Trump | Crypto

The SEC has selected Kevin Muhlendorf, former DOJ attorney and past SEC senior counsel, to serve as inspector general from July 28. Chair Paul Atkins says his oversight background will support transparent operations as the agency crafts clearer crypto rules under its new task force. The post DOJ Alum Kevin Muhlendorf Tapped To Police SEC As Inspector General Ahead of Trump’s Crypto Shift appeared first on Cryptonews.

Bitcoin climbs above $105K as bullish catalysts stack: Japan eyes ETF tax reform, Trump defends crypto banking, and USDB stablecoin launches. The post Bitcoin Price Soars 2.49% on Thrilling News from Japan, Trump, and USDB—$109K Breakout on the Horizon appeared first on Cryptonews.

Trump may issue an executive order to protect crypto firms from banking discrimination, ending what some call Operation Chokepoint 2.0, according to The Wall Street Journal. US President Donald Trump’s administration is reportedly considering an executive order aimed at preventing banks from cutting off services to politically unfavorable industries, including cryptocurrency firms, according to a Tuesday report from The Wall Street Journal, citing unnamed sources. The move would come in response to allegations that some banks have denied services to tech and crypto entrepreneurs as part of a coordinated debanking campaign critics have dubbed “Operation Chokepoint 2.0.” At least 30 technology and cryptocurrency founders were reportedly denied access to banking services during the administration of former President Joe Biden. Read more

The proposed bill from Senator Adam Schiff followed similar legislation in the House of Representatives from Maxine Waters in response to the president's memecoin dinner. California Senator Adam Schiff and nine other Democratic lawmakers have introduced legislation to prevent what they called “financial exploitation of digital assets” by the US president and other public officials. In a Monday announcement, Schiff and several Democratic senators said they had introduced the Curbing Officials’ Income and Nondisclosure, or COIN, Act, in response to US President Donald Trump’s connections to the cryptocurrency industry. The proposed legislation followed Trump’s disclosure of $57.4 million in income tied to World Liberty Financial (WLF), the crypto platform backed by members of his family. “President Donald Trump’s cryptocurrency dealings have raised significant ethical, legal and constitutional concerns over his use of the office of the presidency to enrich himself and his family,” said Schiff. “That’s why I am ...

Official Trump price prediction: the meme coin has recovered 3% to $8.75 after a whale moved $32.8 m to Binance, though it has plunged 32% over 30 days. Analysts have noted oversold readings but warn Iran-US friction could trigger fresh dips before a potential climb to $15 by August and $25 by year-end. The post Official Trump Price Prediction As Whale Moves $32.8 Million in $TRUMP to Binance appeared first on Cryptonews.

Texas is now legally empowered to build its own Bitcoin reserve funded with taxpayer dollars before the federal government takes any comparable action. Governor Greg Abbott on Saturday signed Senate Bill 21, a law that explicitly allows the state to buy and hold Bitcoin and other top-tier cryptocurrencies. The measure passed the Texas House and […] The post Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers appeared first on CryptoSlate.

Eric Semler says he enjoys being the “lone voice crying in the wilderness” with Bitcoin as most hedge fund executives think Bitcoin is a “fly-by-night concept.” Eric Semler, chairman of healthcare tech firm Semler Scientific Inc., says many of his hedge fund peers are skeptical about Bitcoin’s future once US President Donald Trump leaves office. “I think that they think it is a fly-by-night concept and that it is probably going to, after the Trump administration, go back down a lot,” Semler told Coin Stories host Natalie Brunell on Thursday. Semler, who also founded hedge fund TCS Capital Management in 2001, made his comments amid skepticism within the crypto industry about how long political support for crypto will last after US President Donald Trump’s administration ends. While Trump recently signed off on a Bitcoin (BTC) Strategic Reserve, some, like JAN3 founder Samson Mow, are concerned that support may potentially unravel under a future president. Read more

TikTok has publicly denied allegations that it bought $300 million worth of TRUMP memecoins to sway US President Donald Trump. The company addressed the claims on June 19 in a post on X, labeling the accusation “false and irresponsible” and aimed at misrepresenting its actions. The statement followed comments by US Congressman Brad Sherman, who […] The post TikTok clashes with US congressman over alleged $300M TRUMP token bribe appeared first on CryptoSlate.

President Donald Trump’s family has reduced its stake in World Liberty Financial (WLFI) in the last couple of weeks, Forbes reported on June 20. DT Marks DEFI LLC, the Trump family’s main holding company for the project, has trimmed its ownership from 75% in December 2024 to about 60% by January and further down to […] The post Trump family cuts stake in World Liberty Financial by 20% appeared first on CryptoSlate.

