Crypto Weekly Roundup: BlackRock IBIT Mints Profit, Trump’s Multi-Million Crypto Holdings, & More
The post Crypto Weekly Roundup: BlackRock IBIT Mints Profit, Trump’s Multi-Million Crypto Holdings, & More appeared on BitcoinEthereumNews.com. This week, a report disclosed that the Trump family’s crypto holdings crossed $620 million amid a $220 million Bitcoin mining raise. Regulatory activity intensified with U.S. lawmakers announcing an upcoming “Crypto Week” and Ripple settling its long-running SEC dispute. On the other hand, FTX is struggling with repayments in 49 regions, including China, which has a pretty strict crypto ban. Let’s find out more. DeFi Graphite Network’s Phonebook MVP is a practical, real-world application of decentralized tech built to introduce transparency and reputation scoring to phone numbers. Business Stablecoin issuer Circle has formally applied to establish a federally regulated national trust bank in the United States, a move aimed at enhancing oversight of its USDC stablecoin reserves and aligning with evolving regulatory frameworks for digital assets. BlackRock’s flagship spot Bitcoin ETF, IBIT, has become the asset manager’s third-highest revenue-generating fund, sitting only behind the iShares Russell 1000 Growth ETF and the iShares MSCI EAFE ETF. The FTX Recovery Trust has suspended repayments to creditors in 49 regions where cryptocurrency operations face legal restrictions, with Chinese users accounting for the majority of the disputed claims. Fresh disclosures reveal the Trump family’s cryptocurrency holdings have swelled to over $620 million, with memecoins, token sales, and blockchain ventures rapidly becoming one of the most lucrative segments of their portfolio. Trump-affiliated American Bitcoin has raised $220 million to upgrade its mining infrastructure, expand its Bitcoin treasury, and advance plans for a public listing amid growing institutional interest in cryptocurrency mining. Germany’s largest banking group, Sparkassen-Finanzgruppe, will introduce cryptocurrency trading by mid-2026, integrating the service into its flagship banking app while maintaining a cautious stance on digital assets. Web3 Cronos has joined the sub-second blockchain club, rolling out a key upgrade that reduces its block confirmation times by ten times. SCOR on Sweet, a growing…
The post Crypto Weekly Roundup: BlackRock IBIT Mints Profit, Trump’s Multi-Million Crypto Holdings, & More appeared on BitcoinEthereumNews.com.
This week, a report disclosed that the Trump family’s crypto holdings crossed $620 million amid a $220 million Bitcoin mining raise. Regulatory activity intensified with U.S. lawmakers announcing an upcoming “Crypto Week” and Ripple settling its long-running SEC dispute. On the other hand, FTX is struggling with repayments in 49 regions, including China, which has a pretty strict crypto ban. Let’s find out more. DeFi Graphite Network’s Phonebook MVP is a practical, real-world application of decentralized tech built to introduce transparency and reputation scoring to phone numbers. Business Stablecoin issuer Circle has formally applied to establish a federally regulated national trust bank in the United States, a move aimed at enhancing oversight of its USDC stablecoin reserves and aligning with evolving regulatory frameworks for digital assets. BlackRock’s flagship spot Bitcoin ETF, IBIT, has become the asset manager’s third-highest revenue-generating fund, sitting only behind the iShares Russell 1000 Growth ETF and the iShares MSCI EAFE ETF. The FTX Recovery Trust has suspended repayments to creditors in 49 regions where cryptocurrency operations face legal restrictions, with Chinese users accounting for the majority of the disputed claims. Fresh disclosures reveal the Trump family’s cryptocurrency holdings have swelled to over $620 million, with memecoins, token sales, and blockchain ventures rapidly becoming one of the most lucrative segments of their portfolio. Trump-affiliated American Bitcoin has raised $220 million to upgrade its mining infrastructure, expand its Bitcoin treasury, and advance plans for a public listing amid growing institutional interest in cryptocurrency mining. Germany’s largest banking group, Sparkassen-Finanzgruppe, will introduce cryptocurrency trading by mid-2026, integrating the service into its flagship banking app while maintaining a cautious stance on digital assets. Web3 Cronos has joined the sub-second blockchain club, rolling out a key upgrade that reduces its block confirmation times by ten times. SCOR on Sweet, a growing…
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