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The investment enables participation in Kinto’s mining program, which rewards asset deposits on the chain with token emission.

Donald Trump has leaned into his unofficial role as the “ crypto president ” in ways that can both help the crypto industry and enrich himself and his family. Once a skeptic of cryptocurrencies, Trump has made a complete reversal and embraced digital currencies in a way no other elected official has done. The cryptocurrency industry, which spent heavily to help Trump win last year’s election, has expressed mixed feelings about some of his crypto ventures.

When the Trump administration’s crypto czar, David Sacks, recently held a news conference to announce a new congressional working group to advance cryptocurrency regulation, many digital asset enthusiasts were unimpressed and underwhelmed. “There were a lot of people on X who felt like this wasn’t, you know, a mind-blowing announcement,” Sacks said on a podcast a few days later, referring to the social media outlet formerly known as Twitter. “Time is critical,” Ji Hun Kim, president and acting CEO at the Crypto Council for Innovation said at a recent House committee hearing titled: “A Golden Age of Digital Assets: Charting a Path Forward.”

Bitcoin's lackluster price action may receive a jolt from this week's macroeconomic calendar.

Crypto markets fell with XRP and SOL leading declines among major cryptocurrencies.

These companies grew their share of the Bitcoin network to about 29% in January from around 20% a year ago, the report said.

Web3 tech leaders differ from Web2 disruptors by prioritizing decentralization, ideology, and community governance, but power struggles persist - in this article we examine the differences