Trump, Bitcoin and Stablecoin
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The Week in Numbers: rising prices, soaring bitcoinFrom Donald Trump cooling talk he could oust Fed chief Jerome Powell, to bitcoin scaling new heights, we round up the week's big stories in business and finance over the week to July 18. Julian Satterthwaite reports.
The Trump administration is actively exploring a de minimis tax exemption for Bitcoin transactions to eliminate barriers to everyday Bitcoin and crypto use,
KEY TAKEAWAYS Ether, the second largest cryptocurrency after Bitcoin, continued to surge Friday after the House of Representatives approved three crypto-friendly bills that could give digital assets increased legitimacy.
The playbook for Donald Trump's presidency is becoming clearer, analysts said this week, revising their investment ideas for Trump's second term.
Donald Trump linked that DeFi project WLFI's native token might become tradable soon. The US President's crypto fortune slumped despite the new optimism. Donald Trump’s
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Asianet Newsable on MSNEthereum Outpaces Bitcoin After Trump Signals GENIUS Act Vote Could Proceed On WednesdayThe GENIUS Act is good news for Ethereum because it is likely to ban competing yield-bearing stablecoins that often offer higher and simpler returns.
Thumzup Media Corporation, with Donald Trump Jr. as an investor, has received board approval to hold up to $250 million in cryptocurrencies.
Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.