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Crypto groups have spent about $176 million across more than 100 U.S. midterm races, led by Fairshake, as the industry seeks bipartisan congressional support and a durable policy influence beyond President Donald Trump’s administration.
Senator Richard Blumenthal has requested Tether’s records over a reported $6.3 million deal with Nxum, a company co-founded by former White House crypto adviser Bo Hines, citing concerns about lobbying and potential conflicts involving stablecoin legislation.
A Circle shareholder has sued Donald Trump, World Liberty Financial and Steve Witkoff, alleging USD1 transactions involving foreign interests harmed Circle and USDC. The White House called the case frivolous, while the dispute adds legal and political scrutiny to Trump’s crypto activities.
A former Circle employee and shareholder has sued Donald Trump over alleged unconstitutional profits from UAE-linked investments in World Liberty Financial, a crypto project co-founded by Trump and his sons. The complaint alleges $2 billion flowed through the venture’s USD1 stablecoin product.
The post Trump Accuses Iran of Faking Hormuz Attacks as Oil Tops $113, Tehran Warns US appeared first on Coinpedia Fintech News Oil prices climbed 4% above $113 a barrel as tensions between the United States and Iran in...
Bitcoin traded near $81,500 as renewed US-Iran tensions pushed stocks lower and reinforced a risk-off mood. Analysts identified $81,300 to $84,400 as a likely near-term range ahead of the Federal Reserve’s Oct. 28 meeting, while Moneyiar data showed BTC down 3.58% in 24 hours.
Crypto’s political influence is becoming a liability in U.S. campaigns. Democratic candidates are highlighting industry spending, Trump’s digital-asset ties and alleged corruption, while Fairshake continues backing crypto-friendly candidates without mentioning crypto directly in most advertisements.
Donald Trump highlighted more than $20 billion in US cybercrime losses during a White House roundtable but avoided the terms “cryptocurrency” and “digital assets.” The event came amid scrutiny of his family’s crypto ventures and fresh reports of crypto-related criminal investigations.
President Donald Trump was set to highlight U.S. action against overseas crypto scam networks at a White House cybercrime event. Officials say agencies halted about $833 million in fraudulent crypto transactions, seized 503 websites and warned nearly 9,000 potential victims.
Patrick Witt’s departure leaves the Trump White House without a publicly named crypto policy chief. The administration says digital assets and the Clarity Act remain priorities, but unresolved legislation and the omission of crypto from a newly assigned AI role have deepened uncertainty.
Former Trump crypto adviser Bo Hines reportedly retained a one-third stake in Nxum while promoting the GENIUS stablecoin bill. The Wall Street Journal said Nxum received $6.3 million from Tether, including an initial payment made while Hines remained in government.
Patrick Witt has left the White House Crypto Council as Senate disagreements continue to block the CLARITY Act. His departure removes a key intermediary in talks over stablecoin rewards, banking competition and safeguards involving President Trump’s crypto interests.
President Donald Trump announced an immediate “energy ceasefire” between Russia and Ukraine, while President Volodymyr Zelensky said Ukraine supported it if Russia agreed. Markets initially stayed calm, but bitcoin later gained more than 1% to $83,900.
The post Trump-Putin Diesel Deal: Will US Crude Oil Fall Below $90? appeared first on Coinpedia Fintech News US Crude oil is at risk of falling below $90 as President Donald Trump’s proposed Russian diesel deal raises f...
Bitcoin recovered toward $82,600 after President Donald Trump said the U.S. would not strike Iran before the midterm elections. The move reduced pressure from Thursday’s sell-off, while ether and Solana remained weaker and broader markets responded to lower oil prices.
Bitcoin recovered toward $82,500 after Donald Trump ruled out a U.S. attack on Iran before the Nov. 3 midterm elections. The rebound followed a sharp selloff, while ether remained down 9% for the week and crypto liquidations exceeded $1 billion.
The post Crude Oil Prices Fall Today appeared first on Coinpedia Fintech News Crude oil prices fell on October 9, 2026, after US President Donald Trump said Washington would not attack Iran before the November midterm e...
The White House has outlined more than $6 billion in science initiatives, including a $215 million competition for fault-tolerant quantum computers and $2.4 billion in AI resources pledged by technology companies. The quantum push is drawing attention because of potential future implications for blockchain cryptography.
