U.S. President Trump said that all trade discussions with Canada were being terminated.
Bitcoin held steady Friday as traders braced for a potential shake-up at the Federal Reserve. United States President Donald Trump is reportedly preparing to replace Fed Chair Jerome Powell, a move that could shift the central bank’s approach to interest rates and market liquidity. The Dow Jones climbed more than 300 points midweek, and the ripple reached the crypto market too—Bitcoin nudged higher to around 106,950 before easing slightly. Related Reading: Double Win: Dogwifhat Jumps 24% Alongside Bitcoin’s $107K Push Markets are reading this as a signal. If Powell is pushed out in favor of someone more open to cutting rates, risk assets like Bitcoin and Ethereum could benefit. The US dollar slipped to a three-year low, and bond yields retreated, adding to the sense that easier money may be coming. For crypto investors, this is a setup worth watching. The #USD fell to a three-year low on intensifying speculation that President Trump could soon nominate a new Fed Chair to replace Powell after his term ends next May, a development that could render him a lame duck writes @johnjhardy in today’s #forex update.… — Ole S Hansen (@Ole_S_Hansen) June 26, 2025 Trump Moves Toward Possible Fed Overhaul Reports from multiple outlets say Trump is seriously considering replacing Powell before his term ends in 2026. Though no official announcement has been made, sources suggest Trump has discussed potential successors with advisors. His criticism of Powell’s policies isn’t new, but the recent rise in inflation concerns and election-year pressure may be accelerating the timeline. The market response was immediate. Traders began to price in a more dovish Fed policy, which generally means lower interest rates and increased liquidity. That would be good news for crypto, which has languished under tighter monetary conditions throughout the last year. Bitcoin, which is often used as a hedge against fiat debasement, likes to rally when the dollar declines and rates come down. Bitcoin Price Reacts With Caution Bitcoin was trading at 106,950 Friday, with a daily high of 107,250 and a low of 106,145. It wasn’t a breakout, but it was a clear sign of rising interest. Ethereum and other top coins saw similar quiet moves upward. Traders are treading carefully, knowing that talk of replacing the Fed chair is one thing, but actually doing it is another. Stocks Lead The Way, Crypto Follows The bullish mood started with equities. The Dow surged more than 300 points, while the S&P 500 and Nasdaq also closed higher. Tech stocks led the rally, pushed by falling Treasury yields and hopes that rate hikes are off the table for now. That optimism spilled into crypto markets, where risk sentiment plays a big role. Related Reading: TRUMP Token In Trouble? Over $4 Million Liquidity Exit Sparks Crash Fears Crypto Market Eyes Washington There’s still a lot of uncertainty. Powell is in office, and no formal replacement has been named. But the fact that President Trump is entertaining the idea is already moving markets. Crypto investors are especially sensitive to changes in the macro outlook, and this could be a key one. Featured image from Saul Loeb/AFP/Getty Images, chart from TradingView
A fund based in the United Arab Emirates (UAE) has announced a significant investment of $100 million in the Trump-backed decentralized finance (DeFi) platform World Liberty Financial, and its native token WLFI. The investment was confirmed in a joint statement by Aqua 1 and World Liberty Financial, highlighting the collaboration as a step towards developing a blockchain financial ecosystem and integrating stablecoins. World Liberty Financial Partners With Aqua 1 Zak Folkman, co-founder of World Liberty Financial, expressed enthusiasm about the partnership, stating, “We’re excited to work hand-in-hand with the team at Aqua 1.” This investment positions Aqua 1 among the largest stakeholders in the Trump family’s cryptocurrency project. It is further strengthened by the backing of crypto billionaire Justin Sun, who is the top investor in the company with a substantial $75 million stake. Related Reading: XRP Gears Up For Major Move — Chart Signals Are Clear This marks the second investment from a UAE-based firm in World Liberty Financial within a short span; earlier this year, Abu Dhabi’s MGX used World Liberty Financial’s USD1 stablecoin to facilitate a $2 billion investment in Binance. David Lee, a founding partner at Aqua 1, stated that Aqua 1 and the decentralized platform will collaborate to “identify and nurture promising blockchain projects.” World Liberty Financial also plans to support the Aqua Fund, an investment vehicle focused on enhancing the digital economy in the Middle East. In addition, Aqua 1 will aid World Liberty Financial in expanding its reach into South America, Europe, Asia, and emerging markets. Both companies are also set to develop “BlockRock,” a platform aimed at tokenizing real-world assets (RWAs) to bridge traditional investments like real estate with the Web3 ecosystem. New App Launch Planned In tandem with these initiatives, World Liberty Financial is preparing to release an audit report of its stablecoin, USD1, within days. Folkman, speaking at the Permissionless conference in Brooklyn, New York, also mentioned that the platform’s WLFI token may soon become tradable. Launched two months prior to the US presidential election, WLFI has already generated substantial revenue for Trump’s family business through the sale of governance tokens. These tokens grant holders the ability to vote on project changes and influence its strategic direction. Related Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer While WLFI is currently not tradable, Folkman hinted at forthcoming updates that users should watch for in the coming weeks. He also revealed that the company’s stablecoin has received its first attestation report, which will be available on the company’s website. To further facilitate user engagement, Folkman announced the upcoming launch of a new app designed to simplify cryptocurrency use for everyday investors. As of press time, the official TRUMP memecoin trades at $8.96, recording a major 30% drop in the monthly time frame. Featured image from DALL-E, chart from TradingView.com
US President Donald Trump’s namesake meme token has tumbled hard, slumping nearly 90% from its all-time high set six months ago. Related Reading: Double Win: Dogwifhat Jumps 24% Alongside Bitcoin’s $107K Push Today, TRUMP is trading at $8.80, down 6% in the last seven days. Traders are on edge after the project’s team yanked $4.4 million in USDC from liquidity pools and a single whale lined up a $2.5 million sell order. Team Pulls Millions From Liquidity According to a recent post on X by Lookonchain, the Trump Coin team withdrew $4.4 million worth of USDC and moved 347,438 TRUMP tokens—valued at $3.12 million—from the main liquidity pool into a fresh wallet. The #Trump Meme Team removed 4.4M $USDC and 347,438 $TRUMP($3.12M) in liquidity 6 hours ago. They then bridged 4.4M $USDC to #Ethereum and transferred 347,438 $TRUMP($3.12M) to a new wallet.https://t.co/ORSLE6vJiAhttps://t.co/SYyNae1nio pic.twitter.com/okTk1u0Ow9 — Lookonchain (@lookonchain) June 26, 2025 That move came without any heads-up or clear reason. Now, many investors worry that the team might be preparing to dump coins, which would add selling pressure to a coin already struggling with low demand. Whale Places Huge Sell Order Based on reports, a major wallet known as Kewh32 has put 275,672 TRUMP tokens on the market, roughly $2.5 million at current prices. This whale also sold 100,000 tokens earlier in June and still holds 369,400 coins. If those tokens ever hit exchanges, the added supply could push the price even lower. Price Pattern Offers Mixed Signal On the daily chart, TRUMP has traced out a falling wedge pattern. That setup often leads to a breakout, but only when buyers step in with strength. Here, trading volumes remain weak. The relative strength index (RSI) has sat below 50 for over a month, signaling that sellers are still in control. At the same time, the Awesome Oscillator just flipped green—albeit still below zero—which hints that bearish momentum may be fading. Related Reading: Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak Investor Confidence Falters Many traders are watching the $8 to $9 range closely. A failure to hold above $8 could spell more losses and test deeper support. Right now, there’s no sign of a strong rally. Without fresh buying interest or positive news, the downtrend inside the wedge looks set to continue. It won’t take much to spark a short squeeze—maybe a burst of social media hype or a big buy from another whale. But trust in the token’s team is shaky after the recent liquidity pull. Until on-chain activity shows real demand, most market players expect more choppy trading and lower prices. Featured image from Unsplash, chart from TradingView
After initially stating its WLFI token would remain non-tradable, the Trump-linked crypto project now says a transfer function is in the works — signaling a possible pivot to public trading.
