Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Oops, he did it again: President Donald Trump’s latest executive order could mark one of the biggest steps yet toward mainstream crypto adoption. His most recent executive order allows ‘401(k) investors to access alternative assets for better returns and diversification.’ Put more plainly, US citizens may now include cryptocurrencies such as Bitcoin and Ethereum in their 401(k) retirement accounts. It’s an opening that analysts say could channel billions of dollars into the crypto market. Billions of dollars flowing into crypto will lift more than just Bitcoin and…
Author: ₿e Proud
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Mike Novogratz, chief executive of Galaxy Digital, told CNBC that a new executive order from US President Donald Trump could make it easier for retirement plans to include cryptocurrencies. According to reports, the order asks the Labor Department to review ERISA rules so alternatives such as crypto, private equity, and real estate can be offered inside 401(k) plans. That’s a policy signal that could matter to many savers, but it will not instantly change how plans operate. Trump EO: Potential For Trillions In Retirement Savings Based on…
Key Takeaways Chinese regulators instructed brokerages and think tanks to cease promoting stablecoins due to fraud concerns. Despite a crypto ban, over-the-counter digital asset trading in China reached $75 billion in early 2024. Share this article Chinese financial regulators have instructed local brokerages and think tanks to cease promoting stablecoins through studies and public events amid concerns that the digital assets could be exploited for fraud, Bloomberg reported Friday, citing people with knowledge of the matter.Regulators were said to have issued guidance in late July and early August urging the groups to call off seminars and halt the dissemination of…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Twin Bitcoin billionaires Cameron and Tyler Winklevoss have put money into a new mining venture with direct ties to the Trump family, according to a Bloomberg report. The company, American Bitcoin Corp., is linked to Eric Trump and Donald Trump Jr. and was formed earlier this year. The amount the twins invested was not revealed. However, Hut 8 Corp. CEO Asher Genoot confirmed their contribution was part of a $220 million private placement that closed recently. The raise, which included both cash and Bitcoin, was described as…
Even after collecting more than 40% in the months of May and July, the $4,000 level remains elusive for Ethereum. The fact that Altcoin was unable to clear this level indicates that this is a resistance to beat as Ethereum continues its uptrend. It also shows that Altcoin has the power to keep this $4,000 from breaking, and one market expert has a unique interest in keeping the price under $4,000, due to a hedge fund. Ethereum over $4,000 makes sense for options traders At X Post, trader and market analyst Glengoodman has announced another angle against the beatdown, which…
Key Takeaways The SEC and Ripple have agreed to withdraw their appeals in the XRP litigation, ending a major phase of their legal battle. The district court’s ruling that XRP sales on public exchanges are not securities transactions remains in effect. Share this article The US Securities and Exchange Commission (SEC) and Ripple Labs have filed to dismiss their respective appeals in the long-running XRP case, a move that will formally close one of the highest-profile crypto enforcement actions in crypto history, the SEC announced Thursday.In an Aug. 7 joint stipulation lodged in the US Court of Appeals for the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin’s name is written in golden letters in meme coin lore. After all, it was the first major meme coin that really showed to the world that humor and finance can indeed blend, and blend beautifully, and that an investment opportunity doesn’t need to titillate a Harvard graduate’s intellect to be wildly profitable. Currently trading at $0.2202, $DOGE has climbed a chunky 27% over the past month. With a new altcoin bull run seemingly on the horizon, speculation is rife on whether this dog-themed token could turn…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin took a symbolic step into the US central bank on Thursday as President Donald Trump nominated Dr. Stephen Miran, the White House Council of Economic Advisers chair, to fill a vacant seat on the Federal Reserve Board of Governors through January 31, 2026, pending Senate confirmation. The short-term appointment follows the early resignation of Governor Adriana Kugler and gives the White House an immediate voice at the Board while a longer-run personnel shuffle—most notably the question of who succeeds Chair Jerome Powell when his chairmanship ends…
Robert Keele said this week that he has stepped down as xAI’s head of legal after just over a year, saying he wants to spend more time with his children. In his announcement, Keele also acknowledged “daylight between our worldviews” with boss Elon Musk, who hasn’t commented on Keele’s exit. “I love my two toddlers and I don’t get to see them enough,” Keele wrote, posting the news on both X and LinkedIn. Despite calling his time at the AI startup “incredible” and working with Musk “the adventure of a lifetime,” he said he couldn’t keep “riding two horses at…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure PEPE Coin, like the rest of the crypto market, has seen its price beaten down toward June lows once again after an explosive month of July. This has set the meme coin on another bearish path that could end up in a crash of the $0.00001 resistance. However, with the new week, there have been some positive changes, and indicators are starting to point toward a possible recovery that could send the price doubling. PEPE Enters Consolidation Phase The PEPE price is trending dangerously close to the…