Crypto Currency

Fugitive Chinese Billionaire Allied with Steve Bannon Agrees to Pay $539 Million Fine

DON EMMERTThe fugitive Chinese billionaire and Steve Bannon ally behind a pro-Trump social media network now owes owes hundreds of millions of dollars to the federal government, after a new settlement with the Securities and Exchange Commission.Companies owned by billionaire and aspiring media mogul Guo Wengui agreed to pay the SEC $539 million as part…

Published 5 years ago in
Fugitive Chinese Billionaire Allied with Steve Bannon Agrees to Pay $539 Million Fine

DON EMMERTThe fugitive Chinese billionaire and Steve Bannon ally behind a pro-Trump social media network now owes owes hundreds of millions of dollars to the federal government, after a new settlement with the Securities and Exchange Commission.Companies owned by billionaire and aspiring media mogul Guo Wengui agreed to pay the SEC $539 million as part of a settlement over illegal stock and cryptocurrency sales, the agency announced Monday. The agreement includes a condition preventing Wengui’s companies from selling future digital currencies.Lawyers for Wengui didn’t respond to an immediate request for comment.Read more at The Daily Beast.
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Crypto Currency

CLARITY Act Poll: 52% Support, 70% Say US Should Have Passed Crypto Legislation

Voters showed broad support for the CLARITY Act after Harrisx found 52% backed the crypto market structure bill after reviewing a policy summary of the proposal, while 11% opposed it. The survey also found 70% said the United States should already have passed clear cryptocurrency legislation…

Published 19 hours ago in
CLARITY Act Poll: 52% Support, 70% Say US Should Have Passed Crypto Legislation

Voters showed broad support for the CLARITY Act after Harrisx found 52% backed the crypto market structure bill after reviewing a policy summary of the proposal, while 11% opposed it. The survey also found 70% said the United States should already have passed clear cryptocurrency legislation…
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Crypto Currency

Trump Media reports $405.9m Q1 loss, almost entirely from crypto markdowns

Trump Media & Technology Group reported a $405.9 million net loss for the first quarter of 2026, the company said on Friday, almost all of it driven by unrealised losses on the cryptocurrency holdings it has spent the past nine months building. Operating cash flow was a positive $17.9 million…

Published 19 hours ago in
Trump Media reports $405.9m Q1 loss, almost entirely from crypto markdowns

Trump Media & Technology Group reported a $405.9 million net loss for the first quarter of 2026, the company said on Friday, almost all of it driven by unrealised losses on the cryptocurrency holdings it has spent the past nine months building. Operating cash flow was a positive $17.9 million…
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Crypto Currency

Bitcoin is at ‘pivotal level’ as $65K downside risk looms: Analyst

While Bitcoin is hovering around $73,000, a crypto trader says the current setup is “different from the previous breakdown in February.”…

Published 20 hours ago in

While Bitcoin is hovering around $73,000, a crypto trader says the current setup is “different from the previous breakdown in February.”…
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Crypto Currency

Grok Targets $145K as 13 AI Models Predict Bitcoin’s Price Path to Close 2026

Bitcoin slid to multi-week lows this week, dragged lower by record exchange-traded fund (ETF) redemptions and a broad pullback from risk assets. The price settled near $73,500 on Friday, down roughly 4% from where it opened the week above $77,000. To get a sense of where BTC might finish the year…

Published 20 hours ago in
Grok Targets $145K as 13 AI Models Predict Bitcoin’s Price Path to Close 2026

Bitcoin slid to multi-week lows this week, dragged lower by record exchange-traded fund (ETF) redemptions and a broad pullback from risk assets. The price settled near $73,500 on Friday, down roughly 4% from where it opened the week above $77,000. To get a sense of where BTC might finish the year…
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