Trump, cryptocurrency and Republicans
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Holders of the digital tokens issued by World Liberty Financial, one of the crypto ventures of the family of Donald Trump, voted on Wednesday to make them tradeable, paving the way for their wide sale and purchase -- potentially boosting the value of the president's holdings of them.
Trump’s support for the GENIUS Act and other “Crypto Week” bills sparks BTC and crypto‑stock rally. Could this spur Bitcoin's potential move to $150K?
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Bitcoin has reached another all-time high, surpassing $118,000 for the first time on Friday. The record arrives as a flood of money continues to move into spot bitcoin ETFs, all while U.S.
TRON’s Justin Sun pledges $100M in TRUMP token, deepening ties with Trump-linked crypto projects and pushing memecoin integration on TRON.
The cryptocurrency market is relatively calm on Wednesday as Bitcoin (BTC) attempts to extend its recovery above $119,000, following a sell-off to $115,736 the previous day. Altcoins, including Ethereum (ETH) and Ripple (XRP), offer bullish cues, reflecting steady interest from both institutional and retail traders.
Of all the riddles wrapped in the digital wallets sending funds to President Donald Trump’s World Liberty Financial crypto business, a little-known entity last month became the biggest.
Dogecoin is a cryptocurrency with very little utility in the real world. Elon Musk has been a big supporter of Dogecoin, and his influence has triggered some of the meme token's biggest rallies. Dogecoin is trading 74% below its all-time high,
Once seen only as a “safe haven” asset isolated from the fluctuation of markets, institutional investors are now flocking to the cryptocurrency.
Watchdogs and critics are raising alarms about conflicts of interest. Trump’s public enthusiasm for digital currencies is a business strategy. His administration’s aggressive deregulation benefits WLF and others like it, insulating them from scrutiny while they expand their financial reach.
Rep. Maxine Waters has warned two pending crypto bills could gut consumer protections and hand more power to politically connected players.