Bank of America CEO Foresees Crypto Payment Boom With Clear Rules

Bank of America’s CEO foresees a crypto payment revolution, emphasizing banks will aggressively adopt digital currencies once clear regulations unlock their transactional potential. Bank of America CEO Envisions a Crypto Payment Boom Fueled by Regulation Bank of America CEO Brian Moynihan has discussed the potential for cryptocurrency payments to gain traction in the banking sector, … Read more

Trump Appoints Crypto-Friendly Acting SEC Chair, Signaling Regulatory Shift

President Trump’s appointment of Acting SEC Chair signals a pro-crypto shift, with promises of clearer regulations to foster innovation and economic growth. Acting SEC Chair Pushes for Clearer Crypto Regulation, Replacing Gensler’s Tough Stance President Donald Trump has appointed Mark T. Uyeda as Acting Chairman of the U.S. Securities and Exchange Commission (SEC), the agency … Read more

Promise Fulfilled: President Trump Issues Full Pardon to Silk Road Creator Ross Ulbricht

Fulfilling one of his campaign promises, President Trump has issued a full pardon to Ross Ulbricht, creator and operator of Silk Road, one of the largest dark net markets ever created. Silk Road was one of the pioneering markets in the utilization and adoption of cryptocurrency. In truth Social, President Trump stated he called Ulbricht’s … Read more

Trump and Melania Made Waves: Is Pepeto the Next Big Hit?

Trump launched the $TRUMP meme coin on Friday, celebrating his election victory and upcoming inauguration. Initially capped at 200 million coins, the supply will expand to 1 billion over the next three years. The coin’s website disclaimer notes that $TRUMP is not an investment or linked to any political campaign. The coin saw a massive … Read more

Matrixport: Short-Term Upside for Bitcoin if Critical Support Levels Hold

Bitcoin’s price action is currently retesting a key support level with several macro-factors in play that could contribute to another strong bullish rally. Possible Breakout for Bitcoin Based on Current Support Level Matrixport’s recent bitcoin report highlighted the possibility of a bitcoin price breakout after retesting a critical support level. The report noted that the … Read more