Trump picks the first ever bitcoiner on a presidential ticket who holds bitcoin!

[rohang]

Tron blockchain founder Justin Sun has invested $30 million into Donald Trump’s crypto project, World Liberty Financial

https://www.cnbc.com/2024/11/25/trump-crypto-justin-sun-investment.html

This highlights new ways to enrich president-elect Trump, real investment or just a pump and dump ?

[rdbase]

Justin Sun also bought a duct taped banana for $6 million dollars after somebody made it into an NFT sold it then a few days later ate it.
So I wouldn't take anything that the founder of Tron does too seriously as it is just a PR stunt and for nothing more than attention and keeping his name in the spotlight when it comes to anything to do with cryptocurrenies.


https://www.npr.org/2024/11/29/nx-s1-5210800/6-million-banana-art-piece-eaten

[rdbase]

crypto companies like Ripple, Kraken and Circle are jostling for a seat on President-elect Donald Trump's promised crypto advisory council,

https://www.reuters.com/technology/crypto-industry-jockeys-seats-trumps-promised-council-2024-11-21/

When it happens it should help to mainstream crypto in other countries as well as boosting the price for sure

Ripple Labs are really moving their stance after the SEC court case had been terminated. Causing innovation can start happening all the sudden. Swift and promptly just as the price has done over the last 96 hours.

As many have seen the price surge over 40% in recent days of this happening and while today there was an announcement of a possible ETF approval happening.
https://cryptoslate.com/wisdomtree-joins-race-for-spot-xrp-etf-as-4th-filing-amid-impending-sec-leadership-change
https://bravenewcoin.com/insights/xrp-etf-progress-sparks-interest-while-fxg-expands-its-decentralized-ecosystem

This increased the price so much that the entire market cap of XRP has surpassed USDT Tether. It is now only below bitcoin and ethereum on the list of all of cryptocurrenies with the highest market cap.
https://www.techinasia.com/news/xrp-overtakes-tether-thirdlargest-crypto

[rdbase]

https://www.forbes.com/sites/tylerroush/2025/01/19/donald-trump-launches-trump-meme-coin-token-exceeds-12-billion-market-cap

Found this news on CNN media outlet to be funny being mentioned the day of Trump being sworn in as president:

Donald and Melania Trump launch a pair of meme coins ahead of inauguration
https://www.cnn.com/2025/01/20/tech/meme-coins-donald-melania-trump-intl-hnk/index.html

So Melania Trump launches her own cryptocurrency within 48 hours of her husband launching one who both posted them on their X accounts as promoters.
https://www.theguardian.com/technology/2025/jan/20/donald-trump-meme-coin-price-melania-token

Then it all crashed:
https://www.forbes.com/sites/digital-assets/2025/01/20/its-just-begun-trump-meme-coin-suddenly-crashes-back-as-melania-coin-shock-hits-crypto

[Reid]

There could be important details on this Digital Assets Summit.

President Trump speaks at Digital Assets Summit
https://www.youtube.com/watch?v=OqIAb29ejZk

Who knows. Bitcoin might be discussed by him and maybe other details about the capital gains tax. There are a lot of rumors that he will eliminate the capital gains tax on cryptocurrencies especially Bitcoin and he will probably talk about it here. Let's watch it.

[rohang]

There could be important details on this Digital Assets Summit.

President Trump speaks at Digital Assets Summit
https://www.youtube.com/watch?v=OqIAb29ejZk

Who knows. Bitcoin might be discussed by him and maybe other details about the capital gains tax. There are a lot of rumors that he will eliminate the capital gains tax on cryptocurrencies especially Bitcoin and he will probably talk about it here. Let's watch it.

Trump slammed the Biden administration’s ‘regulatory war’ on crypto and urged Congress to pass ‘landmark’ crypto legislation.

President Trump became the first sitting president to address a crypto conference when he shared a video message with attendees at the Digital Asset Summit in New York City.

https://www.youtube.com/watch?v=_owYE2O6V2M

[rdbase]

There could be important details on this Digital Assets Summit.
President Trump speaks at Digital Assets Summit
https://www.youtube.com/watch?v=OqIAb29ejZk
Who knows. Bitcoin might be discussed by him and maybe other details about the capital gains tax. There are a lot of rumors that he will eliminate the capital gains tax on cryptocurrencies especially Bitcoin and he will probably talk about it here. Let's watch it.

