Crypto firms are doubling down on political spending, donating millions to U.S. president-elect Donald Trump’s inauguration committee after a year in which crypto money changed the political landscape.
Their efforts appear to be bearing fruit as the Republican Party bolsters its pro-crypto stance, with reports that Senator Cynthia Lummis (R-WY) is being tapped to lead a new subcommittee focusing on digital assets. Lummis has previously advocated for the U.S. to adopt a Bitcoin strategic reserve, which Trump adopted as one of his pre-election promises.
Things aren’t all going Trump’s way, though—even as he prepares for his second term, the Supreme Court denied his emergency appeal to halt his criminal sentencing in New York.
Here's Every Crypto Firm That Shelled Out for Trump’s Inauguration
Many of crypto’s top firms have eagerly lined up to fund parties and events surrounding President-elect Donald Trump's inauguration.
Cynthia Lummis Tapped to Lead First-Ever Senate Crypto Subcommittee
Sen. Cynthia Lummis has been tapped to lead the first-ever Senate crypto subcommittee ahead of Donald Trump's inauguration.
Pro-Crypto President-Elect Donald Trump Loses Supreme Court Bid to Skirt Sentencing
The U.S. Supreme Court on Thursday denied Trump’s emergency appeal to halt his criminal sentencing in New York.
Bitcoin Hovers at $93,000 as Jobs Report Intensifies Inflation Concerns
The price of Bitcoin dipped to $92,700 as a stronger-than-expected labor market reading contributed to investors' inflation jitters.
COTI CEO: ‘Privacy is a Building Block’
For Shahaf Bar-Geffen, CEO of COTI, blockchain privacy is more than just a narrative—it’s a “fundamental” necessity for Web3.
Walrus revolutionizes decentralized data storage with a secure, scalable, & cost-efficient solution for Web3 applications on any chain. Builders and users benefit from high-speed, reliable data access, with Decrypt and One Championship already joining the herd. Join the Quest and get to know Walrus!
🎮️ GG: Ethereum Shooter 'The Machines Arena' Coming to Steam and PS5—Without Crypto Features
The Machines Arena on Ethereum gaming network Ronin is launching onto Steam and PlayStation 5, but with some key changes.
🤖 EMERGE: Midjourney Inches Closer to 'Complete Overhaul,' Plans Video Features
The AI image generator is rebuilding its core architecture while exploring new capabilities like real-time generation and video creation.
🎭️ SCENE: Pro-Bitcoin Canadian PM Contender Gets Nod From Elon Musk Amid DOGE Push
Elon Musk offered praise for Pierre Poilievre, a Bitcoin advocate and contender for Canadian PM, who wants to cut government spending.
📚 Watch and Learn
📹️ WATCH: Crypto Weak, Silk Road BTC Approved for Sale, Market Top Worries
BTC continues to fall, many altcoins down 10%+. US approved to sell $6.5bn Silk road BTC. BTC ETFs see second biggest outflow ever. 75% chance of market top: Ansem.
🎓️ LEARN: What Is Pump.fun? The Solana Meme Coin Factory
Pump.fun allows anyone to create Solana tokens in a minute for completely free, spawning some of the biggest memes of 2024.
