🧡 This Is The 'Bitcoin Superpower' Plan

Inside the Trump administration's plan to push Bitcoin in the US.

Happy Wednesday!

Donald Trump is the figurehead for the administration’s ambitious plans to transform the U.S. into a ‘Bitcoin superpower’ — just how exactly will that work?

Robinhood stock has surged 199% in one year, but today’s earnings release will determine whether the bull rally has another leg up left.

Plus, don’t miss Benzinga’s must-attend virtual forum on the rapidly evolving ETF market! Join us on June 5th at 10 am ET to explore the latest trends in crypto ETFs, thematic ETFs and innovative structures. Gain valuable insights into strategies reshaping how financial advisors guide clients and how retail investors adjust their portfolios.

TOP STORY

Bo Hines, Executive Director of the President’s Council of Advisors on Digital Assets, outlined the Trump administration’s aggressive push to transform the U.S. into a global cryptocurrency leader.

In an interview with Bitcoin Magazine, Hines detailed efforts to dismantle Operation Choke Point 2.0, establish a Strategic Bitcoin Reserve and advance pro-Bitcoin legislation, marking significant steps in the administration’s first 100 days.

What is the ‘Bitcoin superpower’ blueprint the administration is following?

SPECIAL OFFER

Don’t miss Benzinga’s must-attend virtual forum on the rapidly evolving ETF market! Join us on June 5th at 10 am ET to explore the latest trends in crypto ETFs, thematic ETFs, and innovative structures. Gain valuable insights into strategies reshaping how financial advisors guide clients and how retail investors adjust their portfolios.

QUICK N DIRTY

Floki is outperforming the meme coin top dogs Dogecoin and Shiba Inu thanks to a 23% gain in seven days. What’s driving the surge?

Eric Trump has voiced his support for blockchain technology loud and clear, saying that banks need to evolve or get left behind.

Bitcoin is holding somewhat steady around $94,000, but recession fears are brewing and could kickstart a downturn.

FINTECH FOCUS

Robinhood will be reporting its first-quarter earnings today. Wall Street expects 33 cents in EPS and $922.53 million in revenues as the company reports after market hours.

HOOD stock is displaying a technically strong bullish setup, with short- and long-term indicators aligning in the stock's favor.

Can an earnings beat drive a bull rally?

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