The post Treasury and Commerce Are Fighting Over Who Gets to Run America’s Bitcoin Reserve appeared on BitcoinEthereumNews.com.
More than 16 months after President Donald Trump signed the […] More than 16 months after President Donald Trump signed the executive order creating a U.S. Strategic Bitcoin Reserve, the government still hasn’t decided who is allowed to run it. The Treasury and Commerce departments are now in open competition for control of the reserve, according to a Bloomberg report published Monday and citing people familiar with the internal discussions. At issue isn’t just bureaucratic turf. It’s a live legal question: whether Treasury actually has the statutory authority to hold and manage an asset as volatile as bitcoin on the government’s balance sheet at all. That question wasn’t supposed to still be open. Trump’s Executive Order 14233, signed March 6, 2025, was explicit: the Treasury secretary would establish an office to administer the reserve, capitalized entirely
The post Trump seeks Balogun ban review as Polymarket puts Ronaldo tears at 16.5% appeared on BitcoinEthereumNews.com.
Jessie A Ellis
Jul 07, 2026 10:03
On Wednesday, Donald Trump said he called FIFA president Gianni Infantino to seek a review of Folarin Balogun’s red-card ban before the U.S. plays Belgium.
Trump seeks Balogun ban review as Polymarket puts Ronaldo tears at 16.5% UEFA Slams FIFA After Trump–Infantino Call on Balogun Ban, Pushing “Ronaldo Cry” Yes Odds Up to 16.5% UEFA criticized FIFA over the handling of Folarin Balogun’s red-card suspension after U.S. President Donald Trump said he spoke with FIFA president Gianni Infantino about reviewing the ban. The dispute has landed alongside the Polymarket contract “Will Ronaldo Cry at the World Cup?”, where the implied “Yes” odds ticked up to 16.5%. Key Takeaways Polymarket prices “No” at 83.5% and “Yes” at 16.5% for “Will Ronaldo Cry at the World Cup?”. The “Yes” price rose 2.0 percentage points as World Cup g
The post Someone Stole $21M From BonkDAO Without Hacking Anything appeared on BitcoinEthereumNews.com.
An attacker has stolen $21.2 million from the BonkDAO treasury without hacking anything. He purchased BONK tokens for $4.4 million, proposed via the governance forum that nobody checked for seven days. He voted yes for the proposal with his own tokens, and watched the funds move to his wallet automatically. Once executed, it was irreversible. In a few hours, BONK price has dropped approximately 6.59% with 955.47 billion volume. The token went from a high near 0.00000490 to 0.00000417 as the news spread. Market cap lost approximately $40 million and some exchanges halted BONK withdrawals. BONK price has dropped approximately 6.59% Details of the BonkDAO Steal The proposed name for the project was BIP #76, Sowellian BonkDAO. It talked about governance improvements, asset monetization, and rebuilding the token, but it didn’t explain what this meant in concrete terms. The transaction con
The post Trump Says U.S. Will Lift Turkey Sanctions, ‘Consider’ Selling Them F-35s— That’s A Bad Idea: Expert appeared on BitcoinEthereumNews.com.
While in a bilateral meeting with Turkish President Recep Tayyip Erdogan, President Donald Trump announced the U.S. will lift sanctions on Turkey and that he is “certainly” considering selling them F-35 jets, despite the country being banned from that fighter jet program in 2019 because they bought a Russian air defense system. Dr. Sinan Ciddi, director of the Turkey program at FDD, joined “Forbes Newsroom” to discuss the announcement and its implications. Watch the full interview above. Source: https://www.forbes.com/sites/forbestv/2026/07/07/trump-says-us-will-lift-turkey-sanctions-consider-selling-them-f-35s–thats-a-bad-idea-expert/
The post ‘Semi-Shock’: Bloomberg Analyst Stunned by Vanguard’s Crypto Move appeared on BitcoinEthereumNews.com.
Vanguard, the $10 trillion asset management behemoth, has shocked some analysts with its most cryptocurrency-related move. According to a new executive job posting, the traditionally conservative firm is seeking its first-ever Head of Digital Assets for Personal Wealth. The revelation caught the attention of prominent industry observers, including Bloomberg Senior ETF Analyst Eric Balchunas. The latter claims that he experienced “semi-shock” after reading the news since he thought that the financial titan would stop with simply allowing cryptocurrency ETFs on its platform. Ripple Exec: Washington Can’t Ignore Crypto Dogecoin (DOGE) Uptrend Attempt Is Fuelless, XRP Paints Severe RSI Divergence, Bitcoin (BTC) Recovery Rally Is Premature: Crypto Market Review The successful candidate will be responsible for developing a “multi-year digital assets roadmap” for the massive asse
The post Bonk Price Slides After $20M DAO Attack Hits Solana Memecoin appeared on BitcoinEthereumNews.com.
Key Insights Bonk Price dropped after a DAO treasury attack. BonkDAO blamed a malicious governance proposal. Bonk crypto faced pressure as memecoin demand weakened. Bonk Price fell after BonkDAO reported that an unknown entity drained treasury tokens through governance. The attack hit the Solana-based memecoin project and forced the team to contact law enforcement. The move added pressure on bonk crypto during a weak period for memecoins. Traders reacted because the exploit targeted governance, not only wallet or exchange security. Bonk Price Reacts To Treasury Drain Bonk Inu said on X that BonkDAO detected a malicious governance proposal behind the treasury loss. The project said it worked with law enforcement to recover funds and identify responsible parties. Source: Bonk Inu CoinMarketCap data showed BONK traded near $0.000004 after dropping 7.89% over the past 24 hours. The mo
The Fed's hawkish stance could lead to increased Treasury yields, impacting risk assets like Bitcoin and altering market rate expectations.
The post Fed minutes set to reveal hawkish surprise that could rattle crypto markets appeared first on Crypto Briefing.
The post New Zealand Dollar weakens amid firm US Dollar, RBNZ eyed appeared on BitcoinEthereumNews.com.
NZD/USD trades around 0.5685 at the time of writing on Tuesday, down 0.26% on the day. The pair remains under pressure as the US Dollar (USD) attracts renewed demand following fresh geopolitical tensions in the Middle East, while investors await the Reserve Bank of New Zealand’s (RBNZ) monetary policy decision. According to Bloomberg, citing a US official, Iran fired at least two missiles at commercial vessels transiting the Strait of Hormuz late Monday. Two ships sustained significant damage without any reported casualties, while the UK Maritime Trade Operations also confirmed that a tanker was struck by an unidentified projectile. The escalation in tensions has supported safe-haven flows and strengthened the US Dollar. Meanwhile, expectations for Federal Reserve (Fed) monetary policy continue to evolve following the recent slowdown in the US labor market. Investors now expect the F
