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☆ Charles Schwab incoming CEO: 'I feel silly' for not buying crypto
▼ + stars: | 2024-11-22 | by ( Jaures Yip | ) www.businessinsider.com time to read: +2 min

AdvertisementBitcoin is hovering near $100,000 as Trump considers a new crypto chief for his administration. Charles Schwab's incoming CEO said he has not personally invested in crypto and prefers stocks. Schwab plans to enter spot crypto trading, pending regulatory changes under Trump's policies. "Well, I think what's holding me back is just a question around the true value of crypto," he said. Advertisement"We will get into spot crypto when the regulatory environment changes, and we do anticipate that it will change, and we're getting ready for that eventuality," Wurster said.

Persons: Charles Schwab's, Schwab, Crypto, they've, Rick Wurster, Wurster, he's, Donald Trump's, Bitcoin, Trump, I've, I'm, They've, Andreessen Horowitz, we're Organizations: Trump, Bloomberg, Biden, Fidelity Investments, Robinhood Locations: bitcoin

☆ Needham upgrades Robinhood to buy, says Trump victory will boost the stock
▼ + stars: | 2024-11-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Robinhood is slated for more gains under a second Trump term, according to Needham. His $40 price target implies nearly 24% upside from Friday's close. Piper Sandler analyst Patrick Moley has also grown more bullish on the stock amid bitcoin's price surge, upping his price target by $6 to $36. Eight of 17 covering the stock have a buy or strong buy rating on the name, while the remaining ones have hold or underperform ratings. The average price target also points to 17% downside.

Persons: Needham, John Todaro, HOOD, Robinhood, Donald, Piper Sandler, Patrick Moley, Moley, bitcoin Organizations: Trump, Securities and Exchange Commission, LSEG Locations: HOOD

☆ Bitcoin hits $80,000. Why Trump is boosting crypto
▼ + stars: | 2024-11-10 | by ( David Goldman | ) edition.cnn.com time to read: +2 min

After briefly touching the $80,000 milestone, bitcoin was trading just below it Sunday mid-morning. The crypto industry believes Trump’s victory is a bullish sign for bitcoin and other digital currencies. Although Trump was once a bitcoin skeptic, once saying it “was based on thin air,” he has fully embraced crypto in recent months — unlike the Biden administration, which has sought to rein in crypto. A big reason Trump has changed his tune on crypto: He now has a financial stake in it. In September, Trump and his children started a new crypto business called World Liberty Financial.

Persons: CNN — Bitcoin, Donald Trump, Bitcoin, Trump, “, ” Trump, ”, Biden, Gary Gensler, ” Gensler’s, Sam Bankman, Gensler, Gensler’s, cryptocurrencies, Elon Musk Organizations: CNN, Biden, Liberty, . Securities, Exchange, ” Gensler’s SEC, SEC, Department of Justice, cryptocurrencies Locations: USA

☆ Piper Sandler says Trump will usher in a wave of mainstream crypto adoption — so buy these stocks
▼ + stars: | 2024-11-09 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

"Its monetized crypto offering is significantly more robust than traditional retail brokerage peers, with over 15 tokens available to trade," the analyst wrote of Robinhood. Still, Moley's $30 price target on Robinhood is only a fraction above where the stock closed Thursday. Moley's $250 price target implies that CME stock could add another 13% over the next 12 months. Moley's $35 price target is nearly 5% higher than where the stock closed on Thursday. Shares of Cboe have added 12% this year, trailing the broader market, and Moley's $220 price target implies an additional 9% upside.

Persons: Trump, Piper Sandler, Cryptocurrency, bitcoin, Patrick Moley, Moley, HOOD Organizations: CME Group, CME, BTC, ETH, Virtu, Derivatives, Clearing Locations: U.S

☆ Trump still hasn’t signed ethics agreement required for presidential transition
▼ + stars: | 2024-11-09 | by ( Betsy Klein | Alayna Treene | ) edition.cnn.com time to read: +6 min

As president, Trump repeatedly came under fire from ethics groups for potential conflicts of interest relating to his businesses and brands. A source familiar with the process acknowledged that details are still being worked out with the Biden administration regarding the ethics agreement, which is required by law under the Presidential Transition Act and which applies to all members of the transition team. Updates to that bill requiring the ethics pledge were introduced by Trump ally Sen. Ron Johnson, a Wisconsin Republican, and signed into law by Trump himself in March 2020. The Trump team ignored a pair of key preelection deadlines to unlock transition activities with the Biden administration’s General Services Administration and the White House. The ethics agreement was also due by October 1.