An umbrella company controlled by the president and his family has reportedly been reducing its stake in World Liberty Financial since December 2024. One of the companies connected to US President Donald Trump and his family’s position in World Liberty Financial (WLF) has reportedly reduced its stake in the cryptocurrency platform in the last 11 days. According to a Thursday Forbes report, DT Marks DeFi LLC, an umbrella company controlled by Trump and his family, has been slowly reducing its stake in WLF. The report noted that DT Marks DeFi LLC had a 75% stake in WLF as of December 2024, but World Liberty’s website said the company owned “approximately 60%” as of January — a stake that was further reduced to 40% sometime after June 8. While it's unclear whether the Trump family profited from the move, a Forbes analysis suggested that proceeds from such a sale could amount to millions of dollars.  Read more

US President Donald Trump wants House members to pass the key stablecoin bill “LIGHTNING FAST” so that he can sign it into law. US President Donald Trump has urged the House to pass the Guiding and Establishing National Innovation for US Stablecoins Act as soon as possible so he can officially sign it into law. ”The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets,” Trump said before calling on the House of Representatives to pass the bill “LIGHTNING FAST” in a Truth Social post on Thursday. ”Get it to my desk, ASAP — NO DELAYS, NO ADD ONS,” the US president said of the GENIUS Act. His post came after the US Senate passed the GENIUS Act in a 68-30 vote on Tuesday. A vote in the House is next, where Republicans also hold a slim majority over Democrats. Many proponents of the GENIUS Act believe it would play a crucial role in maintaining US dollar dominance in global finance. Read more

Trump offers light relief for Bitcoin price action while calling Fed Chair Jerome Powell a "stupid person" with interest-rate cut hopes absent. Key points: Bitcoin sees light relief as US President Trump reveals that Iran had been in touch. Trump calls Fed Chair Jerome Powell “stupid” as markets see no chance of an interest-rate cut at the June 18 FOMC meeting. Read more

Bitcoin has lost recent gains in a $2,000 slide as Middle East tensions escalated on Monday night. Bitcoin and cryptocurrency markets are dipping again as tensions in the Middle East further escalate, with US President Donald Trump leaving a summit of world leaders and posting an ominous message about Tehran. Trump has reportedly requested that the National Security Council be prepared in the White House Situation Room as he returned early from the G7 summit in Canada on Monday, Reuters reported.  The report comes just hours after Trump took to his social media platform, Truth Social, with a chilling message: “Everyone should immediately evacuate Tehran!” Read more

Trump Media & Technology Group has sought SEC approval for an ETF holding Bitcoin and Ethereum in a 75-25 split, with Crypto.com as custodian and Yorkville Digital as sponsor. The company has also unveiled a U.S.-made $499 “Trump Mobile” phone and service targeting a September rollout. The post Trump’s Truth Social Wants to Launch a Bitcoin & Ethereum ETF – Here’s What That Could Mean appeared first on Cryptonews.

Trump made $57M via WLFI, Bybit announced a hybrid DEX, and a French influencer was freed after showing low funds.

Coinbase has faced mounting backlash for sponsoring Donald Trump’s D.C. military parade celebrating the U.S. Army’s 250th anniversary and the former president’s 79th birthday. Critics have voiced concerns about the exchange’s neutrality, with some customers selling holdings and protests erupting nationwide.   The post Coinbase Sponsorship of Trump’s Army Parade Triggers Nationwide Backlash and Sell-Offs appeared first on Cryptonews.

Trump’s social media platform, Truth Social, proposed the issuance of a dual-spot Bitcoin and Ether ETF, backed by assets held by Crypto.com. US President Donald Trump’s social media platform, Truth Social, filed an S-1 form with the US Securities and Exchange Commission to launch a dual exchange-traded fund (ETF) for Bitcoin and Ether. Filed on Monday, the S-1 form proposes the issuance and trading of Truth Social Bitcoin and Ethereum ETF, sponsored by the asset management firm Yorkville America Digital. The trust seeks to provide investors with exposure to both Bitcoin (BTC) and Ether (ETH) by offering shares backed by the crypto assets, removing the complexities stemming from direct investment. Read more

Coinbase’s sponsorship of the military parade in Washington, D.C., on June 14 has sparked a debate about whether crypto has lost sight of its original ethos. The parade, which was held to commemorate the U.S. Army’s 250th birthday, took place amid the country-wide ‘No Kings’ protests. The protestors voiced their opposition to President Donald Trump’s […] The post Coinbase’s sponsorship of Trump’s military parade sparks debate over crypto’s anti-establishment roots appeared first on CryptoSlate.

US President Donald Trump disclosed over $600 million in earnings from a mix of cryptocurrency ventures, real estate assets, and branded merchandise. The post Trump’s Crypto Bet Pays Off: Over $600M Reported in 2024 Earnings appeared first on Cryptonews.

U.S. President Donald Trump, who ventured into crypto during his presidential campaign last year, earned over $58 million from crypto ventures in 2024. Trump’s mandatory 2025 financial disclosure report filed on Friday detailed his earnings from all businesses between Jan. 1 and Dec. 31, 2024. In the filing, Trump reported employment-related assets worth a minimum […] The post Trump earned over $58 million from crypto ventures in 2024 appeared first on CryptoSlate.