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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
Two sweeping executive orders promise to transform U.S. finance, with President Donald Trump fortifying banking freedoms and unlocking cryptocurrency access in retirement accounts for millions seeking greater diversification and financial independence. 2 Executive Orders Could Reshape US Finance With Banking Protections and Crypto in Retirement White House crypto czar David Sacks highlighted on Aug. 7 … Read more
President Donald Trump signed an executive order Thursday prohibiting federal regulators from enabling financial institutions to deny services based on political beliefs, religious beliefs, or lawful business activities such as crypto services. White House: ‘The Trump Administration Has Already Ended Operation Chokepoint 2.0’ According to the Fact Sheet release, the order directs federal banking regulators … Read more
President Donald Trump signed an executive order on Aug. 7 directing federal agencies to enable 401(k) and similar retirement plans to offer investments in alternative assets, including cryptocurrencies like bitcoin. Since the announcement, BTC has spiked comfortably above the $117,000 range. Regulations on 401(k) Alternative Assets Face Overhaul After Order The order instructs the Secretary … Read more
Nexo has enhanced its partnership with the DP World Tour by introducing a new prize for golf players who hold a course record at the conclusion of a tournament. Prize Structure and Rules The digital assets wealth platform, Nexo, has deepened its partnership with the DP World Tour by launching of a pioneering new prize. … Read more
Bank of America’s CEO has backed fixing banking rules amid uproar over U.S. President Donald Trump’s debanking claims, as the crypto industry warns regulatory overreach is quietly choking financial access. Bank of America CEO Backs Rulebook Fix as Trump’s $1B Claim Sparks Uproar Bank of America CEO Brian Moynihan responded to explosive claims made by … Read more
