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Showing posts with the label donald trump

Does Donald Trump really hold $870 million in Bitcoin?

Reports now suggest Donald Trump’s Bitcoin (BTC) exposure may be as high as $870 million, potentially making him one of the largest indirect holders of the cryptocurrency. The mind-boggling stake reportedly stems from his 41% ownership in Trump Media and Technology Group (NASDAQ: DJT), or TMTG, the parent company of Truth Social, which raised $2.3 billion through a combination of debt and equity financing earlier this year, only to spend approximately $2 billion of it on “digital gold.” How much crypto does Trump have? Donald Trump’s on-chain cryptocurrency holdings, publicly tied to his name, really picked up the pace in the third quarter of 2025, when they rose 36.6% in value after a rough start to the year. More precisely, between July 1 and September 30, the value of Trump’s wallet went from $2.27 million to $3.10 million, a paper gain of roughly $823,000, according to Finbold’s Q3 2025 Cryptocurrency Market Report.  As of the time of writing, howe...

CZ called pardon reports false, now he’s applying for one

Former Binance CEO Changpeng Zhao has revealed that he is officially angling for a presidential pardon, despite shooting down previous reports of negotiations with the Donald Trump administration. In an interview with Rug Radio this week, Zhao claimed that his lawyers only applied for a pardon application two weeks ago, after Bloomberg and the Wall Street Journal (WSJ) wrote about a potential deal. Zhao said, “I was like, well, if they’re writing this article, I might as well just officially apply, right?” When asked how he would rate Donald Trump’s presidency, he replied, “ I think it’s going great .” Binance wants a Trump partnership and a pardon for CZ, report Read more: Binance founder CZ made $12B overnight when Donald Trump won The WSJ reported last March that Zhao was pushing the Trump administration for a pardon. However, Zhao claimed the outlet “got the facts wrong,” adding, “No felon would mind a pardon.” Despite this, a lobbying disclosure file...

Robert Kiyosaki blasts Bitcoin sellers after market crash

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During Bitcoin’s (BTC) rally above $90,000 on Tuesday night and Wednesday morning, the prominent investor and author of the best-selling personal finance book ‘ Rich Dad Poor Dad,’ Robert Kiyosaki, took to X to berate investors who sold their cryptocurrency during the preceding downturn: People who sold BITCOIN in the last crash are LOSERS. Kiyosaki, who simultaneously revealed that he purchased more BTC during the downturn, cited Donald Trump’s presidency as the main argument for why selling was the wrong call. Picks for you Analyst says XRP 'is ready for an all-time high' if it holds above key levels 34 mins ago If you invested $1,000 in Bitcoin when Trump took office, you’d now have this much ...

Peter Schiff Slams Donald Trump Over Alleged “Pump and Dump” Scheme Amid 9% Crypto Market Crash

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Peter Schiff says US President Donald Trump has pulled off the biggest crypto rug pull ever after he announced that certain altcoins will be added to the strategic crypto reserve on Sunday amid a 9% crypto market crash. Schiff accused Trump of orchestrating a “pump and dump scheme” in a March 3 X post , and has now called for Congress to investigate the President and those close to him for their alleged role in the recent volatility. That’s after prices, especially of all of the cryptos mentioned in Trump’s posts on Sunday including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Solana (SOL) and XRP, all soared. In the last 24 hours, however, all of these cryptos’ prices underwent steep corrections. Liquidations In Recent Crypto Market Crash Top $1 Billion Schiff’s call for a Congressional investigation comes amid a crypto market crash, with prices across the digital asset space suffering steep drops in the last 24 hours. Bitcoin , the largest ...

Trump’s US Crypto Regulation Plan—Bitcoin Reserve’s Future

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US crypto regulation has entered a potentially transformative phase, with former President Donald Trump signaling a dramatic shift in the cryptocurrency landscape. The regulatory uncertainty surrounding digital assets is being challenged by Trump’s increasingly pro-crypto stance, which could reshape the financial ecosystem. Also Read: De-Dollarization: ECB Expands Wholesale CBDC in Europe—A Step Backward for Privacy? Exploring Trump’s Vision for US Crypto Regulation, Bitcoin Reserve, and Addressing Market Volatility The Emerging Crypto Political Landscape The market volatility has long plagued cryptocurrency investments, but Trump’s recent comments suggest a new approach to stabilizing the digital asset market. If the plans go through. At the Future Investment Initiative Institute conference in Miami, some parts of a strategic vision was created that could end up positioning the United States as a global cryptocurrency leader. Bye, bye SAB 121! It's not been fun: https...

No, Cuba hasn’t launched its own memecoin

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Cuba’s official government X account apparently tried to rugpull a Cuba-themed memecoin today in a stunt that caused some to believe the country was in on the memecoin frenzy started by Donald Trump this weekend.  However, the launch appears to be the work of hackers, as not only did the token dump following a price rise, but the posts from the Cuban Ministry of Foreign Affairs appear completely out of character.  After the first promotion of “Official Cuba Coin,” the government account said, “We are experiencing some difficulties with our X page and are investigating the issue. Please stand by with us.”  One of the multiple scam tokens shared by the official Cuban government X account. Read more: Donald Trump’s family tree predicted to sprout more memecoins This post was deleted and an eight-minute X space titled “Sorry from $CUBA,” was then uploaded. At first, the host of space said, “Hello everybody, this is me from Cuba, I’m very sorry about w...

