The post UFC’s Dana White urges Trump to reverse gambling tax law appeared on BitcoinEthereumNews.com.
U.S. President Donald Trump speaks with Secretary of State Marco Rubio and UFC CEO and President Dana White during UFC 327 at Kaseya Center on April 11, 2026 in Miami, Florida. Julia Demaree Nikhinson | Getty Images UFC President Dana White penned a letter to President Donald Trump pleading for him to reverse a provision of his signature tax law. White asked the president to undo a 90% cap on gambling loss deductions that was approved as part of his “big beautiful bill,” according to a letter first reported by an independent journalist. ESPN reported that the organization independently confirmed the authenticity of the letter. Traders on prediction market platform Kalshi don’t think the law will be repealed this year, but White’s letter moved the odds. After the first report of the letter, chances that the cap will be repealed this year jumped to 37% from 20%. They have since fallen
The post Warren Pushes SEC Probe as CLARITY Act Faces Final Hurdles appeared on BitcoinEthereumNews.com.
Senator Elizabeth Warren called on the SEC to investigate a Trump family-linked crypto business. The comments came during the Senate Banking Committee markup of the CLARITY Act. Reports said DeFi rules, BRCA language, and Democratic support became key late-stage issues. Senator Elizabeth Warren called on the SEC to investigate a crypto company linked to President Donald Trump’s family as the CLARITY Act faced a tense Senate Banking Committee markup. Her remarks added fresh pressure to a bill already caught between ethics concerns, DeFi rules, and late-stage amendment fights. The dispute raised a direct question for crypto markets: Will the CLARITY Act stall before reaching the Senate floor? Current signs show the bill can still move, but its bipartisan path has narrowed as Democrats press for stronger guardrails on conflicts of interest and market oversight. Warren Raises Trump Cry
Escalating military actions against Iran could destabilize global oil markets, impact energy costs, and create geopolitical tensions.
The post Trump plans to escalate military operations against Iran, sources say appeared first on Crypto Briefing.
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.
Suspending the federal gas tax could offer temporary consumer relief but risks significant funding shortfalls for essential infrastructure projects.
The post Trump proposes pausing federal gas tax to relieve consumers amid Iran war pressure appeared first on Crypto Briefing.
A potential $1T China-US investment deal could reshape global economic dynamics, impacting national security, trade policies, and digital assets.
The post Trump considers $1T China investment deal, alarming conservatives appeared first on Crypto Briefing.
The post Trump Approval Rating Drops Below 36%—A New Low appeared on BitcoinEthereumNews.com.
May 13Trump’s net approval rating dipped to -18.9, a record low for his second term, in Nate Silver’s Silver Bulletin polling average, following a string of surveys that show Americans have never been more negative about Trump’s job performance. Trump has a 58.1% disapproval rating and 38.5% approval rating. May 11Trump’s approval rating improved two points, to 36%, from the 34% record low it reached at the end of April in Reuters/Ipsos polling, while 63% said they disapprove of Trump’s job performance (the poll of 1,254 U.S. adults was conducted May 8-11 and has a margin of error of 3). Trump’s weekly approval rating hasn’t risen above 36% since the U.S. and Israel attacked Iran on Feb. 28, after previously hovering at around 40% since last summer. The war with Iran negatively impacts views of both Trump and Republicans: 66% of respondents, including 30% of Republicans and 73% of independents
The post Nvidia rally continues on Thursday as Trump approves H200 buyers in China appeared on BitcoinEthereumNews.com.
Nvidia (NVDA) stock is the early winner of the United States (US) President Donald Trump’s summit with China on Thursday. Shares of the AI chipmaker rose more than 2% in Thursday’s premarket. If the gains remain through the close, this will become NVDA’s seventh consecutive day of gains. President Trump’s Commerce Department approved ten Chinese firms to import Nvidia’s H200 AI chip, as well as a few other distributors in the Asian region. US Retail Sales for April fell from 1.6% MoM in March to 0.5% MoM, but that was in line with the consensus. The Dow Jones Industrial Average (DJIA) futures rose 0.9% in the premarket on Thursday, while the NASDAQ Composite futures declined 0.2%, and S&P 500 futures gained 0.3% on the news. Nvidia could boost China sales on Commerce Department clearance Nvidia has been looking to regain market share in China after several rounds of t
Ethereum’s price action has been closely tied to macro liquidity conditions and institutional risk appetite. Ethereum (ETH) is currently positioned at a critical juncture as broader crypto markets attempt to sustain bullish momentum alongside improving equity market sentiment. After Bitcoin…