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Trump’s crypto ties pose growing obstacle on Capitol Hill
A new controversy over President Donald Trump’s ties to the cryptocurrency industry is sharpening Democratic demands that a sweeping digital assets bill include a provision reining in the first family’s crypto empire. Even as the White House presses Congress to pass the industry-friendly legislation, the Trump family’s growing crypto businesses are emerging as an unavoidable obstacle after news that an Abu Dhabi royal backed a $500-million investment in a Trump-linked venture called World Liberty Financial. The Abu Dhabi deal, as first reported by The Wall Street Journal, is hardening Democrats’ resolve to ... (full story)
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From theguardian.com | Feb 5, 2026
Bitcoins price sank to $63,000 on Thursday, its lowest level in more than a year, and half its all-time peak of $126,000, reached in October 2025. A months-long dip in cryptocurrency prices has tanked shares of companies that have increasingly invested in bitcoin, exacerbating broader stock market jitters. Bitcoin rode a high during Donald Trumps ascent ...