Sacks disagrees with Sen. Warren and Rep. Auchincloss, who argue the token can cause conflicts of interest and foreign influence on Trump.
President Donald Trump has signed a long-awaited crypto order that sets a federal agenda meant to move U.S. digital assets businesses into friendly oversight.
With memecoins dominating the headlines, issuers are filing fresh ETF applications. But is a memecoin ETF a good investment?
Crypto’s reputation has taken a dramatic turn for the better as President Donald Trump returns to the White House.
Trump spoke at length about AI but not crypto in World Economic Forum speech, but the president has an executive-order signing session scheduled.
El Salvador started accumulating BTC under Bukele's leadership, fueling speculation about Trump's strategic reserve promises.
Trump has signed an executive order to evaluate the "creation of a strategic national digital assets stockpile."
The fake token launch could be cashing in on other recent, legitimate cryptocurrency launches from within the Trump family.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The project now holds $352 million worth of crypto tokens, Arkham shows.
Ongoing presidential backing for digital assets is a key determinant for the continuation of 'crypto's golden era,' the report said.
U.S. President Donald Trump addressed the World Economic Forum via livestream on Thursday morning.
Frax Finance‘s community is reviewing a proposal to allocate up to $15 million to World Liberty Financial (WLFI), a decentralized finance project associated with US President Donald Trump’s family. According to the proposal, An initial $5 million would be allocated to acquire WLFI tokens and establish a partnership. A further $10 million is contingent on […]
The post Frax Finance community debates $15 million investment in Trump’s World Liberty Financial appeared first on CryptoSlate.
The majority of wallets that hold Trump have made less than $100, while around 60 whales have earned over $10 million, Chainalysis said.
Pham made several changes to the CFTC’s leadership team on Wednesday after being tapped for interim Chair by President Trump.
The ranking Democrat on the House Oversight Committee is asking for a probe into Trump's financial conflicts of interest he said are "proliferating wildly."
Trump's election has increased investor confidence among institutions, helping to elevate digital assets as a mainstream asset class. The question remains if this is a long-term shift or just a temporary response, says CCData’s Joshua de Vos.
The same prediction market contained $6 million in trading volume for the bet that Trump would pardon Silk Road founder Ross Ulbricht.
Vitalik Buterin, alongside others in that community, are calling on the Trump administration to help free Virgil Griffith and Roman Storm.
The crypto industry is generally optimistic for growth under the new administration, though some regulatory concerns remain.
Coinbase director Conor Grogan says he has identified around $47 million worth of bitcoin associated with Silk Road founder Ross Ulbricht.
The Bitcoin community celebrated Tuesday night following President Donald Trump’s pardon of Silk Road creator Ross Ulbricht.
The recent launch of the TRUMP and MELANIA tokens, catalyzed by President Donald Trump and First Lady Melania Trump, has ignited a mix of excitement and caution within the memecoin and broader cryptocurrency community. This frenzy has caught the attention of billionaire investor Mark Cuban, who is now contemplating the creation of his own memecoin, inspired by the recent memecoin movements. Cuban’s Memecoin Vision: Combining Fun And Financial Responsibility? In a recent social media post, the renowned billionaire opened the door to the possibility of launching a new memecoin, stating, “If memecoins are the way, maybe I’ll issue one.” His announcement has stirred curiosity among crypto enthusiasts, particularly as he hinted that his memecoin would mirror the parameters of Trump’s TRUMP memecoin. Related Reading: Is It Time To Give Up On Ethereum Below $4,000? Analyst Weighs The Facts Cuban plans to implement a 20% float and adhere to a similar release schedule, with one significant distinction: all potential revenue generated from the sale would be directed to the US Treasury. To enhance transparency, Cuban also indicated that the wallet address would be publicly accessible, allowing anyone to track the funds. Cuban framed his initiative as a way to combine entertainment with a social purpose, noting, “If you want to gamble, gamble. But at least use it to make a dent in the US debt.” This statement reflects a growing sentiment among some investors that memecoins can serve a dual purpose—providing both amusement and potential benefits to broader societal issues. However, Cuban’s proposal has not been without its critics. Cuban Cites Dogecoin Success In response to Cuban’s announcement, a user on X (formerly Twitter) cautioned him about the potential pitfalls of launching a memecoin, suggesting that he might be accused of exploiting information asymmetry at the coin’s launch. The user stressed that the supposed memecoin’s price would be dictated by supply and demand dynamics, starting from nearly zero, and warned Cuban not to proceed without