Trump | Crypto

Bitcoin (BTC) clawed back from $86,286 on Dec. 2 to $93,324 as of press time, up by 8%, while the Trump family’s American Bitcoin (ABTC) shares tumbled. The BTC price increase can be attributed to improved macro conditions and Vanguard’s opening of crypto ETF access to tens of millions of clients. At the same time, […] The post American Bitcoin plunged 50% during a crypto rally, exposing a fatal flaw in the “Trump proxy” trade appeared first on CryptoSlate.

Trump hasn’t confirmed who he will have replace Fed Chair Jerome Powell with next year, but two recent hints, taken together, point to his crypto-friendly adviser. Prediction market odds on Kevin Hasset becoming the next chair of the US Federal Reserve spiked after US President Donald Trump appeared to hint at who he has in mind during a White House event.  Speaking at the White House on Tuesday, Trump introduced guests, welcoming Hassett as a “potential Fed chair.”  “It’s a great group, and I guess a potential Fed chair is here too,” he said. “I don’t know, are we allowed to say that, potential? He’s a respected person, that I can tell you. Thank you, Kevin.” Read more

Kevin Hassett, a White House economic adviser, has reportedly emerged as a leader among the Trump administration’s short list to replace Jerome Powell. US President Donald Trump is slated to choose a new Federal Reserve chair by Christmas, and the frontrunner, Kevin Hassett, could be a boon for the crypto industry. Hassett is a White House economic adviser who has reportedly emerged as a strong candidate for the Fed chair position. He is the director of the National Economic Council and oversaw the digital asset working group directed by the White House earlier this year. Trump has been trying to increase his administration’s control over the Federal Reserve, the country’s central bank, thereby expanding the White House’s influence over monetary policy. Read more

Despite headlines that should be bearish for the meme coin, the Dogecoin price prediction is turning unexpectedly bullish.The U.S. government has officially shut down the Department of Government Efficiency (DOGE), but instead of crashing, DOGE is climbing.The Office of Personnel Management confirmed the agency’s closure, which followed reports of a split between President Donald Trump […] The post Dogecoin Price Prediction: Trump’s DOGE Department Just Collapsed – So Why Is the Token Surging? appeared first on Cryptonews.

Already convicted of one felony charge and facing a possible retrial on two others, the Tornado Cash co-founder’s future is uncertain. More than 65 cryptocurrency and blockchain companies and advocacy groups have called on US President Donald Trump to step in as federal prosecutors may be preparing to retry Tornado Cash co-founder and developer Roman Storm. In a letter to Trump dated Thursday and shared with Cointelegraph, advocacy organizations including the Solana Policy Institute, Blockchain Association and DeFi Education Fund, among others, made several requests regarding crypto-related policies.  The groups asked Trump to direct the IRS and US Treasury to clarify tax policy on digital assets, protect DeFi from regulators and encourage regulatory clarity through financial regulators like the Securities and Exchange Commission and Commodity Futures Trading Commission. Read more

Democratic Senators Elizabeth Warren and Jack Reed asked the Justice Department and the Treasury Department to investigate World Liberty Financial after a watchdog alleged that WLFI token sales touched wallets tied to North Korea’s Lazarus Group, a Russia-linked ruble token, an Iranian exchange, and prior Tornado Cash users. The senators’ referral arrived after Accountable US […] The post Democrats attack Trump’s World Liberty Financial for taking North Korean money — want DOJ probe appeared first on CryptoSlate.

Trump has expanded into Maldives luxury real estate through a tokenized resort project with Dar Global, letting investors buy blockchain-based units in a hotel still under construction, as tokenized property and real-world asset markets have drawn growing institutional attention. The post Trump’s $300M Maldives Resort Goes Blockchain – Investors Can Buy In Before It’s Built appeared first on Cryptonews.

