Trump, Bitcoin and Stablecoin
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The Week in Numbers: rising prices, soaring bitcoinFrom Donald Trump cooling talk he could oust Fed chief Jerome Powell, to bitcoin scaling new heights, we round up the week's big stories in business and finance over the week to July 18. Julian Satterthwaite reports.
David Bailey, a central figure behind US President Donald Trump’s recent embrace of cryptocurrencies, has turned his hedge fund into one of the biggest winners of the post-Trump crypto surge. Bailey’s 210k Capital posted a net return of 640% in the 12 months through June,
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.
The Trump administration is actively exploring a de minimis tax exemption for Bitcoin transactions to eliminate barriers to everyday Bitcoin and crypto use,
The playbook for Donald Trump's presidency is becoming clearer, analysts said this week, revising their investment ideas for Trump's second term.
Donald Trump linked that DeFi project WLFI's native token might become tradable soon. The US President's crypto fortune slumped despite the new optimism. Donald Trump’s
Thumzup Media Corporation, with Donald Trump Jr. as an investor, has received board approval to hold up to $250 million in cryptocurrencies.
Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.