Circle chief executive Jeremy Allaire thinks President Donald Trump will enable banks to trade crypto assets. In a new interview with Reuters, Allaire predicts Trump will sign a flurry of executive orders (EOs) enabling banks to hold digital assets in portfolios, trade them and offer crypto services to wealthy customers.
President Donald Trump has elevated Republican Commissioner Mark Uyeda to take over the SEC from a now-departed Gary Gensler.
We’re tracking the executive orders Trump signed on his first day in office, just hours after being inaugurated as president.
The CEO of German insurer Allianz said on Wednesday that he expected fewer regulatory fines under U.S. President Donald Trump than under Joe Biden's administration, which he called "extortion". Allianz in 2022 settled with U.
Investors considering alternative strategies should proactively adjust their portfolios to anticipate these potential changes.
Coinbase CEO sees Trump’s second term as pivotal for the crypto industry. Brian Armstrong believes Trump’s presidency will draw in more crypto investors. Coinbase was
Looking ahead, some analysts think the stock market will keep soaring as Trump pushes for deregulation and tax cuts during his second term. For instance, while on the campaign trail, he proposed lowering the corporate tax rate to 15% for domestic manufacturers. That could boost net profit margins and send the stock market higher.
Just days after President Donald Trumplaunched his new crypto token, two asset management firms jointly sought regulatory approval to debut an exchange-traded fund tied to the digital currency or "meme coin,
Donald and Melania Trump launched new cryptocurrencies over the weekend. Some experts are advising investors to be cautious.
Bitcoin and other cryptocurrencies recoiled after Trump's first set of policies following inauguration did not refer to this asset class.
From a technical perspective, bitcoin's next target is in the range of $118,000 to $120,000, noted Leinweber. Katie Stockton, founder and managing partner at Fairlead Strategies, said that while the short-term momentum has improved for bitcoin, short-term overbought conditions have returned based on several technical indicators.