careful consideration. Cuban, undeterred by the criticism, defended his understanding of the memecoin landscape, stating, “It’s not hard to put it together. I never have thought about doing a meme coin. Wouldn’t be hard at all.” Related Reading: Big Players Bet Big On XRP, Solana With Excitement Around Donald Trump’s Presidency, Here Are The Figures The back-and-forth dialogue continued, with the user asserting that creating a sustainable memecoin that benefits long-term holders is a challenging endeavor. He further argued that successful memecoins often emerge from community-driven initiatives rather than top-down launches, warning that hype surrounding a celebrity-backed launch could lead to short-term trading rather than fostering an organic community. Cuban concluded the exchange by acknowledging the importance of community in the longevity of memecoins. He cited examples like Dogecoin (DOGE) and Shiba Inu (SHIB), which have thrived due to their strong communities. “I’m not saying buyers won’t get rekt. I said it was gambling. It’s a game of musical chairs. No promises. No pumps by me. Just complete transparency,” he emphasized. At the time of writing, the TRUMP memecoin is trading at $44,778, recording a 14% recovery in the past 24 hours after plunging over 50% from its $79 peak reached over the weekend. Featured image from CNBC, chart from TradingView.com
The Financial Times reported on Monday that World Liberty Financial (WLF), the digital asset venture associated with President Donald Trump, has successfully raised $1 billion through its token sales. Initially launched in October with a goal of selling only 20 billion WLF tokens, the decentralized finance’s (DeFi) venture token surpassed this target by selling 21 billion tokens, demonstrating robust demand despite a rocky start. Eric Trump Champions World Liberty Financial At ‘High-Profile Event’ Per the report, this surge in interest comes as WLF announces the release of an additional 5 billion tokens from its total supply of 100 billion, citing “massive demand and overwhelming interest.” The Trump family’s foray into the cryptocurrency space has been marked by a blend of enthusiasm and controversy. Over the weekend, both Donald Trump and his wife, Melania, launched their own memecoins, which experienced rapid spikes in value. Related Reading: $24 XRP Prediction: Bitcoin Maxi Calls It Risky But Possible Eric Trump, actively promoting World Liberty Financial, also attended a “high-profile crypto event” in Washington, celebrating the intersection of politics and digital assets as his father prepares for a new administration. Trump’s embrace of the crypto sector during his election campaign has resonated with industry executives, many of whom anticipate a more favorable regulatory environment compared to the policies of the outgoing Biden administration. The appointment of crypto-friendly figures, such as Paul Atkins to lead the Securities and Exchange Commission (SEC) and David Sacks as the newly created artificial intelligence (AI) and Crypto Czar, further underscores this potential shift. However, the venture has not been without its critics. Trump’s Memecoins Spark Controversy Concerns arise over the limited rights associated with WLF tokens, which provide holders with only minimal voting rights and no economic entitlements. Furthermore, the tokens cannot be traded or sold back to WLF, leading to questions about their long-term value and utility. Compounding the intrigue surrounding WLF, notable crypto entrepreneur and TRON blockchain founder Justin Sun recently revealed a significant investment of $45 million into the venture, raising his total stake to $75 million. The market’s reaction has been volatile, exemplified by Bitcoin’s brief spike to a record high of over $109,000 on Monday, followed by a retraction toward $102,000 after Trump’s inauguration speech. Analysts now speculate that upcoming executive orders from Trump could bolster the crypto industry’s fortunes in the US, although skepticism lingers among some industry veterans. Nic Carter, a venture capitalist, articulated concerns about the “ethical implications” of a sitting president engaging in business ventures that could be perceived as “conflicts of interest.” Related Reading: This Analyst Correctly Predicted The Bitcoin Price Crash To $99,000, Here’s What’s Supposed To Happen Next The launch of Trump’s memecoins has also stirred controversy, with the Donald Trump memecoin experiencing a sharp decline from a weekend high of $75 to $52. Meanwhile, the Melania Trump memecoin, which disrupted the market dynamics of the Donald coin, saw its value fluctuate significantly from a high of $13.64 to $8.43. Bernstein analysts have noted that this “chaotic crypto era” marks a critical juncture, suggesting that government engagement with cryptocurrencies may redefine the relationship between leadership and emerging technologies. The analysts assert that the launch of Trump and Melania’s memecoins signifies a potential regulatory shift in the country, where digital assets could serve as a direct connection to a mass audience. Featured image from DALL-E, chart from TradingView.com
Bitcoin's dip to $100,000 was quickly bought up and its outlook still remains "bright," one analyst said.
