Eric Trump, son of President-elect Donald Trump, detailed ambitions to establish the United States as a global leader in cryptocurrency during a CNBC interview in Abu Dhabi, United Arab Emirates. Eric Trump Tells CNBC That the Trump Administration Aims to Establish U.S. as a Crypto Superpower Speaking on Monday with CNBC, Eric Trump emphasized the […]
Bitcoin ASIC Maker Bitmain Shifts Gears With US Production Line Amid Incoming Trump Administration
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 […]
‘Free at Last’: WSJ Article Fuels Speculation on Crypto’s Bright Future Under Trump
Over the weekend, a lively discussion swept through social media as cryptocurrency enthusiasts dissected a Wall Street Journal article declaring that the U.S. “war against crypto is over” with Donald Trump’s return. Trump’s Return and the End of the Crypto Crackdown? WSJ Article Stirs Debate An article in the Wall Street Journal (WSJ) suggests that […]
Prelude to Currency War? Trump Threatens 100% Tariffs to BRICS Countries Abandoning the ‘Mighty’ Dollar
President-Elect Trump has threatened countries of the BRICS bloc leaving the dollar standard with 100% tariffs, applying the same playbook implemented against China, Mexico, and Canada. Trump remarked the U.S. would not stand and watch the bloc replace the dollar. Trump to Close U.S. Markets for BRICS Countries, Announces 100% Tariffs for Abandoning the Dollar […]
US Crypto Policy Under Trump Unlikely to Slow UAE Momentum, Says DRIFE Co-Founder
A co-founder of blockchain-based ride hailing believes the United Arab Emirates (UAE)’s crypto momentum won’t be significantly impacted by a new Donald Trump administration. Co-Founder Says ‘UAE Is Not Just a Fallback Option’ A new Donald Trump administration may create a more favorable crypto environment, but Firdosh Sheikh, co-founder of DRIFE, doubts any U.S. policy […]