The Trump administration has launched the U.S. Tech Force, a major two-year initiative to embed approximately 1,000 technology specialists across federal agencies. In a significant signal of the crypto industry’s maturing relationship with government, exchanges Coinbase and Robinhood are among nearly 30 private sector partners, which include tech giants like OpenAI, Nvidia, and Microsoft. This public-private partnership aims to tackle critical challenges in AI infrastructure and federal systems, offering high salaries and a potential bridge to private-sector careers.
about U.S. Tech Force Launches with Coinbase, Robinhood as PartnersDepartment of Labor
0 in Finance and 0 in Crypto last weekWarren, Sanders Warn Trump Crypto 401(k) Plan Risks Retirement
Progressive senators Elizabeth Warren and Bernie Sanders are leading a coalition warning that Trump administration policies encouraging 401(k) investments in cryptocurrency could endanger Americans’ retirement security. In a letter to financial regulators, they called the moves ‘dangerous’ and raised concerns about potential conflicts of interest. The senators demand answers about risk assessments and potential Trump family profits.
about Warren, Sanders Warn Trump Crypto 401(k) Plan Risks RetirementUS Lawmakers Push SEC to Speed Crypto in 401(k) Plans
A bipartisan coalition of nine U.S. lawmakers is intensifying pressure on the Securities and Exchange Commission to accelerate the integration of cryptocurrencies into American retirement savings. In a formal letter sent Monday, senior financial committee leaders urged SEC Chair Paul Atkins to provide “swift assistance” in implementing an August executive order from President Donald Trump designed to “democratize access” to alternative assets like crypto within 401(k) plans. This move signals growing political momentum to modernize retirement investment options as digital assets gain institutional credibility.
about US Lawmakers Push SEC to Speed Crypto in 401(k) PlansHouse Panel Urges SEC to Fast-Track Crypto 401(k) Access
A bipartisan coalition on the House Financial Services Committee is pressing the Securities and Exchange Commission (SEC) to swiftly implement President Donald Trump’s executive order, paving the way for cryptocurrency investments in 401(k) retirement plans. In a September 22 letter to SEC Chairman Paul Atkins, the lawmakers argue that expanding access to alternative assets is crucial for helping 90 million Americans secure better retirement outcomes, signaling a significant potential shift for the $12.2 trillion defined-contribution market.
about House Panel Urges SEC to Fast-Track Crypto 401(k) AccessCrypto ETPs Rebound with $1.57B Inflows Post-Trump Order
Digital asset exchange-traded products (ETPs) rebounded sharply last week with $1.57 billion in inflows, erasing earlier losses of $1 billion. The recovery was driven by President Trump’s executive order permitting crypto in 401(k) retirement plans, according to CoinShares. Ethereum dominated with $268 million in weekly inflows, pushing its year-to-date total to a record $8.2 billion, while Bitcoin saw $206 million in inflows after consecutive outflows. Solana and XRP also attracted significant institutional interest, with inflows reaching $21.8 million and $18.4 million, respectively. The U.S. led global inflows with $608 million, while European markets lagged. Despite the recovery, trading volumes remained 23% lower than the previous month.
about Crypto ETPs Rebound with $1.57B Inflows Post-Trump OrderEhereum Nears Breakout as Analysts Predict New Highs
Ethereum (ETH) is attempting to break past a crucial resistance level at $3,850, fueled by speculation of a U.S. executive order enabling cryptocurrency investments in 401(k) plans. Analysts note ETH’s repeated attempts to overcome this barrier, drawing parallels to past breakouts that led to significant price surges. With ETH dominance (ETHDOM) rising above 12% for the first time in five years, experts predict a potential rally toward $5,000 by quarter-end if resistance is breached. Currently trading at $3,826, ETH has gained 48% monthly, signaling strong bullish momentum.
