Trump Rings NYSE Bell, Promises to Do Something Great With Crypto

Donald Trump declared, “We’re going to do something great with crypto,” after opening the NYSE, emphasizing U.S. leadership to outpace China and other countries in digital assets. Cryptocurrency Leadership: Trump’s Pro-Bitcoin Stance Sparks Market Optimism President-elect Donald Trump commenced Thursday’s trading session at the New York Stock Exchange by ringing the opening bell, signaling his … Read more

Trump’s Tariff Threat Prompts China to Consider Yuan Devaluation

China’s top leaders are considering allowing the yuan to weaken in 2025 to counter potential U.S. trade tariffs under Donald Trump’s presidency. Trump plans to impose a 10% universal import tariff and a 60% tariff on Chinese imports. A weaker yuan could make Chinese exports cheaper, mitigating the tariff impact, and creating looser monetary settings … Read more

Sell It All—Peter Schiff Urges Biden to Ditch US Bitcoin Reserves Before Trump’s Return

Gold advocate and economist Peter Schiff is not exactly cheering from the sidelines when it comes to a U.S. strategic bitcoin reserve. On Monday, he sparked conversation on social media, declaring that the smartest move President Joe Biden could make before leaving office is to offload all the U.S. government’s bitcoin holdings. Schiff Wants Joe … Read more

President-Elect’s Son, Eric Trump, Discusses US Crypto Leadership in Interview

Eric Trump, son of President-elect Donald Trump, detailed ambitions to establish the United States as a global leader in cryptocurrency during a CNBC interview in Abu Dhabi, United Arab Emirates. Eric Trump Tells CNBC That the Trump Administration Aims to Establish U.S. as a Crypto Superpower Speaking on Monday with CNBC, Eric Trump emphasized the … Read more

Bitcoin ASIC Maker Bitmain Shifts Gears With US Production Line Amid Incoming Trump Administration

The bitcoin mining machine maker Bitmain is gearing up to roll out a new production line in the U.S., focusing on its application-specific integrated circuit (ASIC) equipment. Bitmain Launches U.S. Production Bitmain shared on Monday through an X post that it plans to kick off a new production line in the United States. “Bitmain is … Read more