Trump | Crypto

The market’s baseline XRP price prediction has improved this week after President Donald Trump signed an executive order (EO) that would allow 401(k) accounts to invest in cryptocurrencies.The Order instructs multiple agencies, including the U.S. Securities and Exchange Commission (SEC), to facilitate access to alternative assets for participant-directed defined-contribution retirement savings plans by revising applicable […] The post XRP Price Prediction: Trump’s $8.7 Trillion 401(k) Crypto Plan Could Trigger XRP Explosion to $1,000 appeared first on Cryptonews.

Trump’s executive order opening 401(k)s to crypto has drawn a mix of praise, caution and criticism from industry leaders and skeptics alike. United States President Donald Trump signed an executive order on Thursday opening the door for Americans to include crypto and other alternative assets in their 401(k) retirement accounts and other defined-contribution plans, a policy shift that has sparked optimism and caution from the crypto industry.  Trump’s executive order directs the US Labor Department to reevaluate restrictions on alternative assets like crypto, private equity and real estate in 401(k)s and other defined-contribution plans. As of the first quarter of 2025, US retirement assets totaled $43.4 trillion, according to the Investment Company Institute and the Federal Reserve Board. Defined-contribution plans, including $8.7 trillion in 401(k)s, accounted for more than $12 trillion. Read more

President Donald Trump signed an executive order on Aug. 7 to halt what his administration called discriminatory banking practices against the crypto industry. The order bars federal regulators from using “reputational risk” as justification to influence banks’ decisions about working with legal businesses. According to the administration, the digital asset sector has been disproportionately affected […] The post Trump signs executive order to end banking discrimination against crypto industry appeared first on CryptoSlate.

Summer Mersinger has hailed President Trump’s latest financial moves, noting that allowing diversified crypto holdings in 401(k) accounts and curbing banks’ use of “reputation risk” to refuse service marks a major shift toward mainstream digital asset adoption and wider financial access. The post Trump’s Executive Orders Mark A ‘Historic Shift,’ Blockchain Association CEO Summer Mersinger Says appeared first on Cryptonews.

The brothers invested an undisclosed amount in American Bitcoin, the mining company co-founded by two of Trump's sons and others. Cameron and Tyler Winklevoss, the co-founders of cryptocurrency exchange Gemini, have reportedly invested in American Bitcoin, the mining company tied to the US President Donald Trump’s family.  According to a Thursday Bloomberg report citing Hut 8 CEO Asher Genoot, the Winklevoss twins invested an unknown amount in American Bitcoin, the mining company co-founded by Donald Trump Jr., Eric Trump, and others. The company said in May that it was planning to go public through a merger with Gryphon Digital Mining. The reported investment was the latest connection between the Gemini co-founders and the the Trump family, including a $2-million contribution to Trump’s 2024 campaign, attending inauguration events, and participating in a March White House crypto summit. Read more

Federal Reserve Board of Governors member Adriana Kugler announced her resignation on Aug. 1, paving the way for a Trump nominee at the US central bank. Update (Aug. 7 at 8:33 pm UTC): This article has been updated to reflect that Donald Trump said he would nominate Stephen Miran to the Federal Reserve Board. US President Donald Trump said he would nominate Stephen Miran, chair of the Council of Economic Advisors, to temporarily replace Federal Reserve Board of Governors member Adriana Kugler after her resignation becomes effective on Friday. In a Friday social media post, Trump said Miran would serve at the Fed until Jan. 31, 2026, as the White House will “continue to search for a permanent replacement.” The president had reportedly been weighing economic adviser Kevin Hassett, former Fed governor Kevin Warsh and two other people to replace Kugler by the end of the week. Read more

ChatGPT's BTC Analysis has detailed a textbook coiled-spring setup as Bitcoin stays in a 0.09% band at $116,704 while holding above all major EMAs. A mooted Trump order to permit BTC in 401(k)s could break the deadlock via swift rally or shallow test. The post ChatGPT’s BTC Analysis: Trump 401(k) Push Sets Stage for Explosive $118K Breakout appeared first on Cryptonews.

Trump’s executive order comes as a group of bank associations are trying to block bank applications from four digital asset firms. US President Donald Trump is set to sign an executive order on Thursday instructing federal bank regulators to identify and fine financial institutions that engaged in “debanking.” According to Bloomberg on Thursday, citing a senior White House official, regulators will be required to review complaint data, while financial institutions under the purview of the Small Business Administration will be asked to make efforts to reinstate clients who were unlawfully denied banking services. Debanking has been a key concern among some political groups, who argue that businesses such as gun manufacturers and fossil fuel companies have been denied banking services for idealogical reasons. Read more

Trump is expected to sign an executive order targeting alleged debanking of crypto firms and conservative groups.

CFTC has partnered with the SEC on a fast-tracked crypto sprint after a White House report urged the US to lead the sector. The plan rolls out 24/7 markets, perpetual derivatives, pilot programs, and clearer token classes while seeking Congress support for broader oversight. The post US Regulators Begin ‘Crypto Sprint’ as CFTC Teams with SEC on Trump’s Crypto Plan appeared first on Cryptonews.

