Elizabeth Warren Calls out Trump's Crypto Profit, Dogecoin Activity Surges and More: This Week in Crypto

The week was filled with exciting news from the world of cryptocurrencies. Here’s a quick recap of the top stories from the week that you might have missed.

Elizabeth Warren Says Legislation that Doesn’t Stop Trump And Family’s Crypto Profiteering Is ‘Failing’

Senator Elizabeth Warren (D-Mass.) on Tuesday criticized any legislation that does not prevent President Donald Trump and his family from profiting from cryptocurrency as a failure to the American people.

Warren stated, “Any crypto legislation that does not stop Donald Trump and his family from continuing to profit off of crypto is failing the American people.”

Read the full article here.

Something Is ‘Brewing’ With Dogecoin, Says Top Analyst

Leading cryptocurrency analyst Ali Martinez highlighted a significant increase in Dogecoin‘s (CRYPTO: DOGE) on-chain activity on Saturday, suggesting increased volatility ahead.

Martinez pointed out that active addresses have surged to nearly 50,000 since the start of July, based on data from on-chain analytics firm Glassnode.

Read the full article here.

Eric Trump Says ‘Stacking Continues’ as American Bitcoin Amasses 8,000 BTC

Eric Trump revealed in a post on X that the firm has achieved a 52% mining profit margin in the first quarter and maintained “one of the lowest” Selling, General, and Administrative ratios in the industry.

“The stacking continues,” Trump said. “Huge congrats to the incredible ABTC team! Onwards we go!”

Read the full article here.

Bitcoin, Ethereum, XRP Got Clobbered in Q2: Here’s What Will Decide Their Fate in Q3

Bitwise Chief Investment Officer Matt Hougan called the second quarter the most challenging period for crypto since the 2022 bear market and warned that the market is pricing a 2022-level bottom.

Bitcoin (CRYPTO: BTC) saw a 13.40% drop in the second quarter, extending the crypto winter to nine months, the longest consecutive streak of negative quarterly returns since 2022.

Read the full article here.

Kraken Wants AI to Watch Markets, Build Portfolios

Kraken is revamping its app around agentic trading, a move the crypto exchange believes could redefine competition among digital asset platforms.

The technology uses AI agents to monitor markets, identify opportunities, and provide portfolio guidance based on user goals and risk preferences, Kraken told CNBC, according to a Friday report.

Read the full article here.

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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.