Trump, Crypto and Bitcoin
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Over 1 in 5 top Trump appointees reported investments in crypto and other digital assets, far more than previous administrations, a Post analysis found.
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Thirteen Republicans voted against a motion to advance three pro-crypto bills, 12 of whom Trump said would now vote differently.
US President Donald Trump is set to open the $9 trillion 401k pensions market to crypto, according to a report by the Financial Times.
A key architect of the lobbying campaign that turned Donald Trump into crypto’s most powerful advocate has made a wildly lucrative bet on one of the industry’s frothiest corners. David Bailey’s hedge fund 210k Capital posted a net return of 640% in the 12 months through June after investing in about a dozen companies that turned themselves into Bitcoin buyers,
A legislative win in Congress, and the promise of more to come, has helped lift the prospects and the wealth of the cryptocurrency industry.
KEY TAKEAWAYS Ether, the second largest cryptocurrency after Bitcoin, continued to surge Friday after the House of Representatives approved three crypto-friendly bills that could give digital assets increased legitimacy.
Bitcoin has fallen below the $117,000 level on Tuesday after cryptocurrency-related bills were blocked in the House of Representatives.
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Investor's Business Daily on MSNTrump Steps In To Rescue Crypto Week Bills; Bitcoin Slides From PeakPresident Trump wrangles GOP to advance "Crypto Week" bills after failed vote. Bitcoin holds under $120k after sliding from record high.