The Trump administration announced last week that it approved the applications from five crypto companies to start their own national banks, which was seen as President Donald Trump’s latest effort to help boost the crypto market and return the favor of campaign support by the sector.
The financial firm Cantor Fitzgerald is having its best year ever, raising new questions about grift in the Trump administration since Howard Lutnick’s sons are running the company.
Stablecoins vs CBDCs. Crypto innovation vs. suppression. Stakes not only in the financial sector, but touching every sector including AI and the future of the internet itself.
The New York Stock Exchange (NYSE) announced that it will invest up to $2 billion in Polymarket—a crypto-based prediction market that includes Donald Trump Jr. on its advisory board after an investment from his fund, 1789 Capital.
Donald Trump Jr., President Donald Trump’s son, told a crypto conference in Singapore that stablecoins will eventually be the main catalyst in preserving “dollar hegemony” around the world.
President Donald Trump billed himself as the country’s first pro-crypto leader, and his sons are reaping the benefits—this time with a bitcoin mining company that was just listed on the Nasdaq Stock Market last week that saw its shares pop by about 17 percent—after jumping by as high as 110 percent on the day.
U.S. President Donald Trump’s little boys, Don Jr. and Eric, are moving fast to cash in on their father’s influence in cryptos and have been trying to come up with a few acquisitions in Asia so they can create a BTC reserve like Michael Saylor’s Strategy.
The Chinese regime’s penchant to control and surveil all mechanisms, in order to exert and maintain its political will, is facing greater challenges from crypto technology, now supercharged by the U.S. embrace of it.
Since early 2023, Bitcoin has obviously led the way in terms of recovery from a particularly bleak “crypto winter” period. But is the recent renewed interest and price appreciation of Ethereum just a regular sign of a bull run “altcoin season”, or is something more happening?
The surging popularity of dollar-backed stablecoins could cost the European Central Bank (ECB) its control of monetary policy, according to a study by Jurgen Schaaf, an analyst in the bank’s market infrastructure and payments office.