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President Donald Trump plans to sign an executive order that will allow for American 401(k)s to invest in crypto, real estate and private equity. According to a Bloomberg report that cited sources familiar with the matter, the executive order will direct the Labor Department to clear a path for 401(k)s to invest in those alternative assets. Labor Secretary Lori Chavez-DeRemer will have to revisit Employee Retirement Income Security Act guidance and coordinate with agencies such as the Securities and Exchange Commission (SEC) and Treasury Department on possible rule changes to permit the investments.  Americans Could Soon Gain Exposure To Bitcoin ETFs The executive order could also unlock exposure to spot Bitcoin ETFs (exchange-traded funds) for 401(k) investors.  Up until now, institutional investors have been increasing their crypto exposure, with spot BTC ETFs recording over $53.7 billion in net inflows since their launch in January last year, data from Farside Invest...

Donald Trump’s re-election in November 2024 proved to be an impressive bullish catalyst for the cryptocurrency market, as it swiftly led to a rally for many digital assets. This rally generated 11,000 new Bitcoin (BTC) millionaires and enabled BTC to reach above $100,000, eventually hitting its intraday all-time high (ATH) of over $109,000. Donald Trump’s actual presidency had the opposite effect, as it led many cryptocurrencies lower as they began following other risk assets in their downturn amidst the growing economic uncertainty.  Indeed, when the billionaire took office, the total digital assets market capitalization stood at $3.46 trillion – approximately $210 billion above the January 1, 2025, valuation – and, by press time on April 21, it collapsed to $2.7 trillion. In total, cryptocurrencies erased about $760 billion in the three months since Trump became president. Cryptocurrency market capitalization YTD chart. Source: TradingView Cry...

Bitcoin (BTC) slipped below $90,000 on Tuesday, just hours after jailed former FTX supremo Sam Bankman-Fried tweeted for the first time since beginning his 25-year sentence for multiple fraud and conspiracy offenses. The dip to $88,780 represents a 19% slide from its $109,114 all-time high on January 20 – the date of Donald Trump’s inauguration – and is BTC’s lowest point since November. At the time of writing, it has seen a slight rebound to $89,154. BTC’s dramatic slide is part of a wider dip across the crypto industry. Rival currency ether (ETH) saw an 11% drop to $2,390 earlier today while Binance’s BRB token, Ripple’s XRP, and Solana’s SOL dropped 6.4%, 14.3%, and 15% respectively. Not even Donald Trump’s own token $TRUMP was safe, seeing its own price tumble 14% in 24 hours and 82% from its all-time high. The seemingly industry-wide drop-off comes just days after crypto exchange Bybit was hacked for somewhere in the region of $1.4 billion in ETH and staked ether...

There is no shortage of geopolitical concerns abounding the world right now. Indeed, the stock market is often one of the biggest affected by these developments that could shift where it is best for investors to put their funds. However, those situations have been great for Chevron (CVX), as the energy stock is leading a Dow Jones rebound. The Dow Jones Industrial Average saw an increase take place early Tuesday. Specifically, the energy stock and Nvidia (NVDA) led the way for the index to jump 111 points, a 0.3% increase. The AI chipmaker had seen gains of 1.44%, while Chevron has dominated with a 2.39% increase amid a strong emerging outlook. Source: economictines.com Also Read: Nvidia: DeepSeek Sell-Off Led Retail Investors to Buy $920M in NVDA Chevron a Winner Tuesday as Energy Stocks Could Soon Get a Boost There has been no shortage of reasons for the stock market to stumble in recent weeks. The AI demand that saw companies soar in value was halted with the arrival of Chinese star...

With all eyes fixed on the growing geopolitical turmoil, China, a key member of the BRICS alliance, has officially broken its silence on the growing US tensions amid US President Donald Trump’s impending tariff threat. Indeed, the country has been among the few to speak out regarding the West’s warnings. After being inaugurated Monday, Trump wasted no time in targeting the BRCIS group. Specifically, he reassured previous threats that he would impose a 100% tariff on the economic alliance. The action was meant as retaliation for the bloc’s ongoing de-dollarization efforts. Source: AtlanticCouncil.org Also Read: BRICS: Analyst Calls US Dollar ‘Grossly Overvalued’ & Here’s Why Trump Tariff and US Tensions Get Response From China as West & BRICS Faceoff Continues For the last two years, the BRICS economic alliance has committed to lessening international reliance on the US dollar. Specifically, the bloc has sought out ways to avoid sanctions on various members. That proces...

