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President Donald Trump is scheduled to sign an executive order on Thursday, August 7, allowing 401(k) retirement plans to include private equity, real estate, and cryptocurrencies, among other similar assets. The order will instruct the U.S. Department of Labor to review and possibly revise the existing guidelines on the inclusion of alternative investments in retirement plans governed by the Employee Retirement Income Security Act of 1974 (ERISA), as reported by Bloomberg . In addition, the department will also have to clarify how exactly fiduciary duties apply when asset allocation funds offer exposure to newly included holdings. What does Trump’s new 401(k) order mean? The move would benefit alternative asset firms the most, giving them access to a new $12 trillion retirement market and helping their investment products reach the mainstream. Of course, the crypto market as a whole is expected to feel the effects of the new order. Bitcoin (BTC), for instance,...

The Powell Trump meeting at the Federal Reserve headquarters on Thursday actually turned quite confrontational, and it was something that caught attention right across financial markets. President Trump was pressing Jerome Powell for rate cuts while also criticizing renovation costs that have been mounting up. Trump won’t fire Jerome Powell, the president confirmed after their heated exchange, though the meeting really highlighted the same serious tensions over monetary policy decisions. The Powell Trump meeting occurred just days before the Fed’s policy meeting where rates are expected to remain unchanged, even despite Trump’s ongoing demands. Also Read: Trump Epstein Files Fallout: Could DJT and Rumble Stocks Tumble? Powell Trump White House Meeting On Rate Cuts And Economy Source: AP News Heated Construction Cost Dispute Disagreements over the Fed’s renovation project costs dominated the Powell Trump tense visit, and witnesses found it pretty uncomfortable to ...

Peter Schiff’s warning about Trump’s Vietnam trade deal is proving accurate right now, as Americans face higher costs while Vietnamese consumers benefit from lower prices. Schiff’s Trump Vietnam deal critique highlights that Trump’s Vietnam trade deal creates inflation risks and rising supply chain costs for American consumers. This 20% tariff agreement also accelerates the de-dollarization trend affecting global markets at the time of writing. Also Read: Ethane Flow Restarts: China Taps US Supply After Rare Earth Deal How Vietnam Trade Fallout, Inflation, And De-Dollarization Collide Image Source: Unsplash The Schiff Trump Vietnam Deal Warning Materializes Peter Schiff stated: “As a result of Trump’s trade deal with Vietnam, Americans are losers and Vietnamese are winners, relative to their positions under Biden. Americans will suffer by paying higher prices for Vietnamese imports, while the Vietnamese will enjoy paying lower prices on American impo...

USD1, the stablecoin from Trump-affiliated World Liberty Financial, has issued its first reserve report, and in doing so, revealed that it holds no excess reserves. The report, which was reviewed by the accounting firm Crowe, provides information about USD1 as of April 30. Issued by the custodian, BitGo, the report notes that the entirety of the reserves is invested in the Fidelity Investments Money Market Government Portfolio—Institutional Class. Read more: World Liberty Financial announces USD1 without governance vote This money market account is made up of US government securities of various types, including treasuries and other agency debts. USD1 reserves have no safety cushion Unlike other stablecoins, USD1 doesn’t keep excess assets in its reserves. This means that if this money market fund were to break the buck, then USD1 would have insufficient assets available to back the token . This is sharply different from other stablecoins; Tether,...

Donald Trump is extending his push into crypto with a new plan to launch a Truth Social Bitcoin ETF, his latest move in an increasingly controversial expansion into digital assets. The proposed exchange-traded fund, filed by NYSE Arca on behalf of Yorkville America Digital, a financial partner of Trump Media & Technology Group, aims to track Bitcoin’s price performance. If approved, the Truth Social Bitcoin ETF would mark a major expansion of Trump’s growing crypto footprint, adding to a controversial digital asset portfolio that includes meme coins, NFTs, and a mining venture, many of which have drawn scrutiny over potential conflicts of interest. Truth Social Bitcoin ETF To Have Same Custodian As Crypto.com The filing did not disclose details about the proposed Truth Social Bitcoin ETF, with the management fee and ticker of the fund still unknown.  However, NYSE Arca’s filing did say the fund “seeks to reflect generally the performance of the pri...

