Tag Archives: Donald Trump

After several hours of calmness at close to $89,000, bitcoin’s price trajectory took another turn for the worse and the asset plunged to its lowest level since November 11 of under $84,000. Many altcoins have followed suit, including ETH and SOL, but LTC has defied the odds with a double-digit price surge on a daily scale. BTCUSD. Source: TradingViewThe winds have definitely changed in the cryptocurrency market, and the bull run talks have vanished as BTC continues to bleed...

The financial regulator also appears to be easing up or pausing its rafts of ongoing litigation against crypto companies. However, those with imminent deadlines may still be on the table. “I’m told by multiple legal sources that the SEC has been prioritizing cases with imminent court deadlines, which is one explanation for why we haven’t seen pause requests in the Ripple and Kraken cases,” reported Fox Business’s Eleanor Terrett on Feb. 19. Ripple’s next court deadline is...

Sam Bankman-Fried, the once crypto wunderkind turned convicted fraudster, appears to have found a new investment thesis – hitching his legal fate to the political winds. After years of playing the role of a prolific Democratic donor, the former FTX CEO is now parroting grievances against the Department of Justice, the judiciary, and the very system that held him accountable for one of the most spectacular financial implosions in recent history. Despite being sentenced to 25...

TL;DR Donald Trump’s endorsement of Ripple on Truth Social, where he shared articles about the company’s US expansion, has fueled speculation within the XRP community about a potential price surge. Ripple CEO Brad Garlinghouse’s meeting with Trump at Mar-a-Lago and rumored role in his crypto advisory council highlight the administration’s increasing engagement with the digital asset sector. Trump’s Potential Support The election of Donald Trump as America’s 47th President...

Faustin-Archange Touadéra, Präsident der Zentralafrikanischen Republik (CAR), hat mit der Einführung eines Meme-Coins weltweit Schlagzeilen gemacht. Das Projekt mit dem Namen $CAR sollte das Land bekannter machen und möglicherweise neue Investoren anlocken. Doch nach einer kurzen Erfolgswelle folgte der Absturz – innerhalb weniger Tage verlor der Coin bis zu 90 % seines Wertes. Today, we are launching $CAR – an experiment designed to show how something as simple as a meme can unite people,...

In a very genial nod to Bitcoin, Cramer asked about the new administration’s plans for crypto and, in his question, drew a comparison to the U.S. strategic petroleum reserve. Will the White House push for something like that? “Yeah, I think so,” Trump answered. But the rest of his answer really showed an understanding of the cryptocurrency sector’s importance to the global economy in terms of first principles. That may be the influence of tech engineer and government...

U.S. President-elect Donald Trump has appointed former college football player Bo Hines to the new crypto council. Announced Sunday, Hines will be onboard as the executive director of the Presidential Council of Advisers for Digital Assets. Trump’s Crypto Council The 29-year-old acknowledged the appointment in a December 23 post on X, writing: “Thank you, Mr. President! It will be the honor of a lifetime to serve in your next administration. Thank you for everything you have...

The growing speculation surrounding a potential presidential pardon for Sam Bankman-Fried (SBF) has been fueled by high-profile figures and shifting political tides. A major Trump ally, Elon Musk, for one, will be “shocked” if US President Joe Biden does not grant an early pardon to the disgraced former CEO of FTX. Crypto, Politics, and Pardons Bankman-Fried, who was convicted in November 2023 on seven charges, including fraud and embezzlement, is currently serving a 25-year...

Ohio State Representative Derek Merrin has introduced House Bill 703, known as the Ohio Bitcoin Reserve Act, in a bid to authorize the state treasurer to invest public funds in BTC. The latest initiative is announced as part of Merrin’s broader vision to leverage innovative financial solutions. The legislation provides the framework for Ohio to incorporate Bitcoin into its state treasury portfolio. Ohio Bitcoin Reserve Act Merrin highlighted concerns about the ongoing...

AAVE, the native token of the decentralized crypto lending platform Aave, surpassed $363 after surging by approximately 30% over the past day. This is the first time since 2021 that the asset has recorded a crucial milestone in a rally powered by a huge wave of coins moving back into circulation. Major AAVE Stakeholders Circulate Dormant Coins As highlighted by Santiment in its latest analysis, this surge is coupled with a significant drop in the “Mean Dollar Invested Age,” a...