Donald Trump at Davos – DJT promises to make US the world capital of AI and crypto

Source Cryptopolitan

President Donald Trump has doubled down on his commitment to make the United States as the global leader in both artificial intelligence (AI) and crypto. Speaking before world leaders at the World Economic Forum in Davos, Trump also vowed to restore the country to its previous stature as a manufacturing superpower.

The US President’s remarks came as part of his broader agenda to reshape America’s technological and economic landscape. 

Since 2024, before the November elections, Trump has been supportive of digital currencies, but he has only recently fully embraced AI. 

On Tuesday, January 21, as reported by CNN, Trump announced the creation of Stargate. This is $500 billion initiative aimed at positioning the US as a global leader in AI development. 

Stargate will reportedly combine the efforts of several companies to see the growth through, including OpenAI, Oracle, and Japanese-based entity SoftBank.

Trump reverses Biden administration’s stringent AI regulations and

One of POTUS Trump’s first executive decisions was to repeal the Biden administration’s tough regulatory hurdles on the growth of AI. In October 2023, President Joe Biden signed an executive order aimed at tightening regulations surrounding AI development. 

This resonates with his approach to national security and public health concerns. 

However, after his Inauguration ceremony on January 20, President Trump issued an executive action repealing Biden’s restrictions. Trump stated that projects like Stargate and other US-based AI initiatives would no longer be subject to national development guidelines. 

Steve DelBlanco, CEO of NetChoice, a lobbying group focused on free enterprise on the internet, lauded the executive order. He said that Trump showed “America is ready to lead in tech and innovation again.”

“The president is steering America to remain dominant in creating the best technology in the world,” DelBlanco remarked.

Trump to spearhead US as global crypto capital

For the better part of 2024, Trump consistently advocated for the nation to adopt clear and supportive regulations for the growing crypto market. This stance has been well-received by industry stakeholders. 

On Inauguration day, he appointed Mark Uyeda and Caroline Pham as interim chairs to the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) respectively. 

The two leaders are known supporters of digital currencies. Many in the industry hope they will help establish clear guidelines for crypto operations in the coming weeks.

Cody Carbone, president of the Digital Chamber, a group advocating for the crypto sector, said the appointments could quickly address the industry’s key concerns. “A lot of what the industry actually wants can be solved immediately with personnel changes,” Carbone said.

The US President was committed to replacing Gensler with a new SEC chair who is more favorable to innovation in AI and crypto. “America should build the future, not block the future,” he emphasized.

Trump nominated Paul Atkins, a lawyer with strong ties to the crypto industry, to replace Gensler. However, Atkins’ confirmation by the Senate is still pending. 

Should Atkins get the Senate’s approval, he is expected to reverse some of the SEC’s more aggressive actions against crypto companies. This is to include lawsuits filed against firms like Coinbase and Kraken.

A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Weekly Report: Gold up 4.5%, Brent down 16.4% — three commodity regimes just resetGold rose 4.51% to $4,074.90 while Brent fell 16.42% to $98.32 in the same five sessions — two inflation hedges, opposite answers. Around them, the gold-silver ratio sits at 78.7 and copper fell 3.72%. Three regime signals, two of them close to flipping, define what commodity traders must re-price before Tuesday's CPI.
Author  Irene Q.
Yesterday 03: 05
Gold rose 4.51% to $4,074.90 while Brent fell 16.42% to $98.32 in the same five sessions — two inflation hedges, opposite answers. Around them, the gold-silver ratio sits at 78.7 and copper fell 3.72%. Three regime signals, two of them close to flipping, define what commodity traders must re-price before Tuesday's CPI.
placeholder
The CPI that has no year-over-year number is the one that decides DecemberOctober CPI lands on Nov 10 at 13:30 GMT, and it will be published without a year-over-year figure: BLS never collected October 2025 prices during the federal shutdown. Consensus is +0.3% headline and +0.2% core month-on-month, against +0.6% and +0.3% in September. With December hike odds at 77%, the month-on-month print is now the whole story, and $4,197–4,202 on gold and 4.86% on the 10-year are the levels that price it.
Author  Irene Q.
Yesterday 03: 23
October CPI lands on Nov 10 at 13:30 GMT, and it will be published without a year-over-year figure: BLS never collected October 2025 prices during the federal shutdown. Consensus is +0.3% headline and +0.2% core month-on-month, against +0.6% and +0.3% in September. With December hike odds at 77%, the month-on-month print is now the whole story, and $4,197–4,202 on gold and 4.86% on the 10-year are the levels that price it.
placeholder
US October CPI Preview: Inflation Growth May Slow, How Will US Stocks, Dollar and Gold React? On Tuesday (Nov. 10) Eastern Time, the U.S. will release the October Consumer Price Index (CPI), a key inflation reading ahead of the Federal Reserve's December interest rate decision. Th
Author  TradingKey
Yesterday 08: 08
On Tuesday (Nov. 10) Eastern Time, the U.S. will release the October Consumer Price Index (CPI), a key inflation reading ahead of the Federal Reserve's December interest rate decision. Th
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 10, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 10, 2026. Read on for the details.
Author  Mitrade
8 hours ago
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 10, 2026. Read on for the details.
placeholder
Nvidia fell 4.3% on a day the Nasdaq rose 2.7% — this is a governance discount, not an AI warningNvidia closed at $178.67 on November 9, down 4.27% with an intraday low of $170.24, while the Nasdaq rose 2.74% and the Philadelphia Semiconductor Index jumped 6.85%. Volume was roughly 2.5 times the prior session. The board opened an independent review after CEO Jensen Huang's public statement about his personal life. With Q3 earnings on November 17, the two levels that matter are $170.24 and $200."
Author  Irene Q.
7 hours ago
Nvidia closed at $178.67 on November 9, down 4.27% with an intraday low of $170.24, while the Nasdaq rose 2.74% and the Philadelphia Semiconductor Index jumped 6.85%. Volume was roughly 2.5 times the prior session. The board opened an independent review after CEO Jensen Huang's public statement about his personal life. With Q3 earnings on November 17, the two levels that matter are $170.24 and $200."
goTop
quote