WWhen Donald Trump won the presidency in November, many crypto fanatics rejoiced, based on his promises to the industry that he would prioritize deregulation and legitimize crypto entrepreneurs. Days before his inauguration, industry heavyweights gathered in Washington for the Crypto Ball, celebrating their new status as DC insiders. But during the event, Trump shocked almost…
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President Donald Trump’s return to power could usher in a new landscape in the cryptocurrency space. Just two days after the launch of the new $TRUMP cryptocurrency meme coin, there is now also an offering in the name of new first lady Melania Trump. Melania Trump’s meme piecea type of cryptocurrency, hit the market Sunday…
Billionaire Pierre Thiela renowned venture capitalist and co-founder of PayPal credits And Palantir TechnologiesI entered Bitcoin BTC/USD investments long before his dazzling dazzling runs captured the world’s attention. However, this long-held belief seemed to fade, as shown in one of his interviews last year. What happened: During an interview in June 2023, Thiel expressed pessimism…
Happy Tuesday! This is your Tech Drop, my weekly compilation of the top stories from the past week at the intersection of technology and politics. Trump meme pieces cause rift in MAGA world Cryptocurrency enthusiasts aren’t happy with Donald and Melania Trump’s new “meme coins” — essentially glorified trading cards. Digital tokens seem like an…
President Trump on Tuesday pardoned Ross Ulbricht, the creator of the Silk Road drug market and a cult hero in the cryptocurrency and libertarian world. In doing so, Mr. Trump fulfilled a promise he made repeatedly on the campaign trail by soliciting political contributions from the crypto industry, which spent more than $100 million to…
NEW YORK, NEW YORK – SEPTEMBER 18: Republican presidential candidate, former US President Donald … (+) Trump visits a cryptocurrency-themed bar called Pubkey in the West Village on September 18, 2024 in New York. Trump embraced cryptocurrency thanks to broad support from the young and wealthy community. The former president will attend an evening rally…
Donald Trump was accused of corruption as he returned to the White House days after launching a multi-billion dollar cryptocurrency coin. Former government ethics officials and presidential experts said the venture amounted to a “shameful” conflict of interest. The president and his wife, Melania, each announced their own plays before his inauguration. Both were valued…
January 21, 2025 Brian Moynihan, CEO of Bank of America, said banks are ready to allow cryptocurrency payments as soon as regulators allow it. Moynihan made the statement in light of President Donald Trump’s pro-crypto stance, according to a CNBC report. “If the rules come into effect and make this a real thing that you…
WASHINGTON, DC – JANUARY 20: President Donald Trump signs executive orders in the Oval Office … (+) White House on January 20, 2025 in Washington, DC. Trump takes office for his second term as the 47th president of the United States. (Photo by Anna Moneymaker/Getty Images) Getty Images A strategic reserve is a stock of…