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US President Donald Trump’s administration plans to rescind Biden-era AI chip curbs as part of a broader effort to revise semiconductor trade restrictions. According to sources close to Bloomberg, the repeal is not yet final. The previous restrictions have drawn strong opposition from major tech companies and foreign governments in the past. JUST IN: President Trump to rescind global chip export restrictions. — Watcher.Guru (@WatcherGuru) May 7, 2025 The Trump administration says it will not enforce the so-called AI diffusion rule when it takes effect on May 15, the sources said. Chipmakers such as Nvidia (NVDA) and AMD saw their stocks rise after the announcement. Nvidia climbed as much as 3.6%, and the Philadelphia Stock Exchange Semiconductor Index — a closely watched benchmark — gained as much as 2.1%. Trump officials are reportedly working toward a new rule that would strengthen the control of chips abroad and remove the chip restrictions. “The Biden AI rule is overly ...

In what was a monumental moment that many had hoped for this year, the US Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple (XRP). Indeed, the company’s CEO, Brad Garlinghouse, took to X (formerly Twitter) to break the news that the agency will officially drop its appeal. Garlinghouse called the move “a resounding victory for Ripple, for crypto, every way you look at it.” Moreover, the move was one in a string of similar actions taken by the revamped agency this year. The arrival of 2025 has come with a completely overhauled cryptocurrency policy embraced by the returning Trump administration. This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let's build. pic.twitter.com/7WsD0C92Cm — Brad Garlinghouse (@bgarlinghouse) March 19, 2025 Also Read: What Will XRPs Price Be If SEC Dismissed Ripple Lawsuit This Month...

Earlier today, rumors circulated on social media of a covert bitcoin (BTC) mining operation at the US Department of Defense (DoD). Sparked by a claim from a worker at BTC ATM company Byte Federal and amplified by Jason Lowery, screenshots of posts from notable investors like Michael Saylor, Matthew Pines, and David Bailey alluded to vague, upcoming, “big” federal developments. The unsubstantiated rumor took flight despite flimsy evidence, earning hundreds of thousands of impressions. I think the DoD is going to start mining bitcoin. pic.twitter.com/hsvTNwfwUr — Michelle Weekley (@michelleweekley) March 17, 2025 On March 6, 2025, President Donald Trump established a Strategic Bitcoin Reserve and another Digital Asset Stockpile. Neither involve mining. However, Trump has previously expressed support for BTC mining , including during last summer’s presidential campaign trail. “BTC mining may be our last line of defense against a CBDC. Biden’s ha...

Donald Trump is leaving no stone unturned to strengthen the US economy and is exploring all sorts of ways to uplift the nation’s economic stance. In this wake, Trump has launched a new “gold card” for immigrants, allowing them to purchase the card for $5 million. This card will enable outsiders to live in the US while allowing them to avail themselves of US citizenship later on. However, Trump’s Gold Card idea has gained widespread criticism, with many touting the move as a strategy enabling “only” wealthy immigrants to come to the US. At the same time, Trump was noted stating how this gold card might be the ultimate way to help shake off the mounting US debt. What does this mean? Let’s find out. Also Read: Apple Stock March 2025 Price Prediction: Should You Buy AAPL? Trump Golden Card: What It Means? Source: Axios Donald Trump recently announced his novel “gold card,” a venture that would allow immigrants to purchase US citizenship. Trump has priced the gold card at a whopping $5...

Donald Trump has launched a token dubbed Trump coin ahead of the presidential oath. The token launched on Solana has already made waves in the cryptocurrency market, surging to sit at $53 at press time. The token has rallied more than 39% in the last 24 hours and is up 778% since its launch two days ago. If this momentum continues, the token will be on a pathway to claim a new possibility, banking on the presidential surge to hit $70-$80 eventually. Will this milestone be accomplished by the end of this month? Let’s find out. Also Read: 10 U.S. Sectors To Be Affected If De-Dollarization Advances Trump Coin Becomes An Instant Mega Hit Source: UnchainedCrypto Donald Trump, the current president-elect, is all set to take his presidential oath today. However, two days ago, Trump sent the cryptocurrency market into a frenzy after launching his own TRUMP coin on Solana. Soon after the launch, the token’s price skyrocketed to $40, displaying the eagerness of investors to explore new toke...

The current president-elect, Donald Trump, is leaving no stone unturned to bolster the US dollar. Trump is ready to put in efforts, planning strategic tariff cuts and reductions to ensure that countries diligently continue to support the US regency. But in an alternate scenario, Trump’s overprotective streak when it comes to the US dollar may backfire, ultimately leading the dollar to invite trouble. Here’s how it all may unravel. Also Read: Ripple: XRP On Track To Claim $10 – Here’s How Donald Trump and His Grandiose US Dollar Protection Plans Source: iStock The US dollar is currently a trending topic within the Trump leadership. Trump has unveiled massive plans to protect the US dollar, primarily through the deployment of extensive tariffs on nations moving away from the dollar. In one of his earlier interviews, the president-elect unveiled plans to impose tariffs on nations, particularly the BRICS bloc, who have reportedly been planning on ditching the US dollar in the long hau...

US President-elect Donald Trump and his transition team are reportedly exploring whether the new administration can slim down or even completely do away with some banking regulators, according to the Wall Street Journal (WSJ). Trump advisers from the Department of Government Efficiency ( DOGE ) have asked in interviews with regulators in the banking industry if a president could, for example, abolish the Federal Deposit Insurance Corporation (FDIC), the WSJ said in a Dec. 12 report , citing people familiar with the matter. Trump Advisers Consider Lumping Together FDIC, OCC And The Federal Reserve In addition to the potential termination of the FDIC, advisers to Trump have also inquired with possible appointees for the FDIC and the Office of the Controller of the Currency (OCC) about the possibility of integrating bank deposit insurance into the Treasury. They have floated ideas related to combining or overhauling the OCC, FDIC and Federal Reserve as well.  If Trump’s te...

