Tag: donald trump
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Trump’s Next Fed Chair Could Be Crypto-Friendly
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President Donald Trump is reportedly considering several pro-crypto figures to lead the U.S. Federal Reserve, signalling a potential policy shift toward digital asset innovation at the heart of American monetary policy. According to multiple reports, Federal Reserve Vice Chair for Supervision Michelle Bowman is among five final candidates shortlisted to replace current Chair Jerome Powell,…
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Trump’s Move Sparks Binance-Linked Altcoin Surge
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Former U.S. President Donald Trump has granted a presidential pardon to Changpeng Zhao (CZ), the former CEO of Binance, effectively wiping away his criminal charges related to the Bank Secrecy Act. The announcement has sent shockwaves through the crypto market, particularly benefiting Binance-linked tokens, which witnessed a surge in both trading activity and investor sentiment.…
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Bitcoin and Ether ETFs Face Outflows as Inflation Rises Under Trump Tariffs
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Spot Bitcoin (BTC) and Ether ETFs faced notable outflows on Friday after new US inflation data showed a pickup in price pressures. The Federal Reserve’s preferred measure of core inflation ticked higher, partly driven by President Donald Trump’s new tariff regime, putting pressure on risk assets. Inflation Jumps as Tariffs Bite The US Federal Reserve…
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WLFI Token Launch: Trading, Unlocks, and the First Listings
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The launch of the WLFI token has attracted huge attention across the crypto industry, not only because of its financial scale but also due to its political connections. World Liberty Financial (WLF), the platform behind WLFI, raised $550 million during its presale in 2024, but access to the token was limited to accredited investors under…
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Illinois Targets ‘Crypto Bros’ with Strict Regulations
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Illinois has become the first state in the Midwest to enact strict consumer protections for cryptocurrency users, setting itself apart from states that have embraced looser regulations. Governor JB Pritzker signed two landmark bills this week, taking aim at what he described as the Trump administration’s failure to protect ordinary investors from scams and excessive…
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Altcoin Season Heats Up as Crypto Market Eyes New All-Time High
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The crypto market is surging, with investors increasingly optimistic about reaching a fresh all-time high (ATH). A key driver of this momentum is a major policy shift in the United States, as President Donald Trump has signed an executive order allowing cryptocurrencies to be included in 401(k) retirement plans. Bitcoin’s dominance is slipping, giving altcoins…
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Trump Orders End to ‘Debanking’, Opens 401(k)s to Crypto
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US President Donald Trump is preparing to sign two landmark executive orders aimed at reshaping the country’s financial landscape. The first seeks to end “debanking” the practice of banks cutting off services to customers based on political or religious beliefs, while the second will allow cryptocurrencies and other alternative assets in 401(k) retirement plans. These…
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Trump’s White House to Release Major Crypto Policy Report
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The White House is set to release a highly anticipated cryptocurrency policy report on Wednesday, laying out the Trump administration’s vision for the future of digital asset regulation in the United States. The report, a product of a working group formed by President Donald Trump earlier this year, will address critical areas such as tokenization,…
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Crypto Bills Advance in US House After Historic 9-Hour Vote Delay
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In a major step for cryptocurrency legislation in the United States, the House of Representatives has agreed to move forward with three key crypto bills following a record-breaking nine-hour procedural vote. The delay was caused by internal Republican disagreements over the issue of central bank digital currencies (CBDCs), which some lawmakers strongly oppose. Republican leaders…
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Trump Memecoin Nets $172M for Crypto Exchanges
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In a striking turn of events, the Trump-themed memecoin officially backed by US President Donald Trump has raked in over $172 million in trading fees for major crypto exchanges just six months after launch. According to a Reuters report, the coin’s explosive debut and unprecedented listing speed were driven by massive market demand, despite serious…