Donald Trump is set to assume office as President on January 20th, sparking significant interest within the cryptocurrency community. His administration’s pro-merger and acquisition (M&A) stance is anticipated to impact corporate strategies, leading investors to monitor its initial actions closely. Many speculate whether these policies could drive Bitcoin above the $100,000 threshold.  While investors remain optimistic, they also feel cautious as they consider the extent to which this potential might materialize. Bitcoin trades at $101,780.03, reflecting a 3.97% increase over the past day. With digital assets printing price rallies, this article focuses on the most searched cryptos on GeckoTerminal today. Most Searched Cryptos on GeckoTerminal Today Oppai Coin (OPPAI) has recently experienced a remarkable 1,313.9% increase in value over the past 24 hours, bringing its price to $0.00006113. Similarly, Artificial Superintelligence (ASI) has drawn significant attention in...

The Ethereum price rose 5% in the last 24 hours to trade at $3,597 as of 02:15 a.m. EST on trading volume that climbed 2% to $42.40 billion. This comes amid reports that Donald Trump, the US president-elect, holds a total of $7.1 million in crypto, with Ethereum being his top holding. Trump holds a total of $5.38 million worth of ETH. Ethereum Price On A Sustained Bullish Rally The ETH/USD chart on the 4-hour timeframe shows an overall uptrend over recent weeks. The Ethereum price is forming a bullish rising channel, with higher highs and higher lows, indicating strong upward momentum. K ey levels of interest include the support trendline (lower boundary of the channel) and the resistance trendline (upper boundary of the channel), according to data from GeckoTerminal . ETH price has maintained its trend above the 50-day and 200-day Simple Moving Averages (SMAs), which shows that the Ethereum price is maintaining the bullish trend. Meanwhile, the Relative Strength Index (RSI)...

The last Bitcoin halving took place in April when the block reward dropped from 6.25 Bitcoin to 3.125 Bitcoin Jesse Myers said Bitcoin’s price needs to go higher for a “supply-demand price” balance to happen When that occurs, the market will “flywheel into mania and a bubble,” which happened in the 2012, 2016, and 2020 Bitcoin halving events Donald Trump’s re-election into the White House isn’t “the main story” for Bitcoin’s recent price rally, says Onramp Bitcoin’s co-founder. In a post on X, Jesse Myers said the main reason is that the market is at the “6+ months post-halving” mark. Taking place every four years, the last Bitcoin halving occurred in April when the block reward dropped from 6.25 Bitcoin to 3.125. As a result, each new block becomes harder to solve with a lower reward. A reduction in Bitcoin supply typically means an increase in the price of Bitcoin. The next Bitc...

After a historic election season, Donald Trump has once again emerged as the country’s commander-in-chief. Beating out current vice president Kamala Harris, the race provided a wide gap in both candidates, as all eyes now turn to what the next four years could look like. In the immediate aftermath, however, we break down how the US stock market reacted to Donald Trump’s 2024 election win. The victory couldn’t have occurred at a better time. Earlier this week, inflation figures were reported at 2.1%, just hovering above the Federal Reserve’s target. Moreover, with interest rate cuts expected, there is a bullish sentiment beginning to form around the country’s economic standing. That should have had a direct impact on the country’s stock market. Dow Jones Soars After Trump Election Win Source: CNBC Also Read: Nivida (NVDA) Boots Intel (INTC) From Dow Jones Index After 25 Years The 2024 presidential election outcome proved to be massive for the Dow Jones. Indeed, it led the way...

The US presidential election has started today, on November 5, and the market is already pricing its outcome as over 70 million Americans are casting ballots in person to decide upon Donald Trump or Kamala Harris as the next United States president. According to data retrieved by Finbold, Trump leads the dispute in the two most popular prediction markets by press time. This is a notably different scenario than what was seen from legacy media survey polls, as we reported this weekend. In particular, over $2 billion in bets on Polymarket price a 61.7% victory for the Republican candidate. Meanwhile, Kalshi traders are pricing a 59% chance of victory for Donald Trump, which has been rising in both markets. Picks for you Pnut (PNUT) crypto token soars over 100% ahead of U.S. election 20 seconds ago ...