Bitcoin rebounded more than 11% from its June 5 low near $59,000 to around $66,500 as easing Middle East tensions and continued institutional accumulation from major corporate buyers helped restore confidence despite lingering skepticism about the bull market.
Hedge fund manager Dan Loeb disclosed that the DOJ warned President Trump it would “go after” him if he commuted Ross Ulbricht’s sentence on the last day of his first term, delaying the Silk Road founder’s release until a full pardon in January 2025.
Sam Bankman-Fried has formally petitioned for a presidential pardon from President Donald Trump, even as Trump has publicly indicated he does not intend to grant clemency to the convicted FTX founder.
President Donald Trump signed an executive order Tuesday instructing the Federal Reserve and other regulators to dismantle longstanding barriers that have excluded crypto and fintech firms from the U.S. payment system, escalating a years-long battle over access.
The Trump family trust disclosures show purchases of Coinbase, MARA and Strategy shares in Q1 2026 as the administration advances a more crypto-friendly policy agenda.
President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, cleared a key Senate hurdle Tuesday, putting a bitcoin-friendly former Fed governor one vote away from becoming the most powerful central banker in the world.
