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7 Aug 2025, 20:25
Stephen Milan Federal Reserve: Trump’s Crucial Appointment to the Board
BitcoinWorld Stephen Milan Federal Reserve: Trump’s Crucial Appointment to the Board In the dynamic world of finance, where every major economic shift can send ripples through traditional markets and cryptocurrencies alike, news from the Federal Reserve always captures attention. A recent development that has caught the eye of investors and analysts is the appointment of Stephen Milan Federal Reserve Board. This move, initiated by President Trump, signals a temporary yet significant change in the composition of one of the most influential economic bodies globally. Who is Stephen Milan and Why Does His Appointment Matter? President Trump has officially appointed Stephen Milan, the current Chairman of the Council of Economic Advisors, to a vacant seat on the Federal Reserve Board of Governors. This interim appointment is set to last until January 31, 2026. But who exactly is Stephen Milan? A Seasoned Economic Advisor: Milan is not new to high-level economic discussions. He currently serves as the Chairman of the Council of Economic Advisors, a key body that provides the President with objective economic analysis and advice. Harvard-Trained Economist: His academic background includes training at Harvard, equipping him with a robust understanding of economic principles and their real-world applications. Prior White House Experience: Milan also served in Trump’s first administration, indicating a pre-existing working relationship and alignment with certain economic philosophies. His deep experience as an economic advisor positions him to contribute immediately to the Fed’s crucial discussions. Understanding the Federal Reserve Board’s Crucial Role The Federal Reserve Board of Governors plays a pivotal role in shaping the economic landscape of the United States, with far-reaching implications for global markets, including the crypto space. This body is responsible for setting the nation’s monetary policy . What does this mean in practice? The Fed’s decisions directly influence: Interest Rates: They determine the federal funds rate, which impacts borrowing costs for businesses and consumers. Inflation: Through various tools, they aim to maintain stable prices and control inflation. Economic Growth: Their policies are designed to foster maximum employment and sustainable economic growth. A new voice on the board, particularly one with Milan’s background, can bring a fresh perspective to these critical deliberations. What Are the Potential Impacts of This Trump Fed Appointment? The appointment of Stephen Milan, even as a temporary measure, can have several implications. While the Federal Reserve aims for independence, the background and views of its governors inevitably influence its collective decision-making process. This specific Trump Fed appointment could signal certain leanings or priorities. Consider these points: Policy Nuances: Milan’s experience as an economic advisor to a presidential administration could introduce new considerations into the Fed’s policy debates, especially concerning fiscal-monetary coordination. Market Reactions: Financial markets, including cryptocurrency markets, often react to changes in Fed personnel, interpreting them as signals for future policy direction. Temporary Nature: It’s important to remember this is an interim role. A long-term replacement for the seat is still being sought, which means future changes are likely. The stability and direction of the Stephen Milan Federal Reserve role will be closely watched by investors. Looking Ahead: Challenges for the New Economic Advisor Stephen Milan steps into his new role on the Federal Reserve Board at a complex time for the global economy. The Fed is currently navigating persistent inflation, uncertain growth forecasts, and geopolitical tensions. As a new economic advisor on the board, Milan will immediately face these significant challenges. His immediate tasks will likely include: Contributing to the ongoing fight against inflation. Assessing the impact of current monetary policy on employment and economic activity. Providing insights on the broader economic outlook. The search for a long-term replacement suggests that while Milan’s expertise is valued now, the administration is also looking for a more permanent solution that aligns with its longer-term vision for the Fed. The appointment of Stephen Milan to the Stephen Milan Federal Reserve Board is a notable development that underscores the continuous evolution of economic leadership. While temporary, his presence brings a wealth of experience and a unique perspective to the critical task of steering U.S. monetary policy . As markets adapt and the search for a permanent replacement continues, all eyes will be on the Fed’s actions and the broader economic implications. Frequently Asked Questions (FAQs) 1. Who is Stephen Milan? Stephen Milan is a Harvard-trained economist who currently serves as the Chairman of the Council of Economic Advisors. He previously served in President Trump’s first administration. 