Trump-Appointed Crypto Council CEO Bo Hines Departs for Private Sector

2025-08-10 14:17:49

Description

Bo Hines leaves CEO post, remains government advisor for AI/crypto. Patrick Witt, former deputy, takes over as council chief executive. Major achievements include co-authoring a Senate crypto market bill. President's Council on Digital Assets (Crypto Council) CEO Bo Hines has announced his resignation, returning to the private sector after being appointed by Donald Trump in December 2024. Hines, who previously worked at a growth equity firm, will remain as a special government advisor and contin...

>> go to origin page

Tags:
News Legal

📱 Full Version

$BTC

$121713.3

+2.85%

Coinpaper

coinpaper.com

Latest News

Physical Threats to Crypto Owners Hit Record Highs2025-08-11 05:50:42
Base Layer 2: Huge User Surge, Fee Drop, and Strategic Moves Power Growth2025-08-10 14:46:01
Trump-Appointed Crypto Council CEO Bo Hines Departs for Private Sector2025-08-10 14:17:49
Harvard and Brown Universities Boost Bitcoin ETF Holdings Significantly2025-08-09 19:15:42
Bitcoin ETFs Lead $280M Inflows as Ethereum Funds Attract $222M on August 72025-08-08 20:35:27

World Liberty Financial Explores $1.5B Nasdaq Listing for WLFI Tokens with Trump Backing

07:34 09-08-2025 （2 days ago）

World Liberty Financial is advancing plans for a $1.5 billion Nasdaq listing for its WLFI tokens, positioning itself among digital asset treasury firms that accumulate cryptocurrencies. The initiative gained attention with backing from former U.S. President Donald Trump, who reported earning approximately $57.4 million from his stake in WLFI tokens. This potential public listing aims to fund the company's strategy...

Ethereum Market Cap Soars Past $523 Billion, Surpassing Mastercard Amidst Aggressive Accumulation

07:49 11-08-2025 （1 hour ago）

Ethereum (ETH) has achieved a significant market capitalization milestone, reaching $523 billion, eclipsing payments giant Mastercard which currently stands at $519 billion. This surge is attributed to several key factors, including substantial recent accumulation of the cryptocurrency by various entities and bullish forecasts for its future value. A significant contributing factor is the aggressive purchase of 221,166 ETH, valued at...

Bitcoin Dominance Persists as Institutional ETF Demand Delays Altcoin Season

04:22 11-08-2025 （5 hours ago）

Bitcoin maintains a commanding position in the cryptocurrency market, with its current dominance hovering near 79% over the recent period. This sustained strength has been significantly fueled by robust institutional demand, particularly through the mechanism of Bitcoin Exchange-Traded Funds (ETFs). These ETFs provide institutional investors with regulated avenues to gain exposure to Bitcoin without directly holding the asset, thereby increasing...

NFT Sales Slump 11% Amid Ethereum Price Surge, Participation Plummets

19:28 09-08-2025 （2 days ago）

The non-fungible token (NFT) market experienced a significant cooling-off period despite Ethereum (ETH), the primary blockchain for NFTs, surging 19% to reach $4,100. Data reveals a sharp 11% decline in overall NFT sales volume to $134.9 million, signaling a decoupling from the appreciation of its underlying asset. Market participation saw an even steeper collapse, with the number of active buyers...

Ethereum Surges as Analysts Predict Rally Toward $10,000-$20,000

16:11 10-08-2025 （17 hours ago）

Ethereum (ETH) has experienced a significant price surge this week, gaining approximately 24% to trade above $4,330. This marks ETH's highest price point since December 2021, fueling optimistic projections about its future trajectory. Market analysts are interpreting the move as a sign of strong bullish momentum. Several technical indicators are converging to suggest the potential for substantial further gains in...

Bitcoin Explores Path Toward Global Reserve Currency Status Fueled by Institutional Adoption

02:03 10-08-2025 （1 day ago）

Growing institutional investment and shifting policy conversations are pushing Bitcoin into the spotlight as a potential contender for a global reserve currency, initiating discussions on its future role within the international financial system. Recent months witnessed a significant surge in institutional investments into Bitcoin, exemplified by entities like Japanese investment firm Metaplanet allocating substantial capital, signaling heightened confidence in Bitcoin's...

New Executive Orders Enable Bitcoin in 401(k) as BTC Price Surges Past $117K

20:47 08-08-2025 （3 days ago）

Recent executive actions have granted Americans the ability to include cryptocurrencies, notably Bitcoin, within their 401(k) retirement savings plans. This regulatory shift resulted in an immediate and significant market reaction, with Bitcoin's price climbing 1.92%. The leading cryptocurrency breached the $117,000 threshold, achieving a price of $117,440. Trading volume concurrently spiked, reaching $61.71 billion on major exchanges. Beyond expanding retirement...

US Bitcoin ETFs Shatter Records with $2.532 Billion Weekly Inflow Fueled by BlackRock

18:39 10-08-2025 （14 hours ago）

US-listed spot Bitcoin exchange-traded funds (ETFs) have recorded an unprecedented weekly inflow of approximately $2.532 billion, setting a new record for investor interest. BlackRock’s iShares Bitcoin Trust ETF (IBIT) emerged as the primary catalyst driving this substantial capital surge within the ETF sector. The scale of the influx underscores a pronounced and growing institutional appetite for exposure to Bitcoin through...

Vitalik Buterin Endorses Corporate ETH Treasury Holdings, Warns Against Overleveraging

03:45 09-08-2025 （2 days ago）

Ethereum co-founder Vitalik Buterin has voiced support for corporations holding Ethereum (ETH) as a treasury reserve asset, citing its capacity to enhance financial flexibility. However, Buterin issued explicit warnings against overleveraging ETH holdings, stating such practices could destabilize both the Ethereum market and corporate balance sheets. He highlighted price volatility and potential market impact as significant risks accompanying ETH treasury...

XRP Exhibits Robust Recovery Signals with Surging Volume and Bullish Whale Activity

09:12 08-08-2025 （3 days ago）

XRP demonstrates significant recovery potential amid heightened market activity, with trading volume surging 194.24% to $18.16 billion. This substantial increase underscores growing market interest and reinforces bullish sentiment surrounding the digital asset. Market dynamics reveal whales are heavily positioned for upside momentum, with derivatives data showing a pronounced skew toward long positions. Concurrently, open interest rose 20.41% to $8.79 billion...

Large ETH Holders Move $200M+ to Exchanges, Signaling Institutional Demand and Volatility Risk

04:42 10-08-2025 （1 day ago）

A significant net inflow of 99,300 Ethereum (ETH), valued at over $200 million, was recorded moving to centralized cryptocurrency exchanges within a 24-hour period. This substantial transfer signals potential shifts in market dynamics, often interpreted as a sign of institutions positioning ahead of expected movements or liquidity events, possibly leading to heightened market volatility. Observers note that this large-scale movement...

Ethereum Breaks Symmetrical Triangle, Eyes $8,000 Target Amid Whale Accumulation

10:41 09-08-2025 （2 days ago）

Ethereum (ETH) has charted a significant technical breakout, escaping a prolonged multi-year symmetrical triangle pattern. This development suggests a potential surge towards a price target of $8,000. Supporting this bullish outlook, major investors, often termed 'whales', have demonstrated strong confidence by accumulating over 1.80 million ETH within the past month. Current market activity reflects this enthusiasm, with ETH trading at...