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President Donald Trump says he persuaded Republican lawmakers who had withdrawn support for the GENIUS Act to back the legislation. After meeting with 11 of the 12 representatives in the Oval Office yesterday, Trump announced on Truth Social that they agreed to vote in favor of the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance Act. The House vote, initially delayed, has now been rescheduled for midday today. The GENIUS Act is formally known as the Guiding and Establishing National Innovation for U.S. Stablecoins Act. TD Cowen policy ahalyst Jaret Seiberg said in a note to clients yesterday that the firm expects the GENIUS Act to pass “because TRUMP is pushing for its enactment.” “Our view is that members of the House Freedom Caucus will relent to the President’s demand even though they object to having to accept the Senate version of the bill,” Seiberg said. ( @realDonaldTrump – Truth Social Post ) ( Donald J. Trump – Jul 15...

Dogecoin (DOGE), dubbed “the people’s crypto” by Elon Musk, dropped as much as 12.5% yesterday (-%22 in total over the previous week). As of now, the coin is down 7.29%. Dogecoin 24h price performance. Source: Finbold.com The plunge coincides with Musk’s formal exit from the Department of Government Efficiency (DOGE), the Trump administration initiative at the core of Musk’s plan to modernize information technology federal efficiency. Musk and Trump have been squabbling for some time now, with the former criticizing the latter’s recent spending bill and its consequences for the electric vehicle (EV) sector.  Yesterday, Musk even claimed Trump would have lost the election without his backing, prompting Trump to threaten to cancel federal contracts with his companies. Dogecoin price plunges Given that it’s a meme coin, Dogecoin’s value is more reactive to celebrity influence than actual fundamentals. In particular, it is reactive to Musk’s public moves....

Bitcoin supporters are backing Elon Musk after he called Donald Trump’s new tax-cut and spending bill a road to “debt slavery,” and hinted that he would support bitcoin (BTC) as a US reserve currency. The so-called “One Big Beautiful Bill Act” will reportedly add $2.4 trillion worth of debt to the US’ already $36.2 trillion in liabilities. It will also make $3.75 trillion in tax cuts, and will apparently leave 7.8 million people without access to health insurance thanks to a $1.3 trillion reduction in federal spending. On Wednesday, Musk launched an angry tirade against the bill and the debt it will create, calling it a “disgusting abomination.” He also responded to Coinbase CEO Brian Armstrong with an American flag emoji after Armstrong said BTC would become a US reserve currency if Congress doesn’t reduce the deficit. — Elon Musk (@elonmusk) June 4, 2025 Read more: CHART: Trump’s second term has been better for gold than bitcoin Bitcoiners think ...

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In what is a major move for both countries, the United Arab Emirates (UAE) has committed to a 10-year investment framework in the United States worth $1.4 trillion after meeting with US President Donald Trump, according to White House officials. Indeed, the financial commitment came after both sides met earlier this week. Moreover, the Trump administration Crypto Czar, David Sacks, met with senior UAE officials Friday to discuss both the digital asset industry and AI. Alternatively, the deal will see financial investments increase in the US and is expected to provide a massive boost to the economy. JUST IN: UAE commits to 10-year, $1.4 trillion investment framework in the United States after meeting with President Trump. — Watcher.Guru (@WatcherGuru) March 21, 2025 Also Read: Ripple Gains DFSA Approval: Crypto Payments Now Legal in UAE UAE Commits $1.4 Trillion US Investment Into AI Infrastructure, Manufacturing, and More Taking to Truth Social earlier this week, Donald Trump announce...

Ripple (XRP) is undoubtedly one of the leading tokens to exist in the current cryptocurrency space. The token has fought its way to reach the top of the radar and has spent the majority of its year fighting a heated legal battle with the US SEC. Now, with the token being part of Trump’s crypto reserve, will the US SEC finally dismiss the highly anticipated XRP case and liberate XRP from all legal barriers and shackles? Also Read: Amazon: 3 Reasons AMZN is Smartest Stock to Buy Right Now Ripple: New Developments Source: Reddit Ripple is currently one of the most trending crypto tokens to exist in the space. The token is now a crucial part of Trump’s crypto strategic reserve, which outlines the importance of the token on an administrative level. At the same time, Ripple is currently part of the budding ETF narrative, with firms eager to explore and launch XRP ETFs to woo consumers and investors on a larger scale. Such developments point towards Ripple’s undefeated stance...

