The United States could amass more than 1 million Bitcoin over the next five years if authorities decide to sell a portion of the country’s gold reserves, according to a new analysis by Singapore-based blockchain firm Matrixport. In a March 7 post on X, Matrixport analysts estimated that selling 15% ...
U.S. President Donald Trump’s recent executive order on cryptocurrency may disrupt the market’s traditional four-year boom-and-bust cycle, according to Matt Hougan, chief investment officer at Bitwise. In a note dated January 29, Hougan described Trump’s sweeping January 23 order as a catalyst for the “full mainstreaming of crypto,” opening the ...
In a bold political and economic maneuver, US President elect Donald Trump is reportedly considering an executive order to designate Bitcoin as a U.S. reserve asset when he returns to office in 2025. This proposal, closely tied to the Dollar Stabilization Act, has sparked intense debate in the financial world ...
In a move that underscores the growing influence of Silicon Valley in national policy, President-elect Donald Trump has appointed venture capitalist David Sacks as his artificial intelligence (AI) and cryptocurrency "czar," along with naming him head of the President’s Council of Advisors on Science and Technology. This unprecedented decision has ...
U.S. President-elect Donald Trump has appointed venture capitalist David Sacks, co-founder of Craft Ventures, as the first-ever White House AI and Crypto Czar. Trump announced the move in a post on Truth Social on December 6. He expressed confidence in Sacks' ability to drive progress in these critical fields. "I ...
According to the results of a new survey, cryptocurrency will significantly influence voters' choice of candidates in the upcoming 2024 U.S. presidential election. The survey, which was conducted by The Digital Chamber, a crypto trade association, revealed that one in seven respondents indicated that cryptocurrency would be a crucial factor ...
The political action committee backing Donald Trump's presidential campaign, known as Trump 47 PAC, has raised $7.5 million in cryptocurrency since June 2024. According to Business Insider, contributors donated using various digital currencies, including Bitcoin, Ethereum, XRP, and stablecoins such as USDC and Tether. The Trump 47 Committee PAC, in ...
U.S. presidential candidate Donald Trump's latest non-fungible token (NFT) collection raked over $2.2 million in sales just days after its launch. According to recent data from Polygonscan, the "America First" NFT collection had 22,360 mints and 1,210 holders. With each mint priced at $99, the collection is estimated to have ...
Former President and the leading Republican presidential candidate, Donald Trump, has called for the U.S. government to prioritize developing the cryptocurrency industry rather than "selling it off." During a recent livestream with YouTuber Adin Ross, Trump stressed the importance of building and strengthening the U.S. crypto sector to maintain competitiveness ...
As the 2024 U.S. presidential election shapes up for a rematch between former President Donald Trump and current President Joe Biden, the cryptocurrency industry is proving to be a significant factor in the fate of both contestants. Trump, who hasn't always been a fan, is now positioning himself as a ...
