Articles for tag: Bitcoin, Bitcoin ETFs, Cryptocurrency, Financial Innovation, investing in crypto, public pension funds, Trump Administration

December 16, 2024

2025 Crypto Policy Blitz: States Embrace Bitcoin After a Strong 2024 Despite Emerging Risks in the Cryptocurrency Market

As 2024 begins, Donald Trump’s presidency points towards a more bitcoin-friendly approach, potentially encouraging state governments to embrace cryptocurrency investments. Supporters view bitcoin as a valuable hedge against inflation, similar to gold, while critics caution that investing in crypto is highly speculative and carries significant risks. Currently, only a few public pension funds have ventured ...

December 16, 2024

Market News

Crypto

Why This Bitcoin Rally Stands Out: Key Factors Driving the Current Surge in 2023

Bitcoin is experiencing a remarkable year in 2024, having surged 130% and recently reaching $100,000. This rally stands out from previous ones due to the introduction of spot Bitcoin exchange-traded funds (ETFs), which have drawn significant investor interest, amassing tens of billions in assets. Additionally, the incoming Trump administration’s pro-crypto policies, including plans for a ...

December 16, 2024

Market News

Crypto

Bitcoin Soars to Record High Over $106,000: What This Means for Investors and the Future of Cryptocurrency

Bitcoin has reached a new record high, soaring over 50% since Donald Trump’s election victory on November 5. The cryptocurrency briefly topped $106,000 before settling around $105,000 during Asian trading hours. Many investors believe the incoming Trump administration will be more supportive of cryptocurrencies compared to the Biden era. Trump has hinted at creating a ...

December 16, 2024

Market News

Crypto

Yellen Warns Trump to Avoid Interfering with Financial Regulations for Economic Stability and Growth

Treasury Secretary Janet Yellen has urged the next administration to maintain key financial regulations that oversee banks’ capital, liquidity, and risk management. In a recent interview, she acknowledged the current system’s flaws but stressed that it is not fundamentally broken. Yellen cautioned against drastic changes, especially concerning bank deposit insurance, citing the potential for financial ...

December 13, 2024

Market News

Crypto

Top Crypto Investments for 2025: Should You Buy XRP, Dogecoin, or Bitcoin?

The cryptocurrency Market is booming, fueled by Trump’s recent election victory. The total value of all cryptocurrencies reached an astounding $3.8 trillion, with major coins like XRP rising 362%, Dogecoin up 139%, and Bitcoin climbing 41%. Investors are optimistic about a friendlier regulatory environment under the new administration, especially with pro-crypto appointments like Paul Atkins ...

December 11, 2024

Market News

Crypto

Mayor Adams Visits Puerto Rico for Keynote Speech at Cryptocurrency Event, Highlighting Innovation and Economic Growth Opportunities

Mayor Eric Adams is set to travel to Puerto Rico for a taxpayer-funded trip to attend the Puerto Rico Blockchain Week cryptocurrency conference. His spokesperson, Kayla Mamelak, confirmed that the city will cover his airfare and accommodations for the event. Adams plans to speak at the conference alongside notable figures like billionaire Brock Pierce and ...

December 7, 2024

Market News

Crypto

Trump Enlists Silicon Valley Billionaire to Propel Crypto and AI Innovation Forward

President-elect Donald Trump has appointed tech entrepreneur David Sacks as the White House’s first AI and cryptocurrency “czar.” Sacks, a billionaire known for his work with companies like PayPal, will shape policies that affect both industries, which are crucial for America’s global competitiveness. Many in the cryptocurrency sector view this decision positively, noting the synergy ...

December 7, 2024

Market News

Crypto

Trump Partners with Silicon Valley Billionaire to Accelerate Crypto and AI Innovation in America

Crypto investor Charlene Woods recently discussed President-elect Donald Trump’s decision to appoint David Sacks, a well-known tech entrepreneur, as the first White House AI and crypto “czar.” Sacks, who has a background with companies like PayPal, will be responsible for shaping policies around cryptocurrency and artificial intelligence, which are vital to maintaining America’s competitive edge. ...

December 7, 2024

Market News

Crypto

Bitcoin Reaches $100k: Key Factors Behind the Historic Surge in Value and Market Trends

Bitcoin has reached a new high, surpassing $100,000, driven by investor optimism surrounding the incoming Trump administration’s pro-crypto stance. Following the recent election, Bitcoin’s value soared over 44% in just a month, reflecting increased legitimacy and enhanced Market interest. Trump’s administration is expected to ease cryptocurrency regulations, especially with appointments of key figures advocating for ...

November 12, 2024

Market News

An AI advocacy group urges Trump to appoint Elon Musk as advisor, highlighting his safety focus amid technological advancements.

A petition from Americans for Responsible Innovation is urging President-elect Trump to appoint Elon Musk as a special adviser on artificial intelligence (AI). The group emphasizes Musk’s contributions to AI safety and advancement, highlighting his experience as CEO of Tesla and his recent startup, xAI. They argue that Musk is well-equipped to guide the Trump ...