White House Crypto & AI Czar appointed by US President Donald Trump, David Sacks, sold all his crypto holdings before the administration began. Responding to a post citing a Financial Times report, Sacks confirmed that he doesn’t hold any crypto investments. Sacks is one of the key personalities behind crypto
The crypto market witnessed a strong comeback in the late evening Asian hours followed by Trump’s new announcement. While Bitcoin price rose by around 10% within a few hours, Ethereum, XRP, Solana, and Cardano have also recorded two-digit surges. All credit goes to Trump’s new announcement on Truth Social regarding
Despite being the largest digital currency in the world, Bitcoin faced a rejection from South Dakota lawmakers. The US state followed the lead of Montana which also recently rejected the Bitcoin reserve bill concept. Meanwhile, Bitcoin fell below $90,000 and it is trading above the $85K mark at press time.
The number of US states that are exploring Bitcoin investments has lost count under Trump’s presidency. Georgia has also filed a Bitcoin reserve bill on Feb 14, 2024 adding to the list of these states. As per the latest updates, Georgia filed for a second Bitcoin reserve bill to invest
The New York Senator is making rounds across the media with his recent bill proposal in the state. He has introduced The New York State Cryptocurrency and Blockchain Act recently, which also included establishing a crypto task force. Ever since Trump’s election as the President in Nov 2024, crypto regulation
US White House Crypto & AI Czar David Sacks talked about various things related to crypto on the latest CNBC interview. From forming a regulatory framework to establishing a Bitcoin reserve, David clarified on their upcoming plans for crypto. David Sacks revealed that he was in a meeting with House
United States President Donald Trump issued a new executive order to create a US Sovereign Wealth Fund. The order aims to create the fund by the next year and plans to acquire popular short-video application TikTok. This is not the first time a country has created a fund to make
The Arkansas Senate Committee rejected a bill that is set out to ban crypto mining businesses near military zones in the state. It prohibits all the crypto mining business within a 30 mile radius from these facilities. With 6 votes out of 7 opposing the bill terms, the Senate Committee
Donald John Trump has finally chaired the US President role for the second time after winning elections in 2024. One of the indisputable factors behind Trump’s win is his support of the crypto industry. Trump re-election impact on crypto will be favorable to the industry, bringing clear regulations. What has
Around one week after Trump took an oath as the 47th US President, the US state of Arizona approved a strategic Bitcoin reserve bill. Under the pro-crypto Trump administration, we are yet to see more states coming up with their own strategic Bitcoin reserve bills. The Arizona Senate Finance Committee
