Trump Crypto Investigation Is Out – What The Numbers Reveal Is Hard To Ignore
A Bloomberg investigation published May 12 has revealed that members of the Trump family made approximately $1.55 billion from sales of the crypto World Liberty Financial (WLFI), lifting their total fortune by roughly $660 million after accounting for previously undisclosed transactions — while early retail investors remain locked out of 80% of their holdings as […]
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A recent investigation alleges that since US President Donald Trump’s return to the White House, the Trump family’s crypto fortune has surged to over $1 billion from his multiple digital asset ventures. Related Reading: US House Lawmaker Introduces Bill To Allow Crypto Investments In 401(k) Plans Trump Family’s Crypto Ventures Reap over $1B On Thursday, […]
– he failed to demonstrate his understanding of the Internet and contemporary, borderless commerce. If it’s not remittances, immigrants in the US will figure out a way to send their money home if they want to do so. For now, it’s not going to be Bitcoin. But, if Trump does block remittances, you better believe that sooner than later increasing numbers of remitters will look into this blockchain technology. Knowing crypto-currency enthusiasts, they’ll likely troll Trump with Wallcoin. Or “Wall: The Blockchain Solution That Knows No Walls.” There’s already “Trumpcoin.” Trump wants to use a....
Donald Trump’s plan to put large tariffs on goods from Mexico, Canada, and China has stirred up a storm in the crypto market. A massive sell-off happened over the weekend, with the total crypto market cap dropping by half a trillion dollars. Although several news outlets suggest that over $2.27B have been liquidated, Bybit’s CEO says the liquidation could well be in the $8B-10B range. He believes the numbers being circulated don’t reveal the full picture because crypto exchanges typically limit liquidation data. Even worse, most of these liquidations come from long....
US-listed spot XRP ETFs just put together a streak that’s hard to ignore: 19 straight trading days of net inflows, with zero outflow sessions over the run, according to daily flow data compiled by Sosovalue. The numbers add up quickly. By Dec. 12, cumulative net inflows sat at $974.50 million, while total net assets across […]
Polymarket bookmakers report that the chances of Former President Donald Trump declaring a US Bitcoin strategic reserve have dropped. At first, speculations abound that Trump would reveal a daring strategy to include Bitcoin into the US strategic reserves during the Bitcoin 2024 conference this week. Related Reading: Could BlackRock’s Larry Fink Be Trump’s Next Treasury […]