With the US government shutdown expected to end this week, the Senate Agriculture Committee scheduled a hearing to consider President Donald Trump’s pick to head the CFTC. Michael Selig, currently serving as chief counsel for the crypto task force at the US Securities and Exchange Commission, will face questioning from senators next week in a hearing to consider his nomination as the chair of the Commodity Futures Trading Commission. On Tuesday, the US Senate Agriculture Committee updated its calendar to include Selig’s nomination hearing on Nov. 19. The notice came about two weeks after the SEC official confirmed on social media that he was US President Donald Trump’s next pick to chair the agency following the removal of Brian Quintenz. Hearings for Quintenz, whom Trump nominated in February, were put on hold in July amid reports that Gemini co-founders Cameron and Tyler Winklevoss were pushing another candidate. Quintenz later released private texts between him and the Winklevoss twins, signaling that the ...

Earlier this year, President Donald Trump promised a “21st Century” payments upgrade without requiring a central bank digital currency, putting the GENIUS Act at the center of the plan. The law is already on the books; the operating rulebook is not yet. In July, Trump praised the crypto industry, declaring: “You have certainly as an […] The post Upgrading “ancient” financial system with crypto by 2028: Is Trump on track? appeared first on CryptoSlate.

Investors saw the announcement as a positive catalyst for crypto markets, but the proposed stimulus hinges on a Supreme Court ruling. United States President Donald Trump announced on Sunday that most Americans will receive a $2,000 “dividend” from the tariff revenue and criticized the opposition to his sweeping tariff policies. “A dividend of at least $2000 a person, not including high-income people, will be paid to everyone,” Trump said on Truth Social. The US Supreme Court is currently hearing arguments about the legality of the tariffs, with the overwhelming majority of prediction market traders betting against a court approval. Kalshi traders place the odds of the Supreme Court approving the policy at just 23%, while Polymarket traders have the odds at 21%. Trump asked: Read more

Binance co-founder CZ pushed back against allegations that his pardon was motivated by close ties or business deals with the Trump family. Binance co-founder CZ said he was somewhat surprised at receiving a pardon from United States President Donald Trump and denied having a business relationship with the Trump family during an interview on Friday. CZ told Fox News that he never physically met or spoke with Trump before or after receiving a presidential pardon in October, and only met with Trump’s son Eric once at the Bitcoin Middle East and North Africa conference in Abu Dhabi, United Arab Emirates. “There is no business relationship between me, Binance, and World Liberty Finance,” CZ said. He added that he was unaware of the status of his pardon during the process: The pardon drew mixed reactions, with the crypto community celebrating it as a win for the industry and a reversal of the anti-crypto policies of the Biden administration, while Democratic lawmakers were critical of the pardon, accusing Trump of ...

Binance co-founder CZ pushed back against allegations that his pardon was motivated by close ties or business deals with the Trump family. Binance co-founder CZ said he was somewhat surprised at receiving a pardon from United States President Donald Trump and denied having a business relationship with the Trump family during an interview on Friday. CZ told Fox News that he never physically met or spoke with Trump before or after receiving a presidential pardon in October, and only met with Trump’s son Eric once at the Bitcoin Middle East and North Africa conference in Abu Dhabi, United Arab Emirates. “There is no business relationship between me, Binance, and World Liberty Finance,” CZ said. He added that he was unaware of the status of his pardon during the process: The pardon drew mixed reactions, with the crypto community celebrating it as a win for the industry and a reversal of the anti-crypto policies of the Biden administration, while Democratic lawmakers were critical of the pardon, accusing Trump of ...

The TRUMP memecoin has confirmed a falling wedge breakout, with price charts indicating a potential 70% rally toward $13 by the end of the year. Key takeaways: TRUMP confirms a falling wedge breakout, targeting a 70% rally toward $13 by 2026. Issuer’s Republic.com deal talks and $200 million buyback plan strengthen bullish fundamentals. Read more

Trump-backed World Liberty Financial has disclosed Solana partnerships with Bonk and Raydium, adding USD1 trading pairs, incentives, and launchpad access. USD1’s supply has increased since April 2025 as the project has pursued DeFi growth and leadership hires. The post Trump’s Crypto Project Taps Bonk and Raydium in a High-Stakes Bid to “Rebuild” Solana appeared first on Cryptonews.