Oklahoma Introduces Strategic Bitcoin Reserve Act

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Joining a number of states seeking to establish similar legislation, Oklahoma has been the latest to introduce a bill that would create a strategic Bitcoin reserve. Indeed, Oklahoma State Representative Cody Maynard officially announced the introduction of the state’s ‘Strategic Bitcoin Reserve Act’ on Wednesday. The move aligns with the expectation that US President-elect Donald Trump would enact similar legislation on the federal level. US Senator Cynthia Lummis has already introduced the Bitcoin Act. Moreover, she has discussed its implementation with key members of the Trump administration in recent months. JUST IN: Oklahoma introduces "Strategic Bitcoin Reserve Act" to buy & hold Bitcoin as a state asset. — Watcher.Guru (@WatcherGuru) January 15, 2025 Also Read: Pennsylvania Introduces Bill to Create Bitcoin Strategic Reserve Oklahoma is Latest State to Introduce Bitcoin Reserve Legislation Ahead of Trump’s Return Entering 2025, the finance sector had a kee...

US Senator Lummis & Trump's Treasury Secretary Meet to Talk Bitcoin Reserve

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In what is certainly an important step in the ongoing process, US Senator Cynthia Lummis and Donald Trump’s incoming Treasury Secretary Scott Bessent have met to discuss the United States’ potential strategic Bitcoin reserve. In a post to X (formerly Twitter), Lummis confirmed the meeting with the key member of the US president-elect’s impending administration. Lummis called Bessent a “champion for digital assets and a crucial ally in passing my strategic Bitcoin Reserve.” Moreover, she shared her excitement about working with the official in the future as the incoming president and his team work to “restore fiscal responsibility.” JUST IN: Senator Cynthia Lummis meets with Trump's incoming Treasury Secretary Scott Bessent to discuss a Strategic #Bitcoin Reserve. pic.twitter.com/S1o8ElV7DW — Watcher.Guru (@WatcherGuru) December 13, 2024 Also Read: Donald Trump’s Son Eric Trump Says Cryptocurrency is The Future Bitcoin Act Architect Meets ...

Tron's Justin Sun invests $30M in Donald Trump's Crypto Project

Tron founder Justin Sun is investing $30 million into President-elect Donald Trump’s World Liberty Financial crypto project. The $30M investment makes Sun the largest investor in the decentralized finance (DeFi) project. https://twitter.com/WatcherGuru/status/1861156679334744128 “The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump!,” Sun, the founder of the cryptocurrency firm Tron, announced in a post on X Monday. “TRON is committed to making America great again and leading innovation.” World Liberty also posted on X that they are “honored to have the support” of Justin Sun and Tron. Justin Sun Invests In Donald Trump’s World Liberty Financial (WLF) Donald Trump’s crypto venture, WLF, is being promoted by Trump and his sons as part of the DeFi movement. The president-elect is listed as World Liberty Financial’s chief crypto advocate, while his sons, Eric, Donald Jr., and Barron Trump are named as its web3 ambassadors. During World Liberty’...

PNUT Token on Solana Surges 325%—How High Could It Go Next?

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The unprecedented bull run that has dominated the crypto market has seen Bitcoin surge to a new all-time high of $89,000 Monday. Yet, the leading token isn’t the only asset getting the benefit of positive sentiment. Indeed, the newest Peanut the Squirrel (PNUT) meme coin on Solana surged as much as 325% in a single night amid the Bitcoin run. The crypto market is enjoying an unprecedented run following the 2024 presidential election. With Donald Trump set to embark on his second term, the country has officially voted into office the first pro-crypto president. That fact has the market looking to reach new heights this coming year. That has led many to wonder how high PNUT could go next? Also Read: Donald Trump Could Pass Bitcoin Reserve Bill in First 100 Days PNUT Up Over 500% In a Week as Bitcoin Sets New Records 2024 has proven to be a massive year for the cryptocurrency sector. Despite its opposition, the US Securities and Exchange Commission (SEC) approved two crypto-based ETF...

Bitcoin, Meme Coins, Coinbase Soar On Donald Trump Win Even As Trump-Themed Tokens Implode

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Bitcoin, meme coins and Coinbase shares soared after Donald Trump won the US election, even as tokens linked to the incoming president nosedived. JUST IN 🚨: Coinbase $COIN soars by more than 30%, its largest gain in history 📈 pic.twitter.com/L7QuNzWAuS — Barchart (@Barchart) November 6, 2024 BTC soared more than 10% f rom an opening price of $67,850.01 yesterday to trade at $74,756.42 as of 2:40 a.m. EST. Meanwhile, meme coins stole the show with a 13% surge in their collective market cap. And the post-election gains were not limited to crypto tokens, with the share price of Coinbase, the leading US crypto exchange, soaring over 31% during yesterday’s trading session. Small-Cap Meme Coins Rally After Donald Trump Win Smaller-cap meme coins were the top gainers in the lighthearted sector of the crypto market. Following an impressive 301% gain, AMATERASU OMIKAMI (OMIKAMI) claimed the title of the best 24-hour performer in the meme coin market....

