WASHINGTON : Cryptocurrency executives swilled cocktails and danced to rap superstar Snoop Dogg on Friday night as they celebrated the approaching inauguration of President-elect Donald Trump, whose administration has promised major changes in crypto policy.
cards interface. Give it a try.
One of many Washington celebrations ahead of Trump's Monday swearing-in, the crypto gala marks a stunning turnaround for an industry that has been in the Biden administration's crosshairs. Two years ago, it looked to be on the brink of extinction amid the collapse of FTX. Swag included"Make Bitcoin Great Again" red baseball caps, and American flag pins with the symbol for Gemini, an event sponsor and crypto exchange founded by Cameron and Tyler Winklevoss, who backed Trump's campaign.
The price of that"meme coin" was around $27 by Saturday afternoon, giving it a market capitalization of about $5.5 billion, according to CoinMarketCap.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Special Counsel Smith: Trump Engaged in 'Unprecedented Criminal Effort' to Overturn 2020 ElectionUS Special Counsel Jack Smith concluded that Donald Trump engaged in an 'unprecedented criminal effort' to retain power after losing the 2020 election, but the report details that the imminent presidential transition halted the case from going to trial. Smith's report outlines his decision to indict Trump on four counts, alleging a conspiracy to obstruct the certification of votes and defraud the United States. Smith defended his investigation against Trump's accusations of political motivation, while Trump's lawyers called the report a 'politically-motivated attack'.
Read more »
Trump Seeks Supreme Court Intervention to Halt Hush Money SentencingDonald Trump's request to delay his sentencing for hush money charges paid to a porn star has been rejected by New York's highest court. His legal team is now appealing to the US Supreme Court for a stay of proceedings. The sentencing is scheduled for Friday, just 10 days before Trump's planned inauguration. The Supreme Court could grant a temporary pause or formally rule on Trump's request. Trump's lawyers argue that his presidential immunity should prevent prosecution, while prosecutors maintain that the case focuses on Trump's personal conduct, not official acts.
Read more »
Trump and Musk Interfere With Government Funding Bill, Threatening ShutdownLate interventions by former President Donald Trump and entrepreneur Elon Musk jeopardize a bipartisan effort to avert a government shutdown just days before a funding deadline.
Read more »
Georgia Court Disqualifies DA in Trump Election Interference CaseA Georgia appeals court has ruled that Fulton County District Attorney Fani Willis must be disqualified from prosecuting former President Donald Trump and his allies for attempting to interfere in the 2020 election. The court cited a romantic relationship between Willis and a former top deputy as creating a 'significant appearance of impropriety.'
Read more »
Hardline Republicans reject Trump's debt ceiling demand, focused on deficit worryWASHINGTON: Republican hardliners who normally are ardent supporters of President-elect Donald Trump are resisting his push to raise the US debt ceiling, sticking to their belief that government spending needs to be pruned and defying his warnings of revenge.
Read more »
Trump taps Apprentice producer Mark Burnett as special envoy to UKBurnett is also the creator of Survivor and has produced shows such as Shark Tank and The Voice.
Read more »