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While on the campaign trail, Donald Trump appeared like a dream for cryptocurrency investors, promising that if he is re-elected, the U.S. will become one of the world’s most friendly countries regarding digital assets. The promises were seemingly taken at face value, as the election victory generated a powerful rally with the discussion of when the government would start accumulating cryptocurrencies, per the strategic reserve promises, coming to great prominence. The reality of the new administration proved quite different, and instead of the Federal Government increasing its digital assets holdings, the value of what was already owned dropped significantly. Specifically, the U.S. was recorded as owning $21.15 billion worth of cryptocurrency on January 20, but the number dropped to $15.45 billion by press time on April 7, for a total loss of 26.67%, per the data Finbold retrieved from Arkham Intelligence on the day. The majority of America’s digital assets are Bi...

President Donald Trump has been courting the cryptocurrency industry and community through much of his campaign and has been engaged with digital assets both directly and indirectly in recent months. Perhaps his most overt action pertaining to cryptocurrencies came around the inauguration day – January 20 – when he personally, along with several members of the Trump family, launched a series of thematic meme coins. Though others – perhaps most notably the Official Melania meme (MELANIA) – rapidly gained market cap after the launch, the OFFICIAL TRUMP (TRUMP) was the biggest winner of the event. Picks for you Master the Markets: OnEquity’s Advanced Learning Hub for Intermediate Traders 1 second ago Here’s how analysts...

Following the launch of the Donald Trump and Melania Trump memecoins, some industry players think there may be a whole Trump family tree of memecoins to come. Peter Schiff, a prominent financial analyst and Bitcoin critic, said, “I assume that soon the rest of the Trump family will be launching their coins. At least it’s all above board, which is an improvement over how the #Biden family cashed in.” Other crypto proponents shared photos of Trump’s family tree while implying there are still opportunities for the family to launch more memecoins.   In case you missed $TRUMP and #Melania, here is the whole family tree of @realDonaldTrump, place your bets! pic.twitter.com/IfTu13ntcj — Crypto Rand (@crypto_rand) January 20, 2025 Read more: MELANIA rugs TRUMP, rearranges CoinMarketCap homepage Last Friday, a crypto ball was held ahead of Trump’s inauguration scheduled for today, and a Trump memecoin, TRUMP, was launched. It reached a high of $75 and has...

The cryptocurrency market was seen getting back on its feet. The OG meme cryptocurrency, Dogecoin (DOGE), did not sit on the sidelines. The asset recorded a notable surge over the past day. This further led the community to believe that the asset could carry its ongoing trend over the next few days as well. Also Read: What Is Anti De-Dollarization: Support For US Dollar Grows In 2025 Dogecoin Rises To The Top Source: NewsBTC Throughout the last 24 hours, the price of DOGE has surged by nearly 5%. The meme coin went from trading at $0.3429 all the way to a high of $0.3645. At the time of writing, Dogecoin was enduring a slight setback and was trading at $0.3608. Source: CoinMarketCap Several linked this rally to Donald Trump. The President-elect will be sworn in on January 20. The pro-crypto President Trump is expected to bring about several changes in the Bitcoin-led ecosystem. As the world inches closer to the date of the inauguration, the market seems to be getting increasingly bulli...

Despite once denouncing digital assets, the former and future president Donald Trump is becoming increasingly associated with cryptocurrencies. Part of the reason for this perceived connection stems from the Republican President-Elect’s substantial crypto portfolio, whose value, at press time on January 10, stands at $11.42 million. The holdings themselves are interesting as there is but a handful of well-known coins and tokens among their numbers. For example, despite the bullish rhetoric about Bitcoin (BTC), Trump doesn’t hold any BTC. Picks for you Gate.io launches a startup airdrop program featuring a Camino Network initial free offering 15 mins ago Altcoin bull market is not over, says analyst 28 mins ago ...

