Category: General News

Trump Family Goes All In On BTC, Raising $220 Million For American Bitcoin | Bitcoinist.com

The Trump family is expanding its Bitcoin ventures, raising $220M for American Bitcoin to boost BTC holdings and mining operations, with plans for a Nasdaq listing and other crypto initiatives.

Scammers Drain $20,000 From Billion-Dollar Bank Customer Who Took Out Loan for Business Purposes: Report – The Daily Hodl

A Houston business owner lost $20,000 from a small business loan to scammers impersonating her bank. The fraudsters gained access to her account via a phone call, transferring funds internally.

[LIVE] Crypto News Today: Latest Updates for July 2, 2025

Crypto market cap drops 3.2% with Bitcoin at $106K and Ethereum above $2,400. SEC releases new ETF guidance for issuers in latest crypto updates.

Coinbase Surges as Bernstein Declares It the ‘Amazon of Crypto’ – Brave New Coin

Coinbase stock surges as Bernstein calls it the ‘Amazon of crypto’, citing its dominant position, policy wins, and global expansion. The company’s diversified services and regulatory progress drive growth.

Binance Captures 94% Airdrop Market Share Driving User Engagement, Dominance

Binance dominates the crypto exchange market with 94% airdrop share, $2.6B distributed in 2024, and leading liquidity in Bitcoin, Ethereum, and other major assets.

Ethereum Foundation Sells $32M as Fidelity Buys $25.7M ETH

The Ethereum Foundation sold $32M in ETH while Fidelity bought $25.7M. Foundation’s daily 1,000 ETH transfers sparked criticism, but whale accumulation hit 14.2M ETH, signaling potential market shifts.

‘It Sounded Reasonable at the Time’ – Elderly JPMorgan Chase Customer Duped out of $13,000 by Contest Scam: Report – The Daily Hodl

An 87-year-old JPMorgan Chase customer lost $13,000 to scammers posing as Publishers Clearing House, who convinced him to pay fees for a fake prize. The bank and police are investigating.

Goldman Sachs Says One Catalyst Could Reverse Stagnant US Manufacturing Productivity – And It’s Not Tariffs: Report – The Daily Hodl

Goldman Sachs reports AI advancements, not tariffs, could reverse US manufacturing stagnation by boosting productivity through robotics and automation innovations.

xAi Funding: Elon Musk Artificial Intelligence Company Raises $10 Billion

Elon Musk’s xAI raised $10 billion in funding, combining $5 billion in debt and $5 billion in equity, to advance AI infrastructure and compete with OpenAI, including expanding its Grok platform.

UK’s Smarter Web Company adds $24.7M in Bitcoin, now holds 773 BTC

UK’s Smarter Web Company adds $24.7M in Bitcoin, now holds 773 BTC as part of its long-term digital assets strategy, with $52.3M cash remaining for future purchases.