President Donald Trump’s administration released its most detailed digital asset policy report on Wednesday, outlining a broad regulatory roadmap for crypto but offered no new insight into the government’s proposed strategic Bitcoin (BTC) reserve. The 163-page document, prepared by the President’s Working Group on Digital Asset Markets, consolidates the administration’s position across stablecoin regulation, tax […] The post Trump administration unveils detailed crypto policy but shrouds Bitcoin reserve in mystery appeared first on CryptoSlate.

World Liberty Financial ETH holdings have increased; its total holdings are now 77,226 ETH, valued at about $296 million, with an approximate unrealized profit of $41.7 million. The post Trump’s World Liberty Financial Dumps $1M USDC for 256.75 ETH appeared first on Cryptonews.

Bettors on the Polygon-based prediction market Polymarket are assigning a 96.3% probability that the Federal Reserve leaves interest rates unchanged at its July 29–30 meeting, according to the platform’s contract covering the decision.  On top of the percentage of bets on “no change,” the platform’s dashboard shows 3% betting on a 25‑basis‑point cut, and less […] The post Polymarket shows 96.3% odds of no rate cut next week despite Trump claiming Fed is ‘ready’ to ease appeared first on CryptoSlate.

A coalition of crypto, fintech, and retail trade groups has urged President Donald Trump to take a firm stance in defending the nation’s open banking framework, warning that legal challenges by major banks threaten consumer data rights and could derail the administration’s innovation agenda. In a July 23 letter, the Financial Technology Association, Blockchain Association, […] The post Crypto, fintech lobbies urge Trump to defend open banking amid big banks’ legal challenge appeared first on CryptoSlate.

Crypto and fintech groups are urging Trump to defend open banking rules, warning the case could affect access to wallets, DeFi apps, and stablecoins. A coalition of trade groups representing the crypto, fintech, retail, and restaurant industries is urging President Donald Trump to defend open banking rules under a so-called legal attack by the nation’s largest banks. In a letter sent July 23, organizations including the Blockchain Association, Crypto Council for Innovation, and the Financial Technology Association claim that the US’s most powerful banks are undermining innovation by suing to block the implementation of new open banking rules and imposing “stunning” new data fees on fintech and crypto apps. On July 11, Bloomberg reported that JPMorgan plans to start charging fintech firms fees for access to their customers’ bank account data. According to pricing sheets sent to customers, the fees vary based on how the information is used, with higher charges applied to payments companies. Read more

Trump Media and Technology Group announced its acquisition of approximately $2 billion in Bitcoin and cryptocurrency-related investments, marking Donald Trump's continued involvement in crypto during his presidency. The post Bitcoin Price Prediction: Trump’s Media Company Buys $2B in BTC – Parabolic Bull Market Starting? appeared first on Cryptonews.

Backed by $2.5 billion in funding, Trump’s media company has started acquiring Bitcoin as part of its previously announced investment strategy. Trump Media and Technology Group, the company that owns US President Donald Trump’s Truth Social platform, said it held about $2 billion in “Bitcoin and Bitcoin-related securities” just a few days after significant cryptocurrency bills pushed by Trump advanced in Congress. In a Monday notice, Trump Media said it had acquired Bitcoin (BTC) as part of an investment strategy announced in May, in which it allocated $1.5 billion from stock sales and $1 billion from convertible senior secured bonds to purchase the cryptocurrency. The media company said it would continue to acquire “Bitcoin and Bitcoin-related assets” depending on market conditions.  Read more

Stellar may be setting up more upside after XRP's recent price surge, US President Donald Trump signed one of the first bills related to crypto, and other news. US President Donald Trump signed one of the first bills related to crypto and blockchain of his administration into law on Friday after delays due to debates in the House of Representatives and Senate. In a Friday signing ceremony attended by many cryptocurrency company executives and high-ranking Republicans, including Vice President JD Vance and House Speaker Mike Johnson, Trump signed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act into law. The president acknowledged the support of several crypto figures in attendance, including Kraken co-CEO David Ripley, Gemini co-founders Cameron and Tyler Winklevoss, Coinbase CEO Brian Armstrong, Circle CEO Jeremy Allaire, Tether CEO Paolo Ardoino and Robinhood CEO Vladimir Tenev. Read more

The Senate Agriculture Committee will consider President Donald Trump’s nominee for chair of the Commodity Futures Trading Commission, Brian Quintenz, as lawmakers weigh a broader shift in crypto regulation that could dramatically expand the agency’s role. The committee is scheduled to review Quintenz’s nomination during a July 21 hearing, ahead of a full Senate vote […] The post Lawmakers to review Trump’s CFTC chair nominee ahead of full Senate vote appeared first on CryptoSlate.

President Donald Trump signed the GENIUS Act into law on July 18, pledging that the measure will secure “global dominance” in crypto technology. The legislation gives the US its first federal framework for dollar‑backed stablecoins. Trump celebrated the passing of the bill, saying: “Crypto has gone up more than any stock. Crypto makes the dollar look good. […] The post Trump signs GENIUS Act into law, activating America’s first regulatory framework for stablecoins appeared first on CryptoSlate.