Will the Tables Turn for Retail Investors as Trump Appoints Pro-crypto Lawmak...
A huge part of Donald Trump’s presidential campaign was based on cryptocurrency. He promised to introduce a new regulatory framework for crypto and promote it as a more mainstream asset. Cut to the present, Donald Trump has won the election, which is why the crypto industry is pushing to see him fulfill these promises. Trump […]
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According to JPMorgan analysts, a win for the Republican US presidential candidate Donald Trump could further fuel Bitcoin (BTC) price momentum. Retail Investors Turn To Bitcoin For ‘Debasement Trade’ In a recent client note, analysts at JPMorgan suggested that a Trump win might provide ‘additional upside’ for both BTC and gold, as retail investors increasingly view Bitcoin as a ‘debasement trade.’ Related Reading: Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside In simple terms, a debasement trade is a strategy to protect purchasing power against the steady....
The once-flying Trump meme coin has crashed, costing investors billions of dollars. The so-called “Official Trump” coin, which once shot up to $75 per token, is currently only worth $16.00. According to grapevines, US President Donald Trump and his friends got away with a fortune, while regular traders suffered a severe blow. Related Reading: Trump […]
It’s safe to say that the crypto market has likely never been this hot, with Donald Trump set to sign an executive order making cryptocurrency a US national priority and encouraging and guiding government agencies to collaborate with the industry. Additional proof of Trump’s unprecedented positive impact on crypto is the fact that around 46% of capital invested by crypto VC funds in Q4 2024 was poured into startups in the United States. So, institutional investors have shown their hand; they’re betting on the US’s upcoming administerial changes and pro-crypto stance....
– he failed to demonstrate his understanding of the Internet and contemporary, borderless commerce. If it’s not remittances, immigrants in the US will figure out a way to send their money home if they want to do so. For now, it’s not going to be Bitcoin. But, if Trump does block remittances, you better believe that sooner than later increasing numbers of remitters will look into this blockchain technology. Knowing crypto-currency enthusiasts, they’ll likely troll Trump with Wallcoin. Or “Wall: The Blockchain Solution That Knows No Walls.” There’s already “Trumpcoin.” Trump wants to use a....
United States President Donald Trump’s latest appointment, a close ally, has officially been confirmed as the new FBI Director. The confirmation of Kash Patel comes with significant controversy, not just for his past criticisms of the agency but also for his personal investments in Bitcoin and cryptocurrency-related stocks. Related Reading: Trump Pushes DOGE Redistribution—20% Back To […]