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One analyst says a weak US dollar is part of a plan to fix the US financial system. Will Bitcoin benefit from a weaker DXY? What to know: Lyn Alden says a weaker dollar is necessary for the US to stabilize its financial system. Bitcoin and gold are well-positioned to benefit from de-dollarization. Read more…
More than half of the top 25 TRUMP tokenholders — those eligible to apply for a “VIP tour” with the president — reportedly used foreign exchanges that exclude US-based users. At least some of the top holders of Donald Trump’s memecoin who apply to attend a private dinner with the president could be based outside…
Top Hollywood studio execs are scheduled to hold a call with Motion Pictures Association chair-CEO Charles Rivkin on Friday to discuss President Donald Trump’s surprise proposal to impose tariffs on movies shot outside of the United States, The Hollywood Reporter has learned. The film industry was left reeling over the weekend after Trump took to…
The vote on the airdrop proposal will close on May 14, and at the moment, those in favor are way ahead, with 99.97% voting yes. Trump family-backed crypto platform World Liberty Financial (WLFI) is proposing to airdrop a small amount of its new US dollar-pegged stablecoin to reward early WLFI holders in a test of…
Bitcoin rallied back above $95,000, and the gains could continue even after this week’s FOMC. Key Takeaways: The Fed may pause rates but inject liquidity. Crypto could rally as a recession hedge. The weak US dollar and gold rally signal a shift to scarce assets. Read more If you liked the article, do not forget…
A group of wallets reportedly earned roughly $100 million from trading Melania Trump’s memecoin shortly before its Jan. 19 launch. A group of crypto traders reportedly purchased millions of dollars worth of Melania Trump’s memecoins minutes before she announced the launch on social media. According to a May 6 Financial Times report, the crypto traders…
Trump’s plan to Make Hollywood Great Again by imposing a 100 percent tariff on “any and all Movies coming into our Country that are produced in Foreign Lands” has left the industry with more questions than answers. Like: huh? Or: is this even legal? And our personal favorite: what about TV? “WE WANT MOVIES MADE…
With Hollywood reeling from the potential cataclysmic effects of Donald Trump’s calls for 100 percent tariffs on non-U.S. produced movies, California Gov. Gavin Newsom sprung into action on Monday evening, proposing a team up with The White House on a $7.5 billion federal film tax credit scheme to provide relief to the entertainment industry. Newsom’s…
Trump describes foreign production as a “national security threat,” though there is confusion over the precise nature of the tariffs. Photo by Win McNamee/Getty Images Donald Trump has announced plans to introduce a 100% tariff on all movies “produced in Foreign Lands.” Trump, posting on his Truth Social platform, said the tariff would be used…
President Trump plans a May 22 dinner for top TRUMP memecoin holders amid criticism, calls for impeachment and scrutiny over a $2 billion UAE crypto deal. US President Donald Trump will host a gala dinner for top holders of his Official Trump (TRUMP) memecoin despite bipartisan criticism and renewed calls for impeachment. In a May…