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Trump lands in Senate's crosshairs over $500 million UAE investment in his crypto ventureHTX Creation Challenge — Post and Win 1,500U 💥World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share

Trump lands in Senate's crosshairs over $500 million UAE investment in his crypto venture

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Senate Democrats called for immediate hearings into UAE officials' huge investments in President Donald Trump's family crypto venture, World Liberty Financial, and subsequent decisions by the Trump administration that seemingly favored the Gulf country, in a letter dated June 23.

Senators Elizabeth Warren, Richard Blumenthal, Gary Peters, Richard Durbin, and Ron Wyden requested that multiple Senate committees hold hearings on a deal in which lieutenants to an Abu Dhabi royal signed a deal with the Trump family to purchase a 49% stake in World Liberty Financial for half a billion dollars.

The deal closed four days before President Trump's inauguration last year, the letter said, adding that as part of the agreement, foreign buyers reportedly paid $218 million upfront to entities tied to the Trump family and Steve Witkoff, President Trump's lead diplomat for the Middle East and Russia.

Trump lands in Senate's crosshairs over $500 milli

World Cup Predictions: 100,000 USDT DailyTradFi Trading Strategies Sharing ChallengeHTX Creation Challenge — Post and Win 1,500U 💥South Korea deepens CBDC push – All about the new phase of ‘Project Ha

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South Korea deepens CBDC push – All about the new phase of ‘Project Hangang’South Korea’s CBDC initiative, Project Hangang, is set to advance to a more advanced stage. According to a recent report from ETNews Korean Edition, the country’s existing mobile banking and account infrastructure is being integrated with the digital currency system.

The plan calls for participating banks to issue deposit tokens that are secured by a Bank of Korea’s wholesale CBDC.

Instead of directly holding the digital currency issued by the central bank, customers will use these deposit tokens through e-wallets integrated into their banking applications.

Details of South Korea’s new CBDC phase
In the new phase of the South Korean CBDC project, commercial banks will build the infrastructure required to integrate digital currency into their existing banking systems, moving beyond simple payment trials.

This includes developing digital voucher systems, e-wallets, and blockchain-based platforms that can be directly integrated with accounting, interest calculations, transfers, withdrawals, and other crucial banking functions.

Nevertheless, the program does not yet represent a national CBDC rollout. Instead, it is still a limited real-world experiment in which commercial banks test the use of deposit tokens backed by the central bank’s CBDC.

This is usually done among particular participants and locations, laying the groundwork for broader adoption in the future.For those unaware, during the first phase, the Bank of Korea provided wholesale CBDCs to participating banks. During that period, these banks issued deposit tokens to clients through e-wallets they supplied for limited payment trials.

Therefore, by allowing those tokenized deposits to work with traditional banking operations, the new phase expands on this. Additionally, it also creates a framew

South Korea deepens CBDC push – All about the new

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World Cup Predictions: 100,000 USDT Daily2026 World Cup Posting Challenge on HTX SquareHTXCommunity4thAnniversaryBitcoinWorldRate Spread Pressure Weighs on EUR/ USD, Danske Bank Analysts Say Danske Ba

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BitcoinWorldRate Spread Pressure Weighs on EUR/ USD, Danske Bank Analysts Say

Danske Bank has issued a note highlighting that the euro continues to face headwinds against the U.S. dollar, driven primarily by the widening interest rate differential between the European Central Bank and the Federal Reserve. The analysis points to sustained pressure on the EUR/USD currency pair as long as the rate spread remains unfavorable for the single currency.

What Is Driving the Rate Spread?

The core of Danske Bank's argument rests on the divergence in monetary policy. The Federal Reserve has maintained a higher interest rate environment compared to the European Central Bank, making dollar-denominated assets more attractive to yield-seeking investors. This rate differential directly impacts the foreign exchange market, as capital flows shift toward currencies offering higher returns.

Danske Bank's strategists note that until the ECB signals a more aggressive tightening path or the Fed begins to cut rates, the structural advantage will likely remain with the dollar. The report suggests that the current spread is not yet priced in fully by the market, leaving room for further euro depreciation.

