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According to David Bailey, it’s never occurred to him that US President Donald Trump changed his position on bitcoin (BTC) because he or his family could personally benefit from crypto. Speaking to CBS news correspondent Jo Ling Kent, Bailey categorically denied the suggestion that Trump changed his stance on BTC to make money personally. “No, absolutely not,” said Bailey in a broadcast that aired yesterday morning on nationwide TV. “I don’t think he embraced this industry to enrich himself,” he repeated. “I think that he just sees the same potential that I see.” Immediately prior to this answer, on-screen CBS Analysis tallied $765 million worth of revenue to crypto ventures controlled by the Trump family since September 2024. Watching "bitcoiners" go on TV and gaslight the public about Trump's crypto corruption makes me sick. https://t.co/RATZ5KXK4j pic.twitter.com/fHlbVASMDr — Pledditor (@Pledditor) August 10, 2025 Trump has defi...

The rising prominence of cryptocurrencies in the United States has been an undeniable reality of 2025. With US President Donald Trump’s return to the White House, the nation has embraced its first pro-crypto administration. That shift is expected to only continue, and Coinbase CEO Brian Armstrong says, eventually, it will lead Bitcoin to eventually “be a part of everyone’s 401(k).” Armstrong was speaking to CNBC about the recent inclusion of Coinbase (COIN) on the S&P 500. Within that discussion, the executive said the development signaled that “crypto is here to stay.” Indeed, it reinforces what has been a transformational shift for the asset class throughout this year so far. JUST IN: Coinbase CEO Brian Armstrong says crypto is "going to be a part of everyone's 401(k)." pic.twitter.com/GQnNDQn26r — Watcher.Guru (@WatcherGuru) May 14, 2025 Also Read: Crypto To Power 10% of Global Economy by 2030, Coinbase CEO Affirms Coinbase CEO Says Bitcoin & ...

President Donald Trump is facing mounting criticism over his “shady” crypto ventures, with House Democrats planning a walkout from a key crypto hearing as backlash builds ahead of his TRUMP token gala. Lawmakers argue Trump’s various ventures — including the TRUMP token, World Liberty Financial, and the USD1 stablecoin — pose potential conflicts of interest given his power to shape crypto regulation. Senator Elizabeth Warren has led the charge, accusing Trump of using the presidency to advance his family’s crypto empire. “The Trump family stablecoin surged to 7th largest in the world because of a shady crypto deal with the United Arab Emirates — a foreign government that will give them a crazy amount of money,” Warren said. “The Senate shouldn’t pass a crypto bill this week to facilitate this kind of corruption.” The Trump family stablecoin surged to 7th largest in the world because of a shady crypto deal with ...

While President Donald Trump has maintained a pro-cryptocurrency stance, Bitcoin (BTC) buyers at the time of his inauguration are now in the red, despite the asset’s rally during his swearing-in. Notably, on January 20, 2025, at the start of Trump’s second term, BTC traded at the coveted six-figure value of $101,083.  However, as of press time on April 8, Bitcoin has plunged, reflecting broader market volatility partly stemming from trade tariff uncertainty.  The flagship asset has dropped to $79,676, marking a 21% decline since Inauguration Day. BTC YTD price chart. Source: Finbold To put this drop into perspective, if you had invested $1,000 in Bitcoin on January 20, you’d now have approximately $787, a $213 drop in value. Indeed, Bitcoin has failed to make a decisive upward move despite Trump implementing some of his cryptocurrency-friendly policies, such as establishing a strategic Bitcoin reserve.  The investors appe...

The current president-elect, Donald Trump, had earlier made bold promises when it comes to the cryptocurrency domain. Bitcoin was one of the leading narratives that Trump propagated holistically in his electoral campaigns. In one of his rallies, Trump floated the idea of building a Bitcoin reserve. As his inauguration event draws near, the cryptocurrency community cannot help but wonder what will be the impact of this decision on several altcoins, including Shiba Inu. Will this development help SHIB claim new highs? \ Also Read: Donald Trump to Designate Cryptocurrency as a National Priority Shiba Inu: What’s Happening With The Meme Coin Source: Watcher Guru Shiba Inu is currently one of the leading crypto tokens that the entire cryptocurrency market looks up to. The token has established a steady reputation and continues to leverage the market momentum to attain new price highs. Shiba Inu is currently busy building a diverse crypto circuit and has recently unveiled a new TREAT to...

Ripple’s XRP token seems to be making a comeback. The asset has rallied 0.1% in the daily charts, 19.5% in the weekly charts, 6.7% in the 14-day charts, and 324.6% since January 2024. Despite the rally, the asset is down by 6.4% over the previous month. Also Read: How High Will Cardano (ADA) Surge After Trump Takes Office? Source: CoinGecko Why Is The Crypto Market Up Today? Source: Watcher Guru Ripple’s XRP and other assets faced a significant price correction last month. Inflation in the US increased to 2.7%, and the Fed took a hawkish stance on its monetary policy. The development may have led to investors becoming weary of risky assets. XRP’s resurgence could be due to Bitcoin (BTC) reclaiming the $101,000 price level. BTC may have surged after Microstrategy purchased another 1070 BTC for $101 million. Also Read: Cardano (ADA) Gets 27% Jump to Start 2025: Is $2 Imminent? XRP’s rally could also be due to President-elect Donald Trump’s inauguration, which...

