The Trump administration is close to a trade deal with Taiwan that would lower American tariffs on goods from the self-governed island and significantly expand Taiwan Semiconductor Manufacturing Co.'s planned investment in chip production on US soil. US President Trump announced that he is imposing a 25% tariff on goods from countries "doing business" with Iran. Former Fed Chair Janet Yellen spoke about a Department of Justice investigation into current Chair Jerome Powell, stating that it is "extremely chilling" for Fed independence and that the market should be concerned.
Strategy (MicroStrategy) purchased 13,627 Bitcoin for $1.25 billion last week, maintaining its position as the world's largest corporate Bitcoin holder with 687,410 BTC despite recent paper losses.
Bitcoin whales who held coins for over seven years moved $286 million worth of BTC on Saturday, the highest activity since November 2025.
Bitmine Immersion Technologies purchased 24,266 Ether over the past week, bringing its total crypto holdings to 4.17 million ETH (3.4% of circulating supply) while expanding its staking operations to 1.26 million ETH.
US Senators Lummis and Wyden introduced the Blockchain Regulatory Certainty Act to exempt blockchain developers and service providers who don't handle user funds from money transmitter regulations, addressing concerns about criminal liability for writing code.
A Tennessee federal judge temporarily blocked state regulators from enforcing a cease-and-desist order against prediction market platform Kalshi, finding the company likely to succeed in its argument that federal derivatives regulation preempts state sports wagering rules.