Trump Media and Technology Group Corp (TMTG) has officially filed for its second crypto exchange-traded fund (ETF), focusing on Bitcoin (BTC) and Ethereum (ETH), as detailed in a recent filing to the Securities and Exchange Commission (SEC). Trump Media Files For Second Crypto ETF If the SEC approves this new investment product, it will trade on NYSE Arca, the electronic division of the New York Stock Exchange known for handling exchange-traded fund transactions. This latest filing comes just eight days after TMTG submitted a prospectus with the Connecticut Attorney General through its Special Purpose Acquisition Company (SPAC) partner, Yorkville America. Majority-owned by President Donald Trump, Trump Media is intensifying its efforts to promote financial products linked to blockchain technologies. The company aims to provide the public with regulated investment vehicles that offer exposure to the cryptocurrency market. Related Reading: Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow Recently, Trump Media announced its ambition to raise $2.4 billion, with the goal of becoming one of the largest corporate holders of Bitcoin. This move appears to be part of a broader strategy to diversify its business and attract a wider array of investors. By launching multiple crypto-focused ETFs, Trump Media hopes to generate significant interest in its stock, potentially positioning itself as an appealing option for cryptocurrency enthusiasts. However, with several crypto ETFs already available in the market, there are questions about how much investor interest these funds will garner. The success of the ETFs will likely hinge on their fee structures and how competitive they are compared to existing options. Bitcoin To Hit $180,000-$250,000 As of now, Bitcoin is trading at $106,000, recovering 3% from a recent drop to $98,000. This volatility is largely attributed to the ongoing conflict between Israel and Iran, which has intensified over the past 12 days, impacting financial markets significantly. Market analyst known as Mr. Wall Street recently shared his insights on social media platform X (formerly Twitter), reiterating his bullish targets for Bitcoin, which he believes will reach between $180,000 and $250,000 this year despite any external conflict. Interestingly, Mr. Wall Street noted a significant shift in capital flows, with over $20 billion moving from gold to Bitcoin in the last two weeks alone. Related Reading: Ethereum Whale Loads Up: $422M In ETH Bought In Under a Month This trend suggests that institutional investors and hedge funds are increasingly viewing Bitcoin as a more reliable store of value compared to gold, given Bitcoin’s fixed supply. Additionally, Mr. Wall Street pointed out that the over-the-counter (OTC) desks are becoming less liquid, indicating that significant upward movement in Bitcoin’s price could be imminent. A key indicator, the hash ribbon, recently flashed, signaling that Bitcoin often experiences a 10% correction before rallying by 50-125%. Mr. Wall Street believes that the recent dip to $98,000 constituted this correction, and he anticipates a substantial return on investment from current levels. Moving forward, the analyst expects “continued noise” from the geopolitical landscape, but he believes that further escalation is unlikely. The recent market dip created a sense of peak fear, which historically precedes significant price breakouts, Mr. Wall Street said. Featured image from DALL-E, chart from TradingView.com
Trump Media’s BTC-ETH fund pushes deeper into crypto as NYSE files rule change and political backing grows.
An unexpected peace in the Middle East created waves in the crypto market on 24th June, 2025. Iran and Israel agreed to cease hostilities, and US President Donald Trump termed it a “Complete and Total CEASEFIRE.” Related Reading: Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak The traders had waited days with their hearts in their mouths as missiles soared and oil anxiety mounted. Then peace talks took hold, and digital-asset markets responded almost as quickly as the news broke. ????BREAKING: TRUMP ANNOUNCES CEASEFIRE BETWEEN IRAN AND ISRAEL. BULLISH FOR MARKETS! ???? pic.twitter.com/M9PZM9UsB8 — Crypto Rover (@rovercrc) June 24, 2025 Bitcoin Breaks Through Key Level According to reports, Bitcoin leapt more than 5% within minutes of the ceasefire announcement. It shot past $106,000 before settling just above $105,000. That’s a sharp rebound after prices dipped below $99,000 at the height of the conflict. Investors who had been on the sidelines scrambled back in, driving trading volumes higher on exchanges worldwide. Ethereum And Altcoins Move Up Based on data from market trackers, Ethereum climbed over $2,400 in the hours following the news. A handful of smaller tokens also had a big day. Sei jumped 32%, while Dogwifhat surged 20%. Aptos wasn’t far behind, gaining about 10%. When the top coins gain traction, it often pushes smaller projects higher too, and today was no exception. IRAN CONFIRMS CEASEFIRE AGREEMENT WITH ISRAEL Iran has officially confirmed it has agreed to a ceasefire with Israel, signaling a critical de-escalation in one of the world’s most volatile conflicts. Markets may react swiftly to the easing geopolitical risk. https://t.co/1HKhmbqEGr pic.twitter.com/868bWekGte — Crypto Town Hall (@Crypto_TownHall) June 24, 2025 Market Cap Rebounds Rapidly The global cryptocurrency market cap reached $3.21 trillion, with a 4.40% increase in one session. Prior to the ceasefire, investors moved money into gold and the US dollar in case oil supplies were impaired. “CONGRATULATIONS TO EVERYONE! It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in approximately 6 hours from now, when Israel and Iran have wound down and completed their in progress, final missions!), for 12 hours, at… pic.twitter.com/Tdj8bPUd0w — U.S. State Dept – Near Eastern Affairs (@StateDept_NEA) June 23, 2025 As reports of peace circulated, those same investors funneled cash back into digital assets and equities. You could almost feel the relief in the tickers flashing green across trading screens. Experts Cautious On Future Edul Patel, CEO of Mudrex, told reporters that the market had picked up “bullish momentum” after the ceasefire. He noted that some altcoins rallied as much as 13% in one day. Market analysts pointed out how traders “bought the dip” when Bitcoin briefly tumbled under $99,000, helping it finish the day near $105,000. Related Reading: Stablecoin Wars Ignite: Peter Schiff Champions Gold-Backed Digital Assets Even so, they warn the calm may not be for long. A flare-up in the region or hints of a rate hike from the US Federal Reserve could send prices swinging again. Traders are celebrating today’s gains, but there’s a sense of caution in chat rooms and trading floors. Peace is welcome, but stability in crypto often depends on more than a single announcement. For now, though, the market is riding high—and investors are hoping that this ceasefire really does stick. Featured image from Imagen, chart from TradingView
TikTok has publicly denied allegations that it bought $300 million worth of TRUMP memecoins to sway US President Donald Trump. The company addressed the claims on June 19 in a post on X, labeling the accusation “false and irresponsible” and aimed at misrepresenting its actions. The statement followed comments by US Congressman Brad Sherman, who […]
The post TikTok clashes with US congressman over alleged $300M TRUMP token bribe appeared first on CryptoSlate.
