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Showing posts with the label donald trump

Trump Wields Power After 140 Orders in 100 Days

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The first 100 days of Trump’s presidency have truly demonstrated an unprecedented exercise of executive power, with the president signing over 140 orders that have, right now, triggered quite a bit of market volatility and also created significant regulatory uncertainty. At a Michigan rally on Tuesday, Trump touted these achievements while, at the time of writing, polls are showing that Americans are growing increasingly concerned about his approach to trade tariffs and immigration policies. Also Read: Dogecoin: How to Become a Millionaire When DOGE Hits $3 How Trump’s First 100 Days Affected Market Volatility and Global Trade Source: Reuters Executive Power and Market Reactions During President Trump’s initial 100 days in office, presidential authority has been pushed to new limits, and many experts are concerned about this trend. The administration’s rather aggressive trade tariffs have created significant market volatility as businesses are struggling with an ...

Trump’s World Liberty Financial suffers massive  $125 million loss

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World Liberty Financial (WLFI), a decentralized finance (DeFi) platform backed by President Donald Trump and his family, has just liquidated some of its cryptocurrency holdings at a loss.  Following the latest transaction, the entity is grappling with a $125 million loss on its Ethereum (ETH), according to the latest data retrieved by Finbold from blockchain analytics firm Arkham Intel. The data indicates that a wallet potentially linked to World Liberty Financial sold 5,471 ETH, valued at approximately $8.01 million, on April 9 for $1,465 per token. This sale marks a massive loss compared to the project’s earlier investment when it reportedly spent $210 million to acquire 67,498 ETH at an average price of $3,259 per token. WLFI wallet transactions. Source: Arkham With Ethereum’s current market price hovering well below that acquisition cost, World Liberty’s unrealized losses now stand at an estimated $125 million.  The wallet fir...

If you invested $1,000 in Bitcoin when Trump took office, you’d now have this much

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Thus far, Donald Trump’s presidency has been a mixed bag for the cryptocurrency market. Investors initially took Trump’s pro-crypto stances as a bullish signal. However, there has been a lack of clarity on proposed regulatory changes. The controversial launches of the President and the First Lady’s memecoins shook investor confidence.  On March 2, Bitcoin (BTC) surged to $94,000 following the commander-in-chief’s announcement that a strategic cryptocurrency reserve would be created. Picks for you 4 billion XRP tokens released by Ripple in a year 36 mins ago COTI’s Africa Tokenization Council to promote AI and blockchain in Africa and Middle East 2 hours ago ...

De-Dollarization Cancelled: 2 Ways Trump's Tariffs May Bolster US Dollar

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Donald Trump is back in the White House and is steadily focused on one agenda only, which is to make America great again. His MAGA efforts are also directed towards bolstering the US economy and, in turn, robusting the US dollar by making it one of the strongest currencies ever to exist. His aggressive tariff policies are directed towards extinguishing threats against the American regime and curbing the rising de-dollarization narratives that have lately been gaining steam. Here are two ways in which Trump’s aggressive tariff gamble may turn out to be the most promising strategy for boosting the US dollar. Also Read: Can Dogecoin Surge to $2 if a DOGE ETF Gets The Green Light? Donald Trump and His US Dollar Strengthening Formula: Tariffs Source: MarketWatch Trump is currently on a solid mission to deploy tariffs on nations. These tariffs have been levied primarily to help the US economy gain momentum and traction on a global pedestal. This development also aims to strengthen US ma...

Ripple: XRP’s Price Post Trump’s Crypto Czar David Sacks' PressCon Today

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Ripple (XRP) is once again gaining momentum. While the cryptocurrency market portrays an overall bearish stance as rising trade war narratives gain steam, Bitcoin took the most heat out of the lot, losing its $100K crown to sit at $99K at press time. However, in the middle of this, Donald Trump’s crypto czar David Sacks is all set to conduct a new digital asset meeting today, outlining ways through which America can ace the global digital asset domain. Will this conference turn the tables around for the crypto domain, with a special focus on XRP? Let’s find out. Also Read: Cryptocurrency: 3 Coins To Stock For Major Q1 Gains America to Lead Global Digital Asset Domain? Source: NBC Donald Trump, the current president of the United States, has shown a steadfast approach when it comes to the cryptocurrency regime. The president has shown great admiration and care towards the sector and has contributed heavily to help the sector gain mainstream momentum. In this wake, Trump’s crypto cz...

OFFICIAL TRUMP erases $2 billion from its market cap in a week

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The Official Trump (TRUMP) memecoin has taken a spectacular fall, shedding $2 billion from the token’s market cap over the past week.  Once hailed as the financial embodiment of the MAGA movement, TRUMP has tumbled from $7.07 billion to $5.07 billion. Despite Donald Trump’s return to office fueling early speculation, the token has struggled to maintain its meteoric rise. OFFICIAL TRUMP 1-week market cap. Source: Finbold Currently changing hands at $25.39, the token is down 27.58% this week and 8.23% in the past 24 hours, wiping out $500 million in a single day. So, what’s going on? Did the meme machine finally run out of steam, or is this just a classic case of “shake out the weak before mooning”? Picks for you 2 cryptocurrencies to reach a $1 billion market cap in Q1 2025 15 hours ago ...

NFT Market To Grow By $84B From 2025 To 2029 – InsideBitcoins

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The non-fungible token market, once pronounced dead, has roared back to life. The NFT market retested some hype in November 2024, shortly after the crypto-friendly Donald Trump’s re-election as the 47th President of the United States of America. At the time, the NFT market showed potential signs of revival, with some notable blue-chip NFT collections even rising over 100% in their floor price value and trading sales volume. Industry experts have predicted that the NFT market will continue to grow and hit $84 billion by 2029. NFT Market To Hit $84B Between 2025 And 2029 On January 20, 2025, Technavio, a globally acknowledged market research platform that provides reports on emerging technologies and industry trends, shared its prediction for the global non-fungible token market between now and 2029. After careful consideration of various factors, the market research company estimated that the non-fungible token market size will continue growing and reach $84 billion between 2025 ...

