USA | ForkLog - Part 23

ForkLog 28 06.05.2025

Alex Mashinsky’s Lawyers Seek to Reduce Prison Sentence to One Year

The defense team for Celsius founder Alex Mashinsky has requested the court to limit his prison sentence to one year, rejecting the U.S. Department of Justice’s recommendation of a 20-year term. The lawyers described the prosecution’s demands as a “death sentence” for the 59-year-old entrepreneur. In December 2024, Mashinsky pleaded guilty to commodities fraud and […]

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ForkLog 42 06.05.2025

Florida Withdraws Bitcoin Reserve Bills from Consideration

Authorities in the state of Florida, USA, have halted the consideration of two bills that would have allowed the investment of state funds in Bitcoin. ?? State Reserve Race Update: Both Florida’s Bitcoin Reserve Bills have failed. The legislature adjourned its 2025 session on May 2, without passage of the bills. HB 487 and SB […]

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ForkLog 25 06.05.2025

Trump to Host Two Crypto Investor Dinners in May

U.S. President Donald Trump is set to host two cryptocurrency events in May: one for affluent political sponsors and another for TRUMP meme coin holders, according to CNBC. The “Dinner for Innovators in Cryptocurrency and Artificial Intelligence,” priced at $1.5 million per seat, took place on May 5 with the participation of David Sacks, Trump’s […]

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ForkLog 28 04.05.2025

Arthur Hayes: US Unlikely to Acquire Bitcoin Due to Debt and Political Risks

The United States is unlikely to actively increase its reserves in the leading cryptocurrency, suggested BitMEX co-founder Arthur Hayes.

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ForkLog 20 04.05.2025

Arizona’s Attempt to Establish a Bitcoin Reserve Fails

Arizona Governor Katie Hobbs vetoed a bill that would have allowed the state treasurer and pension funds to invest up to 10% of their assets in virtual currencies such as Bitcoin.

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ForkLog 25 03.05.2025

Two Key IRS Crypto Tax Architects Depart Over DOGE

Leading digital asset specialists at the U.S. Internal Revenue Service (IRS), Seth Wilks and Raj Mukherjee, are set to leave the agency following an offer of “deferred resignation” from DOGE. This was reported by CoinDesk. According to informed sources, Wilks and Mukherjee will formally remain IRS employees for several more months. However, as of May […]

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ForkLog 29 02.05.2025

US Economic Slowdown Seen as Boon for Cryptocurrencies, Says Expert

The easing of inflation concerns in the United States and hopes for a rate cut by the Fed are positive factors for cryptocurrencies. This conclusion was shared by BRN’s leading analyst Valentin Fournier in a comment for The Block. “As inflation approaches the Fed’s target of 2%, expectations for multiple rate cuts are strengthening. This […]

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ForkLog 91 02.05.2025

CIA Deputy Director Describes Bitcoin as a Tool Against China

CIA employs Bitcoin and cryptocurrencies as a tool against China and other geopolitical adversaries of the United States. This was stated by the agency’s Deputy Director, Michael Ellis, in a podcast with Anthony Pompliano, founder of Pomp Investments. According to him, digital assets have become an area of technological competition between the US and China, […]

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ForkLog 42 02.05.2025

Tether to Launch US Stablecoin in Early 2026

Tether’s initiative to release a new American stablecoin could be realized by early 2026, stated the company’s head, Paolo Ardoino, in an interview with CNBC. “The American stablecoin will differ from the international one. This depends on the timing of the final legislation, but we are aiming for a [launch] by the end of the […]

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ForkLog 69 02.05.2025

US Moves to Disconnect Fraudulent Huione Platform from Banking System

FinCEN has proposed disconnecting the Cambodia-based platform Huione Group from the American financial system. The regulator accused the company of laundering $4 billion, including funds linked to the North Korean hacker group Lazarus. According to the statement, Huione Group and its subsidiaries will lose access to correspondent accounts in the US. This will hinder the […]

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ForkLog 26 01.05.2025

Eric Trump Predicts Cryptocurrency Will Eclipse Major Banks

Eric Trump, son of the U.S. President, predicted at the Token2049 conference that major banks will decline due to cryptocurrencies. This was reported by The Block. “Modern finance is broken,” Trump emphasized during a discussion with TRON founder Justin Sun and World Liberty Financial (WLF) co-founder Zach Witkoff. He mentioned the past persecution of the […]

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ForkLog 34 01.05.2025

Bitwise CIO Predicts Record Inflows into Bitcoin ETFs

Major US brokers Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS are expected to offer bitcoin ETFs to all client categories by the end of 2025, according to Bitwise’s Chief Investment Officer Matt Hougan. He believes this move will drive unprecedented inflows into BTC ETFs, despite a weaker performance compared to the same period last […]

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