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Multicoin exits the $1.65...

Multicoin Capital has exited its disclosed stake in Forward Industries, the largest Solana...

UBS Ups Bitcoin Position,...

Switzerland’s largest bank has upped its exposure to Bitcoin, according...

Morgan Stanley’s Bitcoin ETF...

Morgan Stanley Bitcoin Trust (MSBT) recorded a $66.8 million decrease in net assets...

Soluna has 6.3 GW...

Soluna Holdings, a renewable-powered data center operator spanning Bitcoin mining and developing AI...

White House To Host Crypto Industry Execs Next Week: Report

Crypto and prediction market bigwigs are set to gather at the White House next week, according to a Thursday report from POLITICO. 

The report, citing people with knowledge of the matter, said the industry officials would meet one day before the Commodity Futures Trading Commission holds a meeting for its new Innovation Advisory Committee. The committee will feature a panel of experts also from the crypto, prediction market and traditional finance spheres. 

Read More:  Coinbase's Chief Policy Officers Praises Clarity Act Draft

Despite the long-awaited crypto Clarity Act being delayed, regulators are moving ahead with pro-crypto initiatives. 

POLITICO’s report did not mention if President Trump would attend the event. 

Last week, pro-crypto lawmakers were hoping the Clarity Act passed before Congress departed for August recess. After a delay, a vote will now go ahead in September.

Read More:  Metaplanet Adds 2,823 Bitcoin, Reaches 43,000 BTC And Becomes World's Third-Largest Corporate Treasury

Lawmakers started mulling over a new draft of the bill, which was passed by the House of Representatives last year, in July. The text tackled the issue of ethics, banning government officials from promoting or making money from crypto.  

President Trump campaigned on a ticket to help the America become the crypto capital of the world, and received backing from major players in the space. 

Read More:  White House Crypto Chief Patrick Witt To Begin Military Leave As Clarity Act Nears Senate Deadline

Since taking office, the president has signed a number of pro-crypto measures, including a March 2025 executive order directing the creation of a Strategic Bitcoin Reserve.

Regulators have also scrapped a number of high-profile lawsuits against crypto companies, and made a push to watchdog the industry in a more helpful way.

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UBS Ups Bitcoin Position, Buys More Shares In BlackRock ETF

Switzerland’s largest bank has upped its exposure to Bitcoin, according to regulatory filings.  UBS bought more shares in BlackRock’s iShares Bitcoin Trust, bringing its total position to over $83 million across 2.5 million shares, according to...

Bitcoin’s Bear Cycle Looks Familiar — And That Might Be The Bullish Case

Bitcoin has fallen from a record high of roughly $126,080 in October to trade recently in the low-$60,000s — a decline of nearly 50% that has rattled sentiment. But it may just be business as usual. ...

Tether Finally Completes Independent Audit Of Reserves

Stablecoin giant Tether has announced that KPMG U.S. completed the first independent audit of its reserves after years of struggling to get a Big Four accounting firm to do so. The San Salvador-based company, which issues the largest stablecoin in...