The new year started off with considerable fanfare for the cryptocurrency market. Under President Donald Trump’s crypto plan, America was going to become “the crypto capital of the world.” That meant deregulating the crypto market, promoting innovative uses for blockchain technology within the financial markets, and becoming a Bitcoin (CRYPTO: BTC) superpower. Those promises mostly
Kamala Harris’ pick for running mate, Tim Walz, has a blank slate on crypto, leaving the industry scratching its head on where he may land on the issue. By contrast, two of her newly-appointed key advisers are no strangers to the industry: one took crypto exchange Binance to court, while the other has worked for
Former US president Donald Trump looked eminently electable long before he became the target of an assassination attempt on July 13. His stock now appears to be even stronger as he prepares for the final stretch of a presidential race that is deepening bitter divisions in US society and is bound to deliver more surprises
While most of the attention has been on former President Donald Trump and the GOP as the Republican National Convention takes place in Milwaukee, President Joe Biden and other Democrats have touted policy wins like building bridges and efforts to address housing costs. The Biden administration on Thursday announced $5 billion for major bridge construction
(Bloomberg) — Investors will initially favor traditional haven assets and perhaps lean into trades most linked to former President Donald Trump’s chances of winning the White House after he survived an assassination attempt, according to market watchers. Most Read from Bloomberg Currencies begin trading at 5 a.m. in Sydney when the US dollar could get
Hail to the cha-ching. President Joe Biden and First Lady Jill Biden treated their various Delaware real estate holdings like a personal ATM for years, taking out several mortgages and refinancing a whopping 35 times, according to a report. The couple, said to boast a net worth of $10 million, allegedly borrowed $6 million on
By Andrea Shalal WASHINGTON (Reuters) – Stand with Crypto, an advocacy organization for voters who own cryptocurrencies, saw its membership surpass 1 million on Wednesday, as crypto backers push politicians to create a new regulatory framework for the digital asset industry while averting more onerous compliance requirements. Brian Armstrong, chief executive of Coinbase, an online
WASHINGTON: The White House on Monday gave a Chinese-linked company and its partners 120 days to sell property they had bought near a US Air Force base in Wyoming that is home to part of the US nuclear arsenal, citing fears of spying. The move comes as the United States has become increasingly concerned about
By Andrea Shalal WASHINGTON (Reuters) – President Joe Biden will visit the political battleground state of Wisconsin on Wednesday to announce plans by Microsoft Corp to build a $3.3 billion high-tech data center that will create thousands of jobs, the White House said. The Microsoft facility in Racine County, in southeastern Wisconsin, will be built
New rules from the Treasury Department will make it harder for vehicles to qualify for the full federal electric vehicle tax credit of $7,500, though automakers were also granted a reprieve. Currently, the Inflation Reduction Act’s (IRA) federal EV credit requires that manufacturers ramp up sourcing of battery “critical materials” such as nickel and cobalt