News

U.S. President Donald Trump's launch of a crypto token shortly before his inauguration on Monday creates new conflict-of-interest concerns, ethics experts and industry insiders said. Trump has pledged to hand management of his assets to his children, but the crypto asset is raising particular concerns due to its ability to quickly attract billions of speculative dollars with little transparency. The companies behind the "meme coins" $TRUMP and $MELANIA, for first lady Melania Trump, said they are not investments or securities but are an "expression of support."

The ether allocation comes amidst leadership changes aimed at improving technical expertise, communication, and support for app builders.

Implied and realized volatility indexes hit the highest levels since August's yen carry trade unwind.

Donald Trump did not mention crypto during his inauguration speech, leaving crypto traders' heightened expectations somewhat unfulfilled.

(Bloomberg) -- Oil slid as US President Donald Trump promised to boost US crude production while holding off on tariffs that could have restricted supplies and hurt demand. Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityNYC Commuters Get New Way to Dodge Traffic: $95 Helico

As President Donald Trump returns to the White House with a pro-business stance, markets remain optimistic.

Donald Trump laid out his new administration's "America First" agenda focusing on fighting inflation, promoting oil drilling, taxing foreign trade and deporting unauthorized immigrants.