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Financial Times (FT) reports that American Bitcoin, a U.S. cryptocurrency miner backed by Donald Trump Jr. and Eric Trump, is actively seeking acquisitions of listed companies in Japan and potentially Hong Kong to amass bitcoin reserves. According to three unnamed sources speaking with FT, the firm—which already develops its own strategic bitcoin holdings—has begun investor … Read more
Bettors on Polymarket and Kalshi see an interesting path for U.S. President Donald Trump to claim the Nobel Peace Prize. On both platforms, the sitting president holds the second-highest odds, putting him squarely in contention. Prediction Markets Keep Trump in Close Race for Nobel Peace Prize The Nobel Peace Prize is a prestigious international honor … Read more
A fierce showdown is brewing as over 80 crypto and fintech leaders demand immediate action to block major banks from throttling consumer data access and crippling digital finance. Trump Pressed by 80 Executives as Banks Move to Block Crypto Account Links Executives from the cryptocurrency and fintech sectors called on President Donald Trump on Aug. … Read more
In July, U.S. tariff revenue soared over 300% to a record $29.6 billion, bringing the total raised since March to over $100 billion. Record Tariff Revenue vs. Widening Deficit In a stunning fiscal surge, U.S. tariff revenue skyrocketed by over 300% in July alone, reaching an unprecedented $29.6 billion in a single month. The record-breaking … Read more
The firm recently raised $1.5 billion to create a World Liberty Financial Inc. (WLFI) token treasury and will hold roughly 7.5% of the token’s total supply. Nasdaq Welcomes Alt5 Sigma as Eric Trump Helps Kick Off Trading Day Just days after digital asset technology firm Alt5 Sigma Corporation (Nasdaq: ALTS) announced a $1.5 billion transaction … Read more
American Bitcoin Corp. (ABTC), a majority-owned subsidiary of Hut 8 Corp., has added 1,726 bitcoin to its holdings, expanding its strategic reserve as part of a summer acquisition push. Trump-Linked ABTC Grows Bitcoin Stash Past $250M Mark Hut 8 disclosed in its quarterly filing that the purchases occurred between July 1 and Aug. 6 at … Read more
E.J. Antoni has been tapped to lead the Bureau of Labor Statistics (BLS) by U.S. President Donald Trump and now the Heritage Foundation Chief Economist wants to suspend the BLS’s monthly jobs report “until it is corrected.” Antoni made the comments in a Fox interview just days after Trump fired former BLS Commissioner Erika McEntarfer, … Read more
President Donald Trump inked an executive order late Monday, granting another 90-day reprieve on steep U.S. tariffs targeting Chinese imports, a White House official told CNBC. The decision, according to CNBC’s report, landed just hours before the clock struck midnight, when the duties were set to roar back, threatening to reignite a trade clash between … Read more
World Liberty Financial, a venture linked to U.S. President Donald Trump, is pitching investors on creating a $1.5 billion publicly traded company to hold its cryptocurrency tokens. World Liberty Financial (WLFI) is reportedly advancing plans to form a public entity holding its WLFI tokens, targeting approximately $1.5 billion in funding, according to Bloomberg sources familiar … Read more
The current Chairman of the Council of Economic Advisors will act as a temporary replacement for Adriana Kugler who quit last week. President Trump Selects Stephen Miran for Federal Reserve Seat U.S. President Donald Trump wasted no time replacing former Federal Reserve Governor Adriana Kugler with one of his trusted guides, Stephen Miran who like … Read more
