Senators Call for Federal Investigation Into Trump-Linked Crypto Firm Over Token Sales Connected to North Korea and Russia

Two U.S. senators are urging federal authorities to investigate a cryptocurrency company with deep ties to the family of President Donald Trump, citing concerns that the firm may have enabled transactions involving sanctioned or hostile foreign actors.

In a letter sent Tuesday to Attorney General Pamela Bondi and Treasury Secretary Scott Bessent, Senators Elizabeth Warren (D-Mass.) and Jack Reed (D-R.I.) — both senior members of the Senate Banking Committee — warned that the company, World Liberty Financial, could pose national security risks.

The firm is heavily owned and operated by members of the Trump family.

The senators argued that World Liberty Financial lacks adequate safeguards to prevent illicit actors from exploiting the platform, moving funds covertly, or influencing the company’s governance structure.

*This is not financial advice.

Many

cryptocurrencies struggle to justify their long-term value.

For a large portion of the market, speculative traders drive most of the demand — which is why so many tokens experience extreme volatility and fail to retain their gains.

XRP (Ripple) is one of the few exceptions.

Unlike purely speculative assets, XRP was created with a clear and practical purpose: it acts as a bridge currency within the Ripple Payments network, enabling banks and financial institutions to move money across borders instantly and at far lower costs than traditional systems.

Ripple’s Five-Year Battle With the SEC Finally Ends

For years, XRP’s biggest obstacle wasn’t adoption — it was regulation.

In 2020, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit accusing Ripple of violating securities laws.

The case dragged on for nearly five years, weighing heavily on XRP’s price and shaking investor confidence.

*This is not financial advice.

Grayscale’s LINK Holdings Hit a New High in November Despite Chainlink’s Price Slump

Chainlink (LINK) spent most of November under pressure, with bearish sentiment dragging the token down nearly 50% from its quarterly peak.

Despite the sharp decline, major institutional players — including Grayscale Investments — and a number of analysts remain firmly bullish on LINK’s long-term trajectory.

The recent drop has pushed Chainlink back toward one of its most important support zones of the past two years — a level that many traders view as a potential opportunity zone.

Grayscale Expands Its LINK Holdings as Institutional Interest Grows

Grayscale, one of the largest digital asset investment firms, recently published an upbeat research report outlining why LINK may be poised for major long-term growth.

This is not any financial advice.

A recent cybersecurity breach at mortgage technology provider SitusAMC may have exposed client data tied to several major U.S. banks, including JPMorgan, Citi, and Morgan Stanley.

The company confirmed that an unauthorized actor gained access to its systems and extracted sensitive information affecting multiple financial institutions.

According to SitusAMC, the compromised data included items such as accounting records, legal documents, and certain information connected to customers of its clients.

The full extent of the incident is still being reviewed as investigators work to determine the scope and nature of the breach.

The situation sparked commentary from Ethereum co-founder Vitalik Buterin, who weighed in on the broader issue of digital privacy.

This is not any financial advice.

The proposed Clarity Act could reshape how crypto users earn passive income, according to Joe Vollono, chief commercial officer at stablecoin infrastructure firm STBL.

A major focus is Section 404 of the legislation, which would prevent Digital Asset Service Providers (DASPs) and related companies from offering yield simply for holding digital assets.

If implemented, the rule may push the crypto industry away from traditional hold-to-earn models and toward more active, regulation-friendly yield strategies.

Some analysts believe this could open the door to a new yield-as-a-service market, where returns are generated through structured financial services rather than passive token holding.

This is not any financial advice.

Nexo’s Bitcoin Holders Remain Steady Despite Market Volatility

Nexo’s market-value-to-realized-value (MVRV) ratio has remained stable at 1.16, even as Bitcoin experienced notable price fluctuations in recent trading sessions.

According to on-chain data shared by CryptoQuant, large Bitcoin holders on the crypto lending platform do not appear to be rushing to sell their positions.

The MVRV metric compares the current market value of Bitcoin holdings against their aggregate cost basis, helping analysts assess investor profitability and sentiment.

A reading above 1 indicates that the average holder remains in profit. However, the most notable aspect of the latest data is the indicator’s stability.

Despite increased market volatility, the ratio has shown little movement, suggesting that many investors continue to hold their assets rather than take profits.


This is not any financial advice.

U.S. Spot Bitcoin ETFs Record Historic Outflow Streak as Investor Sentiment Cools

U.S. spot Bitcoin exchange-traded funds (ETFs) have experienced their longest period of sustained withdrawals since launching, highlighting a notable shift in investor sentiment toward the digital asset market.

Over nine consecutive trading sessions in late May 2026, investors reportedly withdrew approximately $2.8 billion from Bitcoin ETFs, with cumulative outflows approaching $3 billion at their peak.

The trend marked one of the most significant capital exits the sector has seen to date.

Among the affected funds, BlackRock's iShares Bitcoin Trust accounted for the largest share of withdrawals.

The fund reportedly saw around $2.04 billion in net outflows during the period, including a single-day withdrawal exceeding $527 million, one of the largest daily outflow events in its history.

This is not any financial advice.

📉 Investment advisor Ross Gerber criticized Michael Saylor after reports revealed that Strategy Inc. sold 32 BTC worth around $2.5 million

Gerber called the move a rug pull, pointing out that Saylor had previously stated he would never sell Bitcoin.

Although the sale represents only a very small portion of Strategy’s estimated $54 billion Bitcoin holdings, it has drawn attention because it marks the company’s first Bitcoin sale since late 2022.

The crypto community remains divided, with some viewing the move as routine portfolio management while others question its market impact.

⚠️ This is not any financial advice.

Coinbase and Better Close First Fannie Mae-Backed Mortgage Using Bitcoin Collateral

A major milestone for crypto adoption in real estate has officially arrived.

A couple in Ann Arbor, Michigan reportedly purchased a home using Bitcoin as collateral for a Fannie Mae-backed mortgage — without selling their BTC holdings.

The mortgage was funded through a partnership between Coinbase and Better Home & Finance Holding Co. on June 4, marking the first known conforming home loan structured with Bitcoin-backed collateral support tied to a government-sponsored enterprise.

Supporters say the move could open new opportunities for crypto holders looking to access traditional financial services while keeping long-term exposure to digital assets.

The development also highlights the growing connection between cryptocurrency and mainstream housing finance in the United States.

This is not any financial advice.

XRP continues to trade inside a downward price channel despite recent recovery attempts across the crypto market.

Analysts say the current movement may signal a possible bottoming phase, but the overall trend has not yet confirmed a bullish breakout.

Key resistance levels remain critical for XRP to regain stronger momentum, while support zones are being closely watched by traders for potential stability.

Market analysts note that a clear breakout above the channel could shift sentiment, but caution still dominates the short-term outlook.

As always, crypto markets remain highly volatile and investors are advised to monitor price action carefully before making decisions.

This is not any financial advice