Category: Trump
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SEC Commissioner Mark Uyeda Backs Trump Pro-Crypto Stance As Gensler’s Reign Nears End
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Mark Ueda, Commissioner of the US Securities and Exchange Commission (SEC), expressed his full support for US President-elect Donald Trump’s plan to end hostility against the cryptocurrency industry. Interestingly, Ueda has been touted as one of the potential replacements for SEC Chairman Gary Gensler who is widely expected to be…
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SEC Commissioner Mark Uyeda Backs Trump Pro-Crypto Stance As Gensler’s Reign Nears End
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Mark Ueda, Commissioner of the US Securities and Exchange Commission (SEC), expressed his full support for US President-elect Donald Trump’s plan to end hostility against the cryptocurrency industry. Interestingly, Ueda has been touted as one of the potential replacements for SEC Chairman Gary Gensler who is widely expected to be…
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What Trump Means for the Future of Heat Pump and EV Incentives
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Breadcrumb links BMN Business The president-elect has threatened to repeal the inflation cap, but this could pose a political and legal challenge to tax credits and tax rebates for decarbonizing homes. Article writer: Published on November 9, 2024 • 3 minutes read You can save this article by registering for…
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Timothy Mellon donated more to Trump than Elon Musk did
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Timothy Mellon, one of the biggest donors to help President-elect Donald Trump, was heir to the generational fortune of tycoon Andrew Mellon. In the 2024 election cycle, Mellon, 82, has donated $125 million to the super PAC Make America Great Again, Inc. Which supported Trump, according to Federal Election Commission…
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Timothy Mellon donated more to Trump than Elon Musk did
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Timothy Mellon, one of the biggest donors to help President-elect Donald Trump, was heir to the generational fortune of tycoon Andrew Mellon. In the 2024 election cycle, Mellon, 82, has donated $125 million to the super PAC Make America Great Again, Inc. Which supported Trump, according to Federal Election Commission…
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Charting the Global Economy: Trump Win Reverberates Around the World
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Breadcrumb links BMN Business Donald Trump’s decisive victory in the US presidential elections has already made world leaders prepare for how his next administration will shape the global economy. Article writer: Bloomberg News Molly Smith Published on November 9, 2024 • 4 minutes read You can save this article by…
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Trump Is Not Bitcoin’s Savior
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The election is over, and Trump will now be president again. He achieved something that had not been done since Grover Cleveland in the 19th century: successfully re-elected after losing after his first term. People all over this space are celebrating this as some kind of victory for Bitcoin, but…
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Reeves reassures on trade as Trump tariffs threaten UK-US economic ties
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British Chancellor Rachel Reeves played down fears of escalating protectionism in light of Donald Trump’s expected new trade tariffs, stressing Britain’s commitment to a strong economic relationship with the United States. In her first comments after Trump’s re-election, Reeves stressed the UK’s determination to support “free and open trade” between…
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DJT stock climbs after Trump says he will not sell shares
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Trump Media and Technology Group (DJT) stock jumped as much as 15% on Friday and was briefly halted by volatility after Donald Trump said he would not sell his shares in the company, home to Trump’s social media platform, Truth Social. Shares pared gains to about 9% shortly after his…
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Institutions Driving Bitcoin As Coinbase Premium Gap Hits $100 – Trump Win Brought Back US Demand
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Bitcoin rose to an all-time high, reaching $76,500, after Donald Trump won the US election. This price breakout has reignited investor optimism, especially among US traders, with demand increasing significantly since the election results. Trump’s pro-crypto stance has played a major role in boosting market sentiment, especially among institutional investors.…
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Institutions Driving Bitcoin As Coinbase Premium Gap Hits $100 – Trump Win Brought Back US Demand
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Bitcoin rose to an all-time high, reaching $76,500, after Donald Trump won the US election. This price breakout has reignited investor optimism, especially among US traders, with demand increasing significantly since the election results. Trump’s pro-crypto stance has played a major role in boosting market sentiment, especially among institutional investors.…
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Trump and heavy losses drag SolarEdge to new low
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Israeli Solar Energy Company SolarEdge technologies (Nasdaq: SEDG) saw its stock price drop 22% yesterday on Wall Street, as other renewable energy stocks fell sharply following the election of Donald Trump as the next US president. The Trump administration is not expected to encourage renewable energy. After the close of…
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Dogecoin rides high as fans anticipate Elon Musk securing ‘DOGE’ position in Trump White House
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With Trump reclaiming the White House, tech billionaire Elon Musk will almost certainly play a pivotal role in this incoming administration. As the cryptocurrency market surged following the news, one cryptocurrency that benefited the most was Musk’s favorite cryptocurrency, Dogecoin, which surged 24% as the Republican candidate edged closer to…
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Trump unlikely to significantly alter ongoing global energy shift
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Donald Trump has firmly returned to the presidency of the United States, with the possibility of obtaining a majority in the Senate or House of Representatives. This would enable him to reverse any aspect of Biden’s inflation-reduction law that might be unpopular with the fossil fuel lobbyists who supported his…
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Bitcoin Indicator Signals Equilibrium After Trump Victory – A Clear Path To New Highs?
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This article is also available in Spanish. Bitcoin is trading at around $75,000 after Donald Trump won the US election, sparking new optimism in the cryptocurrency market. Trump’s pro-crypto stance has sparked excitement among analysts and investors who expect favorable policies for digital assets in his administration. With Bitcoin now…
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Stocks Rise as Traders Mull Trump Victory, Fed: Markets Wrap
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(Bloomberg) — Asian stocks rose along with European and U.S. stock futures, as investors brace for a second Donald Trump presidency and an expected interest rate cut from the Federal Reserve. Most read from Bloomberg Chinese stocks were among the best performing stocks in Asia thanks to optimism that Beijing…
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Trump throws Kenya, US business talks into doubt
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Kenya’s trade and investment deal with the United States, which was scheduled to be concluded next month, has been thrown into limbo after the election of Donald Trump as US president, capping a remarkable comeback four years after he was voted out. Both Nairobi and Washington, through US envoy Meg…
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Trump Victory Gives Modi Chance to Reset India’s Image With West
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Breadcrumb links BMN Business Few leaders in Asia are happier to see Donald Trump return to the White House than Indian Prime Minister Narendra Modi. Article writer: Bloomberg News Sodhi Ranjan Sen, Dan Strumpf, and Ruchi Bhatia Published on November 06, 2024 • 4 minutes read You can save this…
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Trump victory strengthens shekel and boosts TASE
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After Donald Trump’s victory in the US presidential election, Tel Aviv Stock Exchange (TASE) indices rose to new records while the shekel price rose. After Donald Trump’s victory in the US presidential election, Tel Aviv Stock Exchange (TASE) indices rose to new records while the shekel price rose. Analysts had…
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Dogecoin Price Jumps 25% To Lead Market Gains, Why A Donald Trump Win Is Especially Bullish For DOGE
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Dogecoin price saw a Huge pumprising by a whopping 25% to lead the current market gains. This notable increase comes on the heels of the US presidential election, with many cryptocurrency analysts seeing its potential Donald Trump Winning as an incredibly bullish result for Dogecoin price. Furthermore, Trump publicly supported…