[UPDATED] Donald Trump's stance on Bitcoin is changing, the Trump pump is real!

[bbc.reporter]

It would certainly be very headshaking if China will not also create their own initiatives to be the leader in blockchain.

Well, China has the digital Renminbi or e-CNY and they started working on it back in 2014 and officially released it back in 2020 in 4 Chinese cities. In less than a year it passed hundreds of millions of users and handled over ten billion dollar worth of of transactions.
The biggest event was usage of it as PetroYuan in October 2023 (cross border oil settlement).

I'd say as far as government issued shitstablecoins go, China is at least 10 years ahead of all other countries without needing to wait for some silly bill to pass.

It appears that you are not living in reality. There are capital outflow controls in China. They will not allow anyone within their jurisdiction to send more and $50k worth of currencies without a special approval. Do you know what the Chinese citizens do to avoid this? There is a black market for USDT in hardware wallets being sent and received through the borders between Hong Kong and China.

If the big banks and big payment processors of America issue their own stablecoins and become widely accepted and for certain there will be liquidity provision on DeFi platforms like Curve Finance, the representation of America's currency will be the dominant fiat currency representation of the cryptospace.

[bbc.reporter]

Is this the Trump pump that everyone was waiting for when the Donald received the victory in America's presidential election? This might be, however, this is only a small pump compared to what will be coming if America's stablecoin bill will be signed into law heeheheh.

I was mistaken in my prediction that it will be the ETF investment inflows on bitcoin that will give it constant billion dollar twaps. I have a new speculation. It might be the inflows from banks, traditional financial institutions and payment processors through their stablecoins that will give bitcoin the constant billion dollar twaps. This will be the real Trump pump.

[bbc.reporter]

News update.

It appears that after speculating on when the real Trump pump might occur, what has just occurred was another Trump dump hehehe. The Donald has announced a 50% tariff on the European Union and it appears that nothing can change this decision anymore. This is headshakng after other countries habe begun negotiations with America.



President Donald Trump on Friday threatened a 50% tariff on goods from the European Union, citing a lack of progress in current trade negotiations.

“Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more, have led to a Trade Deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable,” he wrote in a Truth Social post Friday morning.

“Our discussions with them are going nowhere!” Trump wrote.

“Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.”

But later Friday, at an executive order signing in the Oval Office, Trump escalated his message to the EU.

“I’m not looking for a deal,” he said. “We’ve set the deal — it’s at 50%.”

Read in full https://edition.cnn.com/2025/05/23/economy/trump-eu-tariffs

[bbc.reporter]

News update.

This might not be the Donald's desire to have this outcome, however, his tariff imposed which was blocked by a federal court will certainly be a very good news for the market. I will also consider this another Trump pump hehehehehe.

This unpredictability that the tariff has created will be removed and the cryptospace can pump without being disturbed.



A federal court on Wednesday froze many of the large-scale tariffs imposed by President Trump on virtually every foreign nation, ruling the levies exceed the president's legal authority.

The ruling — issued by a panel of judges on the U.S. Court of International Trade — halted the sweeping 10% tariffs Mr. Trump assessed on virtually every U.S. trading partner on "Liberation Day" last month, with higher tariffs threatened for dozens of countries.

Read in full https://www.cbsnews.com/news/court-strikes-dow-trumps-liberation-day-tariffs-ruling-them-illegal/#

[madnessteat]

^

Is this officially confirmed information? When I saw this information in one of the news publications, it seemed to me that it was most likely fake. In addition, it is not particularly noticeable that the cryptocurrency market or the stock market reacted positively to this news. I think such news should have caused a stir in all markets, because the cancellation of Trump's tariff policy should, in theory, have a positive effect on investor sentiment.

[Die_empty]

^

Is this officially confirmed information? When I saw this information in one of the news publications, it seemed to me that it was most likely fake. In addition, it is not particularly noticeable that the cryptocurrency market or the stock market reacted positively to this news. I think such news should have caused a stir in all markets, because the cancellation of Trump's tariff policy should, in theory, have a positive effect on investor sentiment.

The US is a country where separation of powers works. One man called the president cannot just come up with an agenda that is harming different sectors of the economy and will not be challenged or stopped by the court. Trump seems to be welding unlimited powers and I think Congress needs to rectify some of his policies

The market reacted slightly because this judgment was not final. The government can still bypass this court judgment through some executive orders. Secondly, they also have the option of appealing the judgment. Maybe a Supreme Court judgment would have caused a stir in the market. 

[madnessteat]

^

I asked this not because I don't understand how the US judicial system works, but because the press has been publishing a lot of fake news lately. Just recently, Trump himself said that the press publishes a lot of fake news without bothering to check its accuracy. Apparently, the entire American press, like many other spheres, is also divided into spheres of influence between Republicans and Democrats.

