President Donald Trump took another step toward his promise to make the U.S. the “crypto capital of the planet” on Thursday, signing an executive order aimed at promoting the domestic cryptocurrency sector and exploring the possibility of a new national digital asset stockpile.
Bitcoin passed the $100,000 mark for the first time just last December. Could this be the year crypto goes mainstream?
President Donald Trump signed an executive order for advancing crypto innovation in US and also exploring a national digital asset stockpile.
Space X and Tesla CEO Elon Musk, who Trump has appointed as co-lead in the newly created Department of Government Efficiency (DOGE), stands as the richest person in the world with a fortune of $433.9 billion, per Forbes.
Trump's actions contrast sharply with those of former President Joe Biden’s administration, which had taken a more adversarial stance on crypto.
The new business venture by the Trump family is generating intensifying criticism and ethics questions, even as it has turned into an overnight phenomenon, generating a windfall on paper.
The Trump-named cryptocurrency is valued at more than $6 billion after its first week, but it mimics moves made by ancient leaders.
The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.
Incoming first lady Melania Trump has launched her own cryptocurrency on the eve of her husband, President-elect Donald Trump, being inaugurated and days after he announced his own memecoin.
Two days after Donald Trump launched the new $TRUMP cryptocurrency meme coin, there's now an offering in the name of first lady Melania Trump.