Eric Semler says he enjoys being the “lone voice crying in the wilderness” with Bitcoin as most hedge fund executives think Bitcoin is a “fly-by-night concept.” Eric Semler, chairman of healthcare tech firm Semler Scientific Inc., says many of his hedge fund peers are skeptical about Bitcoin’s future once US President Donald Trump leaves office. “I think that they think it is a fly-by-night concept and that it is probably going to, after the Trump administration, go back down a lot,” Semler told Coin Stories host Natalie Brunell on Thursday. Semler, who also founded hedge fund TCS Capital Management in 2001, made his comments amid skepticism within the crypto industry about how long political support for crypto will last after US President Donald Trump’s administration ends. While Trump recently signed off on a Bitcoin (BTC) Strategic Reserve, some, like JAN3 founder Samson Mow, are concerned that support may potentially unravel under a future president. Read more
President Donald Trump said Friday that Iran had a “maximum” of two weeks to avoid possible US air strikes, day after saying that he would make a decision within a fortnight on whether to take military action. “I’m giving them a period of time, and I would say two weeks would be the maximum,” Trump […]
Iran won’t hold negotiations until Israeli aggression stops China proposes 4-point plan to resolve Iran-Israel conflict Trump approves plan to attack Iran: Report Iran fires new salvo of missiles, explosions at Tel Aviv, Jerusalem Field Marshal Asim Munir discusses Iran with President Trump Khamenei warns US against strikes on Iran Qatar receives letter from Iran’s […]
WASHINGTON: The White House said on Thursday that President Donald Trump will make a decision on whether the U.S. will get involved in the Israel-Iran conflict in the next two weeks. Citing a message from Trump, White House Press Secretary Karoline Leavitt told reporters: “Based on the fact that there’s a substantial chance of negotiations […]
An umbrella company controlled by the president and his family has reportedly been reducing its stake in World Liberty Financial since December 2024. One of the companies connected to US President Donald Trump and his family’s position in World Liberty Financial (WLF) has reportedly reduced its stake in the cryptocurrency platform in the last 11 days. According to a Thursday Forbes report, DT Marks DeFi LLC, an umbrella company controlled by Trump and his family, has been slowly reducing its stake in WLF. The report noted that DT Marks DeFi LLC had a 75% stake in WLF as of December 2024, but World Liberty’s website said the company owned “approximately 60%” as of January — a stake that was further reduced to 40% sometime after June 8. While it's unclear whether the Trump family profited from the move, a Forbes analysis suggested that proceeds from such a sale could amount to millions of dollars. Read more
US President Donald Trump wants House members to pass the key stablecoin bill “LIGHTNING FAST” so that he can sign it into law. US President Donald Trump has urged the House to pass the Guiding and Establishing National Innovation for US Stablecoins Act as soon as possible so he can officially sign it into law. ”The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets,” Trump said before calling on the House of Representatives to pass the bill “LIGHTNING FAST” in a Truth Social post on Thursday. ”Get it to my desk, ASAP — NO DELAYS, NO ADD ONS,” the US president said of the GENIUS Act. His post came after the US Senate passed the GENIUS Act in a 68-30 vote on Tuesday. A vote in the House is next, where Republicans also hold a slim majority over Democrats. Many proponents of the GENIUS Act believe it would play a crucial role in maintaining US dollar dominance in global finance. Read more
President Donald Trump left the question of whether the United States will join Israeli strikes on Iran up in the air on Wednesday, as he said that Tehran had reached out to seek negotiations. “I may do it, I may not do it. I mean, nobody knows what I’m going to do,” Trump told reporters as he supervised the installation of a new flagpole on the White House South Lawn. Meanwhile, Iran’s Supreme Leader Ayatollah Ali Khamenei said in a televised message that the country “will stand firm against an imposed war, just as it will stand firm against an imposed peace” as the archfoes entered their sixth day of war. Israel launched wide-scale air strikes against Iran’s nuclear facilities, military sites and private residences on Friday, killing top commanders, scientists, and civilians. It claimed the strikes are part of a broader operation codenamed ‘Rising Lion’ to deter Tehran’s nuclear ambitions, which the latter has consistently denied, saying its uranium enrichment programme is for civilian purposes. Latest deve...