Tag #Cryptocurrency

lemonde.fr
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Trump Pardons Silk Road Creator Ross Ulbricht

US President Donald Trump pardoned Ross Ulbricht, the creator of the Silk Road online black market, on January 21st, 2024, after he was convicted in 2015 for drug trafficking and money laundering related to the platform's over \$200 million in sales and \$13 million in Bitcoin commissions.

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theguardian.com
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Trump Launches Cryptocurrency Amid Conflict-of-Interest Accusations

Days after his inauguration, President Trump launched a multibillion-dollar cryptocurrency, $TRUMP, alongside his wife's $MELANIA coin, prompting accusations of a "shameful" conflict of interest from former ethics officials due to his planned deregulation of the digital currency market.

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forbes.com
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Record Holiday Sales Mask High U.S. Consumer Debt

U.S. holiday retail sales for November and December 2024 hit a record $994.1 billion, a 4% increase over 2023, exceeding expectations despite high U.S. household debt of $17.9 trillion and consumers remaining budget-conscious.

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forbes.com
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Trump's Crypto Silence Triggers Market Crash

Bitcoin and cryptocurrency prices plunged after President Trump's inauguration speech, which lacked mention of digital assets, despite prior promises of a "strategic national bitcoin reserve". Trump's $trump and Melania's $melania memecoins, initially soaring, also crashed, highlighting market volat...

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forbes.com
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Trump's $TRUMP Cryptocurrency Launch Raises Securities Law and Ethical Concerns

President-elect Trump launched the $TRUMP cryptocurrency four days before his inauguration, causing its value to triple within 48 hours, raising concerns about securities law violations and the intersection of political power and private enterprise.

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abcnews.go.com
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Bitcoin Surges Past \$109,000 on Trump's Pro-Crypto Platform

Bitcoin's price hit \$109,000 on Monday as President-elect Trump's pro-crypto policies, including a potential US government stockpile and industry-friendly regulations, boost investor confidence. Trump's plans also include a crypto "czar" and regulatory council.

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theguardian.com
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Trump Pardons Silk Road Founder Ross Ulbricht

On Tuesday, Donald Trump pardoned Ross Ulbricht, the founder of the Silk Road, an online drug marketplace generating over \$200 million in illicit bitcoin transactions, overturning his life sentence and aligning with the Libertarian Party's stance against government overreach.

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cnbc.com
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Binance CEO Predicts Bitcoin All-Time High in 2025 Amidst Positive US Regulatory Outlook

Binance CEO Richard Teng predicts Bitcoin will hit a new all-time high in 2025 due to expected positive regulatory changes in the U.S. under President Trump, citing clearer regulations, pro-crypto political sentiment, and potential creation of a U.S. Bitcoin reserve.

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es.euronews.com
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Bitcoin Hits Record High Amidst Trump's Crypto-Friendly Policies

Bitcoin hit a record high of over $109,900 on Monday as President-elect Trump's meme coin, $Trump, generated over $10 billion in two days, reflecting market optimism towards his pro-cryptocurrency policies.

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dailymail.co.uk
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Buffett's Crypto Contradiction: Berkshire Hathaway Profits from Nubank's Cryptocurrency Success

Warren Buffett's Berkshire Hathaway holds \$1.179 billion in Nubank stock, a digital bank offering cryptocurrency trading, despite Buffett's public criticism of crypto; Nubank's stock surged 27 percent in 2024, and its crypto platform, Nucripto, gained 1 million users in its first month.

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elpais.com
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Trump's \$TRUMP Memecoin: \$40 Billion Paper Fortune, Ethical Concerns, and Market Volatility

President-elect Donald Trump launched a memecoin, \$TRUMP, on Solana, which surged over 600% to $72 before falling to around $50, resulting in a paper fortune of approximately \$40 billion for Trump and his family who own 80% via CIC Digital; Melania Trump also launched her own memecoin, \$MELANIA, ...

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theglobeandmail.com
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Trump Inauguration: Cautious Markets, Currency Volatility

On Monday, following Trump's inauguration, the dollar fell slightly while stocks were cautiously positive; however, the Canadian dollar and Mexican peso reached multi-year lows due to concerns about Trump's potential tariffs, while his new cryptocurrency, "$TRUMP", saw massive volatility, reaching n...

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