Sell It All—Peter Schiff Urges Biden to Ditch US Bitcoin Reserves Before Trump’s Return

Gold advocate and economist Peter Schiff is not exactly cheering from the sidelines when it comes to a U.S. strategic bitcoin reserve. On Monday, he sparked conversation on social media, declaring that the smartest move President Joe Biden could make before leaving office is to offload all the U.S. government’s bitcoin holdings. Schiff Wants Joe … Read more

President-Elect’s Son, Eric Trump, Discusses US Crypto Leadership in Interview

Eric Trump, son of President-elect Donald Trump, detailed ambitions to establish the United States as a global leader in cryptocurrency during a CNBC interview in Abu Dhabi, United Arab Emirates. Eric Trump Tells CNBC That the Trump Administration Aims to Establish U.S. as a Crypto Superpower Speaking on Monday with CNBC, Eric Trump emphasized the … Read more

Bitcoin ASIC Maker Bitmain Shifts Gears With US Production Line Amid Incoming Trump Administration

The bitcoin mining machine maker Bitmain is gearing up to roll out a new production line in the U.S., focusing on its application-specific integrated circuit (ASIC) equipment. Bitmain Launches U.S. Production Bitmain shared on Monday through an X post that it plans to kick off a new production line in the United States. “Bitmain is … Read more

Paul Atkins to the Rescue: Crypto-Focused VCs Cheer Trump’s SEC Appointment

Cryptocurrency-focused venture capital firms are optimistic about President-elect Donald Trump’s selection of Paul Atkins as Securities and Exchange Commission (SEC) chair. Trump’s Picks Expected to Reverse Gensler-Era Policies Cryptocurrency-focused venture capital (VC) firms are reacting positively to President-elect Donald Trump’s selection of Paul Atkins as chair of the Securities and Exchange Commission. According to a … Read more

Former Federal Reserve President Says ‘Nothing Good’ Comes From Making BTC a Reserve Currency

A former New York Federal Reserve governor said there are no advantages to making bitcoin (BTC) a government reserve currency. No Exit Strategy Bill Dudley, the former president of the Federal Reserve Bank of New York, argues that there are no advantages to making bitcoin (BTC) a government reserve currency. Dudley, who currently chairs the … Read more

Seismic Changes Ahead? Polymarket and Kalshi Heat Up Over Trump’s Bold Second-Term Plans

With just 44 days left until Donald Trump’s inauguration, prediction markets are buzzing with bets about his first actions as the 47th U.S. president. On Polymarket, for instance, participants currently estimate a 91% probability that Trump will implement a large-scale deportation of undocumented immigrants within his initial 100 days in office. Will Trump Reshape America? … Read more