Interest is building among XRP investors after Crypto Beast, a well‑known analyst, put forward a bold forecast. He sees a minimum breakout level of $8 on the horizon. With the US Securities and Exchange Commission no longer posing a roadblock, Crypto Beast believes XRP has a clear path ahead. Related Reading: Record‑High Ethereum Open Interest Signals Institutional Confidence His view rests on the idea that the market still hasn’t fully priced in XRP’s cleared status with regulators. Short‑term traders and long‑term holders alike are tuning in. Regulatory Milestone And Market Reaction According to court records, XRP won a key victory in July 2023 when Judge Analisa Torres ruled that it’s not a security under US law. That moment sent XRP from about $0.48 to $0.93 very fast. But prices slipped back over the next few weeks, bringing it down to the $0.50 area again. Then, after US President Donald Trump won re‑election and signaled a shake‑up at the SEC, XRP marched into a new range around $2.00. Despite that climb, Crypto Beast argues the legal win hasn’t been fully valued by the wider market. XRP is about to explode. I’m eyeing at least $8, and the market still hasn’t caught up to the fact that the SEC doesn’t consider it a security.$XRP holders are about to PRINT. I’ll drop the signal to exit right here when the moment is right. You’ll regret not following. pic.twitter.com/oiE8INoy7F — Crypto Beast (@cryptobeastreal) June 16, 2025 Technical Pattern Points To Upside Crypto Beast pointed to a bull flag chart pattern that starts with a rally from $0.40 up to $3.40. A flag pattern formed when XRP pulled back into the $2.00–$3.00 zone. He marked the breakout level at $3.37. By measuring the height of that $3.00 pole and adding it to the low of the flag, he arrived at a target near $10.69. In another post, he set a more conservative floor of $8.80, a roughly 4x gain from today’s price around $2.20. That kind of move would push XRP’s market cap above $500 billion, putting it in league with big firms like Oracle, Netflix and Mastercard. Broader Crypto Trends And Correlation Based on reports from his channel, Crypto Beast isn’t just upbeat on XRP price about to “explode”. He’s looking for a 3x rise in Solana, a 2x pop in Ethereum and a 5x run in SUI. Even more, he’s penciled in potential 40x gains for select smaller tokens. Still, these forecasts rest on a growing crypto mood—mostly led by Bitcoin. When BTC stalls or dips, large altcoins often follow suit. So any rally in XRP may need fresh money flowing into the whole market. Related Reading: Tether Enforces Freeze On $12 Million In Tron Funds Over Illicit Activity Risks And Exit Strategy Crypto Beast says he’ll flag when it’s time to sell. He reminded followers that patterns do fail and charts alone can’t guarantee gains. A sudden market shift or a change in macro sentiment could spoil the setup. He advises setting stop‑loss levels and watching BTC for hints. His trust in XRP’s future is strong, but he wants traders to be ready for any twist. Featured image from Pexels, chart from TradingView
The U.S. President has called for Iran's unconditional surrender.
