Tag: Trump
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Ripple Leads $8 Million Crypto Donations to Trump-Vance Inauguration
Ripple has announced a $5 million XRP donation to support the inauguration celebrations for President-elect Donald Trump and Vice President-elect J.D. Vance. The contribution is part of a broader trend of crypto firms supporting the upcoming administration. Major Crypto Firms Step In Coinbase and Kraken have each contributed $1 million to the Trump-Vance Inaugural Committee,…
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President Trump Appoints David Sacks as AI and Crypto Czar
President-elect Donald Trump has announced the creation of a new position in the White House, appointing venture capitalist David Sacks as the “AI and Crypto Czar.” This role aims to shape policies for artificial intelligence and cryptocurrency, aligning with Trump’s goal of establishing the United States as the “crypto capital of the planet.” Sacks, a…
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Trump Media’s Crypto Push: Trademark for TruthFi and Bakkt Acquisition Talks
President-elect Donald Trump’s media firm, Trump Media & Technology Group (TMTG), is making a bold move into cryptocurrency. The company recently filed a trademark for a new service, TruthFi, which could include digital wallets, crypto payments, and trading. Alongside this, TMTG is in advanced talks to acquire the digital asset platform Bakkt in an all-stock…
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Bitcoin Hits Record High, Approaches $100,000
Bitcoin reached a new all-time high of $97,500 on Thursday, continuing a rally fueled by shifting market dynamics and optimism over U.S. regulatory developments. The cryptocurrency’s price is now less than 3% away from the $100,000 milestone, marking a historic moment for digital assets. Key Points: Catalysts for the Rally The ongoing rally has been…
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Trump Creates Department of Government Efficiency, Appoints Musk and Ramaswamy as Heads
President-elect Donald Trump has announced the creation of a Department of Government Efficiency (DOGE), appointing Elon Musk and Vivek Ramaswamy to lead it. The new agency, focused on slashing government waste and bureaucracy, aims to streamline federal operations and reduce regulatory burdens. Key Points: Trump described DOGE as a “gift to America” for the 250th…
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Trump Considers New SEC Head as Gensler’s Future Uncertain
President-elect Donald Trump is actively seeking replacements for SEC Chair Gary Gensler. His transition team is reviewing candidates from finance, law, and regulatory sectors. Gensler’s term is set to end in 2026, but Trump has committed to replacing him sooner. Key Candidates and Their Views Several high-profile figures are reportedly being considered for the SEC…
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Bitcoin hits ATH; crosses $75,000 as Trump leads close race
Bitcoin surged past $75,000 on Tuesday night, setting a new all-time high, fueled by investor optimism tied to the ongoing U.S. election. The cryptocurrency gained more than 10% in just 24 hours, reflecting market enthusiasm for former President Donald Trump’s possible return to the White House and his pro-crypto stance. Key Points: Bitcoin’s rally highlights…
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Trump’s memecoin MAGA hits 100,000 holders in election week.
A memecoin on Donald Trump – MAGA, has reportedly hit 100,000 holders across all chains. This comes at a very opportune time with the US Presidential elections this week. The memecoin is famous for the good deeds it sponsors like US Veteran help and child trafficking prevention. So far, there have been donations worth more…
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Trump re-vows to “save” Ross Ulbricht
Former President Donald Trump reaffirmed his commitment to commuting Ross Ulbricht’s sentence, the man behind the Silk Road darknet marketplace. In a Truth Social post on Wednesday, Trump responded to Ulbricht’s remarks about starting his 12th year in prison, stating, “I will save Ross Ulbricht.” At the convention, Trump made his stance clear, saying, “And…
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Bitcoin to reach $90k if Trump wins, $30k if Kamala does: Bernstein
Bitcoin’s future could greatly hinge on the outcome of the upcoming U.S. presidential election, according to analysts from Bernstein. They foresee vastly different trajectories for the cryptocurrency based on whether Donald Trump or Kamala Harris wins. If Trump secures the presidency, bitcoin could soar to between $80,000 and $90,000 by the end of 2024. However,…