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1 week ago | 
cryptonews.com.au | Ben Knight
Presidents from El Salvador and the United States have become two of the biggest Bitcoin proponents this decade. The two leaders – Trump and Bukele – met at the Oval Office earlier this week, with some in the crypto community hoping a Bitcoin discussion would be on the cards. However, crypto was snubbed from talks as immigration and trade tariffs dominated the meeting. If Donald Trump is an ally to Bitcoin, El Salvadorian President Nayib Bukele is basically the industry’s Batman.
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1 month ago | 
cryptonews.com.au | Ben Knight
Ethena Labs and Securitize are launching Converge, a blockchain for tokenising real-world assets (RWAs) and supporting Ethena’s stablecoins. It targets institutional investors with regulatory compliance and custodial solutions. Partnerships with major platforms will ensure interoperability among dApps. Converge aims to merge traditional finance with DeFi, driving RWA adoption.
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1 month ago | 
cryptonews.com.au | Ben Knight
Toncoin has surged 30% over the past week of trading, pushing it back toward US $3.50. The jump in price comes as Telegram’s founder Pavel Durov was granted short-term freedom, allowing him to leave France for the first time in nearly a year. A crypto analyst has argued the recent trend reversal demonstrates a good buying opportunity for Toncoin believers. Telegram’s (unofficial) cryptocurrency, Toncoin, is back in the news cycle following a massive week in the market.
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1 month ago | 
cryptonews.com.au | Ben Knight
Ethereum is under pressure due to leadership issues, stalling adoption, and declining on-chain metrics, casting aspersions on its dominance in the DeFi space. Ethereum’s value has dropped 52% over the past year, with a potential further decline if liquidations occur. A significant $130 million ETH-backed loan in Sky is causing concerns, highlighting the volatility and risk in crypto-backed loans.
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1 month ago | 
cryptonews.com.au | Ben Knight
The Senate Banking Committee approved the GENIUS stablecoin bill with an 18-6 vote, which now awaits its fate in the Senate. The legislation aims to make stablecoins more accessible and reduce international crimes involving digital currencies. It mandates that all issued assets be backed one-to-one and sets various requirements for stablecoin providers.
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1 month ago | 
cryptonews.com.au | Ben Knight
A BTC Strategic Reserve and a digital asset stockpile for seized altcoins were recently introduced through Executive Orders in the United States. Despite regulatory clarity, the crypto market hasn’t performed as expected, with non-Bitcoin assets struggling and overall market sentiment souring due to tariffs and inflation. The podcast Tapping into Crypto explores the possibility that the traditional four-year market cycle has been disrupted by institutional and governmental involvement.
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1 month ago | 
cryptonews.com.au | Ben Knight
XRP Ledger has partnered with RWA.xyz to provide unique data insights to developers, investors and institutions in the real-world asset space. Ripple Labs has made a notable push to move into the tokenisation sector in recent times, teaming up with big players like Ondo Finance and international banks. Some models suggest the tokenisation sector will grow to as big as US $16 trillion by the end of the decade. Real-world asset tokenisation is one of the leading narratives for crypto in 2025.
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1 month ago | 
cryptonews.com.au | Ben Knight
The SEC is showing its dedication to improving its relationship with the Web3 sector. Acting Chair Mark Uyeda announced the SEC is reconsidering a 2022 proposal that classified certain DeFi exchanges as ‘Alternative Trading Systems’. The SEC’s attempt to regulate decentralised exchanges similarly to traditional trading platforms faced strong opposition from the crypto industry at the time.
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1 month ago | 
cryptonews.com.au | Ben Knight
Solana co-founder Anatoly Yakovenko criticised the creation of a potential Strategic Reserve, questioning the impact on decentralisation. Yakovenko suggested that Reserves be held by States and assets have clear criteria for inclusion. Journalist Laura Shin claimed that XRP may have lobbied for Solana’s inclusion in the stockpile. The prospect of a United States digital asset Reserve has evolved from a dream to reality over the past few weeks.
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1 month ago | 
cryptonews.com.au | Ben Knight
Trump-backed DeFi project, World Liberty Financial, recently purchased US $20m worth of cryptocurrency, including Ethereum, WBTC and MOVE. World Liberty Financial aims to provide democratic access to financial services through blockchain technology. The venture also announced a strategic partnership with Layer 1 project SUI. With the United States Crypto Summit at our doorstep, President Donald Trump is ramping up his involvement in the digital asset industry.
