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The letter from the $70 billion hedge fund puts it at odds with Washington's embrace of crypto, warning of potential consequences to market stability and the dominance of the US dollar.
When Donald Trump won the presidency in November, many crypto fanatics celebrated, based on his promises to the industry that he would prioritize deregulation and legitimize crypto entrepreneurs.
Bitcoin hit a record high $109,071 on Monday when Trump, who has pledged to be a "crypto president," was sworn in, but sank when crypto was not included in a flurry of executive actions on Day One.
While the move sparked predictable criticism from political opponents, it was also met with mixed reactions in the crypto world, which largely welcomed his return to office and newfound support ...
Then, at 9 p.m., Trump pulled one over on the partygoers. The crypto-world drama Trump’s team spurred with this meme coin gambit is indicative of an ever-present tension between the once-crypto ...
Further crypto-related markets have seen movement following the president’s inauguration. Trader Notes: Bitcoin investor Fred Krueger has mixed feelings about the plans, calling a Strategic ...
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“Thank you @realDonaldTrump for keeping your word. You have our admiration, respect and loyalty,” Jesse Powell, co-founder of the Kraken crypto exchange, said in a post on X.
And while it’s anyone’s guess whether Fink’s logic is sound and people would indeed flock to crypto in times of crisis (that extremely common thesis hasn’t yet been proved), it’s ...
Donald Trump's full-throated embrace of crypto on the campaign trail culminated in the launch of his very own meme token shortly before his inauguration, but the president might have trouble ...