A new filing shows Trump Media & Technology Group moving into both crypto and telecom markets. The company behind Truth Social and Truth+ has asked the US Securities and Exchange Commission to register a Bitcoin and Ethereum ETF, according to reports. At roughly the same time, it unveiled plans for a $499 Trump‑branded smartphone and service plan. Related Reading: Record‑High Ethereum Open Interest Signals Institutional Confidence Truth Social Bitcoin And Ethereum ETF According to the registration statement dated June 16, the proposed ETF would hold 75% of its assets in Bitcoin and the remaining 25% in Ethereum. If the SEC clears the way, the fund will list on NYSE Arca under a sponsor agreement with Yorkville America Digital. The plan is to store both coins in direct custody, meaning the ETF will actually hold the digital tokens rather than futures contracts or other derivatives. Crypto.com Handles Custody And Staking Based on reports, Crypto.com will serve as the ETF’s sole custodian and prime execution agent. The company will also provide staking and liquidity services for the Ethereum portion. That setup could ease SEC concerns, given the regulator’s focus on secure storage and clear oversight. Still, there’s no guarantee the ETF will win approval. Past spot crypto ETF proposals have faced delays and rejections due to worries over market manipulation and investor protection. Trump Mobile Smartphone and Service Plan At a media event in Trump Tower, US President Donald Trump’s organization introduced “Trump Mobile,” a new phone and network service. The device will sell for $499 starting in September, and the monthly plan is priced at $47.45—a nod to Trump’s role as the 47th US President. BREAKING: The Trump Organization announced Trump Mobile, which will offer 5G service starting at $47.45 through the 3 major carriers and will be releasing a phone in August called the “T1 Phone.” The phone is described as “a sleek, gold smartphone engineered for performance and… pic.twitter.com/jhtXRLveJZ — RedWave Press (@RedWave_Press) June 16, 2025 The phone itself is made in the US, and call centers here will handle customer support. Coverage will run on existing networks, with the Trump name licensed rather than the company building its own towers. Related Reading: Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level Trump Mobile: Bundled Extras Aim To Attract Users According to the company, Trump Mobile will bundle telemedicine visits, international texting to 100 countries, and roadside assistance. Donald Trump Jr. highlighted those extras as part of a flat‑fee package designed to stand out from major carriers. The idea is to offer more than just voice and data—giving customers a health line and car help all through one monthly bill. The trademark applications filed by DTTM Operations cover telecom services and accessories under the Trump brand. Featured image from Joe Raedle/Getty Images, chart from TradingView
Companies around the globe made 60 Bitcoin announcements in five days, signaling a surge in corporate interest. Between June 9 and 13, companies added thousands of BTC to their balance sheets and revealed plans for billions more. This week’s activity shows that more businesses are treating Bitcoin like any other financial asset. Related Reading: Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level Six New Bitcoin Treasuries Open Doors According to data shared by @btcNLNico on X, six firms created fresh Bitcoin treasuries and together added 404 BTC in just one week. American Bitcoin Corp led the pack with an initial purchase of 215 BTC as it moves toward a public merger under the ABTC ticker. ???? Week 24 – #Bitcoin Treasury Strategy Updates ???? ???? June 9-13 saw a massive 60 announcements! ???? – 6 new treasuries launched with 404 BTC – 10 future treasuries announcements – 23 companies added bitcoin, totaling 2,188 BTC – 9 plans to buy more bitcoin, up to ~$1.83 billion… pic.twitter.com/HM9FiZWMvb — NLNico (@btcNLNico) June 14, 2025 Bitmine and Gumi also made their debut in the corporate Bitcoin club. On top of that, 10 companies—including Mercury Fintech, which unveiled an $800 million financing plan—have filed paperwork or announced intentions to set up their own Bitcoin reserves. Trump Media, owned by US President Donald Trump, even registered for a $2.3 billion Bitcoin Treasury deal. Existing Holders Expand Their Stakes Twenty‑three firms bolstered existing Bitcoin piles with 2,188 BTC of new buys. Strategy was the busiest, scooping up 1,045 BTC and closing a $979.7 million IPO on June 10. Remxpoint added 279.9 BTC, KULR took on 118.6 BTC, and Cipher Mining snapped up 111 BTC. Smaller players like Vanadi Coffee and Rocksoft chipped in with between 1 and 10 BTC each. Based on reports, this wave of buying echoes the rush into Bitcoin ETFs—BlackRock’s IBIT fund alone approached $1 billion in inflows over the same stretch. Plans Point To $1.83 Billion In Future Buys Nine companies have spelled out intentions to buy more Bitcoin, potentially fueling $1.83 billion of fresh demand. ANAP has raised funds earmarked for a 585 BTC purchase. Mélioz brought in $32.5 million and set up warrants that could translate into another $69.48 million in Bitcoin. GameStop announced a $2.25 billion convertible note issue, with proceeds tagged for crypto investments. Related Reading: Ethereum Whales Feast While Retail Flees—ETH Ocean Just Got Hungrier Asset Tokenization And Capital Raises Take Shape Based on reports, some firms are going beyond simple purchases. DDC Enterprise and H100 Group plan to tokenize real‑world assets and use Bitcoin as collateral. The Blockchain Group in France kicked off a €300 million capital program and won shareholder backing to raise up to 10 billion euros. Featured image from Unsplash, chart from TradingView
The move follows registration for a standalone Truth Social bitcoin ETF earlier this month.
In a financial disclosure filed June 13 with the US Office of Government Ethics, US President Donald Trump reported earning $57.4 million from World Liberty Financial—a crypto venture he launched alongside his sons, Donald Jr. and Eric. The form also reveals he holds 15.75 billion governance tokens in the project, giving him direct voting power over its direction. Related Reading: Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt Trump’s Token Windfall According to the disclosure, Trump’s income line reads “$57,437,927.” It doesn’t say if he sold tokens, earned staking rewards, or used another method. But the number is huge. It hints that he either cashed out part of his stake or that an internal valuation put the tokens’ worth very high. Massive Fundraising Rounds Based on reports from March, World Liberty Financial raised $200 million in its first token sale. A second round pulled in $250 million. That brings total fundraising to roughly $550 million. The project kicked off in September 2024. It aims to offer DeFi services and dollar-pegged stablecoins as an alternative to banks. Big Investors Join In Tron founder Justin Sun invested $30 million in November 2024. He got 2 billion WLFI tokens at an early price of $0.015 each. Web3Port added $10 million in January 2025, and Oddiyana Ventures also came on board. They didn’t say how much that fund put in. These bids suggest major players believe the project can grow. Ethics Questions Loom Based on the ethics filing, Trump still has roles in related holding companies like CIC Digital LLC and CIC Ventures LLC. But income from those is small or zero. The form carries his certification that everything is “true, complete, and correct to the best of [his] knowledge.” It will be reviewed by the Office of Government Ethics. Related Reading: Billionaire Snaps Up $100 Million Of Trump Coin – Details The disclosure also notes his past digital ventures. He previously reported earnings from NFT projects such as Trump Digital Trading Cards. This time, no new NFT income shows up. Instead, all the focus is on World Liberty Financial. That venture now stands as the biggest piece of his crypto footprint. Critics will point to potential conflicts of interest. A sitting president profiting from tokens that grant voting power in a financial project raises eyebrows. Supporters might argue it’s just savvy investing. Either way, the numbers are out in the open now. And the public can see that Donald Trump made a hefty gain from a startup he helped launch—and that he still holds sway over its future. Featured image from Getty Images, chart from TradingView
