Trump is planning an executive order on crypto: Here’s what that could look like
The executive order would make crypto a ‘national priority.’
A Hidden Barrier to Smart Crypto Policy: The Ethics Rule Blocking Tech Talent
Forcing prospective officials to divest crypto doesn't improve crypto policy, says Blockchain Association's Dan Spuller.
Why XRP, Hedera, and Stellar Led Cryptocurrencies Higher This Week
The market bid up cryptocurrencies this week ahead of President Trump's inauguration, which could change the industry's landscape. According to data provided by S&P Global Market Intelligence, XRP (CRYPTO: XRP) was up as much as 43.2% since last Friday's stock market close and is currently up 37.3%. Hedera (CRYPTO: HBAR) jumped 41% and settled in at a 31.4% gain for the week, and Stellar (CRYPTO: XLM) was up 20% at its high and is now trading up 14.3%.
Stocks could be 'protected' from steep declines by Trump: BofA
Bank of America investment strategist Michael Hartnett argued that further downside in the stock market could be protected by Trump's pro-market policies.
Tesla stock jumps amid speculation Musk could buy TikTok
Tesla stock jumped amid speculation that CEO Elon Musk could potentially buy TikTok.
Federal Reserve withdraws from global regulatory climate change group
WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system. In a statement, the Fed said it was exiting the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) because its increasingly broadened scope had fallen outside the Fed's statutory mandate.
Federal Reserve says it will leave climate change organization
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how regulation of the financial system could help combat climate change. The Fed's membership has been criticized by Republicans in Congress. In a short statement, the Fed said it had “appreciated” working with the Network of Central Banks and Supervisors for Greening the Financial System.
Long-Standing Crypto Cases Are Winding Down Before Trump Takeover
(Bloomberg) -- Digital Currency Group and its subsidiary Genesis Global Capital settled Securities and Exchange Commission charges on Friday — the latest in a slew of crypto firms to do so as US regulators appear to clear their slates in the waining days of the Biden administration. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City
Oil Notches Fourth Weekly Advance as Sanctions Threaten Supplies
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Bitcoin, Ethereum, and Dogecoin Jump as Traders Bet on Trump Bump
The crypto market came to life on Friday, the last trading day for Wall Street markets before the Trump presidency begins on Monday. Bitcoin (CRYPTO: BTC) has led the way, rising 5.6% in the past 24 hours as of 12:30 p.m. ET and nearly crossing $105,000 per token. Ethereum (CRYPTO: ETH) is up a more modest 2.6% in that time, and Dogecoin (CRYPTO: DOGE) is up 7.3%.