Tagged: donald trump

March 5, 2025 @ 10:40 am By JD Alois  |  

Following President Donald Trump’s announcement of his intent to create a Crypto Strategic Reserve, certain digital assets saw their prices rocket—only to collapse in the ensuing days. For example, Bitcoin, the most popular crypto in the world, rose by 10%. XRP jumped 33%, and AdA rocketed by 65%. But… Read More

March 3, 2025 @ 10:57 am By JD Alois  |  

President Donald Trump once again surprised the world with a bold declaration yesterday: His administration intends to pursue a Strategic Crypto Reserve. While details remain sparse, XRP, SOL, ADA, BTC, and ETH are anticipated to be included in the holdings. Switzerland-based Digital Asset Bank Sygnum… Read More

March 3, 2025 @ 8:22 am By Omar Faridi  |  

On March 2, 2025, U.S. President Donald Trump sent shockwaves through the cryptocurrency ecosystem with his announcement of a so-called strategic crypto reserve featuring Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano’s ADA token. Unveiled via Truth Social, Trump’s vision to position the U.S…. Read More

March 2, 2025 @ 8:06 pm By Omar Faridi  |  

A little over a month into the Trump Administration, the U.S. finds itself at a crossroads of economic upheaval and transformative policy shifts. Businesses and consumers in the US are now grappling with uncertainty as proposed tariffs loom over major trading partners—25% on Canada and… Read More

March 2, 2025 @ 6:22 pm By JD Alois  |  

President Donald Trump has announced his intent to create a Crypto Strategic Reserve that includes XRP, SOL, and ADA. The statement was made on TruthSocial. David Sacks, the Administration’s Crypto and AI Czar, commented on X that Bitcoin and other top cryptocurrencies will be part… Read More

March 1, 2025 @ 1:00 pm By Omar Faridi  |  

The U.S. Securities and Exchange Commission (SEC) has recently changed its overall approach to crypto-related enforcement actions, signaling a potential switch in its once-aggressive “regulation by enforcement” strategy. On February 26, 2025, the SEC and Tron founder Justin Sun jointly requested a pause in their… Read More

March 1, 2025 @ 12:56 pm By JD Alois  |  

As the Trump Administration seeks to pursue policy that enhances artificial intelligence (AI) development as the world competes to dominate the emerging tech, the executive branch has asked for feedback on AI innovation as part of an executive order by the White House that is… Read More

February 19, 2025 @ 5:23 pm By Omar Faridi  |  

Donald Trump’s first 30 days of his second term as President of the United States have been quite eventful. To mark the occasion, Saxo Bank spoke to Trump’s former Communications Director, Anthony Scaramucci, to get his take on Trump’s first month. Scaramucci is probably best known for… Read More

February 14, 2025 @ 2:02 pm By Tony Zerucha  |  

An anonymous study of 35,000 users of the finance app Piere suggests Millennials doubt President Donald Trump’s cost-of-living promises as credit debt rises and milestones are delayed, a new report finds. Five out of six do not expect him to reduce their cost of living…. Read More

February 10, 2025 @ 8:56 am By Tony Zerucha  |  

While the tumult over tariffs caused some market fluctuations this week, a pair of industry executives believe all signs point positive for cryptocurrencies. Galxe cofounder Charles Wayn said this week’s market volatility doesn’t detract from what has been a historic bull. “Certain geopolitical tensions and… Read More

February 4, 2025 @ 5:46 pm By JD Alois  |  

Newly appointed Crypto and AI Czar David Sacks held a press conference today as part of the week one objectives of President Donald Trump. Sacks took to the podium and lambasted the last four years of persecution and prosecution under the Biden Administration, which included… Read More

January 29, 2025 @ 9:46 am By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is holding steady around the $100,000 mark as investors await the Federal Open Market Committee (FOMC) meeting. After a modest 3-4% correction on Tuesday (January 28), the leading cryptocurrency rebounded, reflecting cautious optimism among investors ahead of key policy remarks…. Read More

January 28, 2025 @ 8:21 am By Tony Zerucha  |  

In the early days of his second administration, Donald Trump wasted little time capitalizing on the current cryptocurrency craze, one he’s helped to create. Trump launched the $TRUMP meme coin, whose value soared by more than 300% in less than a day. $TRUMP’s market cap… Read More

January 27, 2025 @ 4:08 pm By Tony Zerucha  |  

Donald Trump’s inauguration has generated speculation on a range of financial issues. Continue reading for a selection of industry commentary. Cryptocurrency “The most important development will be the legal certainty that comes from a more friendly US regulatory regime. We are now likely to see… Read More

January 24, 2025 @ 10:59 am By JD Alois  |  

President Donald Trump sent a memorandum to the incoming Secretary of the Treasury announcing the end of the Global Tax initiative established under the Biden Administration. There are many reasons why the Global Tax was a bad deal to begin with, and Trump’s action is… Read More

January 24, 2025 @ 9:23 am By JD Alois  |  

Yesterday, President Donald Trump signed an Executive Order supporting digital asset development. The order seeks to ensure US leadership in digital financial technology. A working group will soon be established chaired by the White House AI & Crypto Czar, David Sacks, and include the Secretary of… Read More

January 23, 2025 @ 5:33 pm By JD Alois  |  

President Donald Trump signed an Executive Order today that aims to keep the US at the forefront of Artificial Intelligence (AI) development. The EO revokes “certain existing AI policies and directives” that have been deemed to undermine AI innovation. The goal is to clear a… Read More

January 23, 2025 @ 5:19 pm By JD Alois  |  

The Executive Orders keep coming out of the White House. Today, President Donald Trump signed several big ones – including an Executive Order that aims to ensure US leadership in digital financial technology or Fintech, including AI and digital assets. The Order establishes a Presidential… Read More

January 22, 2025 @ 3:47 pm By Omar Faridi  |  

The concept of a U.S. strategic bitcoin reserve under the Trump administration has garnered attention, with Coinbase (NASDAQ:COIN) CEO Brian Armstrong suggesting it as a realistic possibility. Speaking at the World Economic Forum in Davos, Armstrong remarked on Trump’s apparent enthusiasm for cryptocurrency, stating: “He… Read More

January 22, 2025 @ 12:26 pm By JD Alois  |  

The new Trump administration has moved quickly to reverse the Biden administration’s anti-digital asset innovation policies. This week, Commissioner Mark Uyeda was selected as the acting Chair of the SEC. His first act was to create a Crypto Task Force led by Commissioner Hester Peirce,… Read More