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.
Tag: crypto
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TRUMP’S FAMILY SEES NEW CRYPTO WINDFALL AFTER BITCOIN-MINING COMPANY’S LISTING
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.
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TRUMP’S SONS LOOK TO ASIA FOR ACQUISITIONS IN EFFORT TO DEVELOP BITCOIN RESERVE
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.
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AS FORECAST: CHINA HAVING TROUBLE RESPONDING TO CRYPTO INNOVATION
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.
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WHY IS ETHEREUM THE “NEW” OLD CRYPTO WUNDERKIND?
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?
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SPOTLIGHT: CRYPTO GOES MAINSTREAM
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.
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SPECIAL REPORT: STABLECOINS ARE TAKING CRYPTO MAINSTREAM
On 17 July, the U.S. House of Representatives passed the first federal legislation governing stablecoins, legitimizing their broad use in finance and commerce. The 308-to-122 vote was broadly bipartisan.
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CRYPTO INNOVATION IS THE PRIZE
Crypto technology represents real innovation compared to current legacy financial—and other institutions and organizational structures.
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SPOTLIGHT: CRYPTO GOES MAINSTREAM
Crypto services company BitGo, stablecoin issuer Circle, and Ripple, a crypto payments business, have applied to be chartered as U.S. banks, the Financial Times reported.
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SPECIAL REPORT: CRYPTO IS BECOMING THE NEW NORMAL
Chinese consumers are using mobile payment systems almost exclusively now, French newspaper Le Monde reported, so much so that cash “has dwindled to near extinction,” it said.