Bitcoin Sets New All-Time High, Meme Coins Go Parabolic As Donald Trump Closes On Victory In US Election

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Bitcoin soared to a new all-time high while meme coins and PolitiFi tokens surged as pro-crypto Republican Donald Trump closed on victory in the US election. BTC soared 9% to as high as $75,361.09 in the past 24 hours but has since pared gains to trade at $73,503 as of 3:00 a.m. EST. The broader crypto market saw its market capitalization jump 10% as the meme coin segment soared 25% and PolitiFi tokens surged 12% Trump claimed victory while speaking at West Palm Beach in Florida, and thanked voters for electing him as the next US President. Rival Kamala Harris has yet to concede. Trump Looks Headed For US Election Win The surge in BTC’s price comes as Trump gains a strong lead over political rival Kamala Harris in the US election. Given his pro-crypto stance, many believe that a Trump victory will clear the way for a better regulatory environment for the crypto industry in the US, triggering a surge in digital assets. AP Race Call: Donald Trump wins the swing state of Ge...

Bitcoin Price Nears 70K As Donald Trump Cooks Fries At McDonald’s And Investors Rush To Buy This New Crypto With 1,849% APY

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The Bitcoin price edged up a fraction of a percent in the last 24 hours to trade at $68,963 as of 03:05 a.m. EST on trading volume that skyrocketed 72% to $24 billion. This comes as Donald Trump participated in the “One-day McDonald’s Employee Experience” and repeated unsubstantiated allegations that opponent Kamala Harris fabricated her McDonald’s work experience. Bitcoin Price Aims For A Bullish Rally Above $70,000 According to the BTC/USD chart Analysis on the 1-day chart, the Bitcoin price is nearing the $70,000 mark after breaching the sideways pattern. Data from Geckoterminal shows that the $55,000 mark has allowed the bulls to sustain the momentum, with indicators now turning positive. The price of Bitcoin now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the recent upsurge. Moreover, the 50-day SMA seems to be moving towards the 200-day SMA, which may form a golden cross in the coming days. This further cements ...

Donald Trump’s WLFI token sale 96% short of $300 million goal

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Donald Trump’s new crypto project World Liberty Financial has faceplanted again after it was revealed that, three days into its public token offering, insiders sold less than 4% of their goal of 20 billion WLFI tokens. This news comes after researchers discovered that World Liberty hired workers from hacked crypto project Dough Finance, X (formerly Twitter) suspended the Rug Radio presenter who hosted its debut, and the website repeatedly crashed on its token sale day. World Liberty Financial’s website admits that it still hasn’t sold 19.2 billion of the tokens it had hoped to. Indeed, as of publication time, it has raised less than $12 million of the intended $300 million . Although insiders claimed to have whitelisted over 100,000 wallets for the initial coin offering (ICO), fewer than 10% of those wallets have participated. As disappointments proliferated, its team began damage control. The project cut its target for token sales to public buyers from 63% to 35%. It na...

Donald Trump And Family Unveil World Liberty Financial DeFi Platform And WLFI Governance Token

Donald Trump and his family unveiled their World Liberty Financial crypto project, including the governance token WLFI. The highly anticipated project was announced yesterday evening at Trump’s Mar-A-Lago resort via a two-hour livestream on X. In an earlier video to promote the project, Trump had said, “We’re embracing the future with crypto and leaving the slow and outdated big banks behind.” .@WorldLibertyFi pic.twitter.com/rHEGQXl4jL — Donald J. Trump (@realDonaldTrump) September 12, 2024 During remarks on Sept. 16, Trump added that crypto is “big and yet it’s a fledgling compared to what it will be…my children opened my eyes.” Donald Trump Family Crypto Project Is A DeFi Platform Trump’s team confirmed that World Liberty Financial is a DeFi platform where users can borrow, lend, and earn interest using cryptocurrencies. As a result, it operates outside the confines of traditional finance. Its WLFI token will be n...

Elon Musk Accepts Donald Trump's Offer to Join His Cabinet

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In quite a major move, Elon Musk has accepted Donald Trump’s offer to join his cabinet, should Trump win reelection in November. Indeed, the Tesla CEO has said he is willing to join the former president’s administration after the topic came up in a recent interview. In a conversation with Reuters, Trump said he was open to offering Musk a role. The move would certainly be a departure for Musk. He currently heads X (formerly Twitter), SpaceX, Nueralink, and the aforementioned Tesla. Yet, it looks like he would be open to turning his attention to the White House, should Trump return to the Oval Office. Elon Musk accepts Donald Trump's offer to serve in his administration if elected president. "I am willing to serve." pic.twitter.com/XupoBXFvMZ — BRICS News (@BRICSinfo) August 20, 2024 Also Read: Trump’s $3.4 Million Crypto Secret: Ethereum Leads the Charge Elon Musk ‘Willing to Serve’ in Trump’s Administration The 2024 presidential election is getting ...