Trump's Crypto Ventures, Draper And Cathie Wood's Bitcoin Predictions, MSTR Estimates, And More: This Week In Crypto

Ananya Gairola

June 29, 2025

The past week in the world of cryptocurrency was nothing short of eventful. From legislative moves aimed at curbing alleged corruption in cryptocurrency ventures to bold predictions about Bitcoin’s dominance, the week was filled with intriguing developments.

Here’s a quick recap of the top stories that made headlines.

Adam Schiff Takes Aim At Trump’s Crypto Ventures

In a bid to curb what he calls “corruption in plain sight,” Rep. Adam Schiff (D-Calif.) introduced legislation targeting cryptocurrency ventures by President Donald Trump and other senior administration officials. Schiff’s proposed COIN Act seeks to put an end to the alleged corruption in these ventures.

Read the full article here.

Tim Draper Foresees Bitcoin’s Dominance

Billionaire investor Tim Draper predicts that Bitcoin (CRYPTO: BTC) will completely dominate the dollar within the next five years. Draper, a long-time Bitcoin advocate, attributes this potential dominance to the unprecedented innovation on the Bitcoin network.

Read the full article here.

See Also: Bitcoin, Ethereum, XRP, Dogecoin Trade Flat On Friday But ‘One Major Leg Up Left,’ Says Trader

Cathie Wood’s Exciting Prediction for Bitcoin

Despite Bitcoin’s 400x rise, Cathie Wood, CEO of ARK Invest, believes that the “next exciting leg” of Bitcoin’s growth journey is just beginning. Wood’s comments came in response to billionaire hedge fund manager Philippe Laffont’s views on Bitcoin.

Read the full article here.

Tom Lee’s Prediction for MicroStrategy

Tom Lee, head of research at Fundstrat Global Advisors, predicts that Strategy Inc. (NASDAQ:MSTR), formerly known as MicroStrategy, could deliver superior returns compared to Bitcoin itself as the cryptocurrency rallies.

Read the full article here.

Trump Family-Backed Crypto Venture’s New App

World Liberty Financial, a crypto venture backed by U.S. President Donald Trump, plans to launch a new app aimed at making it easier for lay investors to use cryptocurrencies. The Trump family, which holds a 75% claim on the venture’s net revenues, has faced criticism due to potential conflicts of interest.

Read the full article here.

Read Next:

Bitcoin Yields Of Up To 8% Are No Longer A Fantasy: Here’s Who’s Offering Them

Photo courtesy: Shutterstock

This story was generated using Benzinga Neuro and edited by Ananya Gairola

Recommended

The Unlikely Duo Rethinking Wearable Technology - Ad

Fox: China Is Hiding a '401K Nuke Switch' Under Trump's Nose - Ad

How to Hack a $1.3T Market - Ad

Popular

Cathie Wood's Alpha Surge: $250 Million Circle Windfall, Big AMD Buys

Cathie Wood, founder and CEO of ARK Invest, has recently been on a hot streak of successful and high-profile trades through her flagship ARK ETFs.

Cargo ship carrying new vehicles to Mexico sinks in the North Pacific weeks after catching fire

ANCHORAGE, Alaska (AP) — A cargo ship that had been delivering new vehicles to Mexico sank in the North Pacific Ocean, weeks after crew members abandoned ship when they couldn’t extinguish an onboard fire that left the carrier dead in the water.

A 64% Dividend From Gold?

A 64% Dividend From Gold? - Ad

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

Big Banks Pass Fed's 2025 Stress Test With Ease—But Some Say It Was Too Easy

All major U.S. banks passed the Fed's 2025 stress test, but critics say easier assumptions may have padded the results.

Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit

Nike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it about $1 billion before it makes internal changes, which include “surgical” price increases in the U.S. starting this fall.

The Missing Ingredient for Big Tech's $3T Recipe?

The Missing Ingredient for Big Tech's $3T Recipe? - Ad

Big Tech doesn't build everything; they buy what's next. And only Emteq's tech offers real behavior insights for smart glasses, key to unlocking the $3T XR market. Their patented sensors track live facial muscle movements. With health-focused smart glasses in demand, only Emteq has this tech.

