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Canadian Prime Minister Mark Carney announced Thursday that Canada will drop most of its retaliatory 25% tariffs on U.S. goods compliant with the U.S.-Mexico-Canada Agreement, effective Sept. 1, in a bid to ease escalating trade tensions with the United States. The move, affecting billions in consumer products like food, beverages, and textiles, follows a cabinet … Read more
On Thursday, leading crypto exchange Coinbase revealed that World Liberty Financial’s stablecoin USD1 has been added to the platform’s roadmap, signaling that a listing may be on the horizon. Alongside the roadmap update, U.S. President Donald Trump’s son Eric Trump amplified the announcement, giving the news an extra boost of attention. Coinbase Signals Possible USD1 … Read more
The president is demanding Cook’s resignation over what one Trump official describes as “mortgage fraud.” Fed Governor Lisa Cook Now in Trump’s Crosshairs “Lisa Cook is cooked.” Those are the words of Bill Pulte, director of the Federal Housing Finance Agency. The 37-year-old Republican is leading a campaign to ouster U.S. Federal Reserve Governor Lisa … Read more
The Prairie State passed landmark legislation on Monday designed to regulate digital assets and crypto ATMs. JB Pritzker Slams Trump’s Approach to Crypto Policy Democratic Illinois Governor Jay Robert “JB” Pritzker signed two pieces of crypto legislation into law on Monday, then turned around and used the opportunity to slam U.S. President Donald Trump for … Read more
Last week, Donald Trump reminded traders that he can still move markets with a tweet, a tariff, or a firing. Crypto whipsawed on his words and actions. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Trump as … Read more
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
