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PayPal Mafia’s David Sacks Gains Spotlight in Trump’s Crypto and AI Agenda Sacks belongs to Silicon Valley’s “PayPal Mafia,” a group of influential entrepreneurs and ex-PayPal employees like Elon Musk and Peter Thiel. Formed in the early 2000s, this group has shaped the tech industry through successful ventures and investments, leveraging their strong networks and collaboration.
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It’s important that the government does not broadly apply traditional financial principles without taking into account the unique characteristics of the crypto sector, such as applying traditional consumer credit rules to retail lending and borrowing, which don’t fully take into account the collateralised nature of cryptoasset loans.
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“To me, [the executive order] seems quite fast because there is so much to consider here, but I think before the Trump term ends, individuals will have ability to use stablecoins much more freely than they do now.,” said Quigley.
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The odds favor a push toward XRP’s all-time high of $3.4 per token if it manages to break above the upper bound of this trend line resistance while momentum indicators are all favoring a bullish outlook as the RSI currently sits above the signal line while the MACD is currently in positive territory.
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Bitcoin (BTC/USD) is hovering near $94,460, facing pivotal resistance at $94,750, where a developing double-top formation threatens to stall short-term momentum. But beyond the charts, a more structural market transformation is quietly taking hold—one that may redefine Bitcoin’s long-term trajectory.
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This hesitancy persists despite more positive remarks from figures like Federal Reserve Chairman Powell, who recently commended banks for their handling of cryptos.
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The KFC Pins were extra exclusive. At NYCC, only 750 were produced, 350 of which were available. This alone created a massive buzz at the event.
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Quigley shared his views on the impact of these developments, “The Trump executive order has created and get an omnibus crypto regulatory framework in the United States. And if that happens, I see all the other major countries in the world moving in a similar direction.”
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Thailand Authorities Ramp Up Efforts Against Unauthorized Crypto Platforms
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U.S. crypto regulations could see major changes under Trump. Tether & WAX co-founder William Quigley explains what new policies mean for digital assets, banking, and regulatory oversight.
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Donald Trump’s re-election has led to expectations of major changes in U.S. cryptocurrency regulations. Recent executive orders suggest that regulatory changes could soon affect the cryptocurrency industry.
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