Donald Trump Allegedly to Appoint Another Cryptocurrency Industry Figure to a High-Level Position in His Administration

CoinMarketCap11-24 18:39

President-elect Donald Trump is set to appoint Kelly Loeffler, the former CEO of cryptocurrency platform Bakkt and a staunch Trump ally, as Secretary of Agriculture, CNN reported. Loeffler, a former U...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2485767971?lang=en_US&edition=fundamental","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/73d9422d3a8f405e9af5bcf6f0a1c54e.webp","is_english":true,"pubTime":"2024-11-24 18:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2485767971","market":"us","top_or_hot":-1,"title":"Donald Trump Allegedly to Appoint Another Cryptocurrency Industry Figure to a High-Level Position in His Administration","media":"CoinMarketCap","content":"<div>\n<p>President-elect Donald Trump is set to appoint Kelly Loeffler, the former CEO of cryptocurrency platform Bakkt and a staunch Trump ally, as Secretary of Agriculture, CNN reported.\nLoeffler, a former U...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/67430279b83ace12bf9b02c3/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Donald Trump Allegedly to Appoint Another Cryptocurrency Industry Figure to a High-Level Position in His Administration</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDonald Trump Allegedly to Appoint Another Cryptocurrency Industry Figure to a High-Level Position in His Administration\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-24 18:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/67430279b83ace12bf9b02c3/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>President-elect Donald Trump is set to appoint Kelly Loeffler, the former CEO of cryptocurrency platform Bakkt and a staunch Trump ally, as Secretary of Agriculture, CNN reported.\nLoeffler, a former U...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/67430279b83ace12bf9b02c3/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1917777945.USD","symbol_name":"安联专题基金Cl AT Acc","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/67430279b83ace12bf9b02c3/","article_id":"2485767971","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/73d9422d3a8f405e9af5bcf6f0a1c54e.webp"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485767971","pubTimestamp":1732444792,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"President-elect Donald Trump is set to appoint Kelly Loeffler, the former CEO of cryptocurrency platform Bakkt and a staunch Trump ally, as Secretary of Agriculture, CNN reported.Loeffler, a former U.S. senator, will also serve as co-chair of Trump's inaugural committee.Loeffler led Bakkt, a crypto custody and trading platform, from its founding in 2018 until her appointment to the Senate by Georgia Governor Brian Kemp in 2019. Under her leadership, Bakkt aimed to bridge the gap between crypto and institutional investors. The company reported a net loss of $226 million on revenue of $780 million in 2023, growth from revenue of $56 million in 2022.Loeffler has deep financial and professional ties to Trump. Her husband, Jeff Sprecher, is the founder and CEO of Intercontinental Exchange , which owns the New York Stock Exchange and founded Bakkt.The acquisition would allow Trump to expand his presence in the crypto space, with reports suggesting Bakkt could focus on building a trading plat","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1917777945.USD":"安联专题基金Cl AT Acc","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","BK4588":"碎股","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","BK4112":"金融交易所和数据","BK4585":"ETF&股票定投概念","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","ICE":"洲际交易所","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD"},"translate_title":"唐纳德·特朗普据称将任命另一位加密货币行业人士担任政府高级职位","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ICE":1},"content_text":"President-elect Donald Trump is set to appoint Kelly Loeffler, the former CEO of cryptocurrency platform Bakkt and a staunch Trump ally, as Secretary of Agriculture, CNN reported.\nLoeffler, a former U.S. senator, will also serve as co-chair of Trump's inaugural committee.\nLoeffler led Bakkt, a crypto custody and trading platform, from its founding in 2018 until her appointment to the Senate by Georgia Governor Brian Kemp in 2019. Under her leadership, Bakkt aimed to bridge the gap between crypto and institutional investors. The company reported a net loss of $226 million on revenue of $780 million in 2023, growth from revenue of $56 million in 2022.\nLoeffler has deep financial and professional ties to Trump. Her husband, Jeff Sprecher, is the founder and CEO of Intercontinental Exchange (ICE), which owns the New York Stock Exchange and founded Bakkt.\nRelated News: Cryptocurrency Community Reveals Demands for the First 100 Days of the Donald Trump Administration\nTrump’s media company, Trump Media and Technology Group (TMTG), is reportedly in advanced talks to buy Bakkt in an all-stock deal, according to the Financial Times. Trump owns a majority stake of TMTG, which operates Truth Social, with a 53% stake.\nThe acquisition would allow Trump to expand his presence in the crypto space, with reports suggesting Bakkt could focus on building a trading platform for institutional investors and potentially phase out its crypto custody business.\nIt remains unclear how Loeffler’s background in finance and cryptocurrency will inform her approach to leading the Department of Agriculture.\n*This is not investment advice.\n Continue Reading: Donald Trump Allegedly to Appoint Another Cryptocurrency Industry Figure to a High-Level Position in His Administration","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485767971"}