As Crypto Advocate Howard Lutnik is Confirmed as US Commerce Secretary, here ...
Cantor Fitzgerald CEO and billionaire, Howard Lutnik, was named the head of the US Department of Commerce yesterday, with a split vote of 52-45. Following the news, Lutnik immediately resigned from his position as CEO. Let’s see what this appointment means for the crypto market as a whole and for some of the hottest crypto […]
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Over the last few days, the newly elected US President Donald Trump has filled a number of positions in his new cabinet, although the most important position for the Bitcoin community—the Secretary of the Treasury—remains open. The role of Secretary of the Treasury could be decisive for the establishment of a national strategic Bitcoin reserve, […]
Bitcoin could see unprecedented capital inflows ranging from $150 billion to $500 billion as US President Donald Trump signed an executive order on Monday mandating the creation of a new sovereign wealth fund. The initiative—which did not explicitly reference BTC during its announcement—will be helmed jointly by US Secretary of Commerce Howard Lutnick and US […]
Biden’s administrative team is about to get shuffled as the Treasury Secretary, Janet Yellen leaves after midterm, the shuffle might mean a positive turn for Crypto since Yellen was an anti-crypto advocate. Yellen previously made several negative comments and advised against crypto adoptions. Although no one knows why Yellen is leaving, she received several criticisms […]
A CNN report suggests Yang may be on the short list for a position in Joe Biden's cabinet. President-elect Joe Biden is reportedly considering crypto-friendly Andrew Yang as his future Secretary of Commerce.According to a CNN report “based on conversations with Biden allies and advisers and Democrats with knowledge of the matter,” the president-elect may be tapping Yang, a former presidential candidate and entrepreneur, for a position in his cabinet. Many considered Yang to be one of the most pro-crypto presidential candidates. He said that he wanted to implement blockchain-based mobile....
Oaktree Capital’s Howard Marks has warmed up to bitcoin. He admitted that he had a knee-jerk reaction to the cryptocurrency and dismissed it too soon. Since then, the price of bitcoin has risen tenfold as demand for the cryptocurrency soars among retail and institutional investors. Howard Marks Changes Stance on Bitcoin Howard Marks, co-founder and co-chairman of Oaktree Capital Management, talked about bitcoin during an interview with CNBC last week. As institutional investors become increasingly interested in bitcoin and major companies have announced their investments in the....