US President Donald Trump’s media group is making a big splash in crypto finance. A Chicago trading firm put up $100 million to buy 4 million shares in Trump Media & Technology Group. That move comes just nine weeks after US regulators closed a probe into the same firm. Based on reports, the deal is tied to TMTG’s plan to buy over $2.5 billion worth of Bitcoin. Related Reading: Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt Big Bet On Trump Coin According to the filing, DRW Investments treats Bitcoin like any other corporate asset. The company – founded and controlled by trading mogul Don Wilson – said it has been active in crypto for more than a decade. It sees value in holding Bitcoin on its balance sheets. Buying into TMTG was, in its view, a straightforward way to back that idea. News update from the swamp: “An American financier invested $100 million in the Trump family’s flagship bitcoin project just nine weeks after a probe into his crypto business was dropped by the Trump administration.” pic.twitter.com/ibiLp38CNC — Jake M. Grumbach (@JakeMGrumbach) June 14, 2025 Institutional Backers Rally Jane Street leads the pack with a $375 million stake in the Trump Group. That makes it the largest backer so far. Other investors are also lining up. Based on reports, TMTG’s goal is to raise $2.5 billion and use much of that cash to buy Bitcoin. If all goes to plan, the firm could hold over 140,000 BTC at current prices. Regulatory Milestone Achieved On Friday, June 13, the SEC declared TMTG’s registration statement for its Bitcoin Treasury offering effective. That covers 56 million new shares of equity and 29 million in convertible notes. Clearing this step means the company can sell shares and raise the cash it needs. It also subjects TMTG to ongoing SEC reporting and oversight. Voice Of The Crypto Industry Meanwhile, a DRW spokesperson called for a fresh look at the SEC and CFTC. The firm argued that the current regulators don’t match the pace of global market changes. Over the years, DRW’s crypto arm, Cumberland, bought 70,000 BTC in a US government auction of Silk Road assets. That stash is worth about $7.7 billion today. Related Reading: Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears Featured image from Digital Watch Observatory, chart from TradingView
Tron’s blockchain just added a USD1 stablecoin from World Liberty Financial Inc. That move put the spotlight back on TRX. And traders are paying attention to what comes next. Related Reading: Relentless Bitcoin Accumulation: Strategy Snaps Up 1,045 More BTC Significant Price Movement According to trading data, TRX climbed 6% on Tuesday. It broke above the $0.2875 level on the daily chart before hitting resistance at $0.2980. A clean break past that hurdle could send the token toward $0.3230, the 50% Fibonacci retracement level. Currently, TRX trades around $0.2920, sitting between support at $0.2808 and the 23.6% Fib mark of $0.2645. The first USD1 has officially been minted on TRON — a small step for USD1, a giant leap for stablecoins!https://t.co/KMLg8NcXw8 — H.E. Justin Sun ???? (@justinsuntron) June 11, 2025 High-Profile Stablecoin Launch Based on reports from World Liberty Financial Inc., the new USD1 stablecoin is now live on Tron. The issuer has ties to US President Donald Trump, and Justin Sun—Tron’s founder and the largest holder of the Trump Token meme coin—called the launch a “giant leap for stablecoins.” Sun also joined a White House dinner for top Trump Token holders. This link to big names has drawn fresh eyes to Tron’s ecosystem. On-Chain Growth Signals According to DeFiLlama, the total value locked on Tron reached over $5 billion. On June 6, the network saw 4.50 million returning user addresses. Those stats suggest people keep coming back to DeFi apps on Tron, but it’s worth watching whether those funds stay in place or chase higher yields on other chains. Bullish Bets in Derivatives Based on CoinGlass data, TRX derivatives open interest rose by 8.25% over the past 24 hours to $329 million. The weighted funding rate open interest rose to 0.0098%, indicative that bullish long positions are greater than shorts. Short liquidations in the past day were almost double that of longs, which settled a bearish bet wave. Technical analysis supports this positive perspective. The RSI on the daily chart is inching up to the overbought region, indicating heightened buying pressure. A recent MACD crossover drove histogram bars into positive territory, which means momentum has favored the buyers. Related Reading: Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears Meanwhile, traders will keep a close eye on Bitcoin’s moves too. A pullback there could drag altcoins lower, while a fresh rally could lift TRX even more. For now, the combination of a big-name stablecoin launch, rising TVL, swelling open interest and positive technical signals gives Tron fans reason to watch for a potential breakout. Featured image from Getty Images, chart from TradingView
Bitcoin’s price outlook remains sky-high after Strategy founder Michael Saylor told Bloomberg on Tuesday that a market freeze won’t come back. He argued that growing demand and limited daily supply point straight to a rally toward $1 million. Related Reading: Relentless Bitcoin Accumulation: Strategy Snaps Up 1,045 More BTC Supply And Demand Pressure According to Saylor, miners release only about 450 BTC each day. That adds up to roughly $50 million at today’s price of around $109,859. He said once that $50 million is snapped up by buyers, there’s no choice but for the price to climb. His view rests on the idea that active demand now matches or exceeds what miners sell. High Price Targets Based on reports, asset manager ARK Invest recently boosted its bull case for Bitcoin from $1.5 million to $2.4 million by the end of 2030. Saylor went even further. He said that as long as Bitcoin doesn’t head to zero, it’s bound for $1 million. His own firm has picked up 582,000 BTC since 2020. That stash is worth nearly $64 billion, according to Saylor Tracker data. Institutional And Political Support Saylor pointed to big names backing Bitcoin. He mentioned US President Donald Trump, US Treasury Secretary Scott Bessent and SEC chair Paul Atkins as signs that the asset has won its toughest battles. He also noted that banks are lining up to offer custody services. And he praised Bitcoin ETFs from BlackRock and others for buying coins daily. Volatility Warning Saylor didn’t shy away from a cautionary note. He suggested that if Bitcoin hits $500,000 or $1 million, a fall to about $200,000 could follow. That’s almost a 60% drop from the peak. His point was that big price swings are part of Bitcoin’s history—and likely its future. Beyond miner sales and whale wallets, analysts say wider market moves matter too. Spot and futures trading often top $10 billion a day, so $50 million of fresh buys might only nudge the price. Regulation could swing the other way if concerns over energy use or consumer protection grow. And rival cryptocurrencies keep popping up with new features. Related Reading: Owning 10,000 XRP? You’re Among Crypto’s Elite, Expert Claims What Comes Next Reports disclose the real test will be whether steady new buyers can outpace both miner supply and selling by holders looking to bank profits. Saylor’s figures make a strong case for continued upside. But investors who build a plan around a $1 million Bitcoin should brace for big dips along the way. In the end, daily demand, political moves and how the rest of the financial world reacts will decide if those eye-popping targets really come to pass. Featured image from Getty Images, chart from TradingView