about Ehereum Nears Breakout as Analysts Predict New HighsSEC Chair: Ethereum Not a Security, Key for Digital Currencies
SEC Chairman Paul Atkins stated informally that Ethereum (ETH) is not a security, leaving corporate treasury decisions to individual companies. Firms like Bit Digital and SharpLink Gaming are pivoting to ETH, with the latter holding the largest known corporate position at $867 million. Atkins also highlighted stablecoins’ regulatory progress and the need for clearer standards to include digital assets in retirement plans, urging collaboration between the SEC and the Department of Labor.
about SEC Chair: Ethereum Not a Security, Key for Digital CurrenciesJD Vance Advocates Bitcoin for Unbanked Americans
At the Bitcoin 2025 Conference, Vice President JD Vance positioned Bitcoin as a key solution for expanding financial access to unbanked and working-class Americans. Citing FDIC data showing 4.2% of U.S. households remain unbanked, Vance emphasized crypto’s potential to democratize finance. However, adoption remains low, with only 17% of U.S. adults ever using crypto and just 8% in the past year, per Pew Research. Usage skews toward younger men, Asian Americans, and higher-income groups, while lagging behind traditional investments like stocks. The Trump administration has taken pro-crypto steps, including withdrawing 401(k) crypto guidance, but widespread adoption among working-class Americans remains limited.
about JD Vance Advocates Bitcoin for Unbanked AmericansTrump Admin Rescinds Biden-Era 401(k) Crypto Ban
The U.S. Department of Labor has rescinded its 2022 guidance that discouraged including cryptocurrencies in workplace 401(k) plans, calling it a Biden-era ‘overreach.’ Under the Trump administration, the agency has adopted a neutral stance, allowing plan fiduciaries to decide whether crypto investments are appropriate. The 2022 guidance had cited risks like fraud and lack of regulation, but the current administration is rolling back such restrictions as part of its crypto-friendly policies. Trump-appointed regulators have also dropped lawsuits against crypto firms like Coinbase and Kraken, while the SEC launched a crypto task force led by Commissioner Hester Peirce (‘Crypto Mom’). Fidelity had previously introduced Bitcoin access for retirement plans despite regulatory scrutiny under Biden, especially after the FTX collapse.
about Trump Admin Rescinds Biden-Era 401(k) Crypto BanStablecoins Emerging as Key Solution for Corporate Cash Flow Management
Jobless claims in the U.S. rose unexpectedly by 22,000 to 242,000, attributed to layoffs from major corporations like Meta and adverse weather conditions. The four-week moving average also increased, indicating ongoing challenges in the job market amid corporate restructuring.In the realm of digital finance, stablecoins are gaining traction as efficient tools for corporate treasury management, with Bank of America signaling a potential pivot towards these assets pending regulatory clarity. As the market evolves, the need for a robust legal framework and compliance measures becomes crucial for broader adoption among banks and businesses.
about Stablecoins Emerging as Key Solution for Corporate Cash Flow ManagementStock Market Update Earnings Impact Major Companies and Economic Indicators
Investors reacted to earnings reports, with IBM surging 13% after beating expectations, while UPS plummeted 14.1% due to a bleak outlook and a significant drop in shipping volume from Amazon. The Dow rose 0.4%, and the S&P 500 gained 0.5%, reflecting solid economic data and ongoing adjustments to corporate guidance. Microsoft and Tesla faced mixed results, with Microsoft down 6.2% despite beating earnings, while Meta and Nvidia showed resilience ahead of their earnings announcements.
about Stock Market Update Earnings Impact Major Companies and Economic IndicatorsStock market opens new year with gains amid mixed corporate news
Stocks rose on the first trading day of the new year, with the S&P 500 up 0.2% and the Dow Jones gaining 0.5%. Despite a year-end slide, optimism around Big Tech, particularly in AI, supported the market, although Tesla shares fell over 3% following a decline in annual deliveries and a tragic incident involving a Cybertruck in Las Vegas.US mortgage rates reached 6.97%, the highest since July, impacting home purchase applications. Meanwhile, Apple shares dropped 1.7% due to price discounts in China amid rising competition, and Alibaba’s stock fell as it announced a discounted sale of shares in Sun Art.
about Stock market opens new year with gains amid mixed corporate news