Bitcoin tops $72K, Trump backs CLARITY, SEC unveils crypto rules | Weekly recap
In this week’s edition of the weekly recap, Bitcoin climbed above $72,000 as more than $3 billion in leveraged positions were liquidated, President Donald Trump...
Tag : backs
Ethena price jumps 65% as Arthur Hayes backs breakout
Ethena price extended its weekly gain to about 65% on Aug. 21, reaching $0.142 after a $1 billion lending deal with FalconX and bullish calls...
Ripple CEO backs AI as revenue set to double in 2026
Ripple CEO Brad Garlinghouse said on Aug. 20 that the company is aggressively adopting artificial intelligence as it pursues further revenue and workforce growth. Summary...
Citigroup CEO backs Clarity Act but warns stablecoin rewards could hurt banks
Citigroup CEO Jane Fraser has backed passage of the CLARITY Act while continuing to push for changes to its stablecoin reward rules, keeping the banking...
Crypto group backs Custodia in Supreme Court battle over Fed access
The Blockchain Association urged the US Supreme Court to hear Custodia Bank’s challenge to the Federal Reserve’s denial of its application for a master account,...
US court backs Bybit’s bid to trace funds from $1.5B North Korea hack
United States court records unsealed on Thursday show that a federal judge backed crypto exchange Bybit’s effort to trace assets stolen in the $1.5 billion...
Elizabeth Warren backs crypto rules, rejects CLARITY Act
Senator Elizabeth Warren supports establishing federal rules for digital assets but has rejected the CLARITY Act in its current form, citing unresolved concerns over corruption,...
CFTC chief backs innovation in $1.2 quadrillion derivatives market
CFTC Chairman Michael Selig said regulators must give financial innovation room to lead as the global derivatives market enters a new phase of development. Summary...
JPYC has raised $38 million as AZ-COM Maruwa backs stablecoin expansion in Japan
JPYC has raised a total of 6 billion yen ($38 million) through an extended Series B round, adding fresh corporate backing as the Japanese stablecoin...
Google backs $15B Anthropic data center in Texas
Google is reportedly backing a proposed $15 billion financing package for an Anthropic-linked data center in Texas, extending an AI infrastructure boom that has also...