Donald Trump’s second term has seen him embrace bitcoin (BTC) — often referred to as “digital gold” — and cryptocurrency, including issuing executive orders and promising legislation that will regulate stablecoins and market structure. BTC has seen its price appreciate approximately 4.3% since Trump’s inauguration. Interestingly, the GLD Exchange Traded Fund (ETF), which tracks the price of actual gold, has seen its price appreciate approximately 22% since the beginning of Trump’s second term, substantially more than the so-called “digital gold.” Read more: Crypto cases Trump’s SEC has paused and dismissed in 2025 Gold was briefly an important issue for this administration when Trump’s advisor Elon Musk misrepresented the status of gold held at Fort Knox. Musk pretended that it wasn’t commonly checked and then implied that it was gone. Additionally, Trump’s Executive Director of the ...

The cryptocurrency market is currently sitting at a neutral position, inclining towards the bullish phase. With the increased global institutionalization and adoption of Bitcoin, the world is becoming crypto-aware, a credit that goes to US President Donald Trump. Trump’s cryptocurrency-centric policies have helped the domain gain a central spotlight. While Bitcoin aims at a new polished price target of $110K, how high will leading altcoins like DogWifHat (WIF) and TRUMP (Trump) surge in June 2025? Let’s find out. Also Read: Trump Coin Rallies 70% in 30 Days: $60 May Be Closer Than You Think WIF Price Prediction For June 2025 Source: Watcher Guru DogWifHat, or WIF, is a leading meme coin, presently trading at $1.11, up 1.83% in the last 24 hours. The token is down significantly from its earlier price uptick of $3 and beyond, but has kept its pace neutral and is inching forward bit by bit towards establishing a new high. The token has noted an uptick of a significant 87% in th...

The cryptocurrency industry saw a natural shift in trend across the globe. The market was once called a scam. But now the same people were embracing the ecosystem. President Donald Trump is a prime example of this. Trump not only endorsed Bitcoin (BTC) but also has an asset named after him. Doubling down on his interest in the market, the President is all set to host a private dinner for the top holders of the TRUMP coin. As the dinner is just around the corner, the community is eagerly looking into the growth of the network since its launch. Also Read: Goldman Sachs: MAG7 Hits 7-Year Low Amid AI, Trade & Antitrust Fears How High Has TRUMP Coin Surged Since The Start of 2025? Source: Bitcoinist Data from CoinMarketCap highlights how TRUMP Coin has witnessed massive growth since its launch in January of this year. The asset has increased in price by nearly 1000% during this period. The meme coin grew by 56% during the past 30 days alone. At the time of writing, TRUMP was trading at ...

Jerome Powell will remain chairman of the world’s most powerful central bank — and that’s good news for crypto. On the news yesterday, bitcoin (BTC) rallied $2,400 in just 15 minutes to hit $93,900. As of publication time, total crypto market capitalization is over $60 billion higher than when President Donald Trump declared he had “no intention of firing him.” Markets immediately pumping in afterhours after Trump says he "has no plans to fire Powell" and just wants Powell "more active" on rates. pic.twitter.com/lAzo4Tj7pl — Meet Kevin (@realMeetKevin) April 22, 2025 Read more: Donald Trump’s tariff chaos leads to corruption accusations According to Trump’s senior advisors, the president would have had extreme difficulty firing Powell without sufficient cause anyway. As such, efforts to oust him have ended, with Powell remaining the lead US central banker, and Trump now insisting that he never had any intention of firing...

The cryptocurrency market has seen several ups and downs throughout the past couple of years. But the market’s trajectory during the last few months of 2024 and the beginning of 2025 has been impeccable. Several assets registered a massive uptick. But one asset was under the spotlight for all the right reasons. Ripple’s XRP has been a top performer and has recorded annual gains of over 300%. This comes as a major surprise to the XRP market, which had been in a rut for about seven years. Also Read: Shiba Inu Forecasted To Reach 1.2 Cents, Here’s When Just as Donald Trump was ready to take office, the market began rising. A plethora of assets shot up in price as Trump was elected as the 47th President of the United States. XRP even rose to a high of $3.39 around the same time that Trump was taking office. While the asset is currently part of a market wide rut, investors were rethinking their investment choices. Ripple’s XRP Jumps Nearly 10% In The Past 24 Hours Source: B...

