Bitcoin24h $85,532.60-0.53%

Ethereum24h $2,721.00-0.83%

BNB24h $781.62-0.63%

XRP24h $1.58+3.11%

Solana24h $116.80-0.26%

TRON24h $0.3429-0.95%

Zcash24h $1,636.81+8.15%

Hyperliquid24h $95.52+0.23%

Dogecoin24h $0.0993+1.20%

Monero24h $561.33-1.42%

Trump-affiliated USD1 has $0 in excess reserves

The report by BitGo notes that all of USD1’s reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.

Bitcoin can’t keep up with NASDAQ amid ongoing Iran-Israel conflict

Crypto investors often look to BTC as a safe haven asset, but its price performance during times of conflict is disappointing.

Within one minute of a pre-market announcement, SRM rallied from $1.70 to $2.25 per share. Just an hour later, it hit $6.70.

Apologists for Coinbase’s military parade sponsorship were called “tone-deaf” and “nation-state bootlickers” for excusing it as “apolitical.”

It’s okay for Coinbase to sponsor an authoritarian birthday parade, but it’s not okay for a Coinbase employee to describe it as such.