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Benny Johnson @bennyjohnson BREAKING: President Trump just announced the creation of a U.S. Crypto Reserve.

President Donald Trump is scheduled to host an event on cryptocurrency at the White House next week. The Crypto Summit will be held on Friday, marking the first-ever White House event of its kind. Trump is expected to deliver remarks during the summit, the White House said. The event will include "prominent founders, CEOs, and investors from the crypto industry, as well as members of the president’s Working Group on Digital Assets," according to the White House. The summit will be led by venture capitalist and White House AI and crypto czar David Sacks and will be administered by the...

The political rise of economist Javier Milei to the presidency was largely driven by Argentinians' hope that he could revive the debt-laden country's economic fortunes. But now the libertarian's key credentials as an economic expert have suffered a massive blow as lawyers have filed a fraud lawsuit against him in an Argentine court. What's come to be known as the "cryptogate" scandal is gripping Argentina, with the rapid rise and collapse of the $LIBRA cryptocurrency at the center of controversy. Investors — most of them reportedly from Argentina and the United States — had poured the equivalent of $100 million...

Argentine President Javier Milei could face an impeachment trial in Congress, opposition lawmakers said on Saturday, after the libertarian leader touted a cryptocurrency which crashed soon after.

Famed rapper Snoop Dogg lost more than 500,000 followers on Instagram and nearly 20,000 on X after his appearance at the Crypto Ball, a celebratory event tied to Donald Trump’s inauguration. The “Gin and Juice” singer’s Instagram dropped by 571,800 and 17,177 on X as fans accused Snoop of hypocrisy due to his past criticism of Trump. Snoop Dogg, who boasted 88.1 million followers on Instagram as of Monday, isn’t the only A-list celebrity to have followers abandon him in droves over perceived support for the Republican president. Kim Kardashian, the reality television star and entrepreneur, lost nearly 150,000 social...

In a move celebrating President-elect Donald Trump’s second presidency, one that blends business with the digital age, he has minted a staggering $31 billion by launching his official $TRUMP crypto meme coin. Capitalizing on cryptocurrency's explosive growth and meme coins' popularity, Trump’s latest venture has already attracted a massive following, making nearly $30 billion in just 24 hours. The $TRUMP coin not only marks Trump’s entry into the world of blockchain and crypto assets but also leverages his brand’s influence, tapping into both his loyal fanbase and the growing interest in alternative digital investments. A report from Axios pointed out...

Snoop Dogg has come under fire for performing at Donald Trump’s Crypto Ball just days ahead of the President Elect’s inauguration. The event took place on Friday (January 17) at the Andrew W. Mellon Auditorium in Washington D.C., with a VIP reception hosted by Trump’s crypto czar David Sacks. Among the performers on the night was Snoop, despite having been somewhat vocal in his opposition to the Republican in the past. His appearance has prompted several fans to criticise him online, with some saying that it was “a bridge too far”.

This week’s Economist/YouGov poll covers the health-care system, the presidential transition, the economy, President Biden's pardon of his son Hunter, and cryptocurrency.Health careTwo-thirds (66%) of Americans with health insurance say they are very or somewhat satisfied with it; 14% say they are dissatisfied while 20% say they do not have health insurance or are not sureThe highest satisfaction levels are among Americans with health insurance coverage from Medicare (86%) or Medicaid (89%)One in four Americans (25%) say they or an immediate family member have ever had a health insurance claim denied60% of Americans who have had an insurance claim in...

Google announced on Dec. 9th that it had developed a new quantum computing chip known as ‘Willow.’ The chip performed a computation that would take a supercomputer ten septillion (1025) years in under five minutes. Google’s Quantum AI lead Neven said Willow was a major breakthrough in quantum error correction. There is speculation that the new developments could threaten crypto.

The video platform, which hosts content creators like gamer Dr. Disrespect, conservative host Dan Bongino and Dana White's Power Slap, will receive $250 million, with the remaining going to a tender offer.The crypto stablecoin venture Tether says that it is investing $775 million in the video sharing platform and cloud provider Rumble, which has become a favorite of conservative hosts and content creators and positions itself as a free speech alternative to its competitors. The companies announced the deal Friday evening. Rumble will receive $250 million in the deal, with the remaining proceeds “to fund a self tender offer for...

