• Mar 25, 2025

Trump's crypto empire set to expand with new stablecoin and investment fund offerings

President Donald Trump’s crypto empire is expanding with the recent announcements of a new dollar-backed stablecoin and investment funds for digital assets. The moves are the latest in the norm-defying ways the president has leaned into crypto projects that could significantly boost his personal wealth while in office. World Liberty Financial, a cryptocurrency venture Trump helped launch last year, announced Tuesday that it plans to launch USD1, a stablecoin pegged at a 1-to-1 ratio to the U.S. dollar.

  • Mar 25, 2025

Oil loading slows at Venezuela's ports amid US tariffs, license termination, data shows

(Reuters) -Loading of Venezuela's heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American nation's oil and producer Chevron began reducing its tanker fleet there, according to shipping data and a document seen on Tuesday. On Monday, U.S. President Donald Trump's administration published an executive order declaring that any country buying oil or gas from Venezuela will pay a 25% tariff on trades with the U.S. starting in early April. Washington also extended until May 27 a deadline for Chevron to wind down operations in Venezuela.

  • Mar 25, 2025

Better Crypto Buy: XRP (Ripple) vs. Solana

In one corner, XRP (CRYPTO: XRP) backed by Ripple, aims to revolutionize the traditional financial system with its blockchain-based payment alternative. On the other side of the ring, Solana (CRYPTO: SOL) is fueling the Web3 revolution with its lightning-fast network, home to a growing number of decentralized apps (dApps), smart contracts, and even meme coins. XRP has outperformed recently, up 14% year to date as I write this, in sharp contrast to the volatility facing Solana, down about 33%.

  • Mar 25, 2025

Erdogan Treads Carefully to Quell Protests and Calm Markets

(Bloomberg) -- Turkish President Recep Tayyip Erdogan is taking steps to ensure protests across the country don’t worsen and to contain a rout in financial markets, even as he turns the screws on opponents.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysParis Votes to Make 5