Tag: trump
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TRUMP Soars 22% on Trade Deal Optimism
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U.S. President Donald Trump’s official meme coin, Official Trump (TRUMP), has posted a striking intraday surge, outperforming the broader cryptocurrency market. As of October 28, TRUMP was trading at $7.51, up 22.26% from the previous day, according to CoinMarketCap. The sharp move marks the steepest rise among the top 100 digital assets by market capitalisation.…
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Trump Wipes CZ’s Record Clean in Crypto Pivot
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In a dramatic political and financial development, U.S. President Donald Trump has issued a presidential pardon to Changpeng “CZ” Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange. The move, first reported by The Wall Street Journal, marks one of Trump’s most controversial decisions since returning to office and signals a…
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Trump Strikes Down IRS Crypto Rule: A Win for DeFi Innovation
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In a landmark moment for the crypto industry, U.S. President Donald Trump has signed a resolution overturning an IRS regulation that targeted decentralized finance (DeFi) platforms. This marks the first successful pro-crypto legislation to clear Congress, signalling a potential shift in U.S. policy towards digital assets. IRS Rule Revoked: What It Means for DeFi The…
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Trump’s Crypto Ties: A Path to Growth or Corruption?
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As Donald Trump positions the United States as the “crypto capital of the planet,” questions arise about the implications of his administration’s deepening ties to the cryptocurrency industry. While his pro-crypto stance promises accelerated growth, critics warn of potential corruption, investor risks, and national security threats. Trump’s Crypto Ventures Spark Ethical Concerns Despite once dismissing…
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Trump-Family Memecoins Face Sell-Off as Investors Flee
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The cryptocurrency world has been set ablaze with the recent launch of the TRUMP and MELANIA memecoins. These tokens, inspired by President-elect Donald Trump and the First Lady, initially soared to a combined market cap of over $17 billion. However, the hype quickly gave way to a massive sell-off, exposing the volatile nature of memecoins.…
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Trump Taps Paul Atkins as SEC Chief, Pledges Crypto-Friendly Future
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President-elect Donald Trump has nominated Paul Atkins as the new chair of the Securities and Exchange Commission (SEC), signalling a shift toward pro-business policies and looser regulation, particularly in the fast-evolving cryptocurrency market. A former SEC commissioner under President George W. Bush, Atkins is known for his conservative stance on financial regulation and his support…
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Trump’s Crypto Vision Gains Momentum with Coinbase and Bakkt Talks
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Donald Trump, the president-elect of the United States, is swiftly delivering on his pro-crypto campaign promises. From forging ties with Coinbase to exploring acquisitions in the crypto sector, Trump’s vision of making America a “crypto capital” is taking off. Meeting with Coinbase CEO Trump is set to meet Coinbase CEO Brian Armstrong in the coming…