Illustration of Donald Trump with crypto charts and money stacks, highlighting Reuters report on $864 million earnings.

Reuters report details Trump family's $864 million crypto income

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A Reuters investigation reveals that the Trump Organization earned $864 million in the first half of 2025, a 17-fold increase from the previous year, with over 90% stemming from cryptocurrency ventures. The report highlights sales of World Liberty tokens and the $TRUMP meme coin as key drivers. It raises concerns about self-enrichment and ties to investors with legal histories.

Fintechs and nonbanks pursue crypto custody charters

As cryptocurrency integrates into mainstream finance, fintechs, nonbanks, and tech giants are competing for federal and state trust charters to handle custody services. This arms race highlights the shift from decentralized key control to regulated institutional standards. IBM's recent announcement underscores the growing normalization of crypto custody.

Trump media partners with crypto.com for prediction markets

Chris Blake

Trump Media & Technology Group, owner of Truth Social, has announced a partnership with Crypto.com to integrate prediction markets into its platform. The deal allows users to place bets on events including political elections, inflation changes, and sports across major leagues. This move positions Truth Social as the first social media platform to embed such betting capabilities directly in its app.

Federal Reserve Chair Jerome Powell speaks at a press conference amid falling cryptocurrency charts, illustrating rate cut announcement and tempered expectations.

Fed cuts rates but Powell tempers December cut expectations

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The US Federal Reserve cut interest rates by 0.25% to a range of 3.75%-4.0% on Wednesday, as expected. However, Chair Jerome Powell's hawkish comments during the press conference cast doubt on a further cut in December, triggering a selloff in crypto markets. Bitcoin fell below $110,000, while Chainlink experienced volatility before a partial rebound.

Germany debates bitcoin amid eu regulations concerns

Germany's discussion on Bitcoin is heating up as lawmakers worry that strict EU rules might hinder innovation and financial autonomy. The Alternative for Germany party has proposed a motion urging the government to exempt Bitcoin from certain regulations.

Binance expands partnership with Trump family's crypto venture

Chris Blake

International cryptocurrency exchange Binance has announced an expansion of its partnership with World Liberty Financial, the Trump family's startup. This development follows closely after President Donald Trump pardoned Changpeng Zhao, Binance's convicted founder, less than a week ago. The move highlights ongoing ties between the Trump family and the crypto industry.

Illustration of traders on a stock exchange floor watching crypto ETF charts amid a government shutdown, with Capitol building closed in the background.

New crypto ETFs debut amid government shutdown

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Exchange-traded funds targeting smaller cryptocurrencies like Solana, Litecoin, and Hedera launched this week on major US exchanges, despite an ongoing government shutdown. The Bitwise Solana Staking ETF saw strong initial trading volume, marking the start of a broader wave of altcoin products. Issuers proceeded with listings as the Securities and Exchange Commission approved several under a more favorable regulatory environment.

Goldman Sachs and DBS complete first OTC interbank crypto options trade

DBS and Goldman Sachs have executed the first-ever over-the-counter cryptocurrency options trade between two banks. The transaction involved cash-settled Bitcoin and Ether options. This milestone highlights the growing integration of digital assets with traditional finance practices.

Bitwise analyst forecasts rapid $1 billion growth for XRP ETF

Chris Blake

Matt Hougan, chief investment officer at Bitwise, predicts that an XRP exchange-traded fund will easily reach $1 billion in assets within its first few months. He attributes this to the passionate 'XRP Army' community, despite bearish views from crypto insiders. Currently, about 20 XRP ETF filings are pending with the US Securities and Exchange Commission.

 

 

 

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