Donald Trump’s Media Conglomerate Is Becoming a Bitcoin Reserve
Trump Media and Technology Group, a publicly traded company in which US president Donald Trump and his family own a majority stake, has raised $2.5 billion to accumulate a “bitcoin…
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Trump Media to raise $2.5 billion to build a bitcoin reserve
President Donald Trump’s media company said Tuesday that institutional investors will buy $2.5 billion in the company’s stock with the proceeds going to build up a bitcoin reserve. About…
US Supreme Court says Federal Reserve is unique, easing worries over Trump’s ability to fire Powell
A US Supreme Court ruling on Thursday in a legal battle over President Donald Trump’s firing of two federal labour board members contained a line that eased, for now, worries that the…
Mixing the Political and the Personal: Trump’s Swap Scheme and Crypto Reserve
The conflicts of interest can’t be ignored. Source link
Federal Reserve keeps rates steady, defies pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, defying President Trump's demands to lower rates to ease the economy's transition under his aggressive trade agenda. Source link
U.S. Dollar Falls. The Euro Could Step Up as Reserve Currency
The U.S. dollar has fallen about 9 percent in the past three months, according to an index that tracks its performance against a basket of major trading partners. Not since the 1970s has…
What to know about Trump's plans for a 'Strategic Bitcoin Reserve'
President Trump on Thursday signed an executive order to establish a “Strategic Bitcoin Reserve” and a stockpile of U.S. digital assets. The move came after Trump’s proposal for a crypto…
Trump’s crypto company launches strategic ‘token reserve’
WORLD Liberty Financial (WLF), the new crypto platform in which US President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to…
India central bank holds rates steady; cuts banks’ cash reserve ratio
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary…