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Showing posts with the label donald trump

With fresh pardon, CZ owns Donald Trump

Changpeng Zhao (aka CZ), who was convicted for not abiding by anti-money laundering laws and violating the Bank Secrecy Act, has been granted a new legal clean slate, with President Donald Trump providing the founder and former Binance CEO a pardon. CZ was forced to resign from his executive position at the world’s biggest crypto exchange in 2023. Binance was also forced to pay the largest fine to the US government in history. The reason for the pardon wasn’t spelled out for the public. However, according to the Wall Street Journal, White House press secretary Karoline Leavitt said that Trump had “exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency.” Changpeng Zhao says WSJ was paid to smear him Read more: Binance wants a Trump partnership and a pardon for CZ, report There are no laws here, only unenforceable rules What CZ’s pardon makes clear — as if it w...

Donald Trump is suing the New York Times for harming his memecoin

Donald Trump has accused the New York Times (NYT) of damaging his $TRUMP memecoin in a $15 billion defamation lawsuit filed against the publication. The lawsuit, filed in a Florida court, alleges that the outlet damaged $TRUMP’s reputation, as well as that of his social media platform Truth Social and the wider Trump Organization, with multiple harmful statements. Trump is following up on legal threats he made after the NYT revealed a series of birthday letters sent to the pedophile Jeffrey Epstein. These included a poem and a drawing of a nude woman allegedly signed by then president. He denies writing the letter.    In the lawsuit, Trump also claims that the NYT was a ringleader for alleged election interference orchestrated by the legacy media in 2024, describing it as a “ full-throated mouthpiece ” for the Democrat party.  ANALYSIS: Eric and Donald Trump Jr. are cashing in on crypto Read more: BitMEX invested heavily in US lobbying before ...

South Park Mocks Donald Trump’s Crypto Ties In ‘Sickofancy’ Episode

South Park’s latest episode mocks President Donald Trump’s crypto empire, showing tech leaders lining up in the Oval Office to curry favor with Bitcoin gifts. Among those parodied in the episode, titled “Sickofancy,” is White House crypto adviser David Sacks, portrayed offering Trump oodles of Bitcoin alongside lookalikes of corporate titans including Microsoft CEO Sundar Pichai. The episode also Features tech CEOs including Apple’s Tim Cook and Meta’s Mark Zuckerberg lining up to praise Trump. LOL https://t.co/h8Jx4cU9k3 — David Sacks (@DavidSacks) August 21, 2025 How Deep Is The Trump Family Into Crypto? In real life, the Trump family has launched multiple crypto projects, raising questions about whether Trump’s policies are serving the public or his own business. The family’s biggest project is World Liberty Financial (WLFI), launched in 2024, which created the USD1 stablecoin, backed by cash and US Treasuries. There...

Who Is Meeting Donald Trump At TRUMP Coin's Dinner Event?

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The cryptocurrency ecosystem has evolved over the years. From anonymous creators to prominent figures rolling out their own cryptocurrency assets, the industry has come a long way. While Bitcoin (BTC) investors continue to decipher the true identity of Satoshi Nakamoto, TRUMP coin’s top holders are set to have dinner with President Donald Trump. As the official dinner is set to take place within the next few days, this article sheds light on the guest list. Also Read: Global Financial Authority IIF Endorses XRP as Swift Alternative for Payments Tron’s Justin Sun To Meet Donald Trump Source: VOI According to the TRUMP coin network, top holders of the asset will garner a chance to meet Donald Trump. This dinner event is set to take place on May 22. The event plan states that the top 25 investors will also have access to a special VIP reception and an exclusive tour. Meanwhile, the top 220 investors will be invited to the gala dinner. However, the rankings were calculated based...

$5,000,000,000,000 Asset Manager Fidelity To Launch a USD-Pegged Stablecoin: Report

The asset management titan Fidelity Investments reportedly plans to roll out its own dollar-backed stablecoin. Citing two people familiar with the matter, the Financial Times reports that the Boston-based firm with $5 trillion in assets under management (AUM) is now in the advanced stages of testing the crypto asset. Fidelity’s digital assets arm will manage the stablecoin, which is designed to function as cash in cryptocurrency markets. The report says the company is launching the stablecoin as part of its expansion into the nascent market for tokenized versions of US Treasury bonds. Last week, the asset manager also submitted a filing to the U.S. Securities and Exchange Commission (SEC) to register a blockchain-based version of the Fidelity Treasury Digital Fund. The development comes amid Donald Trump’s support for dollar-backed stablecoins. The president has pledged to promote stablecoin growth to strengthen the dominance of the US dollar and urged Congress ...

