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Trump camp suddenly released major 'revelations'. Bitcoin surged violently by 0.097 million. Musk reportedly has accepted dogecoin payment.
On Monday, November 25th, bitcoin surged violently above $97,000. Newly elected US President Donald Trump announced that the prominent crypto hedge fund manager Scott Bessent will serve as the new Treasury Secretary. Republican Representative French Hill from Arkansas revealed that Hester Peirce, considered the "mother of cryptos" by some, will take over as the Acting Chair of the US Securities and Exchange Commission.
The nominee for the Secretary of Commerce nominated by Trump is also a cryptocurrency enthusiast, reportedly will promote bitcoin lending projects
① The Secretary of Commerce nominee Howard Lutnick, appointed by Trump, has always hoped to popularize cryptos, and his company is reportedly planning to offer dollar loans to customers secured by bitcoin; ② He will collaborate with the stablecoin company Tether, with an initial project scale of 2 billion dollars and a final goal of hundreds of billions of dollars.
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Trump's nominated Secretary of Commerce's company is negotiating with stablecoin giant Tether on a $2 billion bitcoin loan project.
Lutnick's financial services company Cantor Fitzgerald is negotiating with Tether to launch a $2 billion project, offering clients dollar loans with bitcoin as collateral.