Mystery Seller Behind $105 Million Plot Next to Jeff Bezos Estate Finally Revealed

A plot of land neighboring Jeff Bezos' property in Miami was sold for a staggering $105 million. The undeveloped lot was sold by German investor Mikhail Peleg.

Apple Has the Potential To Crush Meta's Ray-Ban Smart Glasses, Says Ming-Chi Kuo, But The Tech Giant Has Been 'Surprisingly Slow'

Analyst Ming-Chi Kuo believes Apple has the potential to surpass Meta's Ray-Ban smart glasses, but notes the company's slow progress in this market could delay its dominance.

A Historic Gold Announcement Is About to Rock Wall Street

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

Asia Markets Mixed, Europe Slips, Dollar Weakens Further As Tariff Deadline Looms - Global Markets Today While US Slept

U.S. markets up on trade deals and rate cut hopes, but concerns persist. Mixed economic data, Central bank expectations, and geopolitical risks affect performance. Asia and Europe markets mostly lower, commodities mixed, USD weak on trade uncertainty.

On This Day 15 Years Ago, Elon Musk's Tesla Took A Risk On The Public Markets — Now It's Paid Off Nearly 300 Times Over

Tesla marks its 15th anniversary of its IPO with a staggering 300-fold surge in its stock value.

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Elon Musk's Mother Recalls Borrowing First Tesla Roadster In 2008—Now Celebrates Robotaxi Launch With Joyride In Driverless Car: 'No One Knew What It Was'

Maye Musk, mother of Tesla Inc. CEO Elon Musk, commemorated the company's Robotaxi launch by reflecting on her early experience with Tesla's first vehicle nearly two decades ago.

Bitcoin, Ethereum, Dogecoin Rangebound As Fed Chair Jerome Powell Highlights Tariff-Induced Uncertainty: Analyst Says These 2 Levels Are Key For BTC

Leading cryptocurrencies moved sideways Wednesday as Federal Reserve Chair Jerome Powell signaled slower growth and hotter inflation after the central bank left interest rates unchanged.

Trump Exec Order to Help Restore Wealth for American Citizens?

Trump Exec Order to Help Restore Wealth for American Citizens? - Ad

Thanks to President Trump's Executive Order 14179, a brief "AI Wealth Window" is opening now. Genius investor James Altucher has released 3 AI wealth-building strategies to take advantage of Trump's genius Executive Order 14179. James believes you could see $10,000 grow to $1 MILLION or more over the next few years.

Republicans hit major setback in their effort to ease regulations on gun silencers

WASHINGTON (AP) — Republican efforts to loosen regulations on and short-barreled rifles and shotguns have been dealt a big setback with the Senate parliamentarian advising that the proposal would need to clear a 60-vote threshold if included in their big tax and immigration bill.

China's humanoid robots generate more soccer excitement than their human counterparts

BEIJING (AP) — While China's men's soccer team hasn't generated much excitement in recent years, humanoid robot teams have won over fans in Beijing based more on the AI technology involved than any athletic prowess shown.

FDA Submission Expected This Summer - Invest Before It Happens

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

Spanish court rejects Airbnb appeal and keeps order to block nearly 66,000 listings

MADRID (AP) — A Spanish court on Thursday rejected an appeal by Airbnb and left in place an order to block almost 66,000 rental listings that the government said violated local rules.

Elon Musk renews his criticism of Trump's big bill as it faces a key Senate vote

WASHINGTON (AP) — on Saturday doubled down on his distaste for President sprawling tax and spending cuts bill, arguing the that Republican senators are scrambling to pass would kill jobs and bog down burgeoning industries.

Is Elon's Empire Crumbling?

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

Asia Markets Mixed, Europe Gains, Dollar Hit by Fed Concerns And Cooling Inflation - Global Markets Today While US Slept

US markets closed mixed on Wednesday, tech shares lifted Nasdaq while S&P 500 remained flat. Fed Chair Powell reiterated wait-and-see approach. Asian markets mostly up, European markets also positive with oil prices steady.

BigBear.ai (BBAI) Stock Soars 21%: What's Going On?

Shares of BigBear.ai are trading sharply higher Tuesday afternoon. The rally comes without any new company-specific announcements.