Market Implications for Traders and Investors

For forex traders, the analysis implies a continued bearish outlook on the euro in the near term. The rate spread pressure is not just a theoretical concept but a tangible force that has historically correlated with EUR/USD declines. Investors holding euro-denominated assets may need to hedge against further weakness

BitcoinWorldRate Spread Pressure Weighs on EUR/ US

World Cup Predictions: 100,000 USDT Daily2026 World Cup Posting Challenge on HTX SquareHTXCommunity4thAnniversaryWhen Will Bitcoin Start Rallying and Will it Hit Zero Before Comeback?Bitcoin is down m

When Will Bitcoin Start Rallying and Will it Hit Zero Before Comeback?Bitcoin is down more than 50% from its all-time high. Miners are shutting off machines. Capital that spent years flowing into crypto is chasing Al stocks instead. And the question being asked across every corner of the market right now is the same one it always is at moments like this: is it ever going to end?

Where Did All the Money Go

For anyone confused about why Bitcoin has been bleeding while the stock market printed record highs, Michael Saylor laid it out in a recent interview. The Al industry is currently trying to raise approximately $500 billion to power data centres, and that capital has to come from somewhere. A portion of it, he said, is coming directly from Bitcoin.

"They're creating a suction and they're sucking capital out of every other asset class," Saylor said. "One or two percent of that capital is coming from Bitcoin."

His view is that this rotation is temporary by nature. Once the Al deals close and lockup periods expire, the traders and hedge funds who got in early will rotate profits back into other assets including Bitcoin. He estimates a 12 to 24 week cycle before that reversal becomes visible, pointing to the end of 2026 as the window where things start to shift.

What the Data Is Saying

When Will Bitcoin Start Rallying and Will it Hit Z

KNC community mood is bullish but engagement is low, with talk centered on KyberSwap’s DeFi swap/liquidity utility and cross-chain routing. On May 26, KyberSwap brought back liquidity mining with 200,

On June 24, SK Hynix announced plans to raise up to 45 trillion Korean won (approximately $29 billion) through an American Depositary Receipt (ADR) listing, which is set to launch in July. The proceed

SK Hynix Plans to Raise Approximately $29 Billion Through ADR Listing

#micronhitsrecordhigh Micron Technology reached a record high as investor enthusiasm surrounding artificial intelligence and advanced semiconductor demand continued to drive the stock higher. The memo

Polymesh said on June 23, 2026, that v8 is targeted for Testnet on June 24 and Mainnet on July 22. The upgrade introduces self-registered DIDs, simpler asset transfers, expanded account-based ownershi

Polymesh sets v8 testnet and mainnet upgrade dates

DOJ strikes at Huione Group infrastructure in bid to choke billions in crypto fraud flowsOn June 23, the U.S. Department of Justice seized a cloud computing account used to power backend systems tied 

DOJ strikes at Huione Group infrastructure in bid to choke billions in crypto fraud flowsOn June 23, the U.S. Department of Justice seized a cloud computing account used to power backend systems tied to Cambodia’s Huione Group, escalating a global push to disrupt crypto-enabled fraud laundering networks operating across messaging platforms and blockchain rails.
The move targeted infrastructure supporting Huione Guarantee, a Telegram-based marketplace alleged by U.S. authorities to have functioned as an escrow hub for laundering illicit cryptocurrency proceeds alongside trade in stolen financial data and other criminal services, according to DOJ filings.

The seizure comes amid rising cybercrime losses. U.S. victims reported $7.2 billion in cryptocurrency investment fraud in 2025, according to FBI Internet Crime Complaint Center data, within total cybercrime losses of $21 billion for the year.

The DOJ said blockchain intelligence firms Chainalysis and Elliptic, working with Google’s CyberCrime Investigation Team, assisted in the investigation.

DOJ hits Huione’s technical backboneHuione Guarantee, also known as Haowang Guarantee, is a Telegram-operated marketplace alleged to have provided escrow services for crypto laundering, stolen financial data, identity credentials, and other criminal services, according to U.S. court documents and DOJ statements.

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DOJ strikes at Huione Group infrastructure in bid

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