Hailey Welch has gone MIA. The "Hawk Tuah" girl has not released a new episode of her popular weekly podcast, Talk Tuah, in two weeks. There was no previously announced hiatus of the show. Welch also has not posted on her social media channels in weeks either. Welch became a viral sensation over the summer after dropping what would go on to become her catchphrase "Hawk Tuah" in a video clip that spread across the internet like wildfire. Welch capitalized on her internet fame by selling merchandise like t-shirts and then eventually launching a weekly podcast called Talk Tuah, which...

Valley investor David Sacks will serve as President-elect Donald J. Trump’s new artificial intelligence (AI) and crypto czar, advising the White House on the two critical emergent technologies. Sacks was an early backer of Governor Ron DeSantis (R-FL) during the 2024 Republican presidential primary but later jumped ship as the campaign struggled, eventually backing Trump’s bid to retake the White House.A close ally of technology and space exploration mogul Elon Musk, Sacks, too, hails from South Africa. He was born in Cape Town before his parents emigrated to Tennessee. In 1999, Sacks—then a business consultant with McKinsey & Company—joined the...

Venture capitalist David Sacks has been tapped to serve as President-elect Trump’s White House czar for artificial intelligence (AI) and cryptocurrency, taking on a newly created role to lead the administration’s policy on the two technologies. “David will focus on making America the clear global leader in both areas,” Trump wrote in a post on Truth Social on Thursday night. “He will safeguard Free Speech online, and steer us away from Big Tech bias and censorship.” Sacks, who will also lead the Presidential Council of Advisors for Science and Technology, has been a key voice of support for Trump in...

In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness. David will focus on making America the clear global leader in both areas. He will safeguard Free Speech online, and steer us away from Big Tech bias and censorship. He will work on a legal framework so the Crypto industry has the

President-elect Donald Trump, keeping with his promise for a crypto-friendly administration, plans to nominate former SEC Commissioner Paul Atkins to head the agency, according to his Truth Social post. Currently the CEO at Patomak Global Partners, Atkins is a well-known veteran of the financial world and Republican political circles specifically. He had been widely expected to get the position as the nation’s top financial market regulator. If confirmed, Atkins would succeed Gary Gensler, a widely reviled figure in the digital currency community for his many efforts to clamp down on the $3.5 trillion crypto market. Trump has promised a easier...

Former Libertarian National Committee Chair Angela McArdle shared details of a meeting she had with then-Republican candidate Donald Trump during the 2024 election cycle in a speech delivered at the NH Liberty Forum this past month. McArdle also discussed her experience with the campaign and her role in securing a pledge from Trump to pardon Ross Ulbricht. McArdle recounted the events in a mainstage keynote address at the annual gathering, which is hosted by the Free State Project. Local media estimated that around 300 attendees participated in the full forum. McArdle’s talk, titled “The Heart of the Deal,” covered her...

KEY FACTS: The Texas House of Representatives passed Senate Bill 21 (SB 21) with a 101-42 vote, approving the creation of a state-level strategic Bitcoin reserve. The bill, authored by Senator Charles Schwertner and sponsored by Representative Giovanni Capriglione, allows the Texas comptroller to invest in cryptocurrencies with a market cap exceeding $500 billion, currently limited to Bitcoin. Following New Hampshire and Arizona, Texas would be the third U.S. state to establish such a reserve if Governor Greg Abbott, a known crypto advocate, signs the bill within 20 days.

Bitcoin erased most of its gains after briefly setting a new record price...Earlier, Bitcoin rose about 3% to $109,857, surpassing its January record...Since the beginning of the year, the number of Bitcoin held by public companies has grown 31% to about $349 billion...15% of the total Bitcoin supply.

Eric Trump talks to World Liberty Financial’s Zach Witkoff and Tron creator Justin Sun about how the institutional banks will be left ‘in the dust’ if they fail to embrace crypto. On May 1 during Token2049’s fireside chat session, Eric Trump opened up about how he and his family were “canceled” by the modern financial system, which led him to discover the world of cryptocurrency. “Modern finance is absolutely broken. And so when the banks came after our family, I’ll never forget it, we became the most canceled people in the world all because we’re associated with politics in the...

“I suppose you are not suggesting that I smuggle a terrorist into the United States” Bukele is a LEGEND