Elon Musk has become the first person to reach $400 billion in net worth, according to a report from Bloomberg’s Billionaires Index. The world’s richest man has seen his net worth rise by 66% since Donald Trump’s victory in the 2024 US election. JUST IN: Elon Musk becomes first person to surpass $400 billion net worth. — Watcher.Guru (@WatcherGuru) December 11, 2024 The most recent catalyst to Musk’s fortune was an insider share sale of his privately held SpaceX. The sale boosted the head of Trump’s DOGE department’s net worth by roughly $50 billion to $439.2 billion. Since late 2022, Elon Musk’s fortune has grown massively, seeing him dethrone significant players in business with his net worth. After Trump’s election win last month, this surge only got steeper, with Musk playing as one of the president-elect’s biggest supporters financially and on the campaign trail. As a token of appreciation, Trump appointed Musk to his Department of Government Eff...

With the asset surging over the last month, Ripple (XRP) may well be on its way to setting a new all-time high of $4 in 2025, with traders anticipating when the landmark could be set. The asset has been one of the key winners of the November bull rally, but it could be just the beginning for the crypto. Amid the 2024 presidential election win for Donald Trump, the entire cryptocurrency market skyrocketed. With Bitcoin reaching six figures for the first time in its history, it has proved to be a rising tide lifting all boats. However, with an interesting landscape set to emerge in the coming year, XRP could be set to reach unprecedented heights. Also Read: Can Ripple (XRP) Reach $3 Before 2025? Ripple XRP November Rally Could Set the Stage for $4 All-Time High in 2024 There are few cryptocurrencies that represent the ongoing shift in perspective, as well as XRP. The token had been the subject of an ongoing legal battle between the US Securities and Exchange Commission (SEC) and Ripple. ...

18 US states have filed a lawsuit against Securities and Exchange Commission (SEC) Chair Gary Gensler accusing the anti-crypto regulator of “gross government overreach” against the digital asset industry.  “The Securities and Exchange Commission (SEC) has not respected this allocation of authority,” said the plaintiffs, which includes Nebraska, Tennessee, Wyoming, Kentucky, West Virginia, Iowa, Texas, Mississippi, Ohio, Montana, and others, in the filing . They added that the financial regulator “has sought to unilaterally wrest regulatory authority away from the States.” US Crypto Industry Loses Millions Of Dollars To SEC Enforcement Actions The SEC, under Gensler’s leadership, has opted to use an aggressive regulation by enforcement approach. This has forced crypto companies operating in the US to spend millions of dollars on lawsuits initiated by the regulator. According to the Blockchain Association, legal actions by the SEC have ...

Dogecoin (DOGE) witnessed an incredible run over the last few days. The original memecoin is up by 76.4% in the weekly charts, 107.9% in the 14-day charts, 223.1% in the monthly charts, and 374.4% since November 2023. Despite the rally, DOGE’s price has dipped 7.8% in the last 24 hours. Also Read: VeChain (VET) Poised For a Bull Run? Source: CoinGecko Why Is Dogecoin Rallying? DOGE’s rally is likely due to Donald Trump winning the US Presidential election. Trump’s victory triggered a market-wide rally that pushed Bitcoin (BTC) to a new all-time high. BTC going up has likely led to many assets rallying. Also Read: Dogecoin: Trump Appoints Elon Musk for Role In D.O.G.E Bureaucracy Trump’s support from Elon Musk may have further helped DOGE’s upward momentum. Musk has proposed the creation of a Department of Government Efficiency (D.O.G.E.) under Trump’s leadership. The Memecoin To Hit $2.40 According to prominent cryptocurrency analyst Ali Martinez, DOG...

Dogecoin (DOGE) surged by 20%, reaching $0.19 on November 6, as markets reacted to news of Donald Trump’s return to the presidency.  This sentiment positioned memecoins like Dogecoin as standout performers in the crypto market, with Musk’s endorsement adding further momentum. DOGE one-day price chart. Source: TradingView Historically, DOGE has shown strong reactions to Musk’s involvement, often experiencing volatility spikes with each endorsement. Picks for you Why gold price is crashing 2 hours ago AI predicts S&P 500 index for year-end 2 hours ago Trader turns $18M into $29M betting on Donald Trump’s victory ...

Tesla CEO Elon Musk is backing Donald Trump to win the 2024 presidential election against Democratic candidate Kamala Harris. The billionaire spoke at a Trump rally in September, highlighting the importance of the Republican candidate winning the White House. Elon Musk is a proponent of Dogecoin, and his influence on Donald Trump could sway Dogecoin’s price in the charts. Also Read: Jim Cramer: Market Trends Indicate a Kamala Harris Victory During his term in office from 2017 to 2021, Trump was a non-believer in blockchain technology. However, the former President changed his tunes this year and spoke highly about Bitcoin and blockchain technology. Donald Trump even accepted cryptocurrencies as donations for his campaign and shared thoughts similar to those of Elon Musk, except for Dogecoin. Will Elon Musk Make Donald Trump Talk About Dogecoin? Source – The Indian Express This year, Donald Trump discussed Bitcoin, the cryptocurrency market, and the de-dollarization agenda. H...