Donald Trump’s policies boost crypto trading products amid downturn

The post British Pound holds firm as Trump ceasefire shock tests USD appeared on BitcoinEthereumNews.com. The Pound Sterling (GBP) holds firm on Friday during the North American session as risk appetite deteriorated after US President Donald Trump posted on social media that the ceasefire with Iran is over, even though negotiations continue. At the time of writing, the GBP/USD pair trades at 1.3406, unchanged, after reaching an almost one-month high of 1.3451 earlier in the day. GBP/USD steadies as geopolitics, Fed minutes and UK politics collide This week, GBP/USD is poised to finish with gains of over 0.58% following the resumption of hostilities in the Middle East. The end of the ceasefire between the US and Iran could bolster the Greenback even though both countries are set to continue negotiations next week in Switzerland. In the meantime, the Fed’s meeting minutes showed that officials favored further tightening but supported holding rates, as they assess incoming data. Data-wise

The post AUD/USD climbs as Chinese Yuan strength supports the Aussie appeared on BitcoinEthereumNews.com. AUD/USD advances toward the 0.6960 area on Friday, supported by a softer US Dollar (USD) and renewed strength in the Chinese Yuan (CNY). The pair continues to recover on the four-hour chart, although escalating tensions between the United States (US) and Iran are limiting broader risk appetite. US President Donald Trump said on Truth Social that Iran had requested further negotiations and that Washington had agreed to continue talks. However, Trump warned that the ceasefire was “over,” raising concerns that hostilities could intensify despite diplomatic channels remaining open. Meanwhile, the Chinese Yuan strengthened to a one-week high against the US Dollar, offering additional support to the Australian Dollar given Australia’s close trade ties with China. The move followed a stronger fixing from the People’s Bank of China (PBOC), which set the USD/CNY midpoint at 6.7989, below th

The post Euro eases from one-week high as traders assess Middle East developments appeared on BitcoinEthereumNews.com. EUR/USD trims gains on Friday as the US Dollar (USD) rebounds while traders digest the latest developments in the Middle East. At the time of writing, the pair is trading around 1.1433, easing from a one-week high of 1.1460 touched earlier during the Asian session. In a post on Truth Social, US President Donald Trump said Iran had asked to continue talks and that the United States had agreed, while emphasizing that Washington had informed Tehran that the ceasefire was “over.” Trump’s remarks came after the US and Iran exchanged military strikes following attacks by Iran’s Islamic Revolutionary Guard Corps (IRGC) on commercial vessels transiting the Strait of Hormuz earlier this week. Earlier on Friday, Reuters reported that Qatari mediators are in Iran for talks aimed at creating conditions for broader negotiations. As the situation remains fluid, the US Dollar continu

The post Elizabeth Warren demands Trump crypto probe before CLARITY Act push appeared on BitcoinEthereumNews.com. Lawmakers have intensified calls for an investigation into President Donald Trump’s cryptocurrency holdings as the Senate prepares to advance the CLARITY Act. Summary Elizabeth Warren and four Senate Democrats have called for hearings into Trump’s crypto holdings before the CLARITY Act advances. Democrats argue Trump’s reported $1.4 billion in crypto income raises conflict-of-interest concerns and want ethics rules added to the bill. Senate negotiators continue revising the CLARITY Act as debates over DeFi rules, developer protections, and regulator appointments persist. According to a joint statement from Democratic senators, ranking members from five Senate committees have asked Congress to hold hearings into the national security implications of President Trump’s crypto business interests, arguing that his financial disclosures raise new questions just as lawmakers final

Lawmakers have intensified calls for an investigation into President Donald Trump’s cryptocurrency holdings as the Senate prepares to advance the CLARITY Act. According to a joint statement from Democratic senators, ranking members from five Senate committees have asked Congress to…

The post Bitcoin’s CLARITY Act Left With Just Three Senate Weeks Before August Recess appeared on BitcoinEthereumNews.com. Crypto News Bitcoin’s flagship market-structure bill lost precious runway this week after President Donald Trump refused to sign a bipartisan housing measure until the Senate advances his election overhaul. The standoff pushes crypto legislation to the back of a crowded calendar, tightening an already narrow window for the CLARITY Act. By elevating the SAVE America Act above all other business, Trump forced the Digital Asset Market Clarity Act to compete for scarce floor time in the final weeks before the August recess. For the broader altcoin market, a delayed framework prolongs the regulatory uncertainty that has kept institutional capital cautious through a fragile summer. Trump canceled the planned signing ceremony for the 21st Century ROAD to Housing Act, which cleared both chambers by veto-proof margins in June, and tied the freeze directly to the stalled vot

The post Trump Won’t Sign Bipartisan Housing Bill In Protest Of Voter ID Law Stalemate appeared on BitcoinEthereumNews.com. Topline President Donald Trump said he won’t sign a bipartisan housing bill passed by Congress last month in protest of the Senate’s inability to pass new voter ID requirements—but unless he vetos the bill, it will automatically become law at midnight, even without his signature. Donald Trump, President of United States, speaks at the press conference during the 2026 NATO Ankara Summit in Ankara, Turkey, on July 8th, 2026. (Photo by Beata Zawrzel/NurPhoto via Getty Images) NurPhoto via Getty Images Key Facts Trump said in a Truth Social post on Friday he will not sign the housing bill “IN PROTEST over the fact that the United States Senate is not capable of passing THE SAVE AMERICA ACT.” It’s unclear if Trump will veto the legislation, however, which is the only way to block it from taking effect at midnight. Trump previously cancelled a June 24 signing ceremony f

The post Trump Won’t Sign Housing Bill With CBDC Ban—Will It Become Law Tonight Anyway? appeared on BitcoinEthereumNews.com. In brief President Trump said he will not sign a bipartisan housing bill containing a temporary CBDC ban. It will automatically become law tonight at midnight unless he vetoes it. The White House declined to say whether Trump plans to issue a veto before the deadline. President Donald Trump said Thursday he will not sign a bipartisan housing bill that includes a multi-year ban on the issuance of a U.S. central bank digital currency, or CBDC. Unless the president actively vetoes the legislation before midnight tonight, however, it will automatically become law. “I will not sign the housing bill,” Trump wrote on Truth Social, calling his move a “protest” over the Senate’s failure to pass the SAVE America Act, a controversial bill restricting voting rights he has championed for months. Republican congressional leadership has repeatedly emphasized the bill stands lit