Senate Banking Committee Advances Crypto CLARITY Act
Ethical concerns regarding Donald Trump’s multibillion-dollar crypto empire continue to loom large among Democrats, threatening to stall the bill’s path through Congress.
Crypto Briefing·
The summit's outcomes could redefine global crypto dynamics, influencing digital currency dominance and regulatory landscapes amid US-China tensions. The post Donald Trump to visit China for first summit in nearly a decade appeared first on Crypto Briefing.
Read full articleEthical concerns regarding Donald Trump’s multibillion-dollar crypto empire continue to loom large among Democrats, threatening to stall the bill’s path through Congress.
The post Trump Logs 3,642 Stock Trades in Q1, Breaking Decades of Blind Trust Norms appeared on BitcoinEthereumNews.com. President Donald Trump logged 3,642 stock trades during Q1 2026, according to a 113-page OGE Form 278-T disclosure released this week. The filing reveals a sharp pivot away from the bond-heavy posture seen in earlier 2026 reports. The volume averages roughly 60 trades per session. That pace breaks with a near-unbroken stretch of blind-trust arrangements stretching back to Lyndon B. Johnson. A Break From Decades of Blind-Trust Practice Most U.S. presidents since Johnson placed personal holdings into qualified blind trusts to limit conflicts. Jimmy Carter went further and liquidated his peanut farm. Barack Obama held Treasury notes and index funds. Joe Biden used a blind-trust arrangement during his term. The current filing covers 113 pages. It lists individual purchases of Nvidia (NVDA), Microsoft (MSFT), Broadcom (AVGO), Amazon (AMZN), and Apple (AAPL). Each fell in
Today on Uncanny Valley, we discuss how Donald Trump’s visit to China could influence conversations between world leaders at a moment when the economic and foreign policy stakes couldn’t be higher.
The post NVIDIA Stock Forecast: NVDA Hits ATH on China AI Chip Demand appeared on BitcoinEthereumNews.com. NVIDIA (NVDA) stock surged 3.7% to $234.18 as of writing in midday trading, extending its winning streak to a seventh consecutive session as strong demand signals from China fueled investor optimism ahead of its May 20 earnings report. The rally pushed shares to a fresh intraday high of $236.47, lifting Nvidia’s market capitalization to roughly $5.7 trillion. The move places the chip giant firmly at the center of the ongoing AI-driven market surge. So what’s behind this latest breakout? The answer lies in a mix of geopolitical developments and accelerating global demand for AI infrastructure. China Demand Reignites Momentum Reports indicate that several major Chinese technology firms are preparing to purchase Nvidia’s H200 AI processors, pending government approval. These firms include Alibaba, Tencent, ByteDance, and JD.com, all of which continue to expand their AI capabilities
The post China: US talks, yuan push and geopolitics – Rabobank appeared on BitcoinEthereumNews.com. Rabobank’s Global Strategist Michael Every outlines China’s central role in current geopolitical and financial dynamics. Every covers Trump’s visit to Beijing and potential outcomes from US-China talks, questions over a possible Grand Bargain, and China’s leverage over Iran. It also notes Euroclear’s consideration of China onshore bonds and Beijing’s efforts to promote yuan internationalisation. US-China talks and yuan strategy “In Eastenders, Trump, with a billionaire CEO entourage, is meeting Xi after posting in Air Force One that he will be asking him “to ‘open up’ China so that these brilliant people can work their magic, and help bring the People’s Republic to an even higher level!”” “Indeed, as some talk of UK Labour going back to the 1970s, the US language is also of Nixon–Mao 2.0, albeit from a very different starting point.” “Everybody gets how important these talks are, but few
The post Alibaba and Tencent increase AI spending amid chip shortages appeared on BitcoinEthereumNews.com. China’s two largest tech companies are spending substantially in AI infrastructure, anticipating that domestically produced chips will alleviate their supply problems. Alibaba Group Holding and Tencent Holdings said during recent earnings calls that they will sharply increase infrastructure spending. The companies are relying on chips made in China by Huawei Technologies and other local manufacturers to replace limited supplies of American semiconductors. Alibaba’s latest quarterly results showed a major shift in focus. For the three months ending in March 2026, the company reported very low profit. Although revenue increased slightly, Alibaba shifted spending from its main businesses to newer areas such as rapid delivery services and technology development. Profit dropped sharply, with non-GAAP net income falling from 29.847 billion yuan to just 86 million yuan. Eddie Wu Yongming
Nvidia shares rose to a new high after US approvals opened the door for H200 chip sales to major Chinese buyers. The post Nvidia hits record high as US clears H200 chip sales to China appeared first on Crypto Briefing.
After months of avoiding confrontation, the Trump administration has taken recent steps to call out China on Iran, artificial intelligence and spying.