News with the tag "TRUMP"

President Trump is set to appoint a new Federal Reserve governor following Kugler's resignation and has dismissed the Bureau of Labor Statistics (BLS) head, Erika McEntarfer, amid disputes over a jobs report.

U.S. President Donald Trump's upcoming Federal Reserve and Bureau of Labor Statistics appointments could signal a shift towards 'rate-cut friendly' policies, potentially impacting the cryptocurrency market by fostering a 'risk-on' environment.

Trump Media & Technology Group reported a $20M Q2 loss but showed growth in sales and operating cash flow, while announcing plans for a utility token and exploring crypto ETFs to expand into fintech.

Trump Media has announced plans for a 'Truth Token' and wallet in an SEC filing, alongside pursuing crypto ETFs and holding $2B in Bitcoin-related assets, as part of its ecosystem expansion.

An analysis suggests that the Trump administration's $3.7 trillion stablecoin plan could significantly boost Bitcoin's price, with projections ranging from $600,000 to $1.4 million, driven by increased capital flow into the crypto ecosystem.

Cryptocurrency markets experienced volatility due to concerns over Trump's tariff policies and Fed rate signals, with Bitcoin and Ether stabilizing after significant outflows, while XRP led gains.

Trump Media & Technology Group, despite a $20 million Q2 net loss, announced plans to launch the Truth Social Token, a utility token integrated with its platforms to enhance user engagement and explore new monetization models.

Bitcoin struggles below $120K amid rising macroeconomic risks and a downturn in the altcoin market, with key factors including Fed policy uncertainty, increased tariffs, and weak institutional flows contributing to the decline.

Trump Media and Technology Group disclosed a $2 billion Bitcoin treasury and a $300 million options strategy in its Q2 2025 earnings, marking its first quarter of positive operating cash flow.

The content appears to be promotional material for a cryptocurrency called Floppypepe ($FPPE), described as an AI meme token with potential for high returns.