[nutildah]

It seems that the positive price action happening in the bitcoin/crypto markets is happening in spite of Trump being president and not because he is president. The haircut on stocks across the board has yet to be recovered from, and it permanently alienated his older voter base, along with millions of retirees and anyone that needs their investments to supply them with money for the rest of their lives. Honestly looking at the S&P chart, I wouldn't be surprised if we see another huge drawdown in the next month or two.

Thankfully the fed printing continues to make BTC look attractive, so it will always have that going for it compared to most other investments which are more inflationary.

[bbc.reporter]

^

Is this officially confirmed information? When I saw this information in one of the news publications, it seemed to me that it was most likely fake. In addition, it is not particularly noticeable that the cryptocurrency market or the stock market reacted positively to this news. I think such news should have caused a stir in all markets, because the cancellation of Trump's tariff policy should, in theory, have a positive effect on investor sentiment.

This is official information heheheheh. However, there is a section in the law where the Donald can use to continue imposing his tariffs. This is mentioned in the article, called emergency powers law.

In any case, if you are speculating if the market will pump again, this block on the Donald's tariffs might be bullish. This will remove some of the unpredictability caused by the Donald and bring back more confidence on markets.



Now a federal court has thrown a roadblock in his path.

A three-judge panel of the US Court of International Trade ruled Wednesday that Trump overstepped his authority when he invoked the 1977 International Emergency Economic Powers Act to declare a national emergency and plaster taxes – tariffs – on imports from almost every country in the world.

The ruling was a big setback for Trump, whose erratic trade policies have rocked financial markets, paralysed businesses with uncertainty and raised fears of higher prices and slower economic growth.

But Trump's trade wars are far from over. The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court's decision.

Read in full https://www.9news.com.au/national/appeals-court-allows-trump-to-continue-collecting-tariffs-under-an-emergency-powers-law-for-now/e9eb8433-4532-44e0-a5c5-62bdde326c06

[bbc.reporter]

What is everyone's speculation on the Trump pump? We have been waiting for this, however, the pump has always been answered with a dump and a resistance. What will occur for the rest of this year? Will this only be a continuation on what has been happening or will we witness a big pump similar to the bull markets before?

We have received the biggest news update for the cryptospace, however, there is no Trump pump, only a pump replied with resistance!



Photos: Trump Signs the GENIUS Act Into Law

On Friday, U.S. President Donald Trump signed the first-ever major piece of crypto legislation into law.

U.S. President Donald Trump signed the GENIUS Act governing stablecoins into law on Friday, July 18, 2025, marking the first time a major piece of crypto legislation became a law in the U.S.

Read in full https://www.coindesk.com/policy/2025/07/21/photos-trump-signs-the-genius-act-into-law

[bbc.reporter]

This might appear very bearish news for some people in the cryptospace. However, this really implies how the cryptospace is only in the starting stages of market development for people who only participate in traditional finance.

I predict that these 60% of people who said that they have no interest in the cryptospace will change their minds within 2 years when they witness the legitimacy of this in America and the acceptance of the banks where they deposit their money hehehe. The Trump pump will be very unexpected.



Americans see crypto as niche and ‘risky’ despite Trump’s pro-crypto push, poll finds

Main Street still isn’t sold on crypto despite its regulatory glow-up in Washington.

Roughly 14% of Americans own any cryptocurrency, and most say they’re unlikely to ever buy in, according to a recent Gallup survey.

Perceptions of risk remain the biggest hurdle. A majority of respondents said crypto is either “very risky” or “somewhat risky,” with only 4% saying they’re likely to buy it soon.

Another 60% said they have no interest in buying crypto at all.

Ownership is concentrated in a narrow demographic: men aged 18 to 49, 25% of whom say they hold Bitcoin or other digital assets.

Rates drop sharply among older adults and women, especially seniors, where ownership falls to just 7%.

Read in full https://www.dlnews.com/articles/people-culture/americans-crypto-risky-despite-trump-crypto-push-corporation/

[CryptoBuds]

This might appear very bearish news for some people in the cryptospace. However, this really implies how the cryptospace is only in the starting stages of market development for people who only participate in traditional finance.

I predict that these 60% of people who said that they have no interest in the cryptospace will change their minds within 2 years when they witness the legitimacy of this in America and the acceptance of the banks where they deposit their money hehehe. The Trump pump will be very unexpected.

Instead of seeing this as negative news, I see this as positive news, we should be happy because this shows it is still early and we still have many opportunities. As legendary Warren Buffett said: "Be fearful when others are greedy and be greedy when others are fearful."

