Trump
MicroStrategy Adds $5.4B of Bitcoin; Trump Taps Pro-Crypto Scott Bessent for Treasury Secretary
MicroStrategy has added another 55,500 BTC to their stack in the most recent bitcoin purchase. The company now holds nearly 387,000 BTC in total. Plus, Tether is reportedly in talks with Cantor Fitzgerald to support the firm's plan for a bitcoin lending program and president-elect Trump picks pro-crypto hedge fund manager Scott Bessent for Treasury Secretary. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Bitcoin Breaches New Record Above $98K as MicroStrategy Soars and Trump Considers 'Crypto Czar'
Bitcoin rally continues as the largest crypto by market cap surged above $98,000 heading into the U.S. morning Thursday. This comes as MicroStrategy and other companies holding corporate bitcoin treasuries soar and president-elect Trump reportedly talks with the crypto industry about a new White House post dedicated to crypto policy. Plus, former FTX executive Gary Wang was spared prison time by a judge. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Trump's Media Company in Talks to Buy Crypto Trading Platform Bakkt; Razzlekhan Gets 18 Months in Prison
Trump's media company is in advanced talks to acquire crypto trading platform Bakkt, expanding his foothold in the crypto industry. Plus, Robinhood is upgraded by ratings firm Needham from neutral to buy and Heather “Razzlekhan” Morgan was sentenced to 18 months in prison. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Can a Strategic Bitcoin Reserve Move Forward Without Congress? Experts Disagree
The U.S. government already holds more than 208,000 bitcoin, but retaining it is more complicated than might be assumed.
The Real Winner of the 2024 Elections: The Crypto Industry
The 2024 elections marked a significant turning point for the crypto industry, with a pro-crypto president-elect advocating for the U.S. as the "crypto capital of the planet," paving the way for a shift from regulatory enforcement to a clearer, more predictable regulatory framework that will facilitate mainstream adoption and innovation in the sector, says Christopher Perkins.
Ether Blows Past $3K, Builds Bullish Momentum After Trump's Election Win and Fed Rate Cut
ETH is on track to register its biggest weekly since May, but remains well below its record high.
Crypto for Advisors: Post Election Edition
As U.S. voters elected former President Donald Trump to be the nation's 47th president, the digital-asset market demonstrated its unique, real-time reaction capacity, surging on expectations of a crypto-friendly administration
Trump Family-Backed Crypto Project Makes $1M Gain in ETH Following Tame Token Sale
World Liberty Financial slashed its fundraising goal from $300 million to $30 million last week.
How This Crypto Hedge Fund Nailed the Trump Trade
Quinn Thompson, the founder of crypto hedge fund Lekker Capital, shared with CoinDesk why he was so confident Donald Trump would win the U.S. presidential election despite the polls.
How to Build an Asset Class in Three Easy Steps
Kelly Ye, portfolio manager at Decentral Park Capital and Andy Baehr, head of product at CoinDesk Indices, trade views, active manager vs indexer, on what steps are most important to shape the capital markets and investment landscape for digital assets in a post U.S. election world.
