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Members of Congress and Crypto Czar split on whether Trump's memecoin poses a conflict of interest

David Sacks discusses Trump's memecoins, TRUMP and MELANIA, highlighting their collectible nature amid concerns about conflicts of interest and consumer risks raised by lawmakers.

theblock.co • 24/01/2025 - 01:50 AM

The Daily: Trump says 'DOGE' to be led by Musk and Ramaswamy as Dogecoin soars, Bitwise CIO makes the case for $500K bitcoin and more

President-elect Donald Trump appointed Tesla CEO Elon Musk and Strive Enterprises co-founder Vivek Ramaswamy to lead his new Department of Government Efficiency (DOGE). In a note to clients late Tuesday, Bitwise CIO Matt Hougan made the case for a $500,000 bitcoin price before the cryptocurrency’s early stage comes to an end and the asset “matures.” Zero Gravity Labs (0G Labs or 0GL), a crypto-AI startup developing infrastructure for a decentralized AI operating system, has secured $290 million in funding, including a $40 million seed round and a $250 million token purchase commitment. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 13/11/2024 - 18:52 PM

Pete Hegseth, who said Trump is 'making bitcoin great again,' nominated for Secretary of Defense

Pete Hegseth, Bitcoin supporter and army veteran, nominated for Secretary of Defense by Trump, faces criticism from Senator Warren despite his military credentials.

theblock.co • 13/11/2024 - 13:59 PM

'Greatest comeback story of all time': crypto community reacts as Trump wins US election

Reaction from the crypto community to Donald Trump’s win in the U.S. presidential election was largely positive. However, those within the industry are eager for him to fulfill promises made during the campaign, including freeing Ross Ulbricht and firing SEC Chair Gary Gensler.

theblock.co • 06/11/2024 - 13:36 PM

'I wish Senator Warren attacked inflation the way she attacks crypto,' Deaton says in fiery debate

Senator Elizabeth Warren and John Deaton debated crypto regulations, highlighting their differing views on the industry's influence and the need for consumer protections in financial transactions.

theblock.co • 16/10/2024 - 10:33 AM

Members of Congress and Crypto Czar split on whether Trump's memecoin poses a conflict of interest

The Daily: Trump says 'DOGE' to be led by Musk and Ramaswamy as Dogecoin soars, Bitwise CIO makes the case for $500K bitcoin and more

Pete Hegseth, who said Trump is 'making bitcoin great again,' nominated for Secretary of Defense

'Greatest comeback story of all time': crypto community reacts as Trump wins US election

'I wish Senator Warren attacked inflation the way she attacks crypto,' Deaton says in fiery debate

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