Recently rumours were spreading on social media, that Donald Trump wants to appoint either Jamie Dimon from JPMorgan or Larry Fink from BlackRock for Secretary of Treasury.
These rumours spread like wildfire and were a serious talk in the cryptocurrency community.
Around 20 minutes ago, Trump took to his own social media platform Truth Social and denied these rumours
He stated that he had never discussed or thought of Dimon or Fink for Secretary of Treasury.
Trump even said that it could be the Radical Left spreading these rumours.
Binance founder Changpeng Zhao has once again threatened legal action against Bloomberg.
The latest WuBlockchain Weekly report captures a high-volatility week in crypto. From Bitcoin’s new all-time high to controversy around Pump.fun’s presale and Elon Musk’s political Bitcoin endorsement, markets are witnessing sharp shifts in momentum and policy.
U.S. financial circles are bracing for a potential shake-up as reports suggest Federal Reserve Chair Jerome Powell is considering stepping down.
Gold advocate Peter Schiff issued a stark warning on monetary policy and sparked fresh debate about Bitcoin’s perceived scarcity. In a pair of high-profile posts on July 12, Schiff criticized the current Fed rate stance and challenged the logic behind Bitcoin’s 21 million supply cap.