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Elon Musk’s dad is promoting a memecoin that capitalizes on the family name to raise upto $200 million for various engineering projects, despite the father-son duo apparently being estranged. Errol Musk, alongside business partner Nathan Browne, will officially back the “MUSK IT”
Bank of Japan (BOJ) Governor Kazuo Ueda said Friday the central bank must maintain an accommodative monetary policy to support economic growth and ensure the underlying inflation gradually moves to the 2% target. Ueda told the Parliament that the recent increase in
The parents of prisoned crypto fraudster Sam Bankman-Fried are reportedly exploring how to secure a presidential pardon from President Donald Trump for their son, according to a Bloomberg report. Joseph Bankman and Barbara Fried, both professors at Stanford Law School and part
So close yet so far – that’s the story for bitcoin (BTC) this Friday morning, as its price rally has stalled just shy of record highs amidst a continued rally in gold (XAU), a traditional risk asset, and crypto tokens associated with
Crypto fund behemoth Grayscale Investments has filed an application with the Securities and Exchange Commission (SEC) to convert its XRP Trust into an exchange-traded fund (ETF), which will listed on the New York Stock Exchange (NYSE). The existing product operates as a
The U.S. Securities and Exchange Commission approved another joint bitcoin and ether exchange-traded fund (ETF) Thursday, letting investors gain exposure to the two digital assets in one regulated financial product. The SEC announced it had granted accelerated approval to Bitwise’s Bitcoin and
Coinbase Derivatives, a subsidiary of the crypto exchange, has filed documents with the Commodity Futures Trading Commission (CFTC) to list Solana (SOL) and Hedera (HBAR) futures. The exchange plans to launch the product on Feb 18., with new contracts being cash-settled on
San Salvador — Tether, the crypto company behind the largest stablecoin, is introducing its $140 billion USDT token to Bitcoin — the blockchain that underpins the largest and oldest cryptocurrency — and Bitcoin-based scaling service Lightning Network, the company said on Thursday.
Memecoin generator Pump.fun was hit with another proposed class action lawsuit on Thursday, accusing the company and its executives of raking in nearly $500 million in fees while violating U.S. securities laws. The suit, filed in the Southern District of New York
Last week, through Executive Order, President Trump took a significant step toward reshaping the future of digital assets by establishing a Crypto Council led by investor and entrepreneur David Sacks. This Executive Order, coupled with the recent reversal of SAB 121 –