According to market news, billionaire Mark Cuban said that companies that hold bitcoin as a treasury asset are an alternative hedge against fiat currency risks.
According to @BTCTN, a recent report released by the Bank of Malaysia listed Bitcoin (BTC) and Ripple (XRP) as potential alternatives to bank deposits, but the central bank has not fully accepted this view. However, XRP supporters have spoken out on the X platform, calling it a victory for XRP approval.
The U.S. cryptocurrency sector rallied, with Coinbase (COIN. O) up more than 3 percent, Bitfarm up nearly 4 percent, and Hut 8 up nearly 5 percent. White House officials said Trump will sign an order to open the way for alternative assets in 401 (k) s.
The Washington Post, citing people familiar with the matter, reported that after Trump's spat with Musk, representatives from NASA and the Pentagon called on SpaceX's competitors to speed up the development of alternative rockets and spacecraft. "Administration officials contacted at least three commercial space companies: Rocket Lab, Stoke Space, and Blue Origin to learn about the status of their rockets and how they would like them to operate," the report said.
President Trump: The alternative to not passing the tax bill is a massive tax increase.
On April 25, the Office of the United States Trade Representative said on Friday that it is in "ongoing engagement" with Japan and other countries on alternative reciprocal trade arrangements that could eliminate or reduce the 10 percent tariff level currently imposed on most countries. A spokeswoman for the Office of the United States Trade Representative said in an emailed statement that these negotiations are substantive and technical in nature, but that President Donald Trump "will ultimatel...
The Office of the United States Trade Representative said on Friday that it is in constant contact with Japan and other countries for alternative reciprocal trade arrangements that could eliminate or reduce the current 10 percent tariff level imposed on most countries. A spokeswoman for the U.S. Trade Representative's office said in an emailed statement that the talks were substantive and technical, but that President Donald Trump "will ultimately decide whether to enter into alternative arrange...
The world doesn't like the dollar as a reserve currency, but there aren't many alternatives.
FOX Business reporter Eleanor Terrett revealed in a post that the Securities Exchange Commission (SEC), under the leadership of acting chair Mark Uyeda, is considering dropping part of the 2022 Gensler-era proposal, which was originally intended to expand the definition of alternative trading systems (ATS) to include certain cryptocurrency companies. In his remarks today at the International Bankers Association's annual conference in Washington, D.C., Uyeda said: "... Given the public's interest...
Three Iraqi energy officials said there is currently no alternative to Iranian energy imports in Iraq, and peak consumption in the summer could pose a serious risk of power shortages.