The cryptocurrency market continues its downward momentum. Major assets are in the red zone, with Bitcoin (BTC) falling below the $94,000 mark. Ripple’s XRP token follows the current market trend, facing a considerable correction over the last few weeks. Also Read: Dogecoin: 3 Reasons Why DOGE Could Hit $1 In 2025 Current Price Movements Source: Watcher Guru Ripple’s XRP token breached the $2 mark earlier this year for the first time in nearly seven years. XRP continues to trade above the $2 mark but has faced quite a correction. The asset’s price is down 4.9% in the daily charts, 5.8% in the weekly charts, and 13.3% in the 14-day charts. Despite the dip, XRP has maintained some gains in the other time frames. The fourth-largest crypto by market cap has rallied 9.9% over the previous month and 235.5% since December 2023. Also Read: Shiba Inu: SHIB To Reach $0.01 in 2025? See What the Poll Says Source: CoinGecko XRP To Breach $4 According to the analysts at CoinCodex, R...

US President-elect Donald Trump has confirmed that Tesla founder and billionaire Elon Musk will lead a new Department of Government Efficiency (DOGE) alongside Strive Enterprises co-founder Vivek Ramaswamy. “Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” Trump wrote in an announcement shared in a Nov. 3 post  on X DOGE To Drive Large-Scale Structural Reform Trump said that the new department will push for large-scale structural reform from outside of the US government. It will also take an “entrepreneurial approach” when it engages with both the White House and Office of Management and Budget, the announcement said. When Elon & Vivek of DOGE arrive in DC pic.twitter.com/nEk2un8d82 — K10.13✨ (@Kristennetten) November 13, 2024 Trump added that both Musk and Ramaswamy will tackle...

The cryptocurrency community’s attention is on President-elect Donald Trump and whether he will keep his promises to make the United States a hub for digital asset innovations.  Some of Trump’s promises include firing Securities and Exchange Commission (SEC) Chairman Gary Gensler, stopping the U.S. government from selling Bitcoin (BTC), establishing a strategic Bitcoin reserve, and supporting a comprehensive cryptocurrency policy. Donald Trump’s promises to the crypto sector. Source: Wu Blockchain To this end, Axios crypto reporter Brady Dale has suggested that Trump’s first significant move may involve appointing a new SEC chair to replace Gensler with a more crypto-friendly individual, he said during an interview with Yahoo Finance. Picks for you Analyst sets Dogecoin roadmap to $4 amid Elon Musk’s suppor...

The prediction market Polymarket has gained popularity amid developments and speculations related to the United States presidential election. However, recent research suggests there could have been an attempt to manipulate the outcome of a derivative bet. On Friday, September 6, Dumpster DAO posted a thread on X looking into what the account called a manipulation attempt. The activity involved the dispute between Donald Trump and Kamala Harris a few days after Trump regained popularity, as Finbold reported. In summary, the investigator believes a group – or a single individual – tried to briefly manipulate the “Presidential Election Winner” bet to win the derivative market, speculating which candidate would be leading it on Friday’s closing. Picks for you Bitcoin reaches ‘downside target’ and BTC ‘full bull gear’ can sta...

In 2019, former U.S. President Donald Trump said he is not a fan of Bitcoin (BTC) and other cryptocurrencies. He stated that crypto is “not real money,” and “whose value is highly volatile and based on thin air.” However, since 2019, Bitcoin (BTC) has had a meteoric rise in the market. The asset reached an all-time high of $69,000 in late 2021, and fall back to lows of around $16,800 in late 2022. However, BTC has slowly claimed back above $30,000 in 2023. Also Read: Bitcoin Hits ‘All-Time High’ in Argentina, Turkey: Egypt Next? In 2023, BTC has made gains of 85.47%, more than most other financial assets. As Twitter user “RIZZO” pointed out, the U.S. dollar, on the other hand, has fallen 60% since Donald Trump ’s comment about Bitcoin (BTC). ✨ Donald Trump dismissing #Bitcoin at $12,000, 4 years ago. The dollar is down 60% ever since 💀 pic.twitter.com/IvwZ9huhEd — RIZZO (@pete_rizzo_) July 12, ...