But we cannot deny, despite the regulations and friendly attitude of the US government as well as other countries towards cryptocurrencies. Cryptocurrency is still a risky financial market because manipulation and scams are still very prevalent in the market, and I don't think they will go away anytime soon. But this is the price we pay for wanting more freedom, not wanting to be monitored, not wanting to pay taxes...

[Alpen]

Trump’s “support” is the worst thing that could happen to Bitcoin.

From a psychological point of view, Trump is the textbook definition of a pseudo-personality — whatever he promises, the opposite usually happens:

• Said he’d bring peace — now we’re seeing conflicts pop off everywhere, even between Cambodia and Thailand.
• Promised to cut the deficit — then signed off on bills that ramp up government spending like crazy.

And now, the real kicker: under Trump, banks have already been given the green light to issue their own “private dollars.” That’s not some future plan — it’s happening. And this move is a ticking time bomb.

When the financial system starts to crack, the blame won’t fall on Trump or the banks. It’ll fall squarely on Bitcoin. Just like the crackdown on ICOs or the Libra project, governments worldwide will use this as a trigger to go after crypto hard.

In that kind of environment, the total crypto market cap could easily collapse back down to a few hundred billion.

[SensitiveEyes]

Trump has taken Bitcoin far. His close team and family are heavily involved with the crypto industry, they are going to be worth more if regulation does not have hold them back. If he does the opposite people around him will have less crypto worth, naturally he would protect their assets.

Trump’s “support” is the worst thing that could happen to Bitcoin.

From a psychological point of view, Trump is the textbook definition of a pseudo-personality — whatever he promises, the opposite usually happens:

• Said he’d bring peace — now we’re seeing conflicts pop off everywhere, even between Cambodia and Thailand.
• Promised to cut the deficit — then signed off on bills that ramp up government spending like crazy.

And now, the real kicker: under Trump, banks have already been given the green light to issue their own “private dollars.” That’s not some future plan — it’s happening. And this move is a ticking time bomb.

When the financial system starts to crack, the blame won’t fall on Trump or the banks. It’ll fall squarely on Bitcoin. Just like the crackdown on ICOs or the Libra project, governments worldwide will use this as a trigger to go after crypto hard.

In that kind of environment, the total crypto market cap could easily collapse back down to a few hundred billion.

[fikrett]

Trump has taken Bitcoin far. His close team and family are heavily involved with the crypto industry, they are going to be worth more if regulation does not have hold them back. If he does the opposite people around him will have less crypto worth, naturally he would protect their assets.

Trump’s “support” is the worst thing that could happen to Bitcoin.

From a psychological point of view, Trump is the textbook definition of a pseudo-personality — whatever he promises, the opposite usually happens:

Bitcoin would be good with or without him, anyway.

He just utilizes what he can in his display

[rdbase]

Trump has taken Bitcoin far. His close team and family are heavily involved with the crypto industry, they are going to be worth more if regulation does not have hold them back. If he does the opposite people around him will have less crypto worth, naturally he would protect their assets.

Trump’s “support” is the worst thing that could happen to Bitcoin.

From a psychological point of view, Trump is the textbook definition of a pseudo-personality — whatever he promises, the opposite usually happens:

Bitcoin would be good with or without him, anyway.

He just utilizes what he can in his display

Obviously because he is a politician and putting on a good face is everything to them afterall.
Behind close doors he can say and do the exact opposite of whatever he says infront out in public or as you say "just for display".
He has mentioned in a press interview last week that he personally does not hold any bitcoin even if his World Liberty Finance company does.

[Alpen]

Trump has taken Bitcoin far. His close team and family are heavily involved with the crypto industry, they are going to be worth more if regulation does not have hold them back. If he does the opposite people around him will have less crypto worth, naturally he would protect their assets.

That’s exactly the problem! Trump’s so obsessed with Bitcoin, he might end up being the face people blame when things go south. If the U.S. economy crashes on his watch, guess what headline sticks? “Trump bet on crypto while farmers in Texas and California lost everything.” Wouldn’t be surprised if angry folks start torching mining farms.

And if anything new leaks about Epstein and Trump? I’ll be the first to dump my BTC and any token his family ever touched.

Obviously because he is a politician and putting on a good face is everything to them afterall.
Behind close doors he can say and do the exact opposite of whatever he says infront out in public or as you say "just for display".
He has mentioned in a press interview last week that he personally does not hold any bitcoin even if his World Liberty Finance company does.

Of course Trump doesn’t hold Bitcoin. Digital money leaves a trail — fiat is still king when it comes to taking bribes under the table.