House Democrats Urge Treasury Probe Into Trump Family’s Crypto Venture
CNBC reported Thursday that a group of House Democrats are pressing the Treasury Department to examine potential conflicts of interest and national security risks tied to World Liberty Financial (WLFI), the crypto venture associated with the Trump family. Security Concerns Over Trump-Linked Crypto Venture In a letter sent Thursday to Treasury Secretary Scott Bessent, more than 40 Democratic lawmakers, led by Representative Gregory Meeks of New York, called for a formal review of the company’s structure and foreign investment ties. The letter follows a tense House Financial Services....
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A recent investigation alleges that since US President Donald Trump’s return to the White House, the Trump family’s crypto fortune has surged to over $1 billion from his multiple digital asset ventures. Related Reading: US House Lawmaker Introduces Bill To Allow Crypto Investments In 401(k) Plans Trump Family’s Crypto Ventures Reap over $1B On Thursday, […]
Democratic lawmakers from the US House of Representatives have accused President Donald Trump and his administration of using the White House to enrich the presidential family through their crypto businesses, calling on Congress to fight corruption. Related Reading: Terra Founder Do Kwon Requests Five-Year Prison Term Ahead Of December 11 Sentencing House Democrats Call Out […]
Castle Labs is arguing that crypto’s long tail is structurally overbuilt and that most tokens will ultimately be priced toward zero unless they can prove real business traction and tighter token alignment. The thesis, published in a long X post, frames the current market as a selection phase rather than a broad-based recovery story. The core point is not that crypto itself is failing, but that token supply has far outpaced sustainable demand. Castle Labs says the result is a market where a handful of majors dominate while thousands of smaller assets compete for shrinking liquidity. Too....
Altcoin breadth on Binance has deteriorated sharply, with a large majority of tokens now trading below a widely watched long-term trend level, an exhaustion signal that CryptoQuant contributor Darkfost frames as a liquidity problem as much as a price problem. In a post on X, Darkfost (@Darkfost_Coc) shared a CryptoQuant chart tracking the share of Binance-listed altcoins trading below their 50-week moving average alongside Bitcoin’s price. His headline claim: “LIQUIDITY CRUNCH PUSHES 83% OF ALTCOINS INTO BEAR TREND,” arguing that most investors exposed to non-Bitcoin, non-stablecoin assets....
Democratic senators are seeking an investigation into potential ethics violations involving Trump administration officials in relation to significant cryptocurrency deals and national security. The inquiry follows a New York Times report that highlighted two multibillion-dollar transactions with the United Arab Emirates (UAE), which raised alarms over the US decision to allow the Emirates to import […]