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Author: Vickie Helm
The White House on Friday released a smartphone app that gives users direct access to administration updates, social posts, photos and policy pages related to President Donald Trump’s second term. summary The White House app offers policy pages, curated news, social feeds, media tools, and contact options. Users can submit tips to ICE while viewing an administrative message section focused on affordability claims and borders. Although the app promised live video, President Trump’s Friday remarks were not streamed in real time. The government said the app would provide information “straight from the source and without filters” after several teaser videos…
Morgan Stanley is poised to shake up the spot Bitcoin ETF market with a significantly lower fee structure, with new filing details showing that its upcoming Morgan Stanley Bitcoin Trust (MSBT) will charge just 0.14% annually, below all existing U.S. competitors. The fees, revealed in the latest trust documents shared by Bloomberg analyst Eric Balchunas, are 11 basis points below BlackRock’s flagship iShares Bitcoin Trust (IBIT), which currently stands at about 0.25%. Aggressive pricing positions MSBT as the cheapest spot Bitcoin ETF on the market at the time of launch, indicating a deliberate push to attract both internal advisory flow…
Kalsi has secured regulatory approval paving the way for margin trading, giving prediction market platforms a product that will make them more attractive to hedge funds and other institutional investors as the market moves deeper into mainstream finance. The approval covers futures broker licenses through affiliate Kinetic Markets LLC, according to a March 24 National Futures Association filing. Karshi CEO Tarek Mansour said this week that margin products are coming soon and that capital efficiency for financial institutions is a key priority. The move comes on the heels of Kalsi raising more than $1 billion in a funding round that…
The launch of the bounty program comes just weeks after Sun settled a long-running SEC lawsuit for $10 million, dismissing all claims. Tron founder Justin Sun said his team has built an AI system that can identify suspects in crypto fraud cases. He also said he would offer a $100 million reward to anyone who helps bring criminals to justice. what the sun says In a March 26 post on X, Sun claimed that his subordinates had “independently developed” an AI system that can process complex case data and quickly identify suspects. He said the system has already analyzed criminal…
Larry Fink has just set a number on his Bitcoin price bet. BlackRock’s CEO, who once referred to cryptocurrencies as money laundering tools, now predicts annual revenue from digital assets of $500 million by 2030. This is not a footnote. That’s the item in a letter to shareholders from a man who manages $10 trillion in assets. The machinery behind the projection is already in motion. BlackRock’s iShares Bitcoin Trust holds approximately 800,000 BTC worth approximately $55 billion and currently generates an estimated $250 million in annual fee income. Fink is betting that number will double. The market structure that…
ETH price is trading at $2,120 today (March 26), down 2.4% on the day, but anxious traders are questioning whether $2,000 can be sustained amid widespread technical damage since its peak in October. This one-day rally masks a -57% drawdown from the cycle high of $4,831, and the key question now is whether the current level represents a bottom or a pause before the second leg decline. Short-term expectations are widely divergent, with month-end targets ranging from $2,097 to $2,878 depending on the analyst. The macro background remains complex. While the launch of the ETHB ETF, in which BlackRock holds…
Negotiations over the anticipated Cryptocurrency Market Structure Bill have suffered a new setback, with cryptocurrency exchange Coinbase reportedly telling the Senate Office that it cannot support the latest language inserted into the Clarity Act. The dispute centers on newly amended provisions governing stablecoin yield arrangements, a key issue that has been the subject of months of consultations on Capitol Hill. Coinbase says no to late-stage infringement The Senate’s updated document would limit how stablecoin yield programs operate, limit structures that attempt to mirror bank deposit products, and tighten the scope of other activities allowed. The draft leaves open questions about…
Trustworthy editorial content reviewed by industry-leading experts and experienced editors. Advertising disclosure In a closed-door meeting at Parliament House, crypto industry leaders reviewed the latest text of the long-awaited Cryptocurrency Market Structure Bill, which highlights key proposals to address disputes over stablecoin yields and rewards. Latest CLARITY Act Draft Says No to Stablecoin Yields On Monday, the crypto industry debuted the latest version of the crypto market structure bill, known as the CLARITY Act, which addresses key issues that have stalled legislation over the past two months. Industry insiders shared details of the latest legal documents with journalist Eleanor Tellet.…
Morgan Stanley is accelerating its Bitcoin and crypto strategy, but the bank’s head of digital assets said this is the result of years of preparation and not a sudden rush to catch up. Speaking at the Digital Asset Summit on Tuesday, Amy Oldenburg emphasized that Wall Street’s transition to digital assets reflects a long-term effort to modernize financial infrastructure. “We have been on a journey for many years across the modernization of financial infrastructure,” he said, rejecting the idea that banks were acting out of fear of missing out. Morgan Stanley has expanded beyond indirect crypto exposure such as Bitcoin…
Aave’s decentralized autonomous organization has endorsed a proposal to migrate the V4 protocol for deployment on the Ethereum mainnet, showing widespread support for the upgrade after weeks of governance tensions and contributor departures.On Monday, the proposal to introduce Aave V4 to Ethereum mainnet received near-unanimous support from the DAO, with over 645,000 votes in favor, less than one vote against, and no abstentions, according to data from off-chain voting platform Snapshot.This vote marks a shift from earlier divisions within the Aave community and shows broad consensus around the direction of the protocol moving towards formal deployment of V4.According to Aave…