Altcoin season has cooled, with the index having slipped to 25, while activity has concentrated in MemeCore, OFFICIAL TRUMP and Zcash. Traders have focused on liquid venues, narrative clarity and upcoming supply shifts, keeping select tokens active as broader participation has lagged. The post Altcoin Season Slips To 25 – MemeCore, $TRUMP, And Zcash Hold Interest appeared first on Cryptonews.

Crypto majors fell between 2–5% following a Sunday night selloff, with Bitcoin down 2% at $108,100, Ethereum off 4% at $3,720, BNB down 6% at $1,020, and Solana dropping 5% to $176. Among top movers, ASTER (+8%) and TRUMP (+3%) led the gains. ASTER initially surged 25% after CZ announced he had bought the token and planned to hold it long-term, though it has since retraced most of that move. In corporate news, Microsoft signed a $9.7 billion deal to purchase AI cloud services from Bitcoin miner IREN, sending IREN stock up 20% in premarket trading. Meanwhile, Trump distanced himself from CZ following his latest pardon, claiming he “didn’t know” him. Elon Musk mentioned Polymarket during his appearance on the Joe Rogan podcast, highlighting the growing attention toward prediction markets. Bitcoin ended “Uptober” in the red for the first time in seven years, Tether reported roughly $10 billion in profit for the first three quarters of 2025, and Balancer v2 pools were exploited for over $110 million.

A crypto analyst said the crypto market crash in October will be looked back on as one of the “bottom days in hindsight." A widely used crypto market sentiment indicator has remained in uncertain territory despite improved clarity on trade relations between US and China. It comes as US President Donald Trump reached a trade deal with China this week. However, some crypto analysts suggest the announcement could soon have a positive impact on the crypto market. The Crypto Fear & Greed Index, which measures overall crypto market sentiment, posted a “Fear” score of 37 on Sunday, up 4 points from its “Fear” score of 33 on Saturday. The slight uptick comes as the White House released a comprehensive statement outlining the trade agreement reached between Trump and Chinese President Xi Jinping. Read more

President Donald Trump has pardoned CZ, marking another act of clemency for a prominent figure in the crypto industry that signals a concerning trend. US President Donald Trump pardoned Changpeng Zhao, also known as CZ, on Oct. 21. The former Binance executive is just the latest on a growing list of convicted crypto executives to receive clemency from the White House. Even on the campaign trail, Trump promised to make an about-face on crypto policy and grant clemency to individuals such as Silk Road founder Ross Ulbricht. The president cited instances of lawfare from the Biden administration as a significant motivator. While starting with Ulbricht in January, the list has grown to include four executives from the exchange BitMEX as well. This has encouraged some high-profile crypto figures behind bars, such as former FTX CEO Sam Bankman-Fried, to make overtures to the Trump administration. Read more

TRUMP flipped PENGU and became the sixth-largest meme coin.

Truth Social wants to “democratize information” for its 6.3 million users with a social media prediction platform developed in collaboration with Crypto.com. Trump Media and Technology Group (TMTG), a technology and media company co-founded by US President Donald Trump, plans to enable prediction markets on its social media platform, Truth Social. Trump’s Truth Social has partnered with Crypto.com, a major US crypto exchange, to launch the social media prediction market platform called Truth Predict, according to an official announcement on Tuesday. “For too long, global elites have closely controlled these markets — with Truth Predict, we’re democratizing information and empowering everyday Americans to harness the wisdom of the crowd, turning free speech into actionable foresight,” Trump Media CEO Devin Nunes said. Read more