Coinpedia Digest: This Week’s Crypto News Highlights | 12 July, 2025
Federal Reserve Chair Jerome Powell faces mounting pressure to resign amid criticism from former President Donald Trump and allegations of misleading Congress over a $2.5 billion renovation project. A potential departure could Ripple through financial markets, including crypto.
Tron founder Justin Sun pledged $100 million to acquire Donald Trump-themed memecoins ahead of a $474 million token unlock. The move signals deepening ties between political figures and cryptocurrency ventures, with Sun previously investing over $90 million in Trump-linked projects.