Quotes
Risk-off is the theme as DeepSeek scares investors,
financial analyst Adam Kobeissi posted to X, alongside a graphic showing the plummeting price of the Solana crypto token
Interest rates should follow us,
the president continued
The Trump meme coin represents the intersection of Trump’s grifting tendencies and his administration’s embrace of cryptocurrencies, along with his dismissive attitude toward government regulation,
said Cornell economics professor Eswar Prasad
Most people who have any concern for basic ethical principles, not to mention the specific rules and norms of government ethics, would find Trump’s launching a cryptocurrency token as he is about to be inaugurated as president outrageous,
said ex-Federal Election Commission general counsel Larry Noble who now teaches law at American UniversityI have been excited about the President's embrace of crypto.... Crypto is about freedom and the crypto economy is here to stay."
By contrast, Bessent had told Fox Business
[Atkins] also recognizes that digital assets and other innovations are crucial to Making America Greater than Ever Before."
Then he added