The US Treasury Department is pushing for the issuance of a new banknote featuring President Trump's portrait, with a face value of $250.
May 28 — U.S. Treasury Department officials appointed by the Trump administration are actively advancing plans to print $250 bills featuring Donald Trump’s portrait. The proposal would mark the first time in more than 150 years that a living person’s face appears on U.S. circulating currency.
Last August, Treasury officials provided the Bureau of Engraving and Printing (BEP) with design mockups that included Trump’s likeness and signature. The BEP’s director, who oversees banknote production operations, was reassigned last month after opposing the plan. In her resignation message, she wrote, “The buck stopped here.”
If the move is finalized, it would break a long-standing American tradition of not placing portraits of living people on circulating currency. Trump administration-appointed officials continue to pressure the BEP to move forward with the highly symbolic banknote design.
1 seconds ago
AI Financial Data Infrastructure Company Daloopa Completes $47 million Series C Funding Round, Led by Brighton Park Capital
On May 28, AI financial data infrastructure firm Daloopa announced it has closed a $47 million Series C funding round, per MarketWatch. The round was led by Brighton Park Capital, with participation from Squarepoint Capital, Touring Capital, and Nexus Venture Partners.
The funding will accelerate platform expansion and grow Daloopa’s teams across engineering, product, and marketing. The company delivers structured, auditable financial data to financial institutions, and has extended its data access via integrations with tools including OpenAI ChatGPT, Anthropic Claude, Perplexity, and Rogo’s MCP. It offers APIs, cloud-based delivery, and partner APIs to enable third-party developers to embed its high-quality financial data into their own products.
1 seconds ago
U.S. Stock Market Open: Three Major Indexes Mixed, Cryptocurrency Stocks Down, Semiconductor and Storage Sectors Volatile
May 28, per Bitget market data, the U.S. stock market opened with mixed performance: the Dow Jones Industrial Average dipped 0.06%, the S&P 500 declined 0.47%, and the Nasdaq edged up 0.04%. HP Inc. (HPQ.N) jumped over 3% after its second-quarter earnings exceeded analysts’ expectations, with Bank of America Global Research lifting HP’s price target from $16 to $18. Additionally, several investment banks have been intensively hiking price targets for tech stocks—Mizuho holds a particularly bullish outlook on the semiconductor sector, as detailed here: https://www.theblockbeats.info/flash/348269.
U.S. cryptocurrency-linked stocks saw broad declines, with: MicroStrategy (MSTR) plunging 5.77%, Coinbase (COIN) dropping 1.87%, Circle (CRCL) falling 3.2%, and BitMine Immersion (BMNR) declining 4.5%.
In the U.S. semiconductor and storage sector, results were mixed: NVIDIA (NVDA) fell 0.07%, Intel (INTC) rose 0.34%, AMD (AMD) gained 1.52%, Broadcom (AVGO) slipped 1.1%, Qualcomm (QCOM) droppe
1 seconds ago
An Ethereum ICO Whale Deposits 1600 ETH Worth $3.18 Million into Kraken
On May 28, per OnchainLens monitoring, an Ethereum ICO whale deposited 1,600 ETH into crypto exchange Kraken, valued at $3.18 million. The whale still holds the remaining 400 ETH, worth $792,000 as of now. Prior to this deposit, the whale spent just $622 to acquire 2,000 ETH, which is now worth $3.96 million, marking a staggering 6,373x return on investment.
1 seconds ago
Grayscale Delays IPO Plan Due to Market Volatility and Weak Investor Demand
On May 28, asset management firm Grayscale delayed its confidential IPO plan—first submitted back in November 2025—citing market volatility and weak investor demand. What’s more, there’s little chance of reviving the offering, with the earliest potential launch window falling in Q4 2026.
In 2026, overall enthusiasm for cryptocurrency listings has cooled, with major crypto players including Kraken, ConsenSys, and Ledger also suspending their own IPO plans.
1 seconds ago
VanEck Launches First BNB Spot ETF in the United States: VBNB
May 28: U.S. asset management firm VanEck officially launched the VanEck BNB Spot ETF (ticker: VBNB) this Thursday, marking the first U.S.-listed exchange-traded fund (ETF) to offer direct spot exposure to BNB. The fund is backed by physical BNB held in cold storage at Anchorage Digital Bank, charges an annual management fee of 0.39%, and does not yet support staking services.
In a statement, VanEck noted that BNB is one of the few major cryptocurrencies that still lacks a dedicated U.S. spot exchange-traded product (ETP). This new ETF provides U.S. investors with a regulated channel to access this highly active digital asset through a standard exchange platform.
1 seconds ago
App Store
Profile
Security
Sign Out
Feeds
Articles
Source
Add to Favorites
Download image
Share x
Copy link
