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Trump pushes crypto with White House summit and bitcoin reserve plan

President Donald Trump announced a U.S. Cryptocurrency reserve that includes Bitcoin, Ether, XRP, Solana's SOL token, and Cardano, leading to mixed reactions from the tech community.
Peter Schiff and Anthony Scaramucci have called for a Congressional investigation into Trump's cryptocurrency announcements, citing concerns about insider trading.
Gordon Johnson criticized what he termed market corruption concerning Trump's cryptocurrency reserve plan, linking it to a conflict of interest involving his crypto advisor, David Sacks.
Trump described the reserve as a 'virtual Fort Knox for digital gold' and stated that it would stabilize cryptocurrency volatility, advocating for Congress to pass supportive regulations.

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Alternet

'White collar defendants' and crypto entrepreneurs 'cast themselves as victims' in bid for Trump’s mercy

Since taking office, President Donald Trump has pardoned and granted clemency to many high profile individuals — and "potential petitioners have taken notice," Politico reports.Per Politico, "white-collar defendants [are] jolting to attention" and "casting themselves as victims of a crooked justice system" in a bid for Trump's lenience.“A Democratic District of Columbia Council member facing federal bribery charges has lavished public praise on …

11 hours ago·Washington, United States

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Daily Kos

Fin. Times Says Trump May Have >$350 mil. from $Trump

The Financial Times (FT) just released an article on the $Trump cryptocurrency, and how the Trumps have profited from it: https://www.ft.com/content/e2661977-32b8-4674-9d4f-f3816a54899a . FT says that Trump may have made more than $350 mil. from his...

1 day ago·United States

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watcher.guru

Coinbase to Hire 1,000 US Workers Amid Trumps Pro-Crypto Policy Shift

Coinbase CEO has announced the exchange will hire 1,000 US workers amid President Donald Trump's continued pro-crypto policy shift

1 day ago

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sherwood.news

Palantir plunges as Trump trades unravel

Assets including Palantir, Tesla, bitcoin, and others that soared following Trump’s victory in last year’s presidential elections have crashed in recent weeks.

1 day ago

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Bloomberg

US Crypto Push Threatens EU’s Strategic Autonomy, ESM Chief Says

The Trump administration’s support of crypto currencies could hurt Europe’s monetary autonomy, supporting the case for a digital euro, according to a top EU official.

1 day ago·United States

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