Senator Cynthia Lummis Proposes Fed Gold Sale To Buy 1M Bitcoin
Senator Cynthia Lummis proposes selling U.S. gold reserves to buy 1M bitcoin for a national reserve without increasing debt. Senator Cynthia Lummis, a Republican from Wyoming, has proposed a plan to sell a portion of the gold holdings owned by the Federal Reserve of the United States in order to raise money for the acquisition […]
Donald Trump To Establish US As Crypto Capital- Here’s How
Donald Trump intends to establish the US as the global crypto capital by implementing pro-crypto policies and appointing industry-friendly candidates to critical regulatory positions. To accomplish his campaign pledge to establish the United States as the “crypto capital of the world,” President-elect Donald Trump is preparing to transition the U.S. government to a more crypto-friendly […]
Peter Schiff Criticizes Trump’s Bitcoin Reserve Plan
Peter Schiff warns that the proposed U.S. Bitcoin Reserve could harm the economy by spiking Bitcoin’s price and benefiting early investors. Peter Schiff, a prominent critic of Bitcoin, has expressed his disapproval of the strategic Bitcoin Reserve idea, raising concerns about its potential implementation should former President Donald Trump win re-election. Many influential industry leaders […]
Tesla Stock Price Soars 8% Amid Trump Trade
Tesla’s market cap hit one trillion dollars, rising 8% on Trump’s re-election, with expectations of eased regulations boosting its AI and FSD. As the market capitalization of Tesla surpassed one trillion dollars, the company’s stock shares increased by eight percent on Monday, building on the postelection bounce that occurred the previous week. The rise in […]
Cardano Founder Reports Crypto Advisor Role Under Trump
Charles Hoskinson, Cardano founder, intends to work with the United States government to develop crypto legislation that will facilitate more transparent industry regulations. The Cardano Founder has announced his intention to work with the U.S. government under Donald Trump to assist in the development of crypto legislation. The objective is to establish unambiguous regulatory frameworks […]