استمتع بـUnlimited مع Magzter GOLD
احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل
يحاول ذهب - حر
Crypto Has an Ally in the White House. What's Ahead for Digital Currencies in 2025
January 01, 2025
|Mint New Delhi
Crypto die-hards are anticipating a golden age for digital assets under President-elect Donald Trump.
That has helped fuel a blistering run in bitcoin, the world's largest cryptocurrency. The price of bitcoin breached $100,000 for the first time in December and has more than doubled in 2024. It recently traded around $94,448.
Smaller tokens including ether and solana have also jumped.
Some enthusiasts believe that the monster rally is just getting started. Here's what you should know about bitcoin's wild run:
1. Trump has made big crypto promises
The president-elect has promised to make the U.S. the "crypto capital of the planet." On the campaign trail, he positioned himself as a champion of digital assets and their devotees. He pledged to draft regulations that treat crypto differently from the way stocks and bonds are treated and to create a strategic bitcoin reserve to hold the nation's supply.
Trump launched a crypto project with his family, courted the votes and money of industry bigwigs and even bought burgers for patrons at a New York bitcoin-themed dive bar.
"We're going to do something great with crypto," Trump told the Wall Street Journal this month after ringing the New York Stock Exchange's opening bell.
"Others are embracing it, and we want to be ahead."
The president-elect hasn't always supported digital assets. He previously said they are based on "thin air" and called bitcoin a "scam against the dollar." In 2022, he changed his stance and launched his own line of NFTs, or nonfungible tokens, which are crypto's version of trading cards.
2. Crypto allies are filling top government posts
Trump has picked many crypto allies for senior positions in his administration.
هذه القصة من طبعة January 01, 2025 من Mint New Delhi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint New Delhi
Mint New Delhi
WHAT A YEAR AT COLUMBIA TAUGHT ΜΕ
An Indian journalist at Columbia University navigated a tumultuous year, learning unusual life lessons
8 mins
October 02, 2025
Mint New Delhi
Central bank seen keeping its options open on Tata Sons IPO
A day after the Reserve Bank of India’s deadline for the Tata Group to list its holding company, Tata Sons, passed, the central bank appears to be still weighing its decision, with governor Sanjay Malhotra’s comment leaving the matter open to interpretation.
2 mins
October 02, 2025
Mint New Delhi
Festive demand, tax cut power up auto sales in Sep
Powered by tax cuts and festive spirits, automobile sales took off in September, cheering manufacturers across the board.
3 mins
October 02, 2025
Mint New Delhi
FPIs pull $2.7 bn off Indian stocks in Sep
Foreign portfolio investors (FPIs) withdrew $2.7 billion from Indian equities in September, extending their selling streak for a third straight month and putting 2025 on course for record foreign withdrawals, data from the National Securities Depository showed.
1 min
October 02, 2025
Mint New Delhi
RBI keeps options on Tata Sons listing
in debt around the same time. The RBI has yet to formally grant an exemption or extension.
1 min
October 02, 2025
Mint New Delhi
RBI did well to preserve its rate policy firepower
Subdued inflation didn't make India's central bank budge on its policy rate. Its expectation of firmer growth partly explains this. A monetary stimulus is best used when it's most needed
2 mins
October 02, 2025
Mint New Delhi
No rate cut, but RBI steps up to lift credit, buoy biz
Hint of December rate cut after two pauses; multiple measures to ease credit flow
3 mins
October 02, 2025
Mint New Delhi
Hamas indicates it is open to Trump Peace Plan as it faces pressure from Muslim nations
Hamas has indicated it is open to accepting President Trump’s peace plan for Gaza but is asking for more time to review its conditions, Arab mediators said, as the militant group faces intensifying pressure from Muslim governments to agree to the Israel-backed proposal to end the devastating war.
4 mins
October 02, 2025
Mint New Delhi
Chip leaders dangle juicy offers to snap up top campus talent
Chip giants including Nvidia Corp., Intel Corp., and Arm Holdings Plc. are aggressively recruiting at India’s elite engineering schools, chasing top talent critical tosupremacy in theage ofartificial intelligence (AI).
3 mins
October 02, 2025
Mint New Delhi
Top firms tick boxes, but lag on diversity, independence
India’s top 100 listed companies have shown progress in corporate governance practices, but persistent gaps remain in board meeting attendance, diversity, and leadership independence.
2 mins
October 02, 2025
Listen
Translate
Change font size