Cryptocurrency analyst James Van Straten has dismissed speculation that US President-elect Donald Trump might declare a Bitcoin strategic reserve through an executive order upon taking office, Yahoo Finance reports. Van Straten dismissed the likelihood of such a public move, stating that Trump, while supportive of Bitcoin, would more likely accumulate ...
Cardano founder Charles Hoskinson has congratulated Bo Hines on his appointment as the executive director of the Presidential Council of Advisers for Digital Assets, informally called the "Crypto Council." The U.S. President-elect Donald Trump announced the appointment on December 22 through a post on Truth Social. Hines, a former college ...
Analysts at Matrixport have suggested that Donald Trump's potential picks for key roles at the U.S. Treasury, Commerce Department, and possibly the Securities and Exchange Commission could usher in a crypto-friendly era. The crypto-based financial services platform released a report suggesting that the narrative in the country around Bitcoin as ...
Executives from major crypto firms, including Ripple, Kraken, and Circle, are vying for seats on the crypto advisory council proposed by U.S. President-elect Donald Trump, according to a Reuters report published on November 22. Trump's team is reportedly deliberating the council's structure and membership. Reuters quoted anonymous sources suggesting firms ...
MicroStrategy CEO Michael Saylor has predicted that Bitcoin will reach $100,000 by the end of 2024. In a November 14 interview with CNBC, Saylor shared his optimism, announcing plans for a "New Year's Eve" celebration to mark Bitcoin's potential all-time high. "I believe Bitcoin will continue to rise from here. ...
HashKey Group chairman Xiao Feng has suggested that U.S. President-elect Donald Trump's pro-crypto policies could eventually influence China to rethink its approach to digital assets. In an interview with the South China Morning Post, Xiao proposed that a strong commitment from Washington to support the cryptocurrency industry might prompt Beijing ...
Arthur Hayes, the founder of BitMEX and CIO of Maelstrom, has challenged the widespread belief that former U.S. President Donald Trump supports Bitcoin. During a recent interview with Channel News Asia, Hayes declared that if Trump were to be re-elected, his administration would likely not favour Bitcoin through direct regulation ...
The U.S. Treasury Department has described cryptocurrencies as more of a consumer risk than a tool for advancing financial accessibility in its National Strategy for Financial Inclusion unveiled on October 29. The Department developed the strategy document in response to a Congressional mandate, and it seeks to expand Americans' access ...
David Marcus, former president of PayPal and current CEO of Lightspark, has publicly endorsed former President Donald Trump for re-election. In a post on the social media platform X, Marcus expressed his support for the Republican Party, stating that he had reached this decision after reassessing his views. Marcus, who ...
U.S. Republican Senator from Wymoing, Cynthia Lummis, is reportedly set to propose new legislation that would recognize Bitcoin as a mainstream financial asset. According to a report from Fox Business, Lummis has been quietly drafting a bill that would require the Federal Reserve to hold Bitcoin as a strategic reserve ...
