President Trump's Solana Meme Coin Just Skyrocketed—Here's Why

Leopold Aschenbrenner, a 24-year-old hedge fund manager, has invested nearly 20% of his $5.5 billion fund in Bitcoin miners. His focus, however, lies in the infrastructure and power grids for AI, signaling a shift in the sector's valuation towards energy assets.

ZeroHash has applied for a national trust bank charter with the OCC to offer specialized digital asset services, including custody, staking, trade execution, and stablecoin management. The OCC's list of digital assets licensing applications has grown, with firms like Morgan Stanley Digital Trust and Revolut seeking banking charters.

Russian lawyers find it challenging to prove ownership and determine the value of crypto assets in divorce cases. Courts have rejected cases due to lack of evidence, prompting a lawmaker to propose a solution in October.

Spar supermarkets in Switzerland now accept Cardano's ADA token for payments through DFX.swiss' Open Crypto Pay platform, allowing customers to pay in ADA at 137 stores. The integration aims to facilitate real-time, low-cost retail transactions using native ADA wallets.

Bitcoin's recent surge to nearly $74,000 has sparked optimism among predictors, who now anticipate a potential rise to $84,000 before a drop to $55,000. Ethereum, on the other hand, faces short-term bearish predictions despite a recent rally to around $2,200.

Moscow is accelerating its crypto pivot, with the Ministry of Finance considering a separate stablecoin bill. Stablecoins have no legal status under Russian law, but the government aims to regulate them soon.

John Daghita, son of a federal contractor, was arrested for allegedly stealing $46 million in crypto from the U.S. Marshals Service. The arrest followed an investigation by the FBI and French military unit, prompted by ZachXBT's exposure of the theft in January.

Core Scientific has secured up to $1 billion in financing from Morgan Stanley, with an initial agreement allowing borrowing of $500 million. The company plans to transition away from Bitcoin mining to focus on high-density colocation, aiming to expedite project timelines and expand its physical footprint.

South Korean tax officials mistakenly leaked a seed phrase, resulting in the theft of nearly $5 million worth of crypto. The original thief returned the stolen funds out of curiosity, but a second thief stole them again.

Ripple CEO Brad Garlinghouse advocates for the Clarity Act, which would shift crypto industry oversight to the CFTC. President Trump supports crypto firms in the ongoing clash with banking associations over stablecoin legislation.