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⚡️📆 NEW - Weekly Recap

1) President Trump officially signs executive order opening the $12.5 trillion 401(k) retirement market to crypto investments.

2) SEC and Ripple XRP officially end legal battle following joint dismissal of appeals.

3) President Trump officially signs executive order to stop banking discrimination against crypto, religion, and politics.

4) Canada loses 40,800 jobs in July, largest monthly decline since the COVID pandemic.

5) Harvard buys $116,666,260 worth of BlackRock's spot Bitcoin ETF.

6) Crypto Czar David Sacks says the executive orders President Trump signed this week will give 90 million Americans access to crypto.

7) 82% of S&P 500 companies beat quarterly earnings estimates, despite President Trump's tariffs.

8) SEC declares crypto liquid staking activities are not considered securities.

9) Dubai officially approves first crypto options license.

10) ETH surpasses $4,300 for the first time since 2021.

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Discussion

Owen Gregory 5mo ago

Why not open 401k market to state lottery tickets? They’ll use proceeds for education. 😀😂🤣

Kevin Alfred Strom 5mo ago

In many ways, this is bad. It's a blatant lie that most "cryptos" are commodities; nearly 100% of them are clearly securities. And these moves will further cement the idea that Bitcoin is "just a crypto" in the public's mind, delaying adoption and increasing demoralization as people get rugged and victimized again again by these immoral casino operators. Many will wrongly put Bitcoin in the same category.

Lightning_Sparks 5mo ago

A rug pull on crypto is needed so Bitcoin can shine through the noise.

FEW_BTC 5mo ago

the grifter in chief opens the spigot to drain americans retirement funds into the shitcoin swamp..

imo, the eventual rug pull will be brutal.