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Donald Trump
Bitcoin Grapples with $100K as Rally on Trump's Crypto-Positive Comment Fizzles
Altcoins as a group outperformed bitcoin, with AVAX and LINK leading sector gains.
BlackRock Recommends 2% BTC Allocation
Asset management giant BlackRock, with over $10 trillion AUM, recommends investors allocate 1% to 2% of their portfolio towards bitcoin. Plus, wallets connected to President-elect Donald Trump's World Liberty Financial project purchased millions of dollars worth of altcoins, and Vancouver wants to become a "bitcoin-friendly city." "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Trump's Crypto Project Gets $30M Investment From Justin Sun
The investment by Sun, best known for creating the TRON blockchain, comes after World Liberty Financial saw slow initial sales of its WLFI token.
Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary
If the Senate confirms Bessent, the next person whose signature is on the front of paper U.S. currency will be a fan of digital assets created to replace the conventional financial system.
Another SEC Democrat to Drop Out, Leaving Republicans Running Agency by February
Commissioner Jaime Lizárraga, a Democrat, said he'll join Chair Gary Gensler in exiting the U.S. securities regulator, which will leave two Republicans and a single Democrat.
Trump Considers Crypto Lawyer for SEC Chair, Picks Howard Lutnick for Commerce Secretary
President-elect Donald Trump wants Cantor Fitzgerald CEO Howard Lutnick, and bitcoin enthusiast and banker for Tether, to serve as his Commerce Secretary. Trump is considering crypto lawyer Teresa Goody Guillén to lead the SEC, but ultimately the pick for SEC Chair and Treasury secretary remains unknown. "CoinDesk Daily" host Christine Lee breaks down the latest news on these high-profile roles in the incoming Trump administration.
Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC
A former SEC attorney who now represents blockchain companies, Goody Guillén would be "an instant change maker," said one token project founder.
Howard Lutnick, Tether's Wall Street Banker, Is Trump's Pick for Commerce Chief, Not Treasury Secretary
Lutnick, whose Cantor Fitzgerald has been a custodian for Tether since 2021, has been a vocal proponent of bitcoin and USDT for years.
Donald Trump’s Media Group Eyes Purchase of Crypto Exchange Bakkt: Report
Trump Media and Technology Group, which operates Truth Social, is nearing an all-stock deal to purchase Bakkt, a struggling crypto trading venue owned by Intercontinental Exchange.
