US consumer advocacy group Public Citizen reported that crypto ventures linked to Donald Trump and his family have left investors with at least $4.7 billion underwater since 2022. Most of the losses remain unrealized. Trump’s Crypto Empire Public Citizen estimated that investors in Trump Digital Trading Cards, launched in December 2022, have suffered at least […]
A newly launched meme coin on Solana briefly attracted millions in trading activity after it appeared on a Trump-linked X account. Trump Digital Gold (GOLD) was published and promoted on the X account @realtrumpcoins1, which is associated with an official Trump collectible business. The promotion immediately attracted attention, but on-chain sleuths raised some enormous red […]
President Donald Trump met with executives from Coinbase, Ripple, Gemini, and other major crypto companies at the White House on Wednesday as the administration sought to take a stronger position in the digital asset industry. The discussion focused heavily on the Digital Asset Market Clarity Act, Bitcoin, and the push to bring more crypto activity […]
US President Donald Trump was sued on August 12 in federal court in Manhattan over Truth API, the Truth Social feed that delivers his posts to paying subscribers for as much as $100,000 a month. Citizens for Responsibility and Ethics in Washington filed the complaint alongside Yale Law School’s Media Freedom and Information Access Clinic, […]
Over a year after announcing the initial plans to complete several deals with the popular crypto exchange Crypto.com, Trump Media, the entity behind Truth Social, has backed off as it has now focused on other internal developments and an upcoming merger. The native token of the platform reacted with an immediate nosedive that pushed it […]
US Senators Elizabeth Warren and Richard Blumenthal have sent a letter to SEC Chair Paul Atkins asking the agency to investigate President Donald Trump’s meme coin, arguing it may have facilitated fraud or unlawful enrichment at the expense of retail investors. The lawmakers cited reports showing that nearly a million investors collectively lost over $3.8 […]
Bitcoin’s price is on the move today, prompted by the latest developments on the US-Iran war front, but this time in the opposite direction. After it slipped to another multi-week low yesterday evening, the cryptocurrency has rebounded by approximately $1,500 and now sits at around $63,500. The reason for this is the major de-escalation announced […]
Following a few weeks of escalations, new threats, and strikes, United States President Donald Trump has reportedly ordered its military to stand down instead of carrying out the planned attacks for tonight. The crypto focus is back on bitcoin, which has typically shown a positive reaction to similar developments. However, the actual impact might be […]
Although July has only just begun, the past seven days brought some much-needed and long-awaited relief to the cryptocurrency market, even if the overall sentiment remains nothing but fragile. Last week at this time, Bitcoin was still struggling around the $60,000 mark after the painful correction that was charted in June. The cryptocurrency spent the […]
A newly released federal financial disclosure has revealed that US President Donald Trump holds more than $50 million worth of Bitcoin in a cold wallet. According to a 927-page document released by the US Office of Government Ethics, the Bitcoin is held under CIC Digital LLC as a “Cryptocurrency Wallet Virtual Bitcoin Key (held in […]