Ripple (XRP) is one of the leading cryptocurrency tokens that have been creating credible noise as of late. The token is currently a crucial part of Trump’s strategic crypto reserve. At the same time, the token is gaining momentum with each passing day. Will Ripple (XRP) be able to find a new high by the end of March 2025? Let’s find out. Also Read: Top 3 Cryptocurrencies To Buy During The Current Market Dip Ripple: What’s Happening Source: Skilling.com Ripple (XRP) is currently one of the most popular cryptocurrency tokens to interact with at the moment. The token is currently sitting in the center of some of the most dynamic changes, which include the token being a part of a strategic crypto reserve. At the same time, XRP ETF development is also giving significant price popularity to the token. With the US SEC currently on a spree to end major legal cases against several crypto giants, Ripple is also in the queue, expecting its case with the SEC to resolve any time s...

The world’s largest cryptocurrency Bitcoin (BTC) was seen witnessing major volatility during the weekend. The asset has continued to remain below the $100,000 mark and was seen struggling to recover its gains. The latest crash was linked to US President Donald Trump yet again. While this caused chaos in the market, the community is hoping to see the king coin recuperate this week. Also Read: ChatGPT Predicts Shiba Inu (SHIB) Price For February 15 Analyzing the Bitcoin Market Source: Watcher Guru Trump reportedly declared steel and aluminum tariffs, the most recent round in the US trade war that is becoming worse. According to an Associated Press report, Trump declared that a 25% tax would be applied to any steel and aluminum coming into the United States. In addition, he said that the US government will impose reciprocal tariffs on nations that charge import duties on US goods. He added, “If they are charging us 130% and we’re charging them nothing, it’s not going to stay that way...

Author | Jinze, Chairman of Muse Labs, former Chief Researcher of Binance China Many people haven’t noticed that the biggest macroeconomic risk of this year, a significant increase in tariffs, will come into effect this Saturday (assuming he doesn’t back down at the last minute). It seems that Trump is extremely determined to substantially and widely raise tariffs. Starting today, tariffs on Canada and Mexico will be increased by 25%, and on China by 10%. And this is just the beginning; more tariffs are expected to be announced soon. Previously, many in the market, myself included, thought this was just a negotiation tactic of Trump’s and wouldn’t actually happen. After all, the industrial chain can’t be relocated overnight, and a rapid and widespread tax increase is a lose — lose outcome in the game. However, it turns out that Trump doesn’t seem to be afraid of economic and market fluctuations. His exact words were, “There may be some temporary, short — term disruptions, and people wi...

Donald Trump’s inauguration pastor Reverend Lorenzo Sewell has launched a crypto token that he says will help him and his followers to accomplish God’s vision. Unfortunately for Sewell and God, the token is down 97%. Just hours after Trump’s swearing-in ceremony the pastor announced the launch of “LORENZO.”  Announcing the token on X he said, “I need you to do me a favor and go and get that coin in order for us to accomplish the vision that God has called us to do in our Earth.” Reverend Lorenzo Sewell shared this video announcing his crypto token. Read more: Colorado couple accused of inventing church to run crypto scam According to GeckoTerminal the token was launched at 18:50 (GMT) and reached a high of $0.0353710 within three hours. However, it then plummeted almost 97% percent in just 30 minutes. Sewell has been a pastor for seven years and previously told Fox News, “It is impossible to be politically neutral.” Indeed, he’s hosted Trump at his chur...

The Official Trump price went ballistic and soared over 10,880% in the last 24 hours to trade at $10.01 as of 8:24 a.m. EST as degen investors pile into the crypto. The remarkable surge in the TRUMP price saw the meme coin’s fully diluted market soar to an eye-popping $21 billion within hours of its debut at 2:00 a.m. UTC.  TRUMP’s impressive performance comes after the token was promoted on the X account of US President-elect Donald Trump. But there are growing fears that the project might be a sophisticated scam. In the last year, several celebrities have seen their X accounts hacked to promote scam tokens that were deployed on the Solana blockchain through Pump.fun.  My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC — Donald J. Trump (@realDonaldTrump) January 18, 2025 ...

VeChain is currently trading at $0.049 on Monday and is up nearly 1.5% in the day’s trade. VET kicked-started a rally after Trump reclaimed the White House in November last year and surged 72%. The altcoin is attracting bullish sentiments, with investor confidence making a comeback in the markets. Traders believe Trump could boost the economy and lead it to greener pastures. In this article, we will highlight a price prediction on how high VeChain could trade this month after Trump takes office. Also Read: Shiba Inu to Double in Price, Rise 109% After Trump Takes Office VeChain: Should You Buy VET Before Trump Takes Oath? Source: Unsplash Leading on-chain metrics and price prediction firm CoinCodex has painted a positive picture for VeChain this month. However, the profits seem meager as the forecast estimates VET could surge by only 6% after Trump takes office. According to the price prediction, the supply chain-based cryptocurrency could reach a high of $0.052 a few days after T...