2. What is the Federal Reserve Board of Governors? The Federal Reserve Board of Governors is the governing body of the U.S. central bank. It is responsible for overseeing the Federal Reserve System and setting the nation’s monetary policy, including interest rates. 3. How long is Stephen Milan’s appointment to the Federal Reserve Board? Stephen Milan has been appointed to fill a vacant seat on the Federal Reserve Board of Governors until January 31, 2026. This is a temporary appointment. 4. How does the Federal Reserve’s monetary policy affect cryptocurrency? The Federal Reserve’s monetary policy, through actions like setting interest rates and managing inflation, influences the broader economic environment. This can indirectly affect investor sentiment towards risk assets like cryptocurrencies, impacting their prices and adoption. 5. Why is a ‘long-term replacement’ still being sought? Milan’s appointment is to fill a vacant seat on an interim basis until a specific date. This allows the administration more time to find and vet a permanent candidate who can serve a full term on the board. Did you find this article insightful? Share it with your friends and colleagues on social media to keep them informed about key economic appointments and their potential impact on the markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action . This post Stephen Milan Federal Reserve: Trump’s Crucial Appointment to the Board first appeared on BitcoinWorld and is written by Editorial Team
7 Aug 2025, 20:08
Bitcoin Surges Past $117K as Trump Taps Stephen Miran for Federal Reserve
Having tumbled to below $112,000 at one point a few days ago, bitcoin (BTC) has returned above $117,000 in late after U.S. trading Thursday, for now retaking the range it had been in for most of July. First giving a boost the crypto market overnight was news about President Trump's intention to sign an executive order allowing crypto (among other assets) in 401(k) retirement plans. The push above $117,000 occurred late in the U.S. trading session Thursday on news of the nomination of Stephen Miran to replace the departing Andrea Kluger on the Federal Reserve's Board of Governors. Currently the chairman of the White House Council of Economic Advisers, Miran is presumably an ally of the president and for now probably likely to at least partially share his dovish views on the current level of interest rates. Even prior to the Miran selection, a series of Fed speakers over past days — reacting to Friday's weak jobs numbers and Monday's soft ISM Services print — made clear their expectation that a rate cut is likely coming at the central bank's next meeting in September. According to CME FedWatch the chance of September cut had risen to 95% from just 38% one week ago. Alongside the move higher in bitcoin to $117,500 — up 2% the past 24 hours — ether (ETH) is ahead 5% to $3,867 XRP (XRP) 3.4% to $3.10. Checking traditional markets find gold up 1% to $3,468 per ounce, the dollar modestly lower across the board and major stock market indices mixed.
7 Aug 2025, 19:58
And Donald Trump Signs Historic Order: US Retirement Plans Will Be Able to Purchase Cryptocurrency
U.S. President Donald J. Trump has signed a new Executive Order to expand access to alternative assets for 401(k) retirement plan investors. With this move, Trump took a significant step towards fulfilling his promise to make the United States the “crypto capital of the world,” according to a document published by the White House. The executive order signed today allows contribution-based retirement plans like 401(k)s to invest in alternative asset classes, such as cryptocurrencies, private equity funds, real estate, and more. This will allow investors to achieve greater returns and diversification beyond traditional market instruments. Related News: BREAKING: Donald Trump's Choice for Vacant Seat on the Fed Has Been Revealed - Here Are His Views on Bitcoin The executive order directs the Secretary of Labor to revise existing guidance on fiduciary duty for alternative investments in retirement plans governed by ERISA. It also seeks to clarify the fiduciary procedures that must be followed when incorporating such investments into mutual funds. The order also requires the Department of Labor to collaborate with the Treasury Department, the Securities and Exchange Commission (SEC), and other regulatory agencies to consider parallel regulatory changes. The SEC was also instructed to update regulations that would facilitate access to alternative assets for individual-managed contribution-based retirement plans. *This is not investment advice. Continue Reading: And Donald Trump Signs Historic Order: US Retirement Plans Will Be Able to Purchase Cryptocurrency
7 Aug 2025, 19:42
Trump Considers Nominees for Federal Reserve Following Kugler’s Resignation, Potential Impact on Monetary Policy and Digital Assets
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7 Aug 2025, 19:40
ChatGPT’s BTC Analysis: Trump 401(k) Push Sets Stage for Explosive $118K Breakout
