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Tag Archives: Donald Trump

MARA: US Must Dominate Bitcoin Hash Rate to Ensure Financial Sovereignty

Following Donald Trump’s presidential victory and his promise to establish a strategic Bitcoin reserve, momentum has surged around the idea of integrating Bitcoin into the nation’s economic and geopolitical strategy. In the latest development, crypto miner MARA Holdings has urged the United States to aggressively pursue leadership in the sector and in Bitcoin mining, positioning the asset as a matter of national security. Dominating Critical Components of Bitcoin In a recent...

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CFTC Could Lead Crypto Regulation Revolution as Trump Administration Reshapes Jurisdiction

After years of positioning itself as the dominant regulatory force in the digital asset space, often at odds with crypto advocates, the Securities and Exchange Commission (SEC) faces a significant shift in jurisdictional control. Amidst mounting frustration with the agency’s combative approach, the incoming Trump administration is pushing to expand the Commodity Futures Trading Commission (CFTC) ‘s powers, granting it jurisdiction over the $3 trillion crypto market. More CFTC...

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Charles Schwab to Launch Spot Crypto ETFs if Regulations Change

Asset manager Charles Schwab could enter the crypto exchange-traded fund (ETF) market following comments made by incoming CEO Rick Wurster. Wurster told Bloomberg that the company would offer spot digital currency trading if the U.S. regulatory environment changed. Regulatory Environment Will Change Eventually In a November 21 interview, the financial services company’s incoming head said it could make a strategic shift and enter the spot crypto ETF market in anticipation of...

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Here’s What Users Expect as Donald Trump Begins Tenure as Crypto President: Bybit

It’s been barely a few weeks since the pro-crypto candidate Donald Trump won the United States presidential elections, and the digital asset market still feels the impact of that victory. As the Trump administration prepares to take complete charge of affairs at the White House by January, crypto users anticipate what this could mean for the industry. According to a quarterly institution report by the digital asset exchange Bybit and the crypto research firm Blocks Scholes,...

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Trump Reportedly Mulling Pro-Crypto Lawyer to Replace Gensler as SEC Chair

The Trump transition team is considering pro-crypto lawyer Teresa Goody Guillén as a potential SEC chair candidate, according to reports. Guillén is currently a partner at BakerHostetler and co-lead of its blockchain team. Last week, Gary Gensler released a statement that suggested he was leaving the agency, and the debate over his replacement has heated up. “As Trump searches for a pro-crypto SEC Chair, crypto prices will likely continue to rise,” predicted the Kobeissi...

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Why Did Ripple’s (XRP) Price Explode to 8-Month Peak Above $0.7?

The bull rally that was induced and propelled by Donald Trump’s victory in the 24 US presidential elections last week seemed to have missed Ripple’s native token, at least until earlier today. XRP managed to chart some gains in the past week, but it was nothing compared to the massive price surges seen from the likes of Bitcoin, Cardano, Dogecoin, Shiba Inu, and many others. XRPUSD. Source: TradingViewThe landscape for XRP, which lost some positioning to DOGE in the top 10...

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How High Can Cardano (ADA) Go With Hoskinson Helping Create US Crypto Policy?

TL:DR; IOG founder Charles Hoskinson said he will be a part of a team working to create regulatory policy for crypto during the Trump administration. ADA’s price jumped immediately to a multi-month high, but Perplexity now speculates about a potential top. Perhaps the most notable piece of news for the cryptocurrency industry this weekend came from IOG’s founder, Charles Hoskinson. As reported earlier, he outlined his plans for 2025, indicating that he will spend a big...

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Cynthia Lummis Reaffirms Vision for a Strategic Bitcoin Reserve in America

Wyoming Senator Cynthia Lummis has reiterated her commitment to establishing a strategic Bitcoin (BTC) reserve for the United States. The lawmaker, known for her strong pro-crypto stance, highlighted these plans following the recent Republican victories in the Senate, more so of largely digital asset-friendly legislators. Senator to Move Forward With Strategic BTC Reserve Bill In a November 6 post on X, Lummis confidently declared, “We are going to build a strategic Bitcoin...

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Justin Sun Proposes Job Opportunity to SEC Chair Gary Gensler

Tron founder Justin Sun has offered Gary Gensler, the beleaguered chair of the U.S. Securities and Exchange Commission (SEC), a job. The offer came to light in a recent X post, in which Sun expressed his willingness to hire Gensler provided he could “genuinely treat the crypto industry with sincerity.” SEC Chair Gets a Lifeline This unexpected invite comes as the crypto community is celebrating Donald Trump’s return to the White House. Since he was last president, Trump has...

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This Viral Streamer Lost $700K Worth of BTC Betting on Kamala Harris to Win

TL;DR Popular Canadian online streamer missed a profit of almost $1 million worth of BTC after betting on Harris to become president. Trump’s victory fueled a crypto rally, with bitcoin reaching a new peak of over $75K. Betting on the Wrong Horse? The US presidential elections are undoubtedly among this year’s hottest topics. The latest results show that the 47th president of the country will be Republican Donald Trump, who secured vital victories in swing states like...

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