediction market providers, echoing his agency's stance as it pursues court cases to cement its authority.
Jurrien Timmer, director of global macro at Fidelity Investments, says strong earnings are helping markets absorb geopolitical shocks, despite ongoing risks.
"Effective immediately, the United States Navy ... will begin the process of blockading any and all ships trying to enter, or leave, the Strait of Hormuz," said the president in a social media post.
The Fellowship PAC spent $300,000 with Nxum Group that was co-founded by Bo Hines, the chief of Tether's U.S. arm and former adviser to President Donald Trump.
Once WLFI's largest outside backer, Sun is going public days after the Trump-family venture borrowed $75 million against its own token on a DeFi protocol advised by one of its own insiders.
As banks retreat from trade finance amid Iran-linked risk fears, non-bank lenders and traders are increasingly turning to stablecoins for settlement, according to Haycen’s Luke Sully.
Whales are accumulating TRUMP tokens ahead of a Mar-a-Lago gala hosted by Donald Trump, even as prices hover near record lows and U.S. senators raise questions over the event.
As North Korea's infiltration tactics grow more sophisticated, security experts say the crypto industry needs to understand what sets the regime apart from every other state-backed hacker — and why that difference makes it a dangerous threat to the ecosystem.