Crypto King? Trump Rakes In $1 Billion In 9 Months–Report
US President Donald Trump has seen a massive boost to his fortune thanks to crypto. His net worth is now pegged at about $5.6 billion. In just nine months, he has pulled in roughly $1.2 billion from tokens and memecoins. Based on reports, that haul translates to about $935 million after taxes. Related Reading: Metaplanet’s […]
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– 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....
Cardano co-founder Charles Hoskinson has gone public with a surprising revelation that 78.5% of incoming US President Donald Trump’s net worth of $29.6 billion is in digital assets, which include the red-hot TRUMP memecoin. Such a disclosure brings up conversations regarding the future regulations and policies based on the possible influence of Trump’s crypto wealth. […]
A small US logistics firm hit headlines after announcing plans to hold the TRUMP memecoin as part of its treasury. Freight Technologies Inc.’s share price surged over 100% on Friday after reports of the announcement. Related Reading: Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move According to a Bloomberg report, the lesser-known company […]
What would the impact be of a Trump or Clinton presidency on digital currencies? Politics, banking, and money are all related. Major changes in a country’s governance will have huge implications for monetary policy. Trump. Trump is the King of Debt. He is no stranger to bankruptcy and financial leverage. His presidency would put America First, jeopardizing trade deals. He is attempting to pitch himself as a 21st century Franklin Delano Roosevelt. Roosevelt is famous for the New Deal, which involved massive infrastructure spending. While FDR is credited by many for lifting America out of....
The once-flying Trump meme coin has crashed, costing investors billions of dollars. The so-called “Official Trump” coin, which once shot up to $75 per token, is currently only worth $16.00. According to grapevines, US President Donald Trump and his friends got away with a fortune, while regular traders suffered a severe blow. Related Reading: Trump […]