A sudden slide in Bitcoin’s dollar value rattled traders this week after US President Donald Trump and Elon Musk tangled in public comments. The drop was sharp, and it raised questions about whether BTC can keep its upward momentum. According to market data, prices dipped quickly before finding a floor, leaving some investors on edge while others looked to on-chain figures for clues. Related Reading: Elon Musk ‘Will Do Anything’ To Make XRP King, Tech Mogul Says Exchange Reserves Slip Based on reports from CryptoQuant, the amount of Bitcoin held on centralized exchanges fell from 2,435,600 BTC to 2,365,400 BTC over seven days. That’s a nearly 3% decline. When coins leave exchanges it often means people want to hold them in private wallets. Fewer coins available to sell can tighten supply. In turn, that may help prices recover. Realized Cap Hits New High According to the same data, Bitcoin’s Realized Capitalization recently hit $935 billion. It’s the highest level on record. Realized Cap tracks the value of all coins at the price when they last moved on-chain. A rising number shows fresh capital flowing into Bitcoin. It suggests both small traders and large institutions are still betting on BTC’s long-term value. Netflow Shows Accumulation Based on the flow of deposits and withdrawals, Bitcoin’s netflow has been negative. That means more coins have left exchanges than have been deposited. Withdrawals beat deposits in trading volume. In simple terms, holders aren’t looking to sell right now. It’s a classic sign that buyers outnumber sellers—at least in the on-chain arena. UTXO Bands Point To Holder Confidence CryptoQuant’s UTXO Value Bands also reveal growing activity across multiple coin-age groups. UTXO stands for Unspent Transaction Outputs. It measures the age and value of coins that haven’t moved. When you see more coins in older bands and steady movement in newer ones, it tells you a variety of investors—from long-term holders to recent buyers—are staying active. That pattern tends to shore up market support. Related Reading: Blank Pi Network Wallets Spark Outcry—What’s The Network Hiding? Looking Ahead Even if Bitcoin’s price can swing wildly day to day, these on-chain signals hint at solid backing underneath. Less supply on exchanges, a record realized cap of $934.88 billion, ongoing negative netflow and rising UTXO activity all point toward patient investors holding their ground. Short-term dips may still occur, especially when big names trade barbs on social media. But for many in the market, the long-term story remains intact. Featured image from Unsplash, chart from TradingView
Based on reports, a long-dormant Bitcoin whale made a surprise move this week, snapping up 250 BTC for about $26.37 million. It’s the first time this wallet has shown activity in two years. Related Reading: Bitcoin To Hit $180,000 In 2025? Analyst Highlights The Trigger The purchase has stirred talk among traders and on-chain analysts alike. Some see it as a sign that big players are getting ready for more action in the weeks ahead. Whale Returns After Two Years According to Lookonchain data, the same whale pulled 500 BTC out of Gemini back in 2022 when Bitcoin was trading near $27,400, a move worth nearly $14 million at the time. Now, with BTC hovering around $105,000, the whale’s holdings sit on an unrealized gain of over $39 million. That kind of profit margin grabs attention. Other large holders often watch these moves closely. They wonder if this is the start of a wider trend or just one wallet’s play. A whale that had been dormant for 2 years bought another 250 $BTC($26.37M) 9 hours ago. 2 years ago, this whale withdrew 500 $BTC($13.7M) from Gemini at $27,401, now sitting on an unrealized profit of $39M.https://t.co/c0U92isSfc pic.twitter.com/vcb4V3M0Uz — Lookonchain (@lookonchain) June 8, 2025 Big Gains On Early Bet Early adopters have seen massive upside in Bitcoin over the years. This whale’s 2022 withdrawal came just before a multi-year price boom. Since then, Bitcoin has climbed nearly 300%. Not everyone can make moves like that. Small investors often feel left behind when a wallet this size shifts coins. Still, some traders say it can create a ripple of optimism. When big holders buy, retail traders sometimes pile in, chasing the same gains. Technical Indicators Show Mixed Signals On the charts, BTC seems to be shaping an inverse cup-and-handle pattern with a significant neckline at $100,800 serving as major support. The price has fallen into the handle stage, and a dip below $100,800 could propel Bitcoin to $91,000, which coincides with its 200-day exponential moving average (EMA). Bitcoin’s relative strength index (RSI) is 52, indicating the bullish momentum is fading. A fall below 50 could introduce additional selling pressure. For the bulls to regain control, BTC must recapture the 20-day EMA resistance, which is just above $105,000. Related Reading: Elon Musk ‘Will Do Anything’ To Make XRP King, Tech Mogul Says Market Volatility And Liquidations There were some wild price movements last week fueled in part by social media battles between US President Donald Trump and billionaire Elon Musk. The price of bitcoin fell below $101,000 for a moment, causing close to $1 billion in liquidations across futures markets, before recovering to above $105,000 within hours. The miner capitulation signal was also detected by CryptoQuant’s Hash Ribbons indicator, pointing to near-term pain for worse-off miners, but some potential rallies ahead once they pulled through. Featured image from Unsplash, chart from TradingView
According to social media buzz, the growing clash between Elon Musk and US President Donald Trump has sent ripples through the crypto world. Musk’s public swipe at a recent spending bill kicked things off. Then came Trump’s warning to yank Musk’s government contracts. It got messy fast. And now, some believe XRP could come out on top. Related Reading: Bitcoin Network Activity Booming Despite A Quiet Market—Data Elon Musk-Trump Feud Spurs Crypto Talk Musk took to Twitter on June 4 to slam what he called reckless government spending. His post warned of “serious economic risks.” Not long after, Trump fired back. He threatened to pull subsidies and contracts tied to Tesla. That response sent Tesla’s stock tumbling. Investors watched $150 billion in market value vanish in a matter of hours. Market Moves And Price Swings Based on reports, Bitcoin slid more than 5% following the news. It dropped to a low of $100,550 before finding a bit of footing near $102,400. XRP wasn’t spared either. It fell alongside other major coins, though the exact drop varied across exchanges. Traders saw quick declines, then a modest rebound as the dust settled. I believe @elonmusk will do anything to make @Ripple $XRP as a chosen one and use it on @x while knowing that @EricTrump, @DonaldJTrumpJr, and @realDonaldTrump will watch @worldlibertyfi and @bitcoin crashing in front of their eyes. Right, @elonmusk? — Joshua Dalton (@J9Dalton) June 5, 2025 XRP Community Weighs In Joshua Dalton, who founded tech services firm TRIBLU, stirred the pot with a bold claim. He suggested Musk might choose XRP as the main currency for X’s upcoming payment system, X Money. Dalton argued that Musk “will do anything” to make XRP the go-to token. He tagged Ripple, Musk, US President Trump, and Trump’s sons in a single post. That move framed the drama as more than just politics—it became a showdown of crypto loyalties. Technical Fit For X Money XRP provides quicker settlement and reduced fees than Bitcoin. In 2021, Musk suspended BTC payments for Tesla due to high energy consumption and centralized mining concerns. That move proved he’s not afraid to change course when a coin isn’t aligned with his objectives. Related Reading: Bitcoin To Hit $180,000 In 2025? Analyst Highlights The Trigger In October 2024, Musk even referenced XRP in a viral video. He spoke of crypto like XRP potentially resisting central control, but he did not go so far as to make a full endorsement. With X Money scheduled to roll out later in 2025, XRP’s architecture for cross-border transfers could mirror what Musk is looking to create. Some analysts point out real hurdles. Ripple still holds a large chunk of XRP, and US regulators are watching closely. Any big move would need legal green lights and deep liquidity on exchanges. But for now, the idea of an “everything app” powered by XRP keeps popping up in crypto chats. Featured image from Shutterstock, chart from TradingView
Dogecoin took a hard hit this week as tensions flared between Elon Musk and US President Donald Trump. Prices slid sharply, and red numbers dominated the market. Traders who had been riding the hype found themselves on the losing end. It was a week many will remember for how politics and memes intersected in unexpected ways. Related Reading: $500M Bet On Solana: Education Platform Aims To Supercharge Its Treasury Musk And Trump Clash According to public posts, Elon Musk officially left the Department of Government Efficiency (DOGE) on Thursday. That move came after he criticized Trump’s spending bill. He had been co-leading that department since late 2024. Their back-and-forth heated up after Trump said he was “very disappointed” in Musk. ????TRUMP: “I’m very disappointed with Elon. I’ve helped him a lot. He knew the inner workings of the bill better than anybody sitting here. He had no problem with it. All of a sudden he had a problem & he only developed the problem when he found out we’re going to cut EV mandate” pic.twitter.com/aeCcmCAODQ — DogeDesigner (@cb_doge) June 5, 2025 In response, Musk claimed Trump would not have won the election without his support. Then Trump called Musk “CRAZY” and threatened to cancel Tesla and SpaceX contracts. Musk fired back on X with, “Go ahead, make my day.” He even warned he might decommission SpaceX’s Dragon spacecraft. Musk Mentions Epstein Documents Based on posts on X, Musk also said that files about Jeffrey Epstein’s case have stayed secret because Trump’s name appears in them. That claim added another layer to the feud. It wasn’t just about spending anymore. Now there was an allegation tying the US President to sealed Epstein investigations. Trump replied that he would pull any contracts with Musk’s companies. Time to drop the really big bomb:@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT! — Elon Musk (@elonmusk) June 5, 2025 Dogecoin Price Plunge Based on reports, Dogecoin fell about 11% on Thursday alone. Over the past week, it was down 16% from its recent highs. Traders pointed to Musk’s political exit as a key factor. Many still see Dogecoin as “the people’s crypto” because of Musk’s early support. But without his backing in that government role, sentiment soured quickly. It’s a coin that has no real asset behind it, so any shift in hype can send prices tumbling. A drop of this size is rare, yet it felt inevitable once the Musk-Trump feud spilled into public view. Tesla Shares Slide Elon Musk’s companies did not escape the fallout. Tesla stock closed down 13% on Thursday. That tumble came after Trump signaled he would pull federal contracts from any company owned by Musk. Investors feared lost revenue and stiffer regulatory oversight. Tesla shares had been riding high this year, but angry tweets from Trump were enough to shake confidence. Even a short phrase on X can move markets—especially when it involves a figure as polarizing as Trump or Musk. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge Crypto Market Liquidations Meanwhile, the broader crypto market also felt a jolt. According to Coinglass data, total liquidations reached $982 million in a single day. Of that, long liquidations—bets on rising prices—totaled $881 million. Short positions, or bets expecting prices to fall, saw losses of $100 million. That level of liquidation is striking, and it showed how quickly nerves can fray when big personalities clash. Bitcoin and many altcoins slid alongside Dogecoin, creating a chain reaction of forced sell-offs. Featured image from Allison Robbert and Saul Loeb/AFP, chart from TradingView
PLUS: $TRUMP token slumps on Trump-Musk drama and wallet fallout
All three of U.S. President Donald Trump’s sons have denied being involved with Magic Eden’s plans for a $TRUMP wallet.
US President Donald Trump’s circle moved closer to rolling out two big crypto products this week. One announcement sparked a public mix‐up over who’s doing what. The other took a formal step toward a Bitcoin exchange‐traded fund. Both moves show the family’s push for more crypto ties. Related Reading: XRP Could Transform Your Finances Long Before $10K, Angel Investor Says Trump Token Wallet Claim Fuels Confusion According to reports, @GetTrumpMemes on X said on Tuesday that a new crypto wallet branded with US President Trump’s picture is coming. The post said Magic Eden will power the wallet and that users could grab up to $1 million in TRUMP token rewards by joining a waitlist. Some readers rushed to sign up. But then Donald Trump Jr., who serves as Web3 Ambassador to World Liberty Financial (WLFI), posted that his family isn’t involved in that exact product. He called out the official TRUMP token account and said WLFI will launch its own branded wallet at a later date. With Billions of Trump fans around the world, the $TRUMP mission has always been to make it super easy for Trump supporters to get into crypto and join the $TRUMP community. The $TRUMP Wallet powered by @magiceden is coming soon. Join the $TRUMP community!… pic.twitter.com/7nIubWIdqw — TrumpMeme (@GetTrumpMemes) June 3, 2025 Eric Trump chimed in too, saying he and his brother have no link to the version teased by the TRUMP token team. That disagreement left fans scratching their heads. Who really owns this wallet? It’s clear that the brand name draws attention, but so does the split between the token’s official page and the Trump family’s own statements. Family Firm Files For Bitcoin ETF Based on filings, NYSE Arca took the first legal step on Tuesday to list a Truth Social Bitcoin spot ETF. The 19b-4 request went to the US Securities and Exchange Commission. Yorkville American Digital, a Florida asset manager, is the sponsor. If approved, this would become the 13th US Bitcoin spot ETF and join big names like BlackRock and Fidelity. The move follows an April partnership between Trump Media and Crypto.com to launch “Made In America” exchange‐traded products that include Bitcoin and Crypto.com’s Cronos token. Back then, people in crypto circles saw a sign that Trump Media aims to bundle patriotism with digital coins. Now the new filing shows they’re serious about offering a mainstream Bitcoin fund. Related Reading: $500M Bet On Solana: Education Platform Aims To Supercharge Its Treasury Brand Mix Leads To Mixed Messages People watching this space know that WLFI dipped into stablecoins before. And Trump Media said it plans a Bitcoin Treasury worth $2.5 billion at launch. So the family name is already tied to crypto money. Yet the wallet announcement on X and the family’s denials highlight how fast things can sound official—especially when magic Eden and a popular meme token are involved. One side says, “We’re doing it,” while the other side says, “Not us.” When branding blurs the lines between projects, users may wonder which link to trust. That split can hurt credibility, even if the goal is to ride high on an eye‐catching name. Featured image from Unsplash, chart from TradingView