Persons: Donald Trump, Biden, Trump, Trump’s, Sen, Ron Johnson, Valerie Smith Boyd, Boyd, Max Stier, Joe Biden’s, Stier, ” Stier, ”, Jeff Zients, Howard Lutnick, Linda McMahon, Jamie Raskin, ” Raskin, George W, Al Gore’s, CNN’s Arlette Saenz, Fredreka Schouten Organizations: CNN, Trump, Wisconsin Republican, Truth, Biden, Services Administration, White, GSA, Center, Public Service, Public, “, Vance Locations: Wisconsin, Maryland, Florida

☆ Trump could pick government’s top ethics official – after key ally blocked Biden’s choice
▼ + stars: | 2024-11-08 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +3 min

CNN —President-elect Donald Trump could be in a position to select the government’s top ethics czar when he assumes office in January – after a key ally in the Senate blocked President Joe Biden’s pick to head the Office of Government Ethics. The federal agency is charged with monitoring compliance with ethics laws that are aimed at preventing corruption. Walter Shaub, the OGE director when Trump first took office in 2017, clashed repeatedly with the then-president at the start of Trump’s first term. Among other things, he openly criticized Trump for not relinquishing ownership of his real estate and licensing empire. The previous OGE director, Trump appointee Emory Rounds, left the position in July 2023.

Persons: Donald Trump, Joe Biden’s, Republican Sen, Mike Lee of, David Huitema, Biden, Lee, Harris, ” Huitema, Lisa Gilbert, ”, ” Gilbert, Virginia Canter, Trump, Walter Shaub, Shaub, Jimmy Carter, George W, Bush, Emory Rounds, Shelley Finlayson Organizations: CNN, Republican, Biden, State Department, Public Citizen, Democratic, Truth, Trump, Trump Organization Locations: Mike Lee of Utah, Washington

☆ Trump family given $337.5 million token stake in new crypto project, document reveals
▼ + stars: | 2024-10-18 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump family given $337.5 million token stake in new crypto project, document revealsCNBC's MacKenzie Sigalos joins 'Squawk Box' with new details about former President Trump's crypto project.

Persons: CNBC's MacKenzie Sigalos, Trump's

☆ Trump’s coin sale misses targets as crypto project’s website crashes
▼ + stars: | 2024-10-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump’s coin sale misses targets as crypto project’s website crashesCNBC's Mackenzie Sigalos joins 'Squawk Box' with the latest news on former President Trump's new crypto project.

Persons: CNBC's Mackenzie Sigalos, Trump's

☆ Trump's coin sale misses early targets as crypto project's website crashes
▼ + stars: | 2024-10-15 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +1 min

Donald Trump's new crypto project is off to a rough start. But WLF's website suffered regular and lengthy outages for much of the morning and early afternoon, contributing to a limited number of sales. That's less than 3% of the 20 billion tokens made available for public sale. Over the course of the day, the website frequently showed a page saying, "We are under maintenance." The glitchy launch is a potential setback to the Republican presidential nominee with just three weeks until the election.

Persons: Donald Trump, Donald Trump's, Zachary Folkman, WLF didn't, Trump Organizations: White, Washington , D.C, Liberty, Etherscan, Republican Locations: Washington ,

☆ Trump PAC has raised about $7.5 million in crypto donations since early June
▼ + stars: | 2024-10-15 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +5 min

Adam Gray | Afp | Getty ImagesA political action committee supporting former President Donald Trump has raised about $7.5 million in cryptocurrencies. The PAC said the latest filing covered donations in the period of July 1 through Sept. 30, but numbers included cumulative contributions. At least 18 donors gave more than $5.5 million in bitcoin to Trump 47, the filing shows. Trump said in his keynote that his campaign had raised $25 million from the crypto industry, though he didn't specify the split between digital tokens and dollar donations. Among the new donors is Chase Herro, one of the co-founders of the Trump family's new crypto project World Liberty Financial.

