Tag Archives: Trump

Elon Musk’s D.O.G.E. Targets The IRS: Taxman In The Crosshairs Of Budget Cuts

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The incoming heads of the newly established Department of Government Efficiency (D.O.G.E.) have an ambitious plan of slashing federal agencies’ spending by $2 trillion, locking in its crosshairs several agencies for sweeping budget cuts. One of the D.O.G.E. leaders, Tesla CEO Elon Musk, said that he targets to reduce federal spending on the Internal Revenue… Continue reading Elon Musk’s D.O.G.E. Targets The IRS: Taxman In The Crosshairs Of Budget Cuts→

Bitcoin Barrels Close To $98,000—Is The $100K Barrier Next?

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Bitcoin continues its price explosion this Thursday, hitting a new all-time high and breaking the $97,000 barrier during intra-day trading. The crypto asset’s price then spiked 5.7%, reaching $97,811 on Bitstamp, boosting its market cap to $1.93 trillion. The recent surge in Bitcoin’s value is not just a market trend, but a reflection of the… Continue reading Bitcoin Barrels Close To $98,000—Is The $100K Barrier Next?→

Ripple Labs Future Under Trump: CEO Brad Garlinghouse Outlines Vision For 2025

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In a recent interview with FOX Business, Brad Garlinghouse, CEO of Ripple Labs, shared insights on the so-called “Trump trade” impacting crypto prices, as evidenced by Bitcoin’s recent streak of consecutive all-time highs over the past 48 hours.  Garlinghouse also discussed how Ripple, and the broader digital asset industry, fit into the upcoming regulatory landscape… Continue reading Ripple Labs Future Under Trump: CEO Brad Garlinghouse Outlines Vision For 2025→

XRP Breaks $1 — Is The Garlinghouse-Trump Connection Fueling The Rise?

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The price of XRP has surpassed $1, a significant milestone that has not been observed since December 2021. The cryptocurrency’s market capitalization increased by $20 billion to approximately $64 billion on November 17, when it reached $1.23. This surge has incited a frenzy of discourse within the cryptocurrency community; however, it is not solely the… Continue reading XRP Breaks $1 — Is The Garlinghouse-Trump Connection Fueling The Rise?→

Trump Social Media Firm In Talks To Expand Into Crypto With Bakkt Acquisition

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Donald Trump’s media venture, the Trump Media and Technology Group (TMTG), is reportedly in advanced negotiations to acquire Bakkt, a crypto trading platform owned by the Intercontinental Exchange (ICE).  Trump Sets Sights On Crypto Expansion According to sources familiar with the ongoing discussions, TMTG is considering an all-share purchase of Bakkt, although the exact valuation… Continue reading Trump Social Media Firm In Talks To Expand Into Crypto With Bakkt Acquisition→

Uncertainty Looms For Crypto As SEC And CFTC Leadership Transitions Unfold Under Trump

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As Donald Trump prepares to take office for another term, speculation is intensifying regarding the future of crypto regulation, particularly concerning the leadership of the US Securities and Exchange Commission (SEC).  Recent social media posts by FOX journalist Eleanor Terret suggest that SEC Chairman Gary Gensler may be on the verge of resigning, possibly before… Continue reading Uncertainty Looms For Crypto As SEC And CFTC Leadership Transitions Unfold Under Trump→

Crypto Vs. Gensler: 18 States File Lawsuit Against SEC Over Alleged Industry Persecution

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For months, the cryptocurrency community has criticized the US Securities and Exchange Commission (SEC) under Chairman, Gary Gensler. Gensler’s aggressive regulatory approach has irked many in the industry, particularly the Ripple executives. Today, critics are taking Gensler to court over what they claim as the agency’s “gross government overreach.” According to Eleanor Terrett of Fox… Continue reading Crypto Vs. Gensler: 18 States File Lawsuit Against SEC Over Alleged Industry Persecution→

Analyst Warns Of 10% Bitcoin Price Drop Ahead Of CPI Data

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Recently, there have been significant fluctuations in the prices of Bitcoin; presently, they oscillate between $87,000-$87,500. This may not be eye candy to investors who are currently on the sidelines waiting for the coin to hit $90k, particularly the release of CPI data set today, November 13. This news is perceived by analysts to have… Continue reading Analyst Warns Of 10% Bitcoin Price Drop Ahead Of CPI Data→

Shiba Inu Breaks Out On A 73% Weekly Rampage, Eyes Over 300% Target

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A lot of limelight has been seen recently on Shiba Inu (SHIB) making it one of the hottest topics to consider in the cryptocurrency arena. The price of SHIB rose by more than 70% over the past week, to the delight of investors and dealers. The trading volume has surged to as high as 246%,… Continue reading Shiba Inu Breaks Out On A 73% Weekly Rampage, Eyes Over 300% Target→

Dogecoin Unleashes 157% Weekly Boom As Musk-Trump Buzz Builds

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Dogecoin (DOGE) is making news again, as analysts forecast a price increase. Following Trump’s recent election victory, the cryptocurrency has enjoyed a phenomenal 157% weekly increase, fuelled by increased speculation about the roles of Elon Musk and Trump in the incoming administration. Dogecoin On A Tear A number of cryptocurrencies, including Dogecoin, have experienced significant… Continue reading Dogecoin Unleashes 157% Weekly Boom As Musk-Trump Buzz Builds→