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

December 9, 2024 Bitcoin.com

bitcoin.com

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 […]

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

December 8, 2024 Bitcoin.com

bitcoin.com

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 […]

Veteran Silicon Valley Investor David Sacks to Serve As Trump’s ‘White House AI and Crypto Czar’

December 7, 2024 The Daily Hodl

President-elect Donald Trump announced on Thursday that veteran Silicon Valley venture capitalist David Sacks will serve as his White House AI (artificial intelligence) and Crypto Czar. Trump notes on Truth Social that Sacks will guide administration policy in both areas, which the former president says are “critical to the future of American competitiveness.” “David will […]

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

December 7, 2024 Bitcoin.com

bitcoin.com

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 […]

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

December 6, 2024 Bitcoin.com

bitcoin.com

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? […]

Trump’s Pardons Predicted: Jan. 6 Protestor, Ross Ulbricht, and Roger Ver Lead Polymarket Bets

December 6, 2024 Bitcoin.com

bitcoin.com

A bet on Polymarket, the prediction marketplace, is drawing buzz with its question: Who will President-elect Donald Trump pardon within his first 100 days? Since its launch, this wager has attracted $3,483,995 in volume. On Friday, Dec. 6, Polymarket participants highlighted top contenders, including Ross Ulbricht, the Silk Road founder, and cryptocurrency entrepreneur Roger Ver. […]

Trump Appoints David Sacks as AI and Crypto Czar

December 6, 2024 Bitcoin.com

bitcoin.com

President-elect Donald Trump has announced via Truth Social the appointment of entrepreneur and investor David O. Sacks as the “White House A.I. & Crypto Czar.” In this newly created role, Sacks will lead policy initiatives in artificial intelligence and cryptocurrency, areas Trump describes as “critical to the future of American competitiveness.” A prominent figure in […]

Crypto industry execs approve of Trump’s pick to lead SEC

December 5, 2024 Coin Telegraph

Coin Telegraph

Executives from Bitwise, Ripple, and Coinbase voiced their support for former SEC commissioner Paul Atkins to lead the agency after Gary Gensler’s departure.

Many executives representing high-profile cryptocurrency companies in the United States have weighed in on President-elect Donald Trump’s pick for the next chair of the Securities and Exchange Commission (SEC), and the feedback has mostly been positive.

In a Dec. 5 Bloomberg interview, Bitwise Asset Management general counsel Katherine Dowling said former SEC commissioner Paul Atkins was a “great choice” to lead the regulatory body.

She hinted that he could be less “antagonistic” to members of Congress than Gary Gensler, the current SEC chair who will resign on Jan. 20.

Bitcoin (BTC) Smashes Through $100,000 Following Trump’s Pick of Paul Atkins for SEC Chair

December 5, 2024 The Daily Hodl

Bitcoin

Bitcoin (BTC) shattered the $100,000 milestone for the first time after President-elect Donald Trump announced his new pick to chair the U.S. Securities and Exchange Commission (SEC). According to a new report by AP News, Trump has picked former SEC Commissioner and current Patomak Partners chief executive Paul Atkins to head the regulatory agency. As […]

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Trump Celebrates BTC’s $100K Milestone: ‘You’re Welcome,’ Says the President-elect

December 5, 2024 Bitcoin.com

Trump Celebrates BTC’s 0K Milestone: ‘You’re Welcome,’ Says the President-elect

Bitcoin

On Truth Social, U.S. President-elect Donald Trump extended his congratulations to bitcoin enthusiasts as BTC hit the $100,000 milestone. In a playful post, he added, “You’re welcome.” Crypto’s Biggest Cheerleader? Trump Congratulates Bitcoiners Bitcoiners got a shoutout from Donald Trump on Truth Social after bitcoin broke through the $100,000 barrier, hitting a record high of […]

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