WASHINGTON: U.S. President Donald Trump is not interested in talking with Elon Musk, a White House official said on Friday, signaling the president and his former ally might not resolve their feud over a sweeping tax-cut bill any time soon. The White House official, speaking on condition of anonymity, said no phone call between Trump […]
World Liberty Financial reportedly sent a letter after the company behind Donald Trump’s memecoin and Magic Eden announced plans to launch an “official $TRUMP wallet.” World Liberty Financial (WLFI), the cryptocurrency platform backed by US President Donald Trump and members of his family, has reportedly issued a cease-and-desist letter to the company responsible for creating a Bitcoin wallet tied to the president’s brand. According to a June 5 Bloomberg report, WLFI sent the letter to Fight Fight Fight LLC, the company that owns Gettrumpmemes.com and is behind issuing the TRUMP memecoin. The cease-and-desist notice was reportedly issued after the non-fungible token marketplace Magic Eden and the team behind the memecoin revealed a waitlist for a crypto wallet featuring Trump’s name. Donald Trump Jr., the president’s eldest son and a “Web3 ambassador” for WLFI, said on June 3 that the Trump Organization had “zero involvement” with the crypto wallet project, announcing that the group was planning its own launc...
Tensions between Donald Trump and Elon Musk exploded into public view Thursday, as the US president said he was “very disappointed” by his billionaire former aide’s criticisms and Musk hit back in real time on social media. “Look, Elon and I had a great relationship. I don’t know if we will anymore,” Trump told reporters in the Oval Office after Musk slammed his tax and spending mega-bill as an “abomination”. The world’s richest man responded by live-posting on his X social media platform as Trump spoke on television, saying that the Republican would not have won the 2024 election without him and slamming him for “ingratitude.” In an extraordinary rant as visiting German Chancellor Friedrich Merz sat mutely beside him, 78-year-old Trump unloaded on SpaceX and Tesla boss Musk in his first comments on the issue. “I’m very disappointed, because Elon knew the inner workings of this bill better than almost anybody sitting here … all of a sudden, he had a problem,” Trump said when asked about Musk. View this post o...
United States President Donald Trump on Thursday called his telephone conversation with Chinese counterpart Xi Jinping a “very good phone call” and stated that the countries’ respective teams “will be meeting shortly”. Earlier, China’s state-run news agency Xinhua reported that the call took place at Trump’s request, as bilateral relations have been strained by trade disputes. In a post on social media platform Truth Social, Trump wrote that the one and a half hour call discussed the “intricacies of the trade deal” and that it “resulted in a very positive conclusion for both countries”. “There should no longer be any questions respecting the complexity of rare earth products. Our respective teams will be meeting shortly at a location to be determined,” the president wrote, adding that the US will be represented by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer. The post added that Xi “graciously invited” both Trump and First Lady Melania to visit...
Donald Trump’s crypto agenda claims to champion financial freedom, but in reality, it consolidates power among political elites and wealthy investors, sidelining everyday users. Opinion by: Elias Vilochkin, chief product officer of ChangeNOW Bitcoin optimism is naturally running high. US President Donald Trump’s trade agreement with the UK has provided a jolt of confidence in global markets, and Bitcoin (BTC), as the ultimate borderless asset, is reaping the benefits. Unfolding behind the Trump administration’s aggressive push to deregulate the crypto industry, however, is a consolidation of power that favors the few while ignoring the many. Read more