ChatGPT’s BTC analysis has revealed an extraordinarily tight consolidation at $116,704, marked by minimal -0.01% movement, which creates a textbook coiled spring setup. This comes as President Trump reportedly plans an executive order allowing Bitcoin investments in 401(k) plans , positioning BTC for a potential breakout toward $118,000 or a support test at $115,700 . ChatGPT’s BTC analysis synthesizes 18 real-time technical indicators, 401(k) executive order developments, corporate treasury trends, and institutional adoption metrics to assess Bitcoin’s 90-day trajectory amid a key inflection point between consolidation continuation and explosive breakout momentum. Technical Analysis: Textbook Coiled Spring Formation Bitcoin’s current price of $116,704 reflects a tight consolidation with minimal -0.01% daily movement, establishing the tightest trading range at historic levels with only $101 separation between $116,723 (high) and $116,622 (low). This 0.09% intraday range represents classic pre-breakout compression. The RSI at 63.04 sits in healthy bullish territory with substantial room for explosive upward movement without overbought concerns. Source: TradingView Moving averages reveal perfect bullish alignment with Bitcoin above all major EMAs: 20-day at $115,068 ( -1.4% ), 50-day at $115,266 ( -1.2% ), 100-day at $115,728 ( -0.8% ), and 200-day at $114,791 ( -1.6% ). This structure provides multiple support layers in ascending order. MACD shows an exceptional bullish structure at 325.09, well above zero with a positive histogram at 63.86 , indicating strong underlying momentum despite price stagnation. Source: TradingView Volume analysis shows extremely low activity at 64 BTC, typical of major move preparation phases. ATR at 114,321 indicates extreme volatility potential, creating a paradox between current stability and massive breakout capability. Historical Context: Consolidation After July Peak Recovery Bitcoin’s August performance demonstrates institutional patience following July’s recovery toward its $123,218 close, with current tight consolidation suggesting a major directional decision is imminent. The positioning above $116K validates institutional confidence despite broader market uncertainty. Source: TradingView January’s $109,588 start was followed by a February-March correction to $81,976-$82,381, establishing a spring accumulation foundation. Current pricing maintains just a 5.38% discount to the all-time high while securing extraordinary 240 million percent gains from the 2010 lows. This particularly shows both the proximity to records and proven long-term appreciation capacity. Support & Resistance: Strong Foundation Below Tight Range Immediate support emerges at today’s low around $116,622 , representing the floor of an extraordinarily tight consolidation range. This level provides immediate defense with a substantial EMA support structure below. Key support demonstrates exceptional strength with clustered EMAs: 100-day at $115,728 ( -0.8% ), 50-day at $115,266 ( -1.2% ), and 20-day at $115,068 ( -1.4% ). This confluence provides multiple institutional-grade support levels within a narrow range. Source: TradingView Resistance begins immediately at today’s high around $116,724 , followed by psychological $117,000 and major resistance at $118,000-$119,000 . Breaking above the tight range could trigger rapid momentum acceleration toward these targets. The technical setup suggests minimal downside risk given a strong EMA support cluster, while upside breakout from a coiled spring formation could produce explosive moves toward the $118K-$120K range. 401(k) Shift: Trump Executive Order Opens Retirement Access President Trump’s reported plans for an executive order allowing Bitcoin and cryptocurrency investments in 401(k) plans represent a transformative mainstream adoption catalyst. @realDonaldTrump is preparing to sign an executive order that would open the doors for 401(k) retirement plans to include exposure to crypto. #Trump #Crypto https://t.co/sBASeWQzdj — Cryptonews.com (@cryptonews) August 7, 2025 This development could unlock massive institutional capital flows from American retirement savings. The 401(k) access initiative addresses critical institutional adoption barriers, enabling millions of American workers to include Bitcoin in retirement portfolios. Galaxy’s CEO no tes that this could trigger massive BTC inflows fro m previously restricted pension fund territory. JUST IN: $10 BILLION GALAXY CEO MIKE NOVOGRATZ SAYS 401(K)s WILL BRING A "MONSTER AMOUNT OF CAPITAL" TO #BITCOIN "TONS OF MONEY" IS ABOUT TO "POUR IN." BUCKLE UP pic.twitter.com/3ZUECTx2J3 — The Bitcoin Historian (@pete_rizzo_) August 7, 2025 ChatGPT’s BTC Analysis: Bull Market Structure Intact ChatGPT’s BTC analysis reveals a resilient bull market structure despite tight consolidation, with technical indicators suggesting preparation for a major breakout. Not sure if anyone else called this move so accurately $BTC pic.twitter.com/gQ4VEijSZD — フ ォ リ ス (@follis_) August 7, 2025 The coiled spring formation at historic levels indicates institutional positioning ahead of catalysts. Speaking with Cryptonews, Shawn Young, Chief Analyst at MEXC Research, also noted that “the bull market thesis remains intact as long as Bitcoin holds above $100,000 and institutional demand doesn’t fade completely across digital assets.” Recent developments, including Sheetz gas stations offering 50% Bitcoin payment discounts, demonstrate growing real-world adoption momentum. Market Fundamentals: Dominance Maintained