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Golden Noon News | List of important developments at noon on August 5

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2025-08-05 04:00:11
7:00-12:00 Keywords: Bitsonic, Coinbase, White House
1. Trump tweeted to celebrate the surge in U.S. stocks: There will be many more such rallies;
2. The representative of South Korean cryptocurrency exchange Bitsonic was jailed again for suspected 100 million Korean won fraud;
3. Coinbase CEO: The US government will hold more than $600 billion in bitcoin reserves;
4. Benchmark: Weak Coinbase earnings and falling stock price "don't matter in the big picture";
5. Coinbase and PayPal insist on issuing stablecoin rewards in response to the regulatory controversy over the GENIUS Act.
6. Bitcoin Magazine CEO David Bailey plans to raise $200 million for a new political action committee;
7. The ETF Store President: The White House is preparing an executive order aimed at punishing banks that discriminate against cryptocurrency companies.
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