With the death of Senator Lindsey Graham and another senator hospitalized, Republicans’ current majority in the chamber has been reduced to 51-47, likely requiring more Democratic support to pass crypto market structure. US President Donald Trump is urging members of the Senate to pass the Digital Asset Market Clarity (CLARITY) Act “in honor of” Senator Lindsey Graham, who died over the weekend. In a Monday Truth Social post, Trump said that Graham had been “a big supporter” of the CLARITY Act, calling on the Senate to pass the legislation. The chamber has four weeks in session before a month-long state work period in August, giving lawmakers a small window of opportunity to pass the crypto market structure bill. Graham died at age 71 on Saturday. Source: Donald Trump Read more
Bitcoin bulls faced an uphill struggle to preserve $62,000 as stocks opened down on Strait of Hormuz rhetoric between the US and Iran. Bitcoin (BTC) fell further into Monday’s Wall Street open as markets reacted to the US-Iran escalation. Key points: Read more
The US President disclosed earning more than $1 billion from crypto ventures amid discussions of a digital asset market structure bill in Congress and legislation to ban CBDCs awaiting his desk. US President Donald Trump has responded to criticism of his 2025 financial disclosures, showing that he earned $1.4 billion in income from crypto-related ventures while in office. In a Thursday interview with CNBC’s Joe Kernen, Trump said that there was “nothing illegal” and “nothing wrong” with profiting from his crypto investments as president. He claimed that other people were responsible for his investments and he didn’t “even know who they are,” not directly answering questions about perceived conflicts of interest as president. Donald Trump (left) and Joe Kernen (right). Source: CNBC Read more
House Speaker Mike Johnson transmitted a housing bill with a provision barring the US Federal Reserve issuing or creating a CBDC until 2030 to Donald Trump on Monday. US President Donald Trump has about 10 days to decide whether or not to sign bipartisan housing legislation containing a ban on a central bank digital currency (CBDC) into law after saying he planned to prioritize a controversial voting bill. According to reports, House Speaker Mike Johnson sent the 21st Century ROAD to Housing Act to Trump’s desk on Monday, kicking off a 10-day timeline for the president to decide whether to ignore, sign or veto the bill under the US Constitution, excluding Sundays. The bill, passed by the House of Representatives last week, included language barring the Federal Reserve from issuing or creating a CBDC “or any digital asset that is substantially similar” until the end of 2030. Donald Trump signing executive orders on Monday. Source: The White House Read more
The conflict in Iran has been escalating following US and Israeli strikes against Iran in February, which sent oil prices higher and crypto and broader markets tumbling. Update: April 1, 1:30 am UTC: This article has been updated to include more details surrounding US President Donald Trump’s comments and background information. US President Donald Trump said the US could wrap up its military campaign in Iran within weeks, claiming the goal of eliminating Iran’s nuclear capabilities had been achieved. Speaking to reporters at the White House during an executive order signing ceremony on Tuesday, Trump said the exit could come within two to three weeks because “there’s no reason for us to do this.” Read more
Trump has urged banking groups to “make a good deal” with the crypto industry and said undermining the GENIUS Act is “unacceptable.” US President Donald Trump has taken a shot at banks for stalling the crypto market structure bill from advancing in the Senate over stablecoin yield payments. “The Genius Act is being threatened and undermined by the Banks, and that is unacceptable — We are not going to allow it,” Trump posted on his Truth Social platform on Tuesday, mentioning the GENIUS Act that Congress passed in July to regulate stablecoins. Trump has touted the GENIUS Act as his crowning achievement to attract crypto companies to the US. The law gives stablecoin issuers a path to regulation, but bans them from directly offering yield payments to holders. Read more
The Thumzup Media Corporation provides a platform for influencers to market various products on social media to earn revenue. Donald Trump Jr., the eldest son of the US president, disclosed an investment in Thumzup Media Corp, a social media marketing company that has adopted the Bitcoin (BTC) treasury strategy. Trump Jr. currently holds 350,000 shares of the company, valued at nearly $3.3 million, according to Bloomberg, and the stock is currently trading hands at roughly $9.50 per share. The company’s board of directors approved the use of Bitcoin as a corporate treasury asset in November 2024 by green-lighting the purchase of up to $1 million in BTC. Company CEO Robert Steele said following the decision: Read more