Tag: donald trump
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Trump’s Bitcoin NFT Collection: Exclusive Cards Spark Excitement
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Donald Trump has entered the Bitcoin Ordinals space with a highly exclusive NFT collection, marking his fifth NFT release. This latest venture highlights Trump’s evolving presence in the crypto world as his digital collectibles continue to attract attention. Trump’s Bitcoin Ordinals Debut The newly minted collection, named “Trump Bitcoin Digital Trading Cards,” consists of just…
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Bitcoin and Ether Dip Amid Inflation Fears and Market Volatility
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Bitcoin and Ether prices experienced a sharp decline on Wednesday, reversing gains made earlier this week. Bitcoin dropped 5% to $96,527 after briefly surpassing the $100,000 mark, while Ether tumbled 8.5% to $3,353. Other major cryptocurrencies, including Dogecoin and Avalanche, also faced double-digit losses. The Block’s GMCI 30 index, which tracks the top 30 cryptocurrencies,…
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XRP Leads Crypto Decline as Strong Dollar Pressures Markets
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Cryptocurrency markets faced a sharp downturn as the dollar strengthened, causing XRP to lead losses and bitcoin (BTC) to retreat. Here’s a look at the factors contributing to the market’s slide and insights into its potential trajectory. XRP Drops 5%, Leading Crypto Losses XRP fell by over 5% in the past 24 hours, marking the…
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Trump’s Crypto Surge: A Game Changer for Global Digital Assets?
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Donald Trump’s recent pro-cryptocurrency stance is poised to shake up the global digital asset landscape, creating a stark contrast between the US’s evolving approach and the EU’s stringent new rules. As the former president positions the US as the “crypto capital of the planet,” industry players are reassessing their priorities, potentially to Europe’s detriment. Trump’s…
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Stablecoins are used by Space X to reduce foreign exchange concerns.
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On December 20, in an all-in podcast, Chamath Palihapitiya, founder at Social Capital said that the Space Exploration Technologies Corp., also known as SpaceX uses stablecoins to dodge foreign exchange risks. Foreign exchange risk is the term given to the risk of losses that could appear from extreme volatility in a currency. Let’s say, if…
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Trump Champions Crypto Leadership at Washington Policy Summit
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At the Washington Crypto Policy Summit hosted by the Blockchain Association, President Donald Trump reiterated his administration’s commitment to establishing the U.S. as a global leader in the cryptocurrency space. In his goodwill address, Trump highlighted the importance of fostering innovation within the U.S. to prevent the dominance of competitors like China. “Our business must…
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Trump’s Crypto Portfolio: TROG Surpasses Ethereum
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Donald Trump’s cryptocurrency portfolio has taken an unexpected turn, with TROG emerging as his largest digital asset, surpassing Ethereum. Recent data from Arkham Intelligence reveals the former U.S. President holds $8.1 million in cryptocurrencies, with TROG dominating at 27% of his holdings. TROG Leads Trump’s Crypto Investments TROG, a meme coin inspired by Trump himself,…
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Trump Appoints David Sacks as AI and Crypto Czar
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U.S. President-elect Donald Trump has appointed former PayPal COO David Sacks as the “White House AI & Crypto Czar.” The announcement, made on Trump’s social platform Truth Social, underscores his administration’s focus on establishing regulatory clarity for cryptocurrencies and artificial intelligence (AI). Sacks, a prominent venture capitalist and member of the “PayPal Mafia,” will oversee…
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Trump Taps Paul Atkins as SEC Chief, Pledges Crypto-Friendly Future
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President-elect Donald Trump has nominated Paul Atkins as the new chair of the Securities and Exchange Commission (SEC), signalling a shift toward pro-business policies and looser regulation, particularly in the fast-evolving cryptocurrency market. A former SEC commissioner under President George W. Bush, Atkins is known for his conservative stance on financial regulation and his support…
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Bitcoin Breaks into the Top 10 Largest Currencies Globally
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Bitcoin, the pioneering cryptocurrency, has made history by becoming the world’s 10th largest currency by market capitalisation. With 19.8 million BTC valued at $2.04 trillion, Bitcoin’s meteoric rise cements its status as one of the most influential assets in global finance. A Remarkable Journey to the Top Since its inception in 2009, Bitcoin has grown…