Trump slammed the Biden administration’s ‘regulatory war’ on crypto and urged Congress to pass ‘landmark’ crypto legislation.
President Trump became the first sitting president to address a crypto conference when he shared a video message with attendees at the Digital Asset Summit in New York City.
https://www.youtube.com/watch?v=_owYE2O6V2M

The address was a very short summary of what they plan to do without going indepth.
So essentially nothing was said of what was already known.

I have a feeling these rallies of the price have been fueled by such hype of whatever Trump has to say inregards to bitcoin or cryptocurrencies without saying anything of real importance.

It does seem like it is being manipulated by these annoucements from cryptowhales pumping up the price then after the speeches are done without any concrete improvement on the situation it instantly dumps.

[Reid]

Trump Tells Digital Asset Summit Attendees US Will ‘Dominate Crypto’
https://www.pymnts.com/cryptocurrency/2025/trump-tells-digital-asset-summit-attendees-us-will-dominate-crypto/

“Together, we will make America the undisputed bitcoin superpower and the crypto capital of the world,” Trump said.

It's nice to hear that but it's also scary. I don't want any country dominating Bitcoin and other cryptocurrencies. It's meant to be used worldwide and should not be controlled/manipulated by a single entity, a group, or a nation. I know he only said "dominate" but it does mean a lot of things.

“With the right legal framework, institutions large and small will be liberated to invest, innovate and take part in one of the most exciting technological revolutions in modern history,” Trump said.

It sounds nice too and this is truly a good idea. Many people today have already opened their eyes and are now investing in cryptocurrencies. I just wish they buy more Bitcoin than buying memecoins. They should be aware about the risk they are taking and yet they still buy the fishy ones.

[rdbase]

Bitcoin had been doing some gains over the past 24 hours so it must be attributed to whatever Trump has agreed to or signed into office to have it increase by $6000 since last Friday.
Swings like this do not just happen all the time.
Might be in part due to the Crypto Summit as this has lasted since the announcement last week.

[FortuneFollower]

Bitcoin had been doing some gains over the past 24 hours so it must be attributed to whatever Trump has agreed to or signed into office to have it increase by $6000 since last Friday.
Swings like this do not just happen all the time.
Might be in part due to the Crypto Summit as this has lasted since the announcement last week.

May be the case.

Or the investors just had an injection of confidence due to what was described, but it wouldn't be enough to sustain it going.

[rdbase]

Bitcoin had been doing some gains over the past 24 hours so it must be attributed to whatever Trump has agreed to or signed into office to have it increase by $6000 since last Friday.
Swings like this do not just happen all the time.
Might be in part due to the Crypto Summit as this has lasted since the announcement last week.

May be the case.

Or the investors just had an injection of confidence due to what was described, but it wouldn't be enough to sustain it going.

But things such as this just might sustain the next crypto pump to new ATH if his administration can keep the ball rolling:
"Trump Media plans to work with Crypto.com on a lineup of 'Made-in-America' investments"
https://x.com/HanSoloCRO/status/1904330094266449996

[rohang]

Bitcoin had been doing some gains over the past 24 hours so it must be attributed to whatever Trump has agreed to or signed into office to have it increase by $6000 since last Friday.
Swings like this do not just happen all the time.
Might be in part due to the Crypto Summit as this has lasted since the announcement last week.

May be the case.

Or the investors just had an injection of confidence due to what was described, but it wouldn't be enough to sustain it going.

But things such as this just might sustain the next crypto pump to new ATH if his administration can keep the ball rolling:
"Trump Media plans to work with Crypto.com on a lineup of 'Made-in-America' investments"
https://x.com/HanSoloCRO/status/1904330094266449996

I hope so, so far theres been positive crypto news all over from trump but yet to see any real effects on prices

Hope this isnt the usual BS from politicians and they actually boost the scene

[rdbase]

-snipped-
I hope so, so far theres been positive crypto news all over from trump but yet to see any real effects on prices

Hope this isnt the usual BS from politicians and they actually boost the scene

Trump did have a meeting with the president of El Salvador Nayib Bukele today.
Don't think they had time to talk about crypto today as it was to do with the deportation of US migrants being sent to his country.
But maybe next time they will have some discussion about making the US more bitcoin friendly like his country had several years ago.

