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By Hannah Lang (Reuters) -Tensions on Capitol Hill over President Donald Trump’s various cryptocurrency ventures escalated on Tuesday and threatened to derail the digital asset sector’s hope of legislation by the end of this year as a top Democratic lawmaker stalled efforts to debate a bill. Although Congress had appeared likely earlier this year to pass legislation governing digital assets for the first time, Democrats have grown increasingly frustrated as Republican Trump and his family members have promoted their personal crypto projects. Representative Maxine Waters’ objection to a joint hearing scheduled for Tuesday effectively cancelled proceedings between the House Financial…

The recent bitcoin (BTC) price rally above $90,000 might have some holders eyeing a run to a new record topping the $109,000 hit in January. However, the path higher may not be so straightforward. The latest analysis by Glassnode shows potential for increased selling pressure from some groups of market participants at around $99,900. For a start, long-term holders — defined by Glassnode as wallets that have held coins for at least 155 days — may take profits at $99,900. This aligns with their historical behavior of selling at price levels that deliver roughly 350% paper gains. “Historically, LTHs begin…

US President Donald Trump signs executive orders relating to higher education institutions, alongside US Secretary of Education Linda McMahon (R), in the Oval Office of the White House in Washington, DC, on April 23, 2025. Saul Loeb | Afp | Getty ImagesThe Trump Administration resumed collection efforts on defaulted student loans Monday after a roughly five-year hiatus — and affected borrowers could begin feeling the financial consequences sooner than experts expected.The U.S. Department of Education released new details on what actions it plans to take, when.Here’s what to know.Federal benefits could be garnished by JuneWages at risk over the summerThe…

Figment, a major player in blockchain staking services, is actively looking to buy companies in a spree of crypto industry consolidation sparked by renewed optimism over U.S. regulatory clarity. The Toronto-based firm is targeting acquisitions between $100 million and $200 million, with a strong regional presence or within blockchain ecosystems, such as Cosmos and Solana, CEO Lorien Gabel told Bloomberg. He said the firm already has term sheets out for some deals, the report added. Figment helps institutions earn rewards by staking, whereby tokens are locked to help secure blockchain networks and validate transactions supported by networks. The company currently…

Florida has withdrawn two bills related to the creation of a state-level strategic bitcoin (BTC) reserve. House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from consideration,” according to the state Senate website. The two bills, which were both filed in February, sought to allow investment of public funds in BTC. Florida joins numerous other states, such as Wyoming, Pennsylvania and Oklahoma, which have seen bills related to BTC investments fail to clear the legislative process, according to Bitcoin Laws. There are a string of other states with outstanding bills, most of which remain in the…

Decentralized finance (DeFi) firms IntoTheBlock and Trident Digital have merged to form Sentora, joining forces to bring institutional investors onchain. The new company, helmed by Anthony DeMartino, co-founder of Trident and former head of risk strategies at Coinbase (COIN), is also on track to close a $25 million founding round with New Form Capital leading the investment. Ripple, Tribe Capital, UDHC, Joint Effects also participated in the fundraising round, with further backing from strategic ecosystem investors including Curved Ventures, Flare and Bankai Ventures. While most investors have already closed the investment, two firms will close the process by June, the…

On the heels of a stronger-than-expected jobs report and elevated inflation readings, the Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting this week — despite pressure from President Donald Trump.”Consumers have been waiting for years to see pricing come down. NO INFLATION, THE FED SHOULD LOWER ITS RATE!!!” Trump said in a Truth Social post Friday.As an independent agency, the central bank has always operated autonomously from the White House. Federal Reserve Chair Jerome Powell has repeatedly said that monetary policy decisions are completely separate from politics. At the same time, the president’s new trade policies are…

New York CNN  —  A few months ago, the words “bonded warehouse” and “harmonized system codes” might not have been on the minds of many American business owners. Now they’re in a massive spotlight. After President Donald Trump slapped a whopping 145% minimum tariff on most goods coming from China, 25% tariffs on cars, auto parts, aluminum and steel and a 10% tariff on almost every country’s imports, US businesses are desperate for ways to lower their import costs. Two popular — and legal — strategies involve those bonded warehouses to defer tariffs and harmonized system codes to qualify for…

Student loans have become a massive burden for millions of Americans. As of 2024, nearly 43 million borrowers owe a total of $1.77 trillion in student loans, with the majority being federal loans. Be Aware: Coinbase Fees: Full Breakdown of How To Minimize Costs Try This: The New Retirement Problem Boomers Are Facing While traditional methods of repaying student loans involve using your income to make monthly payments, you can also use crypto to tackle debt. Here are two ways to pay down student loan debt with crypto. Next, find out how you can pay your bills with cryptocurrency. DeFi,…

People line up at departures gates in Los Angeles International Airport.Daniel Slim | Afp | Getty ImagesEven though inflation hasn’t yet declined to policymakers’ target level, some pockets of the U.S. economy have seen prices fall recently.Consumers have seen prices deflate for airfare, produce, household goods, electronics and gasoline, for example, according to the consumer price index, an inflation gauge. (Deflation is when prices decline, while disinflation is when prices continue to grow but at a slower pace.)”There are a lot of idiosyncratic factors affecting certain categories,” said Ryan Sweet, chief U.S. economist at Oxford Economics. “In the end, it’s…