Persons: Eric Trump, Donald Trump, Donald Trump , Jr, Adam Gray, Andreessen Horowitz, Lockheed Martin, David Bailey, bitcoin . Bailey, indoctrinated Trump, Trump, Chase Herro, Mike Belshe, Brian Murray, Craft, David Sacks, Trevor Traina, Bruce Fenton, Gary Cardone, Stuart Alderoty, Alderoty, Sacks, Chris Larsen, Kamala Harris, Forward, Larsen, Gary Gensler, Biden, Marvin Ammori, Tyler, Cameron Winklevoss Organizations: Republican, World Trade, Afp, Getty, Trump, U.S, GOP, PAC, Public Citizen, Lockheed, Duthie Power Services, Esperanza Entertainment, BTC Inc, Liberty Financial, Craft Ventures, Kresus Labs, Chainstone, Cardone Digital Ventures, CNBC, White, SEC, Biden, Harris Locations: New York City, cryptocurrencies, Puerto Rico, bitcoin ., Nashville, bitcoin, XRP, San Francisco, Harris, Bay

☆ Harris PAC's $1 million contribution from Ripple's Chris Larsen shows crypto industry warming to VP
▼ + stars: | 2024-10-15 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

In total, Larsen has given around $1.9 million to support Harris' campaign directly and through PACs, according to FEC data compiled by crypto market and blockchain analyst James Delmore and independently verified by CNBC. Nearly half of all the corporate money flowing into the election has come from the crypto industry, according to a recent report from the nonprofit watchdog group Public Citizen. "What we've had to date has been almost like purposeful chaos by Gensler to kind of crush the domestic industry," Larsen said. Horowitz said that he and his wife, Felicia, "have known Vice President Harris for over 10 years and she has been a great friend to both of us during that time." On Monday, the Harris campaign unveiled its "Opportunity Agenda for Black Men" in a report.

Persons: Chris Larsen, Donald Trump's, Chris Larsen isn't, Ripple, Kamala Harris, Larsen, who's, Harris, he's, Biden, " Larsen, isn't, James Delmore, that's, Evelyn Hockstein, Andreessen Horowitz, Trump, keynoted, Josh Shapiro, John Deaton, Massachusetts Republican who's, Democratic Sen, Elizabeth Warren, Nancy Pelosi, Gary Gensler, Brad Garlinghouse, Marvin Ammori, Skybridge Capital's Anthony Scaramucci, Scaramucci, Warren, Ben Horowitz, Marc Andreessen, Horowitz, Felicia, Delmore Organizations: YouTube, White, CNBC, Biden, Democratic, Harris, Fund, Forbes, Public Citizen, U.S, Erie International Airport, Democratic Pennsylvania Gov, Massachusetts Republican, Nancy Pelosi Victory Fund, Biden PAC, SEC, Trump, Ripple, White House, Sen Locations: Bay, Erie , Pennsylvania, U.S, Nashville , Tennessee, Massachusetts, Washington ,, New York

☆ Trump's crypto coin goes on sale with Election Day just three weeks out
▼ + stars: | 2024-10-14 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

World Liberty Financial is separate and apart from Trump Media & Technology Group , the parent company of social media platform Truth Social. Trump Media, known by ticker symbol DJT, started trading in March, after going public through a special purpose acquisition company (SPAC). On Tuesday, the former president and current Republican nominee aims to launch WLFI, the token accompanying his new crypto project called World Liberty Financial. Trump owns about 57% of DJT's outstanding shares, but his potential control over World Liberty Financial is more opaque. Folkman added that WLF would publish the "long-awaited" roadmap for the project on Tuesday, in tandem with the token sale.

Persons: It's, that's, they're, Trump, Donald Trump, Zachary Folkman, Donald J, Folkman, it's, WLF, Stani Kulechov, Kulechov, Monday's Organizations: Liberty, Trump Media & Technology Group, Trump Media, CNBC, Republican, Nasdaq, Truth Social, SEC, Trump, Finance, Liberty Financial, Permissionless Locations: New York City, U.S, DeFi, Salt Lake City , Utah

“There’s no endgame — it’s starting to feel like a forever war,” said Frank Lowenstein, special envoy for Israeli-Palestinian negotiations under President Barack Obama. Storm-battered Florida declares another emergency as Hurricane Milton approachesTropical Storm Milton rapidly intensified into a Category 1 hurricane Sunday with its path aimed at Florida, less than two weeks after Hurricane Helene made landfall in the state. Ron DeSantis said in a briefing that Milton is expected to make landfall in Hillsborough or Pinellas county Wednesday evening. Since 1850, only two storms that originated in the Gulf’s Bay of Campeche have struck Florida. Politics in briefPresidential promotions: With just weeks before the election, Trump has taken to promoting items and businesses that aren’t connected to his campaign, from a new cryptocurrency platform to NFT trading cards.