[rohang]

-snipped-
I hope so, so far theres been positive crypto news all over from trump but yet to see any real effects on prices

Hope this isnt the usual BS from politicians and they actually boost the scene

Trump did have a meeting with the president of El Salvador Nayib Bukele today.
Don't think they had time to talk about crypto today as it was to do with the deportation of US migrants being sent to his country.
But maybe next time they will have some discussion about making the US more bitcoin friendly like his country had several years ago.

Btc has climbed a little to 85k after tarrifs were 'paused' yet again,

Saw this article on guardian today-

https://www.theguardian.com/us-news/2025/apr/14/critics-slam-deregulation-of-crypto-as-trump-family-expands-its-footprint-in-industry

"Watchdogs say cryptocurrency regulation and enforcement has plummeted while Trump family invests heavily in it"

well hope that continues 

[Abiky]

Btc has climbed a little to 85k after tarrifs were 'paused' yet again,

Saw this article on guardian today-

https://www.theguardian.com/us-news/2025/apr/14/critics-slam-deregulation-of-crypto-as-trump-family-expands-its-footprint-in-industry

"Watchdogs say cryptocurrency regulation and enforcement has plummeted while Trump family invests heavily in it"

well hope that continues 

That's certainly good news for crypto. De-regulation should help attract more crypto businesses and companies into the country. A win-win for both the government and crypto holders. But a lot more needs to be done if Trump wants Bitcoin to go all the way to Mars. At least, in the short-term. Either way, Bitcoin will survive thanks to the way it was designed.

Despite the downfall in market prices (due to tariffs), BTC is still the best-performing asset in the world. Bitcoin's gains are a lot higher than Gold's over the long term. The tariff pause would be a great opportunity to sell some BTC at a high price to buy some more after it resumes (which will trigger a bear market). Play your cards right, and nothing should stop you from becoming filthy rich. Who knows what surprises we'll find in the future?

[rdbase]

Btc has climbed a little to 85k after tarrifs were 'paused' yet again,
Saw this article on guardian today-
https://www.theguardian.com/us-news/2025/apr/14/critics-slam-deregulation-of-crypto-as-trump-family-expands-its-footprint-in-industry
"Watchdogs say cryptocurrency regulation and enforcement has plummeted while Trump family invests heavily in it"
well hope that continues

That's certainly good news for crypto. De-regulation should help attract more crypto businesses and companies into the country. A win-win for both the government and crypto holders. But a lot more needs to be done if Trump wants Bitcoin to go all the way to Mars. At least, in the short-term. Either way, Bitcoin will survive thanks to the way it was designed.

Despite the downfall in market prices (due to tariffs), BTC is still the best-performing asset in the world. Bitcoin's gains are a lot higher than Gold's over the long term. The tariff pause would be a great opportunity to sell some BTC at a high price to buy some more after it resumes (which will trigger a bear market). Play your cards right, and nothing should stop you from becoming filthy rich. Who knows what surprises we'll find in the future?

Downfall of markets can not only be concentrated on those tariffs. But also to Powell and rate cuts.
Yesterday there was one of those FOMC meetings with Jerome Powell and as soon he started speaking the bitcoin price started falling. It dropped by nearly $1000 before he was done.
So these rate cuts proposal do have some effect on the price of bitcoin whether we like to admit it or not.

Trump blamed Powell right after and even called for his resignation on the matter.
Wasn't he the one who hired him in his previous term and has been there ever since?

[rohang]

Eric Trump: ‘If banks don’t watch what’s coming, they’ll be extinct in ten years’

"The modern financial system is broken, it’s slow, it’s expensive,"

https://www.cnbc.com/2025/04/30/eric-trump-if-banks-dont-watch-whats-coming-theyll-be-extinct-in-ten-years-.html

Feels good hearing this from of son of POTUS, lets see where it goes 

[betswift]

Eric Trump: ‘If banks don’t watch what’s coming, they’ll be extinct in ten years’

"The modern financial system is broken, it’s slow, it’s expensive,"

https://www.cnbc.com/2025/04/30/eric-trump-if-banks-dont-watch-whats-coming-theyll-be-extinct-in-ten-years-.html

Feels good hearing this from of son of POTUS, lets see where it goes 

Sounds good, but words are honey, actions are actions

[Redley555]

Trump and Vance have shown great interest on crypto and i like that. It really helped in their campaign crypto is really a force.

[rdbase]

Trump's 100th day in office and BTC price has reached nearly $95,000.
So whatever that has been done in the US presidency towards cryptocurrency and most notably bitcoin has worked well so far.