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On Aug. 1, U.S. stocks lost $1.1 trillion, with the Dow Jones Industrial Average dropping over 500 points (1.2%), the S&P 500 falling 1.6%, and the Nasdaq Composite declining around 2.2%. Disappointing Jobs Report Rouses Fears U.S. stocks lost $1.1 trillion on Friday, Aug. 1, capping a tumultuous day that saw President Donald Trump reportedly … Read more
President Donald Trump finally made tariffs against Brazil official, slapping the South American nation with a 50% levy on imports. In the same way, Trump also announced 35% tariffs on Canada, the U.S.’s second-largest trading partner, while Mexico obtained more time to discuss a better trade agreement. Trump Lashes Out at Brazil and Canada With … Read more
The Trump administration made the claims during a Thursday afternoon briefing hosted by White House Press Secretary Karoline Leavitt. Did Pelosi’s 2024 Stock Returns Beat Every Major Hedge Fund? Former House Speaker and current California Congresswoman Nancy Pelosi’s stock portfolio allegedly outperformed every large hedge fund in 2024 and more than doubled the annual return … Read more
On July 30, 2025, the President’s Working Group on Digital Asset Markets released a detailed fact sheet outlining its vision for establishing the United States as the global leader in digital financial technology. The announcement follows a 160-page report and marks a pivotal moment in the shift from regulatory uncertainty toward coordinated legislative and agency-driven … Read more
U.S. President Donald Trump officially opened the new Trump International Golf Links course in Aberdeen, Scotland, which will host the inaugural Nexo Championship from August 7 to 10, 2025. The event marks a collaboration between digital finance and global golf, with Nexo co-founders Antoni Trenchev and Kosta Kantchev in attendance, alongside Scottish First Minister John … Read more
For the second time in a one-week span, the nomination of Brian Quintenz as U.S. President Donald Trump’s new Chairman of the Commodity Futures Trading Commission (CFTC) may have once again been delayed after his name was removed from the meeting agenda for the Senate Committee on Agriculture, Nutrition, and Forestry. The committee has oversight … Read more
The U.S. Gov approves a key digital asset, XRP plunges while BNB rises, the U.K. moves to sell billions in confiscated bitcoin assets, and more in this Week in Review. Week in Review In a historic move for the digital asset sector, the U.S. government has officially granted its first-ever endorsement of a key digital … Read more
It’s not often that a sitting U.S. President pays a visit to the central bank, but Donald Trump is not your typical president. Trump Tours Federal Reserve in Surprise Washington Visit The last president to visit the Fed’s headquarters was George W. Bush, 19 years ago in 2006. That streak ended on Thursday when U.S. … Read more
Experts say reports that the Trump administration is considering opening 401(k) plans to alternative assets—including cryptocurrencies—reflect a maturation of the digital asset industry. Formal Recognition and Maturation The Trump administration’s reported plans to open the $9 trillion U.S. retirement market to alternative assets, including gold and cryptocurrencies, are seen as recognition that the management of … Read more
U.S. Attorney General Pam Bondi has directed Deputy Attorney General Todd Blanche to initiate direct talks with Ghislaine Maxwell’s legal team and possibly Maxwell herself, marking a dramatic new phase in the Department of Justice’s handling of the Epstein case. Trump Administration Opens Door for Ghislaine Maxwell Meeting Attorney General Pam Bondi has ordered Deputy … Read more