Despite Consolidation Bitcoin maintains overwhelming market dominance at 60.88% with a $2.32 trillion market cap, demonstrating institutional confidence during the consolidation phase. The 1.26% market cap increase accompanies a healthy 7.28% volume surge to $59.82 billion . The 2.53% volume-to-market cap ratio indicates moderate trading activity, suggesting institutional positioning rather than speculative activity. Source: CoinMarketCap The circulating supply of 19.9 million BTC represents 94.8% of the maximum 21 million token supply with minimal inflation from mining rewards. Maintaining market dominance above 60% demonstrates continued institutional preference and relative strength. Social Sentiment: Steady Confidence Despite Consolidation LunarCrush data reveals stable social performance with Bitcoin’s AltRank at 440 , indicating sustained community engagement during consolidation. Galaxy Score of 63 reflects building momentum around institutional developments and regulatory progress. Engagement metrics show substantial activity with 76.25 million total engagements and 253.77K mentions ( +91.64K ). $BTC – Would be a pretty wild prediction if this continues to play out. pic.twitter.com/PA9l7pAu9S — IncomeSharks (@IncomeSharks) August 7, 2025 Social dominance of 17.35% demonstrates continued attention during a tight trading range. Sentiment registers at a solid 77% positive, reflecting community optimism around 401(k) access, corporate adoption, and technical breakout potential. Three-Month BTC Price Forecast Scenarios 401(k) Catalyst Breakout (45% Probability) Executive order implementation combined with corporate treasury acceleration could drive explosive appreciation toward $130K-$140K , representing 11-20% upside from current levels. Source: TradingView This scenario requires sustained volume above 50K daily and a successful break above $117K resistance. Extended High-Level Consolidation (35% Probability) Delayed 401(k) implementation could result in continued tight consolidation between $115K-$118K , allowing institutional positioning while awaiting regulatory clarity. Source: TradingView This scenario provides for accumulation at elevated levels. Correction on Macro Headwinds (20% Probability) Unexpected macro deterioration could trigger selling toward $110K-$112K support levels, representing 5-8% downside. Source: TradingView Recovery would depend on institutional buying and eventual catalyst implementation. ChatGPT’s BTC Analysis: Institutional Infrastructure Meets Technical Perfection ChatGPT’s BTC analysis reveals massive convergence of institutional infrastructure development, technical coiled spring formation, and regulatory progress. Next Price Target: $130K-$140K Within 90 Days The immediate trajectory requires a decisive break above the $116,724 resistance to validate an explosive breakout from a coiled spring formation. From there, 401(k) access acceleration could propel Bitcoin toward the $130K psychological milestone, with sustained institutional adoption driving toward $140K+, representing new cycle highs. However, failure to break above the tight range would indicate extended consolidation toward $115K-$116K as the catalyst timeline extends, creating an optimal accumulation opportunity before the next institutional wave drives Bitcoin toward $200K+ targets. The post ChatGPT’s BTC Analysis: Trump 401(k) Push Sets Stage for Explosive $118K Breakout appeared first on Cryptonews .
7 Aug 2025, 19:39
BREAKING: Donald Trump’s Choice for Vacant Seat on the Fed Has Been Revealed – Here Are His Views on Bitcoin
The White House announced that President Donald Trump is preparing to nominate a new member of the Federal Reserve's board of governors. According to Bloomberg, Trump is considering Stephen Miran, known for his pro-cryptocurrency views, for the critical position. Trump previously appointed Miran to chair the Council of Economic Advisers, a key institution that directly advises the President on domestic and foreign economic policy. Miran's new appointment is seen as a strong signal that a second Trump term will see cryptocurrency technologies more integrated into economic policies. Related News: Today's Biggest Story That Went Unnoticed: Retirement Plans Could Trigger a Mega Bull Run If They Include Bitcoin — Here Are the Calculations In his past statements, Miran has highlighted the potential of digital assets in the economy. In his assessment of the matter, he said: “Crypto could have a big role in driving innovation and kickstarting another Trump administration economic boom.” This move by Trump, which goes in a direction opposite to the previous Biden administration, known for its anti-cryptocurrency policies, is being closely watched by markets. UPDATE: Donald Trump confirmed that he chose Miran for the position at the FED: “I am honored to announce that I have selected Dr. Stephen Miran, the current Chairman of the Council of Economic Advisers, to fill the vacant seat at the Federal Reserve until January 31, 2026. In the meantime, we will continue our search for a permanent replacement.” *This is not investment advice. Continue Reading: BREAKING: Donald Trump’s Choice for Vacant Seat on the Fed Has Been Revealed – Here Are His Views on Bitcoin