Magic Eden, a non-fungible token (NFT) marketplace, has announced a partnership with the team behind President Donald Trump’s memecoin to create an official “TRUMP-branded cryptocurrency wallet.” This new product, aptly named the TRUMP Wallet, will not only feature Trump’s likeness and name but will also support trading of the TRUMP token alongside other digital assets, including Bitcoin (BTC). TRUMP Wallet Opens Waitlist Amid Controversy The waitlist for the TRUMP Wallet opened on Tuesday at TrumpWallet.com, with a broader launch expected later this summer, as confirmed by a spokesperson from Magic Eden. In a promotional push, the project is being marketed as “the first and only crypto wallet for true Trump fans,” enticing users with the opportunity to share in $1 million worth of the memecoin rewards. Those who sign up and refer friends will be able to enhance their position on the waitlist. Related Reading: Crypto Analyst Says XRP Community Should Pay Attention To June 4-6, Here’s Why Interestingly, Eric Trump, who has been involved in various cryptocurrency initiatives linked to his father, expressed surprise at the project. He took to social media platform X (formerly Twitter) to assert, “I run @Trump and I know nothing about this project!” In a follow up social media post, Eric further said: This project is not authorized by @Trump. @MagicEden I would be extremely careful using our name in a project that has not been approved and is unknown to anyone in our organization. KYC Details Still Unclear The announcement was shared by the official TrumpMeme account, but further details about the partnership, including terms of revenue-sharing and potential Know Your Customer (KYC) requirements for users, remain unclear. This initiative is part of a larger strategy to boost engagement in Trump-related cryptocurrency ventures, which have been gaining momentum in recent months. The Presidential family’s expanding crypto portfolio already encompasses a variety of digital assets, including non-fungible tokens, a stablecoin, a decentralized finance platform with its own virtual token, and memecoins named after both Donald Trump and the First Lady. Related Reading: Is $250K Bitcoin Possible This Year? This Research Chief Thinks So Magic Eden’s CEO recently attended a fundraiser dinner hosted by Trump for previous winners of a TRUMP coin contest, further solidifying the ties between the two entities. It appears that the TRUMP Wallet will be built on the Slingshot Finance platform, a self-custodial trading application acquired by Magic Eden in April. Slingshot is known for featuring various meme tokens, such as Bonk Inu (BONK) and Fartcoin (FARTCOIN), and does not directly collect user identity information; instead, this is managed by MoonPay, the app’s fiat on-ramp provider. When writing, the official memecoin launched by the President’s team trades at $11, recording losses of 12% and 21% on the seven and fourteen days time frame respectively. Featured image from NBC, chart from TradingView.com
WLFI token holders received $47 worth of the dollar-pegged USD1.
NYSE Arca, an arm of the New York Stock Exchange, submitted paperwork with the Securities and Exchange Commission on Tuesday.
US President Donald Trump’s brief post on Truth Social on May 29 sparked a quick burst of excitement among crypto traders. Based on reports, some users saw a hidden reference to the Pepe meme coin (PEPE). Related Reading: $400K Bitcoin? Analyst Says It’s Not A Dream—It’s ‘Coded’ In the next few hours, PEPE shot up by 5% but then fell back by 15%. Traders are now watching to see if this social push can do what Elon Musk once did for Dogecoin. Pepe Price Moves According to market data, PEPE’s price hit its upper resistance after the Trump post. A short surge brought a 5% gain. Then profit-taking and wider market pressure drove an 18% correction. The flip in momentum shows how fast things can change in meme-coin land. A small tweet or post can send prices soaring, but it only takes a bit of selling to push them down again. ???? Wait, what Trump just dropped a $PEPE pic on Truth Social ???? Is this a secret crypto endorsement or just trolling the internet? Either way the $PEPE rocket might just have a new co-pilot. What’s next a $PEPE rally or a Twitter melt down Stay tuned???? pic.twitter.com/cu8RF7D55b — Josh Mair (@WizzOfCrypto) May 29, 2025 On Drama & Speculation Trump’s message saying he’s “on a mission from God” makes him sound like he has a special purpose, not just a political goal. The dark street scene and the words “nothing can stop what is coming” hint that something big is coming, even if he doesn’t explain it. This kind of talk can fire up his most loyal supporters – especially PEPE aficionados – because it feels dramatic and urgent. Chart Patterns In Focus Based on reports from chart watchers, PEPE appears to be forming a cup-and-handle pattern that began about five months ago. If the coin breaks above the handle, some say it could reach $0.000026—double its current level. Right now, the MACD line sits below the signal line after a recent death cross, hinting at a near-term downtrend. The RSI has dipped toward 52 and may cross below it soon, which could keep sellers in control. The 0.618 Fibonacci retracement level sits at $0.00001 and could act as a bounce point. If that level gives way, traders will look at $0.000008 as the next support. Tariff Ruling Adds Pressure Based on US Court of International Trade filings, the court reversed Trump’s tariff suspensions right around the same time that PEPE spiked. That move seems to have dampened the market’s risk-on mood. For many traders, broader trade news can be a bigger factor than any single tweet. If traders worry about tariffs and slower growth, they often sell off riskier assets like meme coins. That mix of social hype and market worry helped push PEPE down after its brief rally. Looking Ahead For Traders Based on this mix of social buzz and chart signals, it’ll take more than a hint in a post to keep PEPE climbing. If the coin can break above its current resistance by mid-June, $0.000026 seems to be the main target. But a falling MACD and RSI point toward more selling pressure first. Traders should watch the 0.618 level at $0.00001 for signs of a bounce. If that level breaks, they’ll likely aim for $0.000008 next. Related Reading: No Room For Doubt: Analyst’s $900K Bitcoin Forecast Follows Familiar Script Featured image from Inverse, chart from TradingView
The company said it will use proceeds to add bitcoin to its balance sheet, an increasingly popular move among publicly-traded firms.