Dogecoin Prediction: AI Sets DOGE Price For March 10, 2025

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March is bringing in big money for the entire cryptocurrency market. Several assets were seen back in action trying to pocket lost gains over the past couple of days. While Donald Trump’s crypto-centric announcements have been making big rounds, the community is waiting for more to come. The Dogecoin (DOGE) market in particular has big hopes. Will the meme coin stay afloat until then? Also Read: The U.S. Dollar is Losing Luster: Reuters Poll Dogecoin Surges By 6% Source: Watcher Guru Leaving behind a rather negative month of February, the OG meme cryptocurrency was seen starting fresh. Despite a rocky start to March, the asset was seen starting its recovery journey. Over the past 24 hours alone, DOGE has jumped by nearly 5%. At the time of writing, the asset was trading at $0.2104. Earlier today, DOGE was priced at a low of $0.1985. Source: CoinMarketCap Despite its recent uptick, the asset has a long journey towards its all-time high. Currently, the meme coin is trading 71% below...

5 Meme Coins That Investors Are Betting on for Massive Profits in 2025

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During a downturn in the meme coin market, many investors are actively seeking potential opportunities in ongoing presales. With countless meme coins available, selecting the best options for the upcoming bull market rally can be a daunting task. While there are numerous cryptocurrencies to choose from, it’s crucial to focus on those with strong growth potential. Based on current market trends, investor interest, and technological advancements, the following five meme coins are well-positioned to make a significant impact during the next bull run. OFFICIAL TRUMP (TRUMP) One of the most polarizing yet influential figures in the world, Donald Trump, has his own meme coin, which has demonstrated explosive growth potential. Previously soaring to a staggering $15 billion valuation in a single day, $TRUMP remains one of the most actively traded cryptocurrencies, consistently recording high trading volumes. The token currently sits at a key support level of $26, a price point that h...

BRICS: US Tariffs May Do More Harm Than Good, Data Shows

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With the economic alliance becoming a clear challenger to the recently appointed president of the United States, the BRICS bloc has seen itself on the receiving end of US Tariff threats. However, that street goes both ways. Moreover, data shows that, in the end, it could do more harm than good to the Western nation. Since his election victory, US President Donald Trump has not minced words in relation to BRICS. As the group has continually embraced de-dollarization efforts, he has fought back. Yet, using tariffs to ensure the stability and prominence of the US dollar could be a decision that has immense consequences. Source: Reuters / Kevin Lamarque / Pool Also Read: BRICS: Analyst Calls US Dollar ‘Grossly Overvalued’ & Here’s Why Trump Tariff Threat to BRICS Nations Have Massive Implications for US, Data Says During his campaign for reelection, Donald Trump had placed an immense focus on the US dollar’s status. Specifically, he reiterated the importance of ensuring that the green...

US Dollar: Here’s How De-Dollarization May Prevail In 2025

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2025 is just a day away, with a new dawn already promising a variety of new developments. 2025 is pivotal to the US government in many ways, as it marks the initiation of Trump’s official leadership as the 47th US president. The president-elect is currently banking on bolstering the US dollar by imposing tariffs, an idea which, according to many, could further erode the dollar’s value in the long haul. Will de-dollarization prevail in 2025, or will it die down eventually? Let’s find out. Also Read: Ripple: Here Are The 4 Price Targets That XRP Could Hit In 2025 Tariffs and Trump: A Lethal Combination? Source: Watcher Guru Trump has vowed to impose tariffs on countries that have been moving away from the US dollar. The fact that the rising de-dollarization drives have lately been wreaking havoc on the dollar has compelled Trump to ensure a plan is safely in place to protect the USD. However, several analysts believe Trump’s tariff plan may ultimately backfire, furthering the ...

