Such is the delight of the cryptocurrency world at Donald Trump's return as US president that even his former aide turned arch-critic Anthony Scaramucci found a few positive words to utter about his former boss at Davos.
Mr Scaramucci, who infamously lasted just 11 days as Mr Trump's White House director of communications in 2017, now runs an investment management company called Sky Bridge that focuses on cryptocurrencies. He told a panel at the World Economic Forum on Tuesday that Mr Trump's second administration would bring in “fair regulations” for the industry.
“It's going to unleash an amazing amount of global innovation, and you've got to give the president and his team credit for understanding it,” Mr Scaramucci said. “I am very hopeful and very pragmatically optimistic.”
It wasn't all praise for the president though: Mr Scaramucci reckons a memecoin called the Official Trump token, or $TRUMP – which was swiftly followed by a First Lady-themed variant called $MELANIA – might be bad publicity for newcomers to the crypto world. “You have older people in politics, older people in policymaking, that still do not understand the industry,” he said.
“I don't want them to meet the ideas behind the Trump memecoin and the potential negative things that are associated with the Trump memecoin. I just think it's going to slow down some people in the regulatory process.”
The price of Bitcoin hit an all-time peak of $109,241 ahead of Monday's inaugural ceremonies at the US Capitol. It later fell back after crypto failed to make an appearance in Mr Trump's first-day blitz of executive orders.
Crypto bosses at Davos called for clear regulations for the industry after what was seen as a mixed bag of policies under Joe Biden. Mr Trump told a Bitcoin conference last year that he wanted to make the US the “crypto capital of the planet”.
“The Trump effect cannot be denied here,” said Brian Armstrong, the chief executive of crypto exchange Coinbase. “To have the leader of the largest-GDP country in the world come out undeniably and say that he wants to be the first crypto president, he wants the industry to be built in America, that he's going to direct every agency of the US government to work towards clear rules which enable innovation – this is unprecedented.
“We just yesterday saw an all-time high price for Bitcoin at $109,000. I think that's largely due to the inauguration.”
EA Sports FC 24
BMW%20M4%20Competition
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E3.0%20twin-turbo%20inline%20six-cylinder%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20eight-speed%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E503hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20600Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20from%20Dh617%2C600%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%0D%3C%2Fp%3E%0A
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
What's%20in%20my%20pazhamkootan%3F
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UAE%20Warriors%20fight%20card
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Killing of Qassem Suleimani
MATCH INFO
Chelsea 3 (Abraham 11', 17', 74')
Luton Town 1 (Clark 30')
Man of the match Abraham (Chelsea)
The specs: 2018 Maserati GranTurismo/GranCabrio
Price, base Dh485,000 (GranTurismo) and Dh575,000 (GranCabrio)
Engine 4.7L V8
Transmission Six-speed automatic
Power 460hp @ 7,000rpm
Torque 520Nm @ 4,750rpm
Fuel economy, combined 14.3L (GranTurismo) and 14.5L (GranCabrio) / 100km
Quick pearls of wisdom
Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”
Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.”
Dirham Stretcher tips for having a baby in the UAE
Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:
• Buy second hand stuff
They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.
• Get a health card and vaccinate your child for free at government health centres
Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.
• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.
Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.
• Once baby is ready for solids, cook at home
Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.
Rock in a Hard Place: Music and Mayhem in the Middle East
Orlando Crowcroft
Zed Books
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
