Showing articles in Donald Trump

Bitcoin Surges Past $105K on Anticipation of Trump's Presidency

As cryptocurrency enthusiasts await the new presidential administration, Bitcoin has reached a remarkable price high, raising hopes for favorable policies.

Policy

Resignation of SEC's General Counsel Signals Shift Ahead of Trump's Era

With the departure of key legal officials, the SEC prepares for a new chapter under President-elect Trump.

Policy

Bessent Rejects Central Bank Digital Currency as Treasury Nominee

Scott Bessent, nominated by President-elect Trump for Treasury Secretary, expresses opposition to the idea of a U.S. central bank digital currency during his Senate hearing.

Policy

Trump's Proposal of Altcoin Reserves Raises Eyebrows Among Market Analysts

Experts express skepticism over the idea of a national reserve of cryptocurrencies like Solana and XRP, alongside growing buzz around Trump's inauguration.

Crypto

Bitcoin Set to Reach New Heights as Trump's Inauguration Approaches

Traders anticipate Bitcoin could surpass its previous record as President-elect Donald Trump's inauguration looms, fueled by favorable market conditions.

U.S. Policy

Challenges for Crypto Banking in the U.S. Under Trump's Administration

Anticipated changes in the U.S. regulatory landscape could reshape the interaction between the banking sector and cryptocurrency assets with the new administration.

Finance

Crypto Market Recovery: Dogecoin and XRP Surge as Bitcoin Approaches $97K

The recent bounce in cryptocurrency values, led primarily by Dogecoin and XRP, raises expectations ahead of key economic reports.

Politics

Scott Bessent, Trump's Treasury Nominee, to Liquidate Bitcoin ETF Investments

The Treasury nominee plans to divest Bitcoin ETF holdings and other investments to avoid conflicts of interest.

Policy

CFTC's Crypto Enforcement Chief Resigns Ahead of Trump's Inauguration

Ian McGinley steps down from the Commodity Futures Trading Commission just days before President-elect Donald Trump's inauguration, following a notable tenure focused on cryptocurrency regulation.

Crypto

XRP Sees Spike in Interest Following Dinner Between Ripple CEO and Donald Trump

The XRP token surged more than 2% on Wednesday, diverging from the losses seen across the cryptocurrency sector.

Policy

CFTC Chair Behnam Announces His Departure on Inauguration Day

Rostin Behnam, the Chairman of the CFTC, will step down from his role on January 20, aligning with the inauguration of Donald Trump.

Politics

Mike Johnson Secures Re-Election as House Speaker with Trump's Support

Louisiana's Republican representative is seen as a strong ally for the cryptocurrency sector.

Policy

Mike Johnson Retains House Speaker Position Backed by Trump

Louisiana's Mike Johnson secures his position as House Speaker, leveraging support from Trump.

Finance

Dollar's Rally Mimics Trump's Initial Term: A Look by Van Straten

The DXY index has risen over 3% since the recent election, mirroring patterns observed during Trump's first presidential term.

Finance

Dollar's Post-Election Trends Reflect Trump's Initial Term Patterns

The DXY index has risen over 3% since the election, echoing trends from Trump's first presidential term.

Policy

JPMorgan Says Trump's Administration Merely Marks the Start of a New Era for U.S. Cryptocurrency

JPMorgan reports that the current Trump administration is set to transform the U.S. crypto landscape as the most challenging regulatory phase appears to be over.

Crypto

Bitcoin Faces $100K Challenge as Trump’s Optimistic Comments Lose Momentum

Bitcoin's price fluctuated around $102,500 following comments from President Trump about embracing cryptocurrencies. However, broader market pressures led to a decline.

Policy

Donald Trump: Championing Cryptocurrency

Following his July address at the Bitcoin Conference, Trump positions himself as a proponent of the crypto industry, signaling potential regulatory changes in 2025.