US Inflation Rises to 2.7% in November 2024

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In a continued reversal from months of easing, US inflation has risen to 2.7% in November 2024. Indeed, the US Consumer Price Index (CPI) shows that inflation is up for the second straight month. Specifically, it increased from 2.6% in October, which came after seven months of falling inflation for the country. The data will be crucial for the Federal Reserve as they once again decide whether or not to cut interest rates. The central bank is set to meet next week, where they will make the crucial decision. With inflation increasing, all eyes are on if officials will still follow through with an expected cut. BREAKING: US inflation rises to 2.7%. — Watcher.Guru (@WatcherGuru) December 11, 2024 Also Read: Trump to Speed up Permits for Anyone Investing $1B in the US US Inflation Rises Yet Again as Federal Reserve Nears Interest Rate Decision For the last two years, the United States has been embraced in a vicious fight against inflation. In June of 2022, the figure reached a peak of 9.1%...

CHART: Bitcoin makes up 52% of $3.9T global crypto market cap

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Bitcoin’s (BTC) price hit an all-time high of $103,000 today, placing it squarely at the head of a global crypto market worth a colossal $3.88 trillion. At $2.04 trillion, the currency makes up 52.44% of crypto’s global market cap, according to Coingecko.   BTC rivals ether, XRP, and tether trail the world’s dominant crypto by some distance, representing 11.9%, 3.9%, and 3.6% of the global crypto market respectively.   At $2.04 trillion, bitcoin makes up 52.44% of crypto’s global market cap. Read more: Bitcoin has hit $100,000 and is the world’s 7th largest asset Trump claims credit for $100K bitcoin high BTC crossed the $100,000 threshold in the early hours of Thursday morning and triggered a range of celebratory posts from execs, pundits, and crypto enthusiasts.  What was a little more unexpected, however, was President Donald Trump not only celebrating the milestone but also claiming credit for it. On his social media platform Trut...

Bitcoin Surged $31,000 After Trump Won the U.S. Election

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On the day Trump won the U.S. election on November 5, 2024, Bitcoin was trading at the $68,290 level after receding from a high of $72,780 on October 30. Trump won by a landslide trouncing his Democratic rival Kamala Harris in the polls with 312 electoral college votes compared to his counterpart who secured only 226. He also secured 2.5 million votes and won the popular vote, including Republicans winning the Senate and the House. Also Read: US Dollar vs Chinese Yuan: Trump To Start a Currency War? After Trump won the U.S. election, both the stock and the cryptocurrency market kick-started a massive rally. Bitcoin surged in the charts and pulled the leading altcoins to hit new yearly highs along with it. The broader markets remain optimistic with Trump at the helm as investors believe he could do well with the economy. Many others believe the President-elect could end the ongoing wars and conflicts in the Middle East and Russia-Ukraine. Bitcoin Jumped After Trump Clinched the U.S. Pre...

Here’s Why Trump Might Fail To Stop De: Dollarization

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The president-elect of the United States, Donald Trump, has vowed to end de-dollarization. Trump has shared his grand plans on how he may impose tariffs on nations, making it harder for them to ditch the US dollar. At the same time, Trump may also streamline policies that may fuel the surge of greenback, which, in turn, is also lethal for the US in one way. Also Read: Can Dogecoin (DOGE) Hit $1 Under Trump Musk Leadership? Trump USD Policies Could Further Push The Nations Away Source: NBC News The US dollar has gained immense momentum after the US elections crowned Donald Trump as the new president of the US. Trump’s crowning as the 47th president of the US is crucial in many ways. For instance, Trump is ready to explore innovative methods to boost the greenback, which includes the establishment of the DOGE department headed by Musk. The aforementioned department will be responsible for meticulous financial planning and budgeting, which may help the US come out of its depressive econom...

Donald Trump Election Win Drives $64B Surge in Net Worth of Worlds Wealthiest

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The stock market and Bitcoin weren’t the only beneficiaries of Donald Trump’s 2024 election win, the victory drove a $64 billion surge in the net worth of the world’s wealthiest. Indeed, the 10 richest people in the world saw their collective value increase by the figure after Trump’s return to the Oval Office. The returning president beat out currency Vice President Kamala Harris in a dominant showing for the Republican party. Moreover, he is now the 15th president in history to serve a second term, as the oldest individual to be elected as commander-in-chief is already paying dividends for the economic elite. https://twitter.com/WatcherGuru/status/1854530331132452964 Also Read: JPMorgan: Bitcoin & Gold Will Benefit From Trump’s Second Term World’s 10 Richest People See Net Worth Surge $64B After Trump Win The 2024 presidential election was always one of the most important for the United States. Amid a fragile but recovering economy, it required a clear di...