Donald Trump Warns Fed: Slash Rates or I’ll “Force Something” – Powell’s Job Still Safe
Donald Trump criticizes Fed Chair Jerome Powell, calling him a ‘numbskull’ but vows not to fire him. Trump demands rate cuts, claiming it could save the US billions, amid re-election pressures.
SEC, Ripple seek to end multi-year legal dispute with amended filing
Ripple and the SEC have filed a joint request to settle their legal dispute with a $50 million penalty, aiming to dissolve a court injunction and conclude years of litigation over XRP sales.
Trump Declares Himself ‘Crypto President’, Pushes Stablecoin Bill and National Bitcoin Reserve – Brave New Coin
Donald Trump declares himself ‘Crypto President’ at Coinbase’s summit, promoting the GENIUS Act for stablecoin regulation and a national Bitcoin reserve to boost U.S. crypto dominance.
Elizabeth Warren, Jeff Merkley Request Binance, MGX Records
U.S. Senators Elizabeth Warren and Jeff Merkley request Binance and MGX preserve documents related to a $2 billion stablecoin deal involving Trump-affiliated World Liberty Financial’s USD1.
SEC and Ripple Jointly Ask Court to Approve $50M Settlement
SEC and Ripple jointly propose a $50M settlement to end their legal battle, requesting the court to release $125M in escrow funds, with $50M going to the SEC and the rest returned to Ripple.
Shaquille O’Neal Agrees To Pay Nearly $2 Million To FTX Investors
Basketball legend Shaquille O’Neal agrees to pay $1.8 million to settle FTX investor lawsuit, becoming the first celebrity to resolve litigation tied to the failed crypto exchange’s collapse.
China-ECB Alliance Heralds Bold Yuan Push
Chinese Premier Li Qiang and ECB President Christine Lagarde met to discuss China-EU financial cooperation and global monetary reform, signing an updated MoU to strengthen institutional ties.
World’s largest financial clearinghouse DTCC eyeing stablecoin launch
DTCC, the U.S. financial clearinghouse, is considering launching a dollar-backed stablecoin for trade settlements, pending regulatory clarity from Congress.
Trump’s Big Beautiful Bill could trigger a US debt crisis and Bitcoin boom
Trump’s Big Beautiful Bill may add $2.4 trillion to US debt, risking inflation and a debt crisis. Bitcoin could hedge against dollar devaluation if held in self-custody amid financial instability.
Ex-Kamala Harris campaign adviser joins Coinbase advisory council
David Plouffe, former adviser to Kamala Harris, joins Coinbase’s Global Advisory Council to guide crypto policies and political engagement, signaling the exchange’s continued focus on US elections.