The Unlikely Duo Rethinking Wearable Technology

The Unlikely Duo Rethinking Wearable Technology - Ad

Why did a surgeon and Snap exec team up? They saw the missing ingredient in the $84T wearables market: behavior. So they built Emteq and invented smart glasses sensors to track real-time expressions, unlocking insights into why we do things. With a $15M term sheet already secured, Emteq is what Big Tech's missing.

Japanese manufacturers are slightly more optimistic despite Trump tariff worries

TOKYO (AP) — Business sentiment among large Japanese manufacturers has improved slightly, according to a survey by Japan’s central bank released Tuesday, although worries persist over .

Bitcoin, Ethereum, Dogecoin Climb As Trump Labels Growing BTC Adoption As 'Great Thing': Sell Pressure On Largest Crypto May Be Fading Away, Says Analyst

Leading cryptocurrencies rose Sunday as President Donald Trump called Bitcoin’s growing adoption a “great thing” for the United States.

Fox: China Is Hiding a '401K Nuke Switch' Under Trump's Nose

Fox: China Is Hiding a '401K Nuke Switch' Under Trump's Nose - Ad

China holds $784B in U.S. debt-and may trigger a dollar collapse. Gold is already soaring, with forecasts up to $6,000-$30,000. Protect your savings now. Claim the free 2025 Gold Guide and discover a Trump-era IRS loophole to buy gold tax- and penalty-free.

Elizabeth Warren Blames Trump's 'Dumb Trade War' For Fed's Grim Outlook: The President Is 'Standing In The Way Of Lower Rates And Lower Costs'

Sen. Elizabeth Warren (D-Mass.) is placing the blame for the Federal Reserve's increasingly grim economic outlook on President Donald Trump's trade and tariff policies.

Outrage Mounts Over Trump's Appointment of 22-Year-Old to Terrorism Unit Amid Iran Crisis

In a move that has drawn widespread criticism, President Donald Trump has appointed 22-year-old Thomas Fugate to a critical terrorism-prevention role, amidst rising tensions with Iran.

How to Hack a $1.3T Market

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Cathie Wood's Thursday Crypto Moves: Ark Unloads Nearly $25 Million In Coinbase, Block Stocks

On Thursday, Cathie Wood-led Ark Invest made notable trades, including the sale of shares in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ).

Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax

TORONTO (AP) — Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms.

A 64% Dividend From Gold?

A 64% Dividend From Gold? - Ad

Quantum Stocks Surge And Stumble: Here's What Happened This Week

Quantum Computing announced a $200 million private placement, Microsoft's CEO said quantum computing could take scientific advancements to the next level and more from the week.

Brazil auctions off several Amazon oil sites despite environmentalists and Indigenous protests

BRASILANDIA, Brazil (AP) — auctioned off several land and offshore potential oil sites near the on Tuesday as it aims to expand production in untapped regions despite .

The Missing Ingredient for Big Tech's $3T Recipe?

The Missing Ingredient for Big Tech's $3T Recipe? - Ad

Once known as 'Dirty Myrtle,' Myrtle Beach is now the fastest-growing US metro for seniors

A South Carolina beach town once nicknamed “Dirty Myrtle” because of its rowdy nightclubs and strip joints has become a magnet for retirees in a nation that continues to age.

Bye Bye Birdie: Twitter Blue Bird Logo Blown Up To Promote Online Marketplace Company

Elon Musk bought Twitter for $44 billion and rebranded it to X, auctioning off old memorabilia like the iconic blue bird logo. Ditchit, the buyer of the logo, recently blew it up in a promotional stunt.

A Historic Gold Announcement Is About to Rock Wall Street

A Historic Gold Announcement Is About to Rock Wall Street - Ad

Elon Musk, Donald Trump Inspired These 'Squid Game' Characters: 'The Ones Running Everything… The Ones In Control'

Squid Game VIPs were mostly behind the scenes previously, but take on a larger role in the show's third season.

Trending Now

A judge resisted Trump’s order on gender identity. The EEOC just fired her

Jeff Bezos, Lauren Sanchez Get Married In A $50 Million Wedding In Venice: From Foam Party On His $500 Million Yatch To Goodie Bags, Here's What We Know