President Donald Trump has signed an executive order to officially pardon Ross Ulbricht, fulfilling a key campaign pledge.
"I don't know much about it other than I launched it," Trump said. "I heard it was very successful. I haven't checked."
Donald Trump just bought over $54M worth of crypto. According to the blockchain intelligence platform Arkham, World Liberty Financial ($WLFI), a crypto project owned by Donald Trump, made the purchase just as he was sworn in as the new President of the United States. The purchase includes a variety of different tokens, such as Ethereum, Bitcoin, Tron, and Aave. Interestingly, $WLFI invested approximately $4.7M, or a multiple of it, in every single token. More interesting stuff? At the exact moment of Trump’s inauguration, a $4.7M purchase of Bitcoin was made. This brings $WLFI’s total crypto holding to a whopping $329M. It’s worth noting that Donald Trump also has his personal crypto wallet with assets worth around $9.6M. And how can we forget the talk of the town, Trump’s very own crypto token, $TRUMP (Official Trump), which skyrocketed over 12,000% overnight? Last but not least, Trump’s wife, Melania Trump, also joined the bandwagon with her own meme coin ($MELANIA). All in all, it’s safe to say that while people expected Trump to support crypto in a big way, no one realized he’d have his own feet so deep down into the crypto waters. What does this mean for you, my fellow crypto trader? Well, given that Trump’s personal interests are in line, the crypto industry is almost undoubtedly set to receive a much bigger boost than initially expected. Best Wallet: How to Secure Your Crypto Assets Amidst Growing Demand Considering the amount of attention crypto is getting and with people swarming to invest in the best meme coins, it’s more important than ever to come up with a foolproof plan to protect your virtual assets. And nope, a regular crypto wallet just won’t work; you need something that puts security before everything else. For instance, Best Wallet. It’s a non-custodial wallet, which means only you have full control over your private keys. They are stored locally on your device so that a vulnerability on their end doesn’t compromise your security. Plus, it’s a multi-asset wallet with a built-in DEX aggregator, allowing users to buy, sell, and swap currencies without having to leave the platform. Join Best Wallet’s Success Story with $BEST Given that Best Wallet app aims to capture 40% of the huge $11B non-custodial wallet market by 2026, it makes sense to position yourself behind its promise. The best way to do so is by investing in its proprietary token, $BEST. Best Wallet Token ($BEST) is currently in presale and has raised over $7.7M so far. Each token is priced at $0.023675, but with prices expected to increase in just a few hours from now, interested investors should try and get in as early as possible. Investing in Best Wallet Token ($BEST) brings a whole array of perks. Apart from the monetary return and high APY staking rewards (235% APY at the time of writing), you also get reduced transaction fees on the Best Wallet app, even when dealing in other currencies. Moreover, you’ll gain access to exclusive projects before their presale is made available to the public, meaning you’ll be able to grab exciting new cryptos at their cheapest prices. Last but not least, $BEST token holders get to vote on important decisions regarding the future of the Best Wallet ecosystem, allowing you to control its progress and development. Unlike other coins, Best Wallet Token puts the power back in the hands of the people. Check out $BEST’s whitepaper for more information, and join its X community and Telegram channel for real-time updates and announcements. Remember, though, this isn’t financial advice, and you should always do your own research before investing your hard-earned money.
The memecoin, which was launched by the President on Friday, saw its price plummet nearly 26% over the past 24 hours.
The launch of an official memecoin tied to the U.S. President himself brought a tsunami of attention into the industry.