US President Donald Trump has rescinded a rule that would have required decentralized finance (DeFi) protocols to report all transactions to the Internal Revenue Service (IRS), often referred to as the DeFi broker rule. Trump formally killed the rule by signing a resolution on April 10, marking the first time a pro-crypto measure has cleared the US Senate. DeFi Broker Rule Resolution Quickly Found Its Way To Congress  The rule was introduced by the Biden administration during the final days of the former President’s occupancy at the White House.  It was scheduled to come into effect in 2027, and would have expanded the tax authority’s existing reporting requirements to include DeFi platforms. The resolution to kill the bill quickly made its way into Congress. It was passed out of the House Ways and Means Committee on Feb. 25, with the House passing the resolution on March 11. Representative Mike Carey, who backed the bill to scrap the DeFi broker rule, said ...

The market destruction caused by Donald Trump’s recent economic measures was temporarily lessened when various X accounts and news networks jumped on an apparently fake headline about a 90-day pause in tariffs. Various headlines claimed that National Economic Council Advisor Kevin Hassett said Trump was considering a 90-day pause in tariffs — except for on China. However, the information wasn’t true, and the White House eventually described the claim to CNBC as “ fake news .” Where did the story come from? “Walter Bloomberg,” the pseudonymous X user who uses the handle @DeItaone, was one of the major accounts who posted this claim, stating it was originally sourced from Reuters. Strangely, Reuters public reporting seems to reference a CNBC chyron.  Some who were watching CNBC, however, claim that the hosts were confused by the apparent news, and it didn’t seem to come from its reporting. CNBC was able to reach...

Metaplanet shares surged 21% after its latest purchase of more Bitcoin coincided with US President Donald Trump’s push for a crypto strategic reserve including BTC and four other top cryptos. Metaplanet announced the purchase of an additional 156 BTC worth $13.4 million today, sending its stock soaring ¥700 to ¥4,010 as of 1:17 a.m. EST, according to Google Finance data . Donald Trump yesterday ordered the inclusion of Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) in a newly planned Crypto Strategic Reserve. Metaplanet Bought BTC For $85,890 Per Coin The recently purchased Bitcoin was bought for around $85,890 per coin. With the latest Bitcoin buy, the firm’s holdings now stand at 2,391 BTC, according to a statement released by the company today. Since April last year, when the investment firm started buying the largest crypto by market cap, Metaplanet has purchased around $196.3 million worth of Bitcoin. The average purchase price for ...

Donald Trump’s re-election initially sparked optimism in the cryptocurrency market, creating 11,000 new Bitcoin (BTC) millionaires between October 7 and November 6, 2024. But that euphoria didn’t last. Though the crypto bull market continued into early 2025, Finbold research found that the Republican’s return to the White House had the opposite effect, leading to stagnation and decline.  Between January 21 – the day after the inauguration – and February 18, the number of BTC addresses holding more than $1 million worth of the coin dropped by 22,279. During the first weeks of President Trump’s second term, an average of 795 Bitcoin millionaire addresses were wiped daily as per data retrieved from BitInfoCharts using the Wayback Machine web archive tool. Notably, the starkest decline was in the number of addresses holding over $1 million in BTC, which fell from 157,563 to 138,693. High-value wallets with more than $10 million also dr...

In a recent interview, US Senator Ted Cruz spoke about the merits of cryptocurrency while stating that Republicans and President-elect Donald Trump will unlock Bitcoin “like never before.” Indeed, the official talked with Cointelegraph about his hopes for the leading crypto in a crucial 2025. Cruz has not been shy regarding his advocacy of the asset class. Moreover, in his recent discussions, he reiterated that he was “bullish on Bitcoin.” The growth of the token looks to be one of the biggest developments of the year, as the Senator is looking to make Texas a “crypto hub.” Also Read: Ted Cruz Buys More Bitcoin: How Much BTC Does He Hold Now? Ted Cruz Fighting Government Overreach to Make Texas and the US a Bitcoin Hub With a crucial year ahead, the United States is looking to become a major player in the crypto space. Donald Trump long discussed the merits of the asset class en route to his 2024 election win. Moreover, his administration is discussin...