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Author: Oluwapelumi Adejumo

White House tells “greedy” banks to “move on” from CLARITY Act stablecoin yield fight

A White House digital assets official has slammed the traditional banking sector’s continued opposition to the proposed stablecoin yield compromise in the CLARITY Act. On April 17, Patrick Witt, the executive director of the White House Presidential Advisory Committee on Digital Assets, accused the financial institutions of “greed or ignorance” due to their intensified lobbying

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Strategy’s STRC hits record trading volume after massive $1B Bitcoin purchase as market cap doubles since Friday

Strategy’s perpetual preferred stock, STRC, played a key role in the company’s Bitcoin strategy this week after it saw more than $1.1 billion in daily trading volume. In an X post, Strategy declared April 13 the record date for STRC. Michael Saylor also noted that the security closed at par with just “one penny of volatility” after

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Trump’s World Liberty Financial borrows $75M against illiquid WLFI tokens with 16B token dump incoming

World Liberty Financial, the decentralized finance project co-founded by the Trump family, is hastily preparing to unlock a massive tranche of its WLFI tokens after a nearly two-year holding period. The impending release will likely target a portion of the remaining 80% of public investors’ allocations to the project…

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Bitcoin clings to $68,000 as Trump’s final Iran deadline expires at 8 PM EST and oil screams higher

Bitcoin continued to hold near $68,000, a key long-term support level, this morning as traders waited for President Donald Trump’s latest deadline for Iran. The tension built after Trump said on Truth Social that “a whole civilization will die tonight” as his 8 P.M. Eastern deadline for a deal with Iran approached…

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