News Explorer — President Trump's Tariffs Knocked Back by US Trade Court, Bitcoin Slips

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May 29, 6:33 am

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President Trump's Tariffs Knocked Back by US Trade Court, Bitcoin Slips

A U.S. court invalidated President Trump's tariff regime, ruling he exceeded his authority under the International Emergency Economic Powers Act. The decision led to gains in Dow, S&P 500, and Nasdaq futures, with Bitcoin falling 1% to $110,800.

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Jun 18, 5:31 am

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Gemini Accuses CFTC of Prioritizing Careers Over Consumer Protection in New Lawsuit

Gemini has filed a complaint against the CFTC, accusing its enforcement division of prioritizing career advancement over... Read Summary

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Jun 18, 3:00 am

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China's E-Commerce Giant JD Eyes Global Stablecoin Services Launch

JD.com, led by founder Richard Liu, plans to launch stablecoin services globally to improve cross-border payments. The c... Read Summary

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Jun 17, 9:27 pm

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Landmark GENIUS Act Stablecoin Bill Passes US Senate

The U.S. Senate passed the GENIUS Act, establishing a framework for stablecoins, which are pegged to the U.S. dollar. Th... Read Summary

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Jun 17, 8:40 pm

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Coinbase Seeks SEC Approval for Trading Tokenized Stocks

Coinbase aims to introduce trading for tokenized equities pending SEC approval, as stated by the firm's chief legal offi... Read Summary

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Jun 17, 8:34 pm

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Publicly Traded Bitcoin Firm Fold Secures $250 Million for BTC Buys

Fold has announced an agreement to issue and sell $250 million in new shares to purchase more Bitcoin. The company will... Read Summary

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Jun 17, 8:18 pm

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Kraken's Ethereum Network Ink Plots Token Launch

The Ink Foundation, purportedly an independent entity distinct from Kraken, will introduce the INK token for Kraken's Et... Read Summary

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Jun 17, 6:55 pm

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Bitcoin, Solana and Dogecoin Dive as Trump Threatens Iran's Supreme Leader

Bitcoin and Ethereum experienced drops of nearly 4% and 6.5%, respectively, in the past 24 hours following President Don... Read Summary

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Jun 17, 6:19 pm

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JP Morgan Exec Concerned About Stablecoin Market 'Overcrowding'

Emma Lovett, an executive director at JPMorgan Chase, expressed concerns about the stablecoin market becoming overcrowde... Read Summary

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Jun 17, 6:03 pm

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Solana, Ethereum Meme Coins Are Crumbling: Analysis

Meme coin investors are facing significant losses as Pepe, SPX6900, and Fartcoin drop by double digits. Technical indica... Read Summary

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Jun 17, 3:50 pm

DL News

Uniswap Considers Much-Anticipated Fee Switch Proposal

The Uniswap DAO may vote on activating a fee switch this summer, potentially bundled with a proposal for incorporating t... Read Summary

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Jun 17, 5:07 pm

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UK Institutional Investors Eager to Buy Bitcoin, Ethereum ETFs If Approved: WisdomTree Exec

Institutional investors in the UK are gearing up to invest in crypto exchange-traded products, with WisdomTree receiving... Read Summary

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Jun 17, 4:41 pm

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Ethereum Network B3 Reveals Gaming PC With Self-Destruct Storage

B3, a layer-3 gaming protocol built on Ethereum network Base, acquired Andromeda Insights to expand into hardware, intro... Read Summary

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Jun 17, 4:24 pm

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Ethereum Sees Record Staking Amounts and Validator Numbers, Signaling Investor Confidence in the Network

A record amount of Ethereum, over 35 million, has been pledged for network validation, reaching 28.3% of circulating sup... Read Summary

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Jun 17, 12:36 pm

Coindesk

Ubyx, Backed by Galaxy Ventures and Others, Plans to Streamline Stablecoin Redemption for Multiple Issuers

Ubyx, a startup led by ex-Citigroup executive Tony McLaughlin, secured $10 million in funding to develop a global stable... Read Summary

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Jun 17, 1:00 pm

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Meme Coins Faced Heavy Losses Amid Geopolitical Tensions, Impacting the Broader Crypto Market and Altcoins

Meme coins like Pepe, Floki Inu, and dogwifhat suffered significant losses due to geopolitical tensions, with the meme c... Read Summary

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