Search results for "SIDELINED"
16:27

Trump's former lobbyist has been sidelined by the White House due to the Crypto Assets lobbying incident.

According to the Gate.io News bot, Politico reports that Donald Trump's former key lobbyist Brian Ballard is currently being distanced from the White House. The reason stems from a cryptocurrency-related incident that occurred in March this year at the Mar-a-Lago resort. The report notes that Ballard's staff repeatedly requested Trump to post about "crypto strategic reserves" on Truth Social during the resort's event. However, they did not inform Trump that Ripple Labs mentioned in the post is actually a client of Ballard. After the post was published, Trump felt he was being used and subsequently requested White House staff to maintain distance from Ballard. Source: Politico
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04:27

Analysis: The Federal Reserve (FED) refuses to accelerate reform to rescue the market, and Powell may be marginalized by Trump.

According to BlockBeats news on April 16, well-known financial analyst Jim Bianco analyzed that the Federal Reserve has not accelerated the regulatory reforms encouraging banks to increase their holdings of government bonds. This position stands in stark contrast to the expectations of Wall Street and the White House. The current chairman of the Federal Reserve, Jerome Powell, may face two fates: either being directly dismissed by Trump or being substantially sidelined.
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00:28

MicroStrategy's stock price has pumped nearly 500% this year, or it may focus on joining the S&P 500 index next year

Odaily Planet Daily News The stock price has pumped nearly 500% this year, with a current market capitalization of about $98 billion, far exceeding the value of its 423,650 BTC Holdings (valued at slightly less than $43 billion at current prices). Since September 12th, the company has purchased 197,150 BTC, significantly increasing its Holdings and pushing up its cost basis. Bernstein analysts said that after being included in the Nasdaq 100 Index, the company may turn its attention to being included in the S&P 500 Index by 2025. However, due to the lack of profitability in the company's enterprise software business, joining this index may be even more difficult. With Bitcoin strategy becoming the core activity of the company, the enterprise software business has gradually been sidelined.(The
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