Brian Quintenz could soon lead the Commodity Futures Trading Commission. He currently heads policy at Andreessen Horowitz’s crypto division and previously served as CFTC commissioner. His background in overseeing the future of Bitcoin and Ethereum makes him a key figure in crypto regulation. As Trump’s choice for CFTC chair, Quintenz might reshape cryptocurrency rules in the United States. An earlier CNBC video from 2018 shows Brian Quintenz’s long-standing views on crypto oversight. As CFTC commissioner then, he called for an independent regulatory body for cryptocurrencies and stressed the need for clear market oversight rules. Also Read: 48-Hour Ultimatum: SEC’s Gensler Threatens Elon Musk with Charges Trump’s CFTC Pick, Brian Quintenz: What Does It Mean for Crypto Regulation? Source: Bloomberg A Track Record of Innovation Support Source: Watcher Guru Brian Quintenz supported new technology during his time at the CFTC from 2017 to 2021. Trump’s CFTC pick...

After ringing the bell at the New York Stock Exchange (NYSE) today, Donald Trump, the United States president-elect and famous felon, announced that he “will be doing something great with crypto.” This was in response to a question from Jim Cramer that seemed to allude to a “strategic bitcoin reserve.” Trump has previously promised to create a “strategic national bitcoin stockpile.” Elsewhere yesterday, World Liberty Financial, a crypto project endorsed by Trump that describes him as the “Chief Crypto Advocate,” has been diversifying the assets in its multisignature wallet, apparently exchanging USDC for ether, LINK, and AAVE. The protocol itself intends to exist as an AAVE wrapper and it has already partnered with Chainlink . Trump's World Liberty(@worldlibertyfi) is buying $ETH, $LINK and $AAVE! In the past 9 hours, the World Liberty Multisig wallet spent 10M $USDC to buy 2,631 $ETH at $3,801, 1M $USDC to buy 41,335...

The Maga price plunged over 13% in the last 24 hours to trade at $1.49 as of 4:38 a.m. EST as investors decrease their exposure to the political meme coin . The drop in the TRUMP price comes even after US President-elect Donald Trump announced the appointment of Tesla founder Elon Musk and Vivek Ramaswamy to lead a new government department called the Department of Government Efficiency (DOGE). pic.twitter.com/Vnk4MCAofY — Elon Musk (@elonmusk) November 13, 2024 Maga Price Rejected By A Major Resistance 4-hour chart for TRUMP/USD (Source: GeckoTerminal ) The Maga price was rejected by the $2.0276 resistance level in the last 24 hours. As a result, the meme coin is now approaching the closest support level at $1.1591. Should the meme coin drop below this technical safety net, it could stand the risk of plunging to as low as $0.3671 in the short term. In a more bullish scenario, the MAGA price maintaining a position above the $1.1591 support for the next 12 hours could l...

The current US elections have made one thing strictly clear: the policies to uplift the US economy will take preference no matter what. Measures to curb the ongoing de-dollarization drives have already started to stir the economic structure as news of Trump unveiling plans to levy 100% taxes on countries moving away from the dollar went viral on all global fronts. However, these stringent measures may have accompanied some severe repercussions. On the one hand, they may play a pivotal role in determining the prosperity of the United States. Still, at the same time, they may disrupt the global trade order by pushing these 5 ASEAN nations away, compelling them to ditch the US dollar. Also Read: Shiba Inu’s Shytoshi Kusama: New Proposal for Next US President Trump Vows To Protect The US Dollar, Plan To Impose Taxes On Nations Ditching USD Source: NBC News Former US president Donald Trump has made several bold statements while participating in his electoral campaigns this season. In one of...

Politicians will promise a lot to get votes. Despite candidates for the US presidency spending most of their time talking about broad public interests like healthcare, employment, inflation, and national security, they’ll occasionally make a narrow pledge about a specific sector. Earlier this month, Trump appeared to completely change his mind about bitcoin. Despite branding it a scam five years ago, Trump now realizes that there might be, in his own estimation, “50 million crypto holders” who could cast a vote for him. Whether or not that number is true, he needs more votes on November 5. So Trump made crypto a priority this month. Donald Trump is now ‘good with’ Bitcoin, wants its future ‘made in the USA’ Read more: Trump considers Elon Musk for crypto post despite ‘never talking crypto’ Joe Biden watches Donald Trump pivot on crypto Rather than once again lamenting how crypto “can facilitate unlawful behavior, including drug trade and other illegal ...

With an already unprecedented number of criminal charges stacking up against Donald Trump, the Department of Justice (DoJ) has indicted the former President yet again. And as courts begin to dig through Trump’s financial records, US voters might start to take a particular interest in records relating to some of his crypto promotions. Indeed, despite an oddly-written tweet about the preeminence of the US dollar over “Bitcoin and other cryptocurrencies,” Trump and his inner circle have endorsed a variety of dubious coins. Trump Digital Trading Cards The former president famously endorsed an NFT collection, Trump Digital Trading Cards, on December 16, 2022. One day later, the floor price of his collection hit its high of 0.84 ETH. Today, however, the floor price is around 0.12 ETH, an 85% collapse . Within minutes of his endorsement, researchers discovered that the collection’s artist simply photoshopped Donald Trump’s face into standard stock photos. They initially sold for $9...