Donald Trump to Announce $20B Data Center Investment in the US

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With less than two weeks until the new United States president is inaugurated, things are starting to shape up for the incoming administration. According to CNBC correspondent Eamon Javers, President-elect Donald Trump is planning a $20 billion investment to build new data centers across the US. Javers reported that Trump is expected to announce the incoming plan “in his Mar a Lago remarks next hour.” Moreover, he reports that the move will bring new foreign capital into the country, as billionaire Hussain Sajwani of DAMAC Properties has been revealed as the investor. JUST IN: President-elect Trump to announce $20 billion investment to build new data centers in the United States. pic.twitter.com/djkFCIigVz — Watcher.Guru (@WatcherGuru) January 7, 2025 Also Read: What Happens If Trump Creates a Strategic Bitcoin Reserve? Hyperbitcoinization Explained Trump to Announce $20 Billion Investment to Build Data Centers Across the US In November of last year, the United States voted...

Bitcoin Hits New ATH As Analyst Predicts Trump BTC Reserve On Day 1 And Michael Saylor Hints At $100K BTC Buy

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Bitcoin hit a new all-time high (ATH) amid speculation that Donald Trump could order a BTC reserve on his first day in office, while MicroStrategy co-founder Michael Saylor hinted at making Bitcoin purchases above $100K for the first time. The crypto market leader’s price surged to a new peak of $106,488.25 in the past 24 hours before paring gains to trade at $105,260.35 as of 1:34 a.m. EST. Trump Might Order A 200K BTC Buy Order In January 2025 The jump in BTC’s price follows a podcast interview between Strike CEO Jack Mallers and YouTuber Tim Pool. During the interview, the Strike CEO said the incoming US President might act on provisions called the “Dollar Stabilization Act,” which grants him considerable authority to protect the US Dollar. Mallers predicted that Trump will issue an executive order to purchase Bitcoin to build the strategic reserve to combat ballooning debt in the US. Mallers then noted that the purchase “wouldn’t be the siz...

Donald Trump's Trump Media To Acquire Crypto Trading Site

Donald Trump’s social media group Trump Media is in talks to acquire crypto trading venue Bakkt (BKKT), a crypto platform owned by Intercontinental Exchange. According to sources familiar with the matter, the US president-elect’s Trump Media and Technology Group is close to an all-stakes purchase in Bakkt. JUST IN: President-elect Donald Trump's $DJT in advanced talks to purchase crypto trading platform Bakkt. — Watcher.Guru (@WatcherGuru) November 18, 2024 The valuation for the purchase remains unclear, but Bakkt’s market capitalization stood at just over $150M on Monday. Trump Media and Technology is one of the biggest growing stocks since the US election, where the namesake man won the Presidential nomination. TMTG has a $6bn equity valuation, giving its management a considerable stockpile to make purchases like the one in Bakkt. With the President-elect’s recent decision to maintain his 53% stake in Trump Media, the purchase of Bakkt would solidify Trump’s n...

How the market is pricing Donald Trump’s election promises

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Donald Trump has made many promises to get elected the next United States president, starting on January 20, 2025. Yet, the market is fairly skeptical, although partially optimistic, about whether Trump will keep his promises – pricing these events accordingly. Some of these speculations are open and running on the leading prediction market, Polymarket , which became popular during the elections. For example, the market sees a 91% chance of Trump implementing the deportation executive action in the first 100 days. Meanwhile, the end of the Ukraine war before the inauguration day has only a 14% chance of occurring, price wagers. Picks for you Why XRP could hit $8 after reclaiming a 3-year high 4 hours ago Here’s why this crypto startup...

2 cryptocurrencies to reach $10 billion market cap by the year-end

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Donald Trump’s historic win in the 2024 U.S. elections on November 6 is sparking renewed excitement in the crypto industry, especially as his pro-crypto promises have invigorated investors.  Following a decisive Republican victory, the cryptocurrency market has surged, with Bitcoin (BTC) hitting a new all-time high above $90,030 on November 12, bringing fresh momentum to the broader market. Amid this rally, two promising altcoins, Chainlink (LINK) and Sui (SUI), stand out for their potential to reach a $10 billion market cap by the end of the year.  Picks for you Smart trader buys $34M in ETH as Ethereum Foundation sells $340k 2 hours ago This is the event that will force MicroStrategy to sell Bitcoin, warns expert ...

Donald Trump serves fries at McDonald's five days after flop crypto launch

Just five days after the disappointing launch of Donald Trump’s World Liberty Financial crypto project, the former president and sexual predator has staged a bizarre publicity stunt that saw him dishing out fries at a Pennsylvania branch of McDonald’s. Trump was filmed salting fries and serving ‘customers’ in a move designed to poke fun at fellow presidential hopeful Kamala Harris’ claims that she worked at the fast food chain in 1983. He was filmed saying, “I’ve now worked for 15 minutes more than Kamala” and has repeatedly called Harris’ claim a lie despite being unable to provide any evidence to back up the allegation.  It goes without saying that Trump didn’t clock on to work a real shift. The Feasterville restaurant was reportedly shut for his arrival, ‘customers’ were screened by the US Secret Service, and nobody ordered their own food, instead receiving whatever Trump handed to them .  trump literally 5 days after launch...