Persons: Israel’s, “, ”, Frank Lowenstein, Barack Obama, it’s, Yoram Schweitzer, Tropical Storm Milton, Helene, Ron DeSantis, Milton, Trump, Donald Trump, Corey Comperatore, Elon Musk, MAGA, Adam Schiff, Joe Biden’s, ” Schiff, Kristen Welker, Harris, Notre, Amy Coney Barrett, Melania Trump, Lejeune Leo Case, Jessie Hoerman Leo Case, Lejeune, ‘, Justine Goode, Instagram, Sam Darnold, Kirby Lee Organizations: Milton, Tropical Storm, Gov, Trump, Service, NBC News, Press, Capitol, Notre Dame, Catholic, Supreme, Sunday, Fox News, Lejeune, Pacific, Marine Corps, NBC, Football, Minnesota Vikings, New York Jets, Tottenham Hotspur Locations: Israel, Gaza, Lebanon, Iran, Florida, Tropical, Hillsborough, Pinellas, Gulf’s, Campeche, Gulf of Mexico, Butler , Pennsylvania, “, Iwo Jima, North Carolina

With just weeks left before the November election, former President Donald Trump has taken to promoting items and businesses that are not at all connected to his presidential campaign. “You’re going to love them,” Trump wrote on his Truth Social platform last week of his new line of branded watches, which cost anywhere from $499 to $100,000. “Would make a great Christmas gift.”While running for president this cycle, Trump has also promoted a sneaker brand, boots and even Bibles — all of which are business and not campaign ventures. Do I think that a single Trump voter in America is not voting for him because of any of this? Selling watches in Manhattan.”“He wants to do everything and anything and throw everything against the wall,” the Trump ally said.

Persons: Donald Trump, “ You’re, ” Trump, They’re, “, Trump, Jared Polis, “ He’s, ”, “ I’m, ” Rep, Byron Donalds, “ Donald Trump, “ It’s, Kamala Harris, Melania, Harris, ” Long, —, Sen, Marco Rubio, Rubio, he’d, it’s, ‘ Organizations: Democratic, NBC News, Trump, ”, Make, Liberty Financial, Trump University — Locations: Colorado, America, ”, Philadelphia, Manhattan

☆ Trump hawks $100,000 watches as he leverages his candidacy for profit
▼ + stars: | 2024-09-26 | by ( Steve Contorno | Alejandra Jaramillo | ) edition.cnn.com time to read: +2 min

The GOP nominee announced his latest branded merchandise, Trump Watches, on social media Thursday – 40 days before the election and on a day when he did not appear on the campaign trail. A disclaimer on the website discloses that neither Trump nor his company designed, manufactured, distributed or sold the watches. Rather, a company named “TheBestWatchesOnEarth LLC” licensed the Trump name to sell the line of wrist watches. This week, he also launched “Trump Coins” – a 1oz .999% silver medallion with the former president’s face on one side and his signature on the White House on the back. Like the watches, the Trump Coins are the result of another licensing deal.

Persons: Donald Trump, hawking, ” Trump, Trump, Donald Trump Jr, “, Kamala Harris, Steve Witkoff Organizations: CNN, GOP, Trump, Truth, “ Trump, White, Trump Coins, Mar

☆ Insider Today: Nike's airball
▼ + stars: | 2024-09-22 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. I'll be here on the weekend to break down some of the biggest stories in business and help you get ahead. The Oregon-based company last week announced Elliott Hill would return to the company as CEO, replacing John Donahue. AdvertisementAn internal "Frequently Asked Questions" document, obtained by Business Insider, outlined how the RTO plan will work.

Persons: —, Matt Turner, Donald Trump, There's, It's, it's, Elliott Hill, John Donahue, Dre Waltizer, Jeff Chiu, Alyssa Powell, Larry, Wayne Osborne, Osborne, Wayne, Andy Jassy, David X Prutting, Paul Porter, Rebecca Zisser, Alexander brothers, Oren, Alon, Tal Alexander, iStock, — Mark Zuckerberg, Taylor Swift Organizations: Service, Fed, Nike, Business, Investors, Google Locations: China, The Oregon

☆ The lawyer for Trump's new crypto firm was accused of trying to take over another digital asset company
▼ + stars: | 2024-09-20 | by ( Katherine Long | ) www.businessinsider.com time to read: +1 min

Former president Trump unveiled a new crypto company earlier this week, World Liberty Financial. Alex Golubitsky was fired from another crypto firm amid a dispute with its CEO, court docs show. On Monday, Trump announced he would be the face of World Liberty Financial in a livestream on X. While it's unclear what his official role in the organization is, he's listed in a company white paper as its "chief crypto advocate," according to a white paper obtained by CoinDesk. Three of Trump's children are also connected to World Liberty Financial, including his 18-year-old son Barron.

