Tag: donald trump
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Bitcoin Eyes $100K Amid Regulatory Optimism
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Bitcoin surged close to the $100,000 milestone, fueled by growing optimism surrounding potential regulatory shifts in the United States. The cryptocurrency hit a high of $97,361 before stabilising at $95,640 in early Thursday trading, marking its biggest two-week gain. Regulatory Optimism Fuels Market Confidence Investors are bullish on the prospect of crypto-friendly leaders taking charge…
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Trump’s Crypto Policies Could Open Doors for Extremists
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Donald Trump’s potential return to the White House promises a crypto-friendly presidency, with proposed regulatory rollbacks likely to impact diverse stakeholders. While cryptocurrency investors welcome this shift, experts warn that such policies could also empower extremist and terrorist groups. Looser Regulations and Extremist Financing Trump’s pro-crypto stance includes promises to integrate digital currencies into mainstream…
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Bitcoin and Crypto Markets Tumble: $200 Billion Wiped Out
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Bitcoin has faced a sharp correction, crashing to $90,000 from its recent high of nearly $100,000. This sudden drop has erased $200 billion from the crypto market’s total value, now standing at $3 trillion. Analysts are pointing to excessive leverage in the system and geopolitical uncertainties as key factors behind the downturn. Wall Street Leak…
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Elon Musk Confirms X Payments Game-Changer, Boosts Crypto Market
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Tesla CEO and X owner Elon Musk has sparked fresh excitement in the crypto market, subtly confirming plans to integrate digital payments into his “everything app,” X (formerly Twitter). This revelation has sent cryptocurrencies, including bitcoin and dogecoin, surging in anticipation of wider adoption. Bitcoin Eyes $100,000 Milestone Bitcoin has rebounded, nearing the $100,000 psychological…
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Trump Nominates Pro-Crypto Hedge Fund Manager for Treasury Secretary
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U.S. President-elect Donald Trump has chosen Scott Bessent, a cryptocurrency enthusiast and hedge fund manager, as his pick for Treasury Secretary. If confirmed by the Senate, Bessent’s signature will grace U.S. paper currency, representing a notable shift toward a pro-digital asset stance in government. Bessent, the founder of Key Square Group, a macro investment firm,…
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Bitcoin Surges as SEC Chair Gary Gensler Announces Resignation
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Gary Gensler, chair of the US Securities and Exchange Commission (SEC) and a prominent critic of the cryptocurrency industry, has announced his resignation. Gensler will officially leave his position on 20 January 2025, the day Donald Trump is inaugurated as the next US president. In a post on X, Gensler expressed gratitude to President Joe…
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Bitcoin Eyes $100K Milestone, But Analysts Warn of Possible Correction
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Bitcoin recently surged to an all-time high of $98,367, driven by speculation that President-elect Donald Trump’s administration may create a dedicated cryptocurrency policy role. The rally has sparked optimism for Bitcoin to breach the $100,000 milestone by late 2024, with crypto betting platforms showing 92% confidence in this price target. This bullish momentum has also…
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Trump’s Crypto Vision Gains Momentum with Coinbase and Bakkt Talks
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Donald Trump, the president-elect of the United States, is swiftly delivering on his pro-crypto campaign promises. From forging ties with Coinbase to exploring acquisitions in the crypto sector, Trump’s vision of making America a “crypto capital” is taking off. Meeting with Coinbase CEO Trump is set to meet Coinbase CEO Brian Armstrong in the coming…