Trump WEF Speech
US President Donald Trump began his speech at the World Economic Forum in Davos by praising the US economy. Arguing that the US is experiencing one of the fastest economic recoveries in history, Trump said that inflation has been defeated and core inflation stands at 1.5%. Trump said fourth-quarter growth was projected at 5.4%. In his assessment of the European economy, he said Europe was not heading in the right direction but could be successful by following the path taken by the US.
Trump Energy and Trade
Trump said that historic trade agreements had been made, particularly in the energy sector, and that this had had a strong impact on the stock markets. Emphasizing that natural gas production was at historic highs, Trump said that oil prices could fall below $2 per gallon. Noting that Europe has rich natural resources, he drew particular attention to the UK. He said that the US’s economic policies could be emulated on a global scale.
Trump’s Statements on Greenland
Trump said that he touched on the subject of Greenland in his speech and that he planned to keep this topic off the agenda, but wanted to underscore its strategic importance. He stated that no actor outside the US should have a say over Greenland. He argued that it was a mistake for Greenland and Denmark to have been protected by the US and then returned after the war. He stressed that Greenland is currently a key region in terms of security and carries high risk.
Trump Delivered a Message of Peace
Donald Trump announced that he had held talks with Vladimir Putin and Volodymyr Zelensky. He said that both leaders wanted peace. He emphasized that the war must end. He did not make any other assessment of the process in his statements.
Trump Approached NATO with Skepticism
Donald Trump stated that he was not sure whether NATO would definitely intervene in the event of an attack on the US. He said he could not give a clear guarantee on this issue. The statement came at a time of ongoing debate over US-NATO relations. Trump did not share any further details on the matter.
Trump on the Economy and Tariffs
Donald Trump said mortgage rates, car loans and market prices had fallen. He attributed this decline to tariffs. He stated that price movements in the economy were due to tariffs. The statement was made while domestic market costs were being discussed.
Trump Economy and Tariffs
Trump: I will announce the Fed chair soon, I think it’s a very good name, the current Fed chair is terrible, interest rates should be lowered, we should have low interest rates in the world.
Fed Chairmanship Davos
A senior White House official announced that Trump would not announce his candidate for Federal Reserve Chair at the Davos Forum. The official stated that a final decision on the candidate had not yet been made. Therefore, it was stated that no name would be shared at Davos. It was reported that the process was in the evaluation stage.
Dimon on Fed Independence
JPMorgan CEO Jamie Dimon said that the Fed’s independence is extremely important. Dimon stated that he does not generally adopt a pro-tariff approach. He noted that the pace of artificial intelligence development could be too fast for society. He said that within five years, job positions in banks could fall below current levels.
Coinbase Bitcoin Statement
Coinbase CEO Brian Armstrong said in a statement at Davos that the Governor of the Bank of France has a misconception about Bitcoin. He emphasized that Bitcoin is a decentralized protocol and has a more independent structure. Armstrong stated that Bitcoin offers freedom of choice for individuals. He noted that it creates a healthy competitive environment.
Vitalik’s Ethereum Proposal
Ethereum co-founder Vitalik Buterin proposed adding a native DVT staking mechanism to the Ethereum protocol layer. This approach aims to enhance network security and strengthen decentralization at the validator level. According to the proposal, validators will be able to work with multiple keys. It was stated that the mechanism will reduce the risk of a single point of failure.
Russia Mining Losses
Nikolay Shulginov, Chairman of the Russian Energy Commission, announced that illegal crypto mining causes approximately $250 million in damage to the country annually. He said illegal activities lead to power outages and network overload. It was noted that despite mining being legalized at the end of 2024, the number of registered operators remained below one-third. It was reported that legal steps to increase fines and prison sentences for illegal mining are on the agenda.
Zcash Network Security
The Zcash Foundation has deployed new Rust-based DNS seed servers to enhance network reliability. This system enables nodes on the Zcash network to discover each other more quickly and securely. The tool uses the same code base as the Zebra full node infrastructure. It was noted that it is open-source and available on GitHub.
Solana Stablecoin Volume
Solana developers announced that the stablecoin transaction volume processed on the Solana network exceeded $1 trillion throughout 2025. The network’s sub-millisecond consensus time and low transaction fees were highlighted. A comprehensive development document covering payment sending, receiving, and processing was published. It was stated that this step facilitates the establishment of payment systems on Solana.
