Tag: Trump

Tron founder Justin Sun is doubling down on his support for Donald Trump-themed crypto tokens, announcing plans to purchase an additional $100 million worth of the Official Trump (TRUMP) memecoin through his affiliated ventures. The announcement came on Wednesday, July 9, as the TRUMP token continued to trade near yearly ...

The US Securities and Exchange Commission (SEC) has officially acknowledged Trump Media’s application to launch an exchange-traded fund (ETF) offering exposure to both Bitcoin and Ether, initiating the agency’s review process for approval or rejection. According to the filing, the proposed ETF would allocate 75% of its assets to Bitcoin ...

The US Senate is locked in an all-night marathon as lawmakers debate President Donald Trump’s sweeping tax and spending package, with discussions stretching beyond 17 hours and expected to continue into early Tuesday morning in Washington, D.C. Dubbed the “One Big Beautiful Bill Act,” the legislation has sparked a frenzy ...

World Liberty Financial (WLF), the Trump-linked company behind the fast-rising USD1 stablecoin, is preparing to release its first audit report and launch a mobile application targeting retail crypto users. The updates were revealed by WLF co-founder Zak Folkman during an interview at the Permissionless conference in Brooklyn, according to Reuters. ...

Trump Media and Technology Group (TMTG), the parent company of Truth Social, has announced a $400 million stock buyback program, stating that the move will not interfere with its ambitious plan to build a Bitcoin treasury. The company disclosed in a June 23 filing that its board of directors had ...

TikTok has publicly rejected allegations that its Chinese owners are investing in a memecoin associated with U.S. President Donald Trump, pushing back against claims made by California Representative Brad Sherman. The official TikTok Policy account responded Thursday via X, calling Sherman’s statements “patently false and irresponsible.” The company emphasized that ...

Cryptocurrency users are flocking to prediction markets following a major breakthrough in U.S. stablecoin regulation, as momentum builds behind a new legislative push and vocal support from President Donald Trump. On June 19, the decentralized prediction platform Polymarket reflected soaring optimism for the passage of the Guiding and Establishing National ...

Global cryptocurrency markets are reeling once again, with Bitcoin and altcoins dipping sharply on June 16, as geopolitical tensions in the Middle East intensify. The downturn followed a wave of unsettling developments, including a stark warning from U.S. President Donald Trump and growing fears of a full-blown conflict between Israel ...

The U.S. Securities and Exchange Commission (SEC) has formally withdrawn several proposed rules introduced during the Biden administration, including two major regulations targeting cryptocurrency custody and decentralized finance (DeFi) platforms. In a statement released on June 12, the agency announced it is rescinding 14 proposed rules issued between March 2022 ...

A House Financial Services Committee (HFSC) hearing on June 4 exposed deep partisan divisions over how to regulate the digital asset space, with concerns surrounding President Donald Trump’s crypto ties adding fuel to the debate. The spotlight was on the proposed Digital Asset Market Structure and Clarity (CLARITY) Act, which ...