News with the tag "Donald Trump"

Bitcoin held firm above the six-figure mark this week, supported by a cautiously optimistic market, though momentum stalled by week’s end as new catalysts failed to emerge. Broader market growth continued, with the total crypto market cap rising 2.4% to $3.42 trillion by Friday. Sentiment cooled onl...

U.S. consumer sentiment hits near-record low amid rising inflation worries and tariffs. Gulf tech deals boost U.S. dollar stability and deepen U.S.-China strategic balance. Stablecoin wallets grew 53% in one year, showing rising crypto adoption globally. During his recent Middle East trip, President...

Eric Trump stated that everybody in the world is trying to hoard Bitcoin right now. He labeled SWIFT as a disaster Trump’s son said that his company American Bitcoin will rival MicroStrategy. In a recent interview, Eric Trump emphasized the global rush to accumulate Bitcoin, stating that everybody i...

World Liberty Financial Inc. has denied claims of ties to Bill Zanker and his entity, calling these assertions unfounded. Blumenthal Claims Based on ‘Fundamentally Flawed Premise’ The Trump family-affiliated cryptocurrency company World Liberty Financial Inc. (WLFI) has rejected as unfounded asserti...

Lawmakers from both parties appear to be working to revive stablecoin legislation, after a failed vote linked to controversy over Donald Trump’s crypto ventures. Lawmakers in both parties are trying to quickly bring back the GENIUS Act, a stablecoin bill backed by the crypto industry giants, after i...

Nasdaq-listed GD Culture Group plans to allocate up to $300 million from a stock purchase agreement toward acquiring BTC and TRUMP for its corporate treasury, signaling a strategic pivot toward decentralized finance. GDC to Build Crypto Reserve with $300 Million Stock Deal GD Culture Group Limited (...

The collapse of a procedural Senate vote on stablecoin legislation (GENIUS Act) Thursday underscores the challenges of keeping cryptocurrency policy bipartisan. Once poised for smooth passage, the bill was derailed after last-minute Democratic objections and a lack of time to review final text — des...

The nation of Saudi Arabia is reportedly forgoing formal membership in the intercontinental economic alliance BRICS as a means of avoiding antagonizing the US. According to a new report by Reuters, two anonymous sources familiar with the matter say that Saudi Arabia – which was invited to BRICS in 2...

Bitcoin is back trading above the psychological $100,000 price level like it never left. After months of declines, the leading cryptocurrency has reclaimed $100,000 for the first time since January, and the crypto Fear and Greed Index is now back into the greed threshold. Interestingly, this break a...

WSJ reports that China is eyeing potential assistance in cracking down on the fentanyl trade in North America as a possible pretext for starting China-U.S. trade negotiations. Fentanyl overdoses take the lives of dozens of thousands of people in the U.S. and Canada annually. China is a key player in...