Donald Trump’s Media Company in Advanced Talks To Buy Crypto Trading Exchange Bakkt: Report

November 20, 2024 The Daily Hodl

Bakkt

A social media company that’s majority-owned by US President-elect Donald Trump is reportedly in talks to acquire Bakkt, a crypto trading and custody firm backed by Intercontinental Exchange Inc. The Financial Times, citing “two people with knowledge of the talks,” reports that the Trump Media and Technology Group, which operates Truth Social, a microblogging platform, […]

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Russia is free to use Bitcoin in foreign trade, says finance minister

Prediction markets could hold the key to seeing the future, say observers

November 20, 2024 Coin Telegraph

Coin Telegraph

Predictions markets had an edge on the polls in the 2024 US election, but are they actually helping pundits predict the future?

The decentralized betting market platform Polymarket left political commentators around the world stunned by its accuracy in sourcing information about the United States presidential election race between President-elect Donald Trump and Vice President Kamala Harris.

Now several commentators are backing the idea that prediction markets and the concept of “information finance” could be the next leap forward in humanity’s ability to make more efficient and educated guesses about the outcome of global events.

In a Nov. 9 blog post, Ethereum co-founder Vitalik Buterin outlines the concept of information finance, betting on the fact that betting markets are actually much more than just speculation engines.

Russia is free to use Bitcoin in foreign trade, says finance minister

Donald Trump taps crypto advocate Lutnick as commerce secretary

November 20, 2024 Coin Telegraph

Bitcoin

The future commerce secretary is a billionaire whose Wall Street firm has ties to Tether.

United States President-elect Donald Trump has chosen Cantor Fitzgerald CEO Howard Lutnick to be his Secretary of Commerce, according to press reports on Nov. 19. Lutnick has a long record as a cryptocurrency proponent.

The Secretary of Commerce is charged with advancing US business both domestically and abroad. The secretary is a member of the Cabinet of the United States — the president’s closest advisers. Lutnick is currently the co-lead of the Trump transition team and was seen as the most likely candidate for the Cabinet position.

Lutnick has attracted attention in the crypto world for his ties to the stablecoin issuer Tether (USDT) and statements he has made about Bitcoin (BTC).

Russia is free to use Bitcoin in foreign trade, says finance minister

President Trump Meets Milei: ‘Make Argentina Great Again’

November 17, 2024 Bitcoin.com

bitcoin.com

Javier Milei, the libertarian President of Argentina, became the first international leader to meet with President-elect Donald Trump at his Mar-a-Lago club following his victory at the polls. Trump confirmed the alignment of their policies, stating that Milei could “make Argentina great again.” Trump Meets Milei, Confirms Political Alignment With ‘Make Argentina Great Again’ Proposal […]

Russia is free to use Bitcoin in foreign trade, says finance minister

Ripple Labs and CEO come under fire amid rumors of a Trump meeting

November 16, 2024 Coin Telegraph

Brad Garlinghouse

Ripple's native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US.

Ripple Labs and CEO Brad Garlinghouse are facing criticism from industry executives after rumors that the CEO recently met with President-elect Trump began circulating on social media.

In response to the rumors, former Messari CEO and founder Ryan Selkis remarked: "Brad Garlinghouse is shilling XRP (XRP) and CBDC implementations." Selkis' comments were reposted by the vice president of research at Riot Platforms, Pierre Rochard.

Rochard agreed with Selkis and wrote "We can’t let Ripple co-opt the United States policymaking process with their anti-bitcoin agenda," and hoped that the President-elect would appoint more Bitcoiners to his administration.

Russia is free to use Bitcoin in foreign trade, says finance minister

Prominent US Prosecutor’s Office To Reduce Focus on Crypto Cases, Says Top Official: Report

November 16, 2024 The Daily Hodl

crypto

A prominent US Attorney’s office reportedly plans to reduce its focus on crypto cases with Donald Trump headed back to the White House. On Thursday, Trump announced on Truth Social that he planned to nominate Jay Clayton as U.S. Attorney for the Southern District of New York. Clayton led the Securities and Exchange Commission (SEC) […]

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Russia is free to use Bitcoin in foreign trade, says finance minister

‘There is a global race underway for Bitcoin’ — Anthony Pompliano

November 16, 2024 Coin Telegraph

Bitcoin

The election of a pro-crypto President in the United States and growing macroeconomic turmoil will continue to drive investors to Bitcoin.

Asset manager and investor Anthony Pompliano recently stated that the global Bitcoin (BTC) arms race between sovereign nations and governments has already started.

In an appearance on Yahoo Finance, Pompliano argued that market participants believe President-elect Trump will keep his campaign promises and establish a Bitcoin strategic reserve, and that doing so would be in the best interest of the United States to prevent being "Front-run by other countries." Pompliano asserted:

The pro-Bitcoin asset manager explained that the race to adopt Bitcoin is primarily driven by currency devaluation and noted that US residents lost approximately 25% of their purchasing power over the last five years.

Russia is free to use Bitcoin in foreign trade, says finance minister

Hashkey CEO: Trump’s Crypto Push Could Force China to Pivot

November 15, 2024 Bitcoin.com

bitcoin.com

Xiao Feng, CEO and Chairman of Hashkey, one of the few licensed crypto exchanges in Hong Kong, believes that Trump’s support for the cryptocurrency sector could accelerate a pivot from anti-crypto policies in China. Hashkey CEO: China Might Pivot Its Anti-Crypto Policies Following Trump’s Moves The recent endorsement of the cryptocurrency sector and bitcoin as […]

Russia is free to use Bitcoin in foreign trade, says finance minister

Trump mulls tapping crypto-friendly CFTC chair: Report

November 15, 2024 Coin Telegraph

CFTC

Summer Mersinger, a Republican CFTC commissioner who has urged the regulatory to take a more accommodating stance on crypto, is among those under consideration

President-elect Donald Trump's transition team is considering current and former Commodity Futures Trading Commission (CFTC) officials to chair the financial regulatory agency, according to Reuters News.

The CFTC plays a crucial role in regulated cryptocurrency markets in the United States, second only to the Securities and Exchange Commission (SEC).

Summer Mersinger, a Republican CFTC commissioner who has urged the regulator to take a more accommodating stance on crypto, is among those under consideration to chair the agency, Reuters reported.

Russia is free to use Bitcoin in foreign trade, says finance minister

Trump’s World Liberty Financial taps Chainlink as oracle provider

November 14, 2024 Coin Telegraph

Coin Telegraph

World Liberty Financial’s WLFI token is only available to accredited investors inside the United States and non-US residents.

President-elect Donald Trump’s decentralized finance platform, World Liberty Financial, has announced an integration with Chainlink’s price feeds to provide real-time, tamper-proof data to the DeFi project.

According to a Nov. 14 announcement, World Liberty Financial will leverage Chainlink oracles on the Ethereum mainnet to power the platform’s launch — based on an Aave v3 instance. Following the integration, Eric Trump, Web3 ambassador at World Liberty Financial and the son of the president-elect, had this to say:

World Liberty Financial’s choice to integrate Chainlink as an oracle provider follows yet another successful pilot test with the SWIFT interbank messaging system and further growth of the Chainlink ecosystem.

Trump

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