Auto Added by WPeMatico

‘Make America Wealthy Again’ — Trump Executive Order Opens 401(k)s to Bitcoin

President Donald Trump signed an executive order on Aug. 7 directing federal agencies to enable 401(k) and similar retirement plans to offer investments in alternative assets, including cryptocurrencies like bitcoin.…

Continue Reading‘Make America Wealthy Again’ — Trump Executive Order Opens 401(k)s to Bitcoin

Report: Trump’s Draft Executive Order Would Fine Banks Over Bias Against Crypto Firms, Conservatives

The Wall Street Journal reports that President Donald Trump has allegedly prepared a draft executive order warning banking regulators and financial institutions that they could face disciplinary action if they…

Continue ReadingReport: Trump’s Draft Executive Order Would Fine Banks Over Bias Against Crypto Firms, Conservatives

Bitcoin Suddenly Dives as Trump Says He ‘Probably’ Won’t Run for President Again

The self-proclaimed crypto President said minutes ago that he probably won’t run for a third term, even though the US Constitution clearly says he is not even allowed to. Bitcoin’s…

Continue ReadingBitcoin Suddenly Dives as Trump Says He ‘Probably’ Won’t Run for President Again

Prediction Markets and CME Fedwatch Data Place Sky-High Odds on Fed Rate Cut for September

Amid the pressure President Trump has been piling on Federal Reserve Chair Jerome Powell, traders are now leaning heavily toward the idea of a small rate trim. CME’s Fedwatch data…

Continue ReadingPrediction Markets and CME Fedwatch Data Place Sky-High Odds on Fed Rate Cut for September