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 President-elect Donald Trump has announced Stephen Miran as his nominee for the chair of the Council of Economic Advisers (CEA), a key position that influences economic policy in the U.S. Miran, a former senior adviser at the U.S. Treasury Department during Trump's first term, is known for his strong support of cryptocurrency, particularly Bitcoin. He has been a vocal critic of the current financial regulatory system, arguing that it stifles innovation and hampers financial growth​ . Miran's appointment aligns with Trump's broader strategy of fostering economic growth through innovation, including the promotion of digital assets like cryptocurrency. He believes that crypto could play a crucial role in driving the next economic boom under Trump's leadership​ . His views on crypto have earned him significant backing from the industry, including notable figures such as Michael Saylor, the executive chairman of MicroStrategy​ . The Senate must confirm Miran's nominatio...

 Former President Donald Trump has appointed Bo Hines, a former college football player and Republican candidate, to serve on the Presidential Advisory Council on Combating the Digital Asset Economy, a newly established council focused on cryptocurrency regulation and policy. Hines, who played football at Yale University, is well-known in political circles as a rising star in the GOP. His appointment signals a strong push by Trump to ensure that the government stays ahead of the rapidly evolving digital currency market. The council's mission is to advise the President on issues related to cryptocurrency, blockchain technology, and digital asset regulation. The advisory body is expected to play a key role in shaping the U.S.'s stance on cryptocurrency innovation, regulation, and security. Trump's move comes as part of his broader efforts to support the growth of the tech and financial sectors, while also addressing concerns over the regulation and use of cryptocurrencies in ...

The cryptocurrency market faced a wave of volatility this week, with Dogecoin (DOGE) and other meme coins experiencing sharp declines, while Bitcoin (BTC) retreated from its recent all-time high. Market analysts attribute the downturn to a combination of profit-taking by investors, macroeconomic uncertainties, and waning enthusiasm in speculative assets. Bitcoin’s Slide Bitcoin recently surged to an all-time high of over $70,000, buoyed by optimism surrounding institutional adoption and growing interest in spot Bitcoin ETFs. However, the leading cryptocurrency has since retreated, falling by approximately 7% in the past 24 hours to trade near $65,000. The decline comes amid concerns over inflation data and hints from central banks about tighter monetary policies, which may be influencing market sentiment. Meme Coins Take a Hit Dogecoin, often seen as the poster child of meme coins, dropped by over 12% in the past day, now trading at around $0.056. Other meme-based cryptocurrencies, s...

In a stunning turn of events, Bitcoin has surged to a new all-time high, surpassing previous records amid growing institutional adoption and investor optimism. The cryptocurrency, which has seen wild fluctuations throughout the year, has now caught the attention of both seasoned and retail investors alike, as it reaches unprecedented levels. One of the key factors driving Bitcoin’s recent surge is the growing recognition of its potential as a store of value, particularly by institutional investors. Companies like MicroStrategy, a business intelligence firm that has accumulated substantial Bitcoin holdings, have played a pivotal role in pushing Bitcoin into the mainstream. MicroStrategy’s commitment to Bitcoin has sparked a new wave of enthusiasm in the market, with many viewing the firm as a key player in shaping the future of digital assets. In addition to the Bitcoin rally, MicroStrategy is poised to make another major move—its preparation to join the prestigious Nasdaq 100 index. Th...

In a stunning turn of events, Bitcoin has plunged below the $100,000 mark following a surprise move by the Federal Reserve. The digital currency, which had been riding high for months, saw a sharp drop in value after the Fed's unexpected decision to raise interest rates, throwing the cryptocurrency market into turmoil. This unprecedented move has left investors, analysts, and even casual crypto enthusiasts reeling. Bitcoin's fall comes at a time when the world’s largest cryptocurrency was seeing increasing adoption across various sectors, with athletes, businesses, and even state governments embracing crypto in bold new ways. High-profile athletes have continued to make headlines for their embrace of digital currencies, with some even converting their entire salaries into Bitcoin. However, the ongoing volatility and regulatory uncertainty now cast doubt on the future of these crypto-driven deals. In the wake of Bitcoin’s crash, scams and fraudulent schemes have surged, preying ...