Persons: Trump, Alex Golubitsky, —, Donald Trump's, CoinDesk, Barron Organizations: Liberty, Service, Business

☆ Trump's crypto allies boast lavish lifestyles amid trail of debts
▼ + stars: | 2024-09-19 | by ( Katherine Long | ) www.businessinsider.com time to read: +7 min

Three of Trump's children are employees of World Liberty Financial, including his 18-year-old son Barron, who CoinDesk reported holds the title of "DeFi visionary" at the company. World Liberty Financial's spokesperson, Jim Redner, told BI he has "no information." Both were involved in a project called Dough Finance, whose source code appears remarkably similar to that of World Liberty Financial, Coindesk reported. It's still unclear when World Liberty Financial will begin allowing investors to purchase its tokens. "Attention community: Please be aware of scams and fake tokens," World Liberty Financial posted on Telegram last month.

Persons: —, Donald Trump, Trump, Zachary Folkman, Chase Herro, Crypto, he's, Barron, CoinDesk, Herro, they've, Folkman, Jim Redner, I've, Redner, he'd, JPMorgan Chase, Folkman's, Zack Bauer, AmEx, Coindesk Organizations: Service, Liberty, U.S ., Business, Trump, World Liberty, Facebook, Ritz Carlton, Virgin Islands, Liberty Financial's, JPMorgan, Bloomberg, American Express, Finance, Dough Finance, Liberty Financial Locations: Greenwich Village, Caribbean, Puerto Rico, California , New York, Virgin, Los Angeles, San Diego, California

Former US President Donald Trump speaks at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. Bloomberg | Bloomberg | Getty ImagesSINGAPORE — Cryptocurrency insiders downplayed the potential impact of the U.S. presidential election in November on the market here in the Lion City, even though some also said that former President Donald Trump is seen as more crypto-friendly. Anthony Scaramucci, founder and managing partner of SkyBridge Capital, a global alternative investment firm, predicted that if Harris were to win the election, her handling of crypto regulation would largely be the same as Trump. The Trump family recently launched a new crypto project called World Liberty Financial. Goals set by those involved in the project suggest that it will resemble a crypto banking platform.

Persons: Donald Trump, Kamala, Harris, Trump, Charles Hoskinson, CNBC's, Hoskinson, it's, Anthony Scaramucci, Scaramucci Organizations: Bloomberg, Getty, SINGAPORE, U.S, Trump, Bitcoin Conference, European Union, SkyBridge, Liberty Locations: Nashville , Tennessee, Lion City, TOKEN2049, Singapore, Nashville, U.S ., U.S

☆ New details of Trump family crypto project released, including who can buy in
▼ + stars: | 2024-09-17 | by ( Mackenzie Sigalos | Christina Wilkie | Mackenzie Sigalos Is A Technology Reporter For Cnbc With A Focus On Cryptocurrency | ) www.nbcnews.com time to read: +6 min

For over a month, the former president and his family have been pumping up a project called World Liberty Financial, promising that it will do many things at once. He’s also part of the small group of World Liberty Financial founders, according to an internal report on the project obtained by CoinDesk. Witkoff was seated to Trump’s right during Monday night’s spaces, and described how he brought the Trump family together two crypto entrepreneurs. Alongside Trump and Witkoff, founders include Donald Trump Jr., Eric Trump and Barron Trump, as well as Witkoff’s son, Zach Witkoff, according to a person briefed by a member of the group’s founding team. CNBC reached out to Eric Trump and Witkoff to ask about their leadership roles within World Liberty, and didn’t immediately receive a reply.

