Articles written by Murtuza Merchant - Benzinga

'Crypto Czar' Sacks Says Potential Bitcoin Reserve To Be One Of Crypto Committee's First Priorities

|President Donald Trump’s newly appointed "Crypto Czar" David Sacks on Tuesday announced the formation of a bipartisan, bicameral committee to establish a clear regulatory framework for the digital asset industry.

EXCLUSIVE: Anthony Scaramucci Warns Donald Trump's Crypto Promises May Be A 'Mirage'

|SkyBridge Capital founder Anthony Scaramucci on Monday cast doubt on the crypto industry’s high hopes for President Donald Trump, suggesting his promises of regulatory relief may be a “mirage.”

Could The Trump-Established Sovereign Wealth Fund Invest In Bitcoin, Nvidia, TikTok?

|President Donald Trump's executive order to create a U.S. Sovereign Wealth Fund (SWF) has triggered debates over its structure, funding and potential investments.

FTX Repayments Begin February 18, Claims Under $50,000 Eligible

|FTX announces distributions for Convenience Class claims under $50,000 starting Feb 18, 2025. Funds include adjudicated claim value + 9% interest.

Meme Coin Index 'Doge Jones' Launches App Including TRUMP, BONK, WIF (CORRECTED)

|Editor’s note: the story has been corrected to include the correct meme coins.

Bitcoin Rally Stalls Around $99,000, Ethereum, XRP Struggle As China Imposes Retaliatory Tariffs

|Bitcoin (CRYPTO: BTC) is trading around $99,200 on Tuesday, following China’s announcement of retaliatory tariffs on

Market Skeptical Of DOGE Hype, Questions Elon Musk's Execution, Bernstein Says

|Asset manager Bernstein reports that the market remains pessimistic about the Department of Government Efficiency (DOGE) initiative, expressing doubts about Elon Musk‘s ability to implement significant changes effectively.

Bitcoin, Ethereum, XRP Dip Leaves Crypto Industry Unfazed: 'We're Going A Marathon,' Expert Says

|The violent crypto dip in the early Monday morning hours has done little to rattle optimism in the industry, which remains focused on the long-term potential of the technology rather than short-term price fluctuations.

EXCLUSIVE: Dogecoin ETF Justified, More Meme Coins ETFs Possible, Bitwise CIO Says

|Bitwise Chief Investment Officer Matthew Hougan on Monday said while meme coin ETFs are not entirely off the table, they are not a “free-for-all,” highlighting the need for a liquid, globally distributed market with limited insider influence.

Robinhood To Offer Super Bowl Event Contracts

|Robinhood NASDAQ: HOOD now offers Super Bowl event contracts through Kalshi, expanding their investment options to include speculating on real-world events.

Don't Buy The Dip On Bitcoin, Ethereum, XRP Yet, Standard Chartered Warns

|Standard Chartered‘s Head of Digital Assets Research Geoffrey Kendrick on Monday advised against buying the dip in cryptocurrencies until outright back-end U.S.

EXCLUSIVE: Anthony Scaramucci Warns Donald Trump's Crypto Promises May Be A 'Mirage'

|SkyBridge Capital founder Anthony Scaramucci on Monday cast doubt on the crypto industry’s high hopes for President Donald Trump, suggesting his promises of regulatory relief may be a “mi

Grayscale Seeks SEC Approval To Convert XRP Trust Into Exchange-Traded Fund

|Grayscale Investments has submitted a proposal to convert its XRP (CRYPTO: XRP) Trust into an exchange-traded fund at the New York Stock Exchange.

MicroStrategy Prices Preferred Stock Offering At $80 Per Share, Seeks $563M To Buy Bitcoin

|MicroStrategy issued 7.3 million shares of 8.00% perpetual preferred stock at $80 per share, expected to bring in $563.4 million for general purposes, including Bitcoin purchases. Conversion and redemption rights apply.

Grayscale Introduces Dogecoin Trust For Institutional Investors

|Grayscale has launched a new trust designed to offer institutional investors exposure to Dogecoin (CRYPTO: DOGE), marking a notable step in the evolution of

Elon Musk's Father Launches 'Musk It' Meme Coin To Fund New Think Tank

|Errol Musk endorses 'Musk It,' a memecoin aiming to raise $150-200 million for the Musk Institute. Questions remain about its purpose and legitimacy.

Experts Say DeepSeek Proves High-Performance AI Possible Without Silicon Valley's Spending

|A new player in the AI arena, DeepSeek, has unveiled an open-source language model, R1, that experts say is a game-changer in efficiency, raising questions about the future of AI development.

Helix Debuts AI Index Perpetual Market, Bridging Crypto And Traditional Equities On-Chain

|Helix, a decentralized exchange built on Injective (CRYPTO: INJ), has launched an AI Index Perpetual Market, a product that allows investors to gain on-chain exposure to both AI-focused crypto tokens and traditional eq

Grayscale Seeks SEC Approval To Convert XRP Trust Into Exchange-Traded Fund

|Grayscale Investments has submitted a proposal to convert its XRP (CRYPTO: XRP) Trust into an exchange-traded fund at the New York Stock Exchange.

Sam Bankman-Fried's Parents Seek Presidential Pardon From Donald Trump

|FTX CEO's parents seek Trump's pardon for son's fraud conviction. Discussions held with legal experts but unclear if direct outreach to White House.