My Tiny Feed

apnews.com

Crypto Market Soars on Trump Victory

Bitcoin and other cryptocurrencies surged after Trump's win, driven by expectations of relaxed regulation and pro-crypto policies.

Read original article in English

English

United States

PoliticsUs PoliticsInvestmentRegulationMarketsCrypto

CoinbaseRobinhood MarketsMicrostrategySecurities And Exchange CommissionAj Bell

Donald TrumpElon MuskGary GenslerRuss MouldSusannah StreeterBrian Armstrong

How has Trump's stance on cryptocurrencies changed?: Trump's past skepticism of cryptocurrencies shifted to embracing them, including accepting crypto donations and promising to make the US a crypto hub.
What was the immediate market reaction to Trump's election victory?: Bitcoin reached a new high after former President Donald Trump's election victory, fueled by investor optimism about his pro-crypto stance.
Which cryptocurrencies and crypto-related stocks saw significant gains?: Several cryptocurrencies, including ether and dogecoin, also saw significant price increases, alongside crypto-related stocks like Coinbase and Robinhood.
How did key figures in the crypto industry react to the election results?: Coinbase CEO Brian Armstrong welcomed Trump's win, hoping for clearer regulations for digital assets, while other experts anticipate less stringent oversight from his administration.
What are the contrasting views on the future of crypto regulation under Trump?: Experts express both enthusiasm and caution; some see tremendous potential for growth under Trump's potential "light touch regulation," while others warn of inherent risks in cryptocurrency investments.

Jan 23, 01:10

Trump Announces Massive AI Investment Amidst Musk's Funding Dispute

President Trump announced a $500 billion AI infrastructure investment, creating a company called Stargate with SoftBank, OpenAI, and Oracle; Elon Musk disputes the funding, citing SoftBank's insufficient funds, highlighting tensions between him and OpenAI, amidst a lawsuit and his influence within the Trump administration.

Jan 23, 01:10

Trump's $500 Billion AI Project Faces Musk's Skepticism

President Trump announced a $500 billion AI infrastructure project, met with skepticism from Elon Musk, while White House press secretary Karoline Leavitt touted the initiative's benefits for American jobs; Trump also criticized Joe Biden's preemptive pardons in a preview of his Fox News interview.

Jan 23, 01:10

Nashville School Shooting Leaves One Student Dead, Another Injured

A 17-year-old student, Solomon Henderson, shot and killed a female student and injured a male student at Antioch High School in Nashville, Tennessee, on Wednesday, before taking his own life; this is the first school shooting in the US this year, according to CNN.

Jan 23, 01:10

Trump Delays TikTok Ban Enforcement, Leaving Legal Questions Unresolved

President Trump issued an executive order temporarily delaying the enforcement of a federal ban on TikTok, allowing the app to remain available to its 170 million US users despite the law taking effect Sunday, but leaving tech partners vulnerable to future legal action.