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Eric Trump said traditional banks could “be extinct in ten years” unless they embrace cryptocurrency and blockchain, telling CNBC that today’s financial plumbing is too slow, costly, and exclusionary. Eric Trump: SWIFT Is ‘a Disaster,’ Blockchain Does It Better Eric Trump, executive vice president of the Trump Organization, argued that legacy rails such as ...

Key points: Bitcoin’s 7-day volatility is the lowest in 563 days, signaling an impending range expansion. Bitcoin’s breakout above $95,000 could swiftly take it to $100,000 and above. Although the probability is low, traders should remain cautious about a pullback in the near term. Bitcoin (BTC) has been trading in a tight consolidation near ...

Key points:  US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts. Bitcoin dropped to $92,910 as GDP figures were released, but sustained buy-side demand could provide support.  Today’s crypto derisking is likely transitory; market fundamentals remain strong. Bitcoin (BTC) price took an abrupt tumble as data showed ...

Changpeng “CZ” Zhao, the former CEO of crypto exchange Binance, said most European countries were moving “nowhere” in terms of the adoption of digital currencies. Speaking at the Token2049 conference in Dubai on April 30, Zhao said that areas of the United Arab Emirates were “extremely pro-business,” leading to crypto adoption in Dubai, while ...

Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy. According to the April 30 announcement, the ETF will provide exposure to companies across seven business sectors, including Bitcoin mining firms, automotive companies, and energy. Some of the most ...

Semler Scientific has increased its bitcoin holdings to 3,467 BTC following a $15.7 million purchase of 165 BTC, achieving a 23.8% year-to-date yield on its bitcoin treasury strategy. Bitcoin Bet Pays Off As Semler Scientific Reports 23.8% BTC Yield Semler Scientific (Nasdaq: SMLR) continues to double down on its bitcoin strategy, announcing the purchase ...

On April 30, 2025, Malaysia launched the Malaysia Blockchain Infrastructure (MBI), a step in its digital transformation journey aimed at unifying fragmented digital ecosystems and making blockchain-based services accessible to all. Developed by MIMOS Berhad and MY E.G. Services Berhad, and powered by the Zetrix public layer-1 blockchain, MBI is designed to facilitate seamless ...

The U.S. economy shrank by 0.3% in the first quarter of 2025 after companies rushed to import goods in the wake of President Donald Trump’s global trade war. Bitcoin Edges Lower After U.S. Economy Shows Weakness The world’s largest economy contracted by 0.3% during the first quarter of the year according to a report ...

Bloomberg Intelligence exchange-traded fund (ETF) analysts Eric Balchunas and James Seyffart have released updated odds for 2025 U.S. spot cryptocurrency ETF approvals, assigning a 90% chance to solana ( SOL). Bloomberg Intelligence Analysts Forecast 90% Chance for Solana, Litecoin Spot ETFs The analysts note that litecoin ( LTC) and digital asset index baskets also ...

Kentucky Senator Rand Paul is pressing Congress to reclaim its taxing authority, arguing that President Donald Trump’s reliance on emergency powers to impose tariffs on dozens of countries violates both economic logic and the Constitution. Rand Paul Warns Emergency Tariffs Could Hand ‘Karl Marx’ Future Powers Paul on Tuesday touted a joint resolution that ...