Persons: Donald Trump’s “, Zak Folkman, Folkman, Trump, Gary Gensler, Steve Witkoff, Witkoff, Trump’s, He’s, “, Chase Herro, I’ve, ”, ‘, Eric, Don Jr, Let’s, We’ve, Donald Trump Jr, Eric Trump, Barron Trump, Zach Witkoff, CoinDesk, Barron, ” Eric, Donald Jr, didn’t, Donald Trump Organizations: Republican, Trump, Liberty Financial, Securities, Exchange, Securities and Exchange Commission, SEC, Trump International Golf Club, FBI, World Liberty Financial, CoinDesk, Witkoff, Trump Media Technology Group, NBC, ”, Bloomberg, Trump Organization, Liberty, CNBC, GOP Locations: West Palm Beach , Florida, Nashville

☆ Donald Trump is going all-in on the crypto bro vote
▼ + stars: | 2024-09-17 | by ( Grace Eliza Goodwin | Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Read previewFormer President Donald Trump is taking his courtship of the crypto industry to the next level. "If we don't do it, China will do it," Trump told Sarmad, referring to making cryptocurrency mainstream. Ahead of the Monday livestream, Trump said he would use the event to launch his latest business venture: a new crypto-banking platform called World Liberty Financial. During the Monday livestream, Trump credited his changing perspective on crypto to his NFTs' positive response. During the Monday livestream, Trump took a scaremongering approach, encouraging crypto lovers to vote for him lest they court hostility from the US Securities and Exchange Commission.

Persons: —, Donald Trump, Web3, Trump, Sarmad, Chase Herro, Zach Witkoff, Steve Witkoff, Trump's, Donald Jr, Eric, Barron, Don Jr, Kenneth Niemeyer, hocking NFTs, Joe Biden, poising, you'd, bitcoin, Kamala Harris Organizations: Service, Republican, Business, Liberty, Liberty Financial, CNBC, Trump, New York Times, US Securities and Exchange Commission, Analysts, Fox Business Locations: China, Nashville, United States, cryptocurrencies

☆ Trump family unveils new details of their DeFi crypto platform 'World Liberty Financial'
▼ + stars: | 2024-09-17 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump family unveils new details of their DeFi crypto platform 'World Liberty Financial'CNBC's MacKenzie Sigalos reports on the launch event for the Trump family's new crypto platform, World Liberty Financial.

Persons: CNBC's MacKenzie Sigalos Organizations: Liberty, Trump, Liberty Financial

☆ Bitcoin climbs above $60,000 ahead of Fed rate decision
▼ + stars: | 2024-09-17 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Bitcoin reclaimed $60,000 on Tuesday as investors awaited details of the Federal Reserve's rate cutting plans. Bitcoin "is likely to react to the news of a Fed rate cut with some retrenchment as the short-term market dynamics filter out," said Philipp Pieper, co-founder of Swarm Markets. The market is divided on whether the Fed would reduce rates by 25 or 50 basis points. One basis point equals 0.01%. Investors have been anticipating Fed rate cuts, the growth of bitcoin ETFs and the outcome of the U.S. presidential election as the next catalysts to shake up the crypto market.

Persons: Bitcoin, cryptocurrency, Donald Trump, Philipp Pieper, bitcoin Organizations: Metrics, Federal Reserve, Swarm Markets, Nasdaq, Investors, U.S

☆ New details of Trump family crypto project released: Here's what to know
▼ + stars: | 2024-09-17 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew details of Trump family crypto project released: Here's what to knowCNBC’s MacKenzie Sigalos joins 'Squawk Box' to report on the details of Trump family's new crypto venture.

Persons: Trump, CNBC’s MacKenzie Sigalos

☆ ‘All of a sudden we heard shots’: Trump recounts apparent assassination attempt
▼ + stars: | 2024-09-16 | by ( Kate Sullivan | ) edition.cnn.com time to read: +1 min

CNN —Former President Donald Trump on Monday publicly recounted the apparent assassination attempt against him in detail for the first time, praising US Secret Service, other law enforcement and the witness who took a photo of the suspect’s car that helped lead to his apprehension over the weekend. “I was playing golf with some of my friends, it was on a Sunday morning and very peaceful, very beautiful weather, everything was beautiful, it’s a nice place to be. And all of a sudden we heard shots being fired in the air, and I guess probably four or five, and it sounded like bullets. But Secret Service knew immediately it was bullets, and they grabbed me, and I think probably the other one, Steve is one of the people. Steve Witkoff, a great friend of mine,” Trump said during an X Spaces conversation in which he was expected to launch a new cryptocurrency business.

Persons: Donald Trump, “, Steve, Steve Witkoff, ” Trump Organizations: CNN, Service

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