Trump | Crypto

Travis Hill has served as acting FDIC chair since Donald Trump took office on Jan. 20, later issuing guidance on crypto-related activities and criticizing allegations of debanking. US President Donald Trump sent the nomination of acting chair of the Federal Deposit Insurance Corporation (FDIC), Travis Hill, to the Senate for consideration to assume the government role for a five-year term. According to congressional records, Trump’s nomination of Hill as FDIC chair was sent to the Senate Banking Committee on Tuesday. Before assuming his role at the FDIC, Hill issued a statement that the department should offer additional guidance on digital assets and tokenization and spoke out against allegations of US authorities debanking companies due to their ties to crypto. He followed with a letter aimed at financial institutions in March, clarifying that banks could engage with digital assets as a ”permissible activity.”  Read more

Since the peak of the Trump news-driven rally, Cronos has lost more than $6 billion, or nearly 50% of its market cap. Cronos, the native cryptocurrency of Crypto.com’s Cronos Chain, has faced significant selling pressure since the launch of the Trump Media Group CRO Strategy last month. On Aug. 26, Trump Media and Technology Group (TMTG), the operator of Truth Social and majority-owned by the Donald J. Trump Revocable Trust, announced a joint $6.4 billion Cronos (CRO) treasury. The announcement sparked an immediate 40% rally in CRO’s price. However, since then, the token has steadily declined, almost erasing those gains as CRO tumbled below $0.19 on Thursday, approaching pre-announcement levels, according to CoinGecko data. Read more

Democratic Senators called for investigations into potential ethics violations by Trump administration officials related to World Liberty Financial and its $2 billion in funding from the UAE. In a Sept. 23 letter, Senators Elizabeth Warren and Elissa Slotkin requested that the inspectors general of the Commerce and State Departments examine whether officials violated ethics rules […] The post Democratic Senators demand probe of Trump officials over WLFI UAE deal appeared first on CryptoSlate.

At least three other candidates may be in the running to chair the CTFC after the Winklevoss twins reportedly soured on Trump’s first pick, Brian Quintenz. Former US Commodity Futures Trading Commission (CFTC) member and US President Donald Trump’s pick to chair the agency, Brian Quintenz, may not face a vote in the Senate after reports suggested Trump was considering other candidates for the job. According to a Wednesday Semafor report, the Trump administration was vetting Josh Sterling, a former director at the CFTC’s market participants division, to chair the agency as Quintenz’s nomination reportedly stalled. Sterling, who worked at the CFTC from 2019 to 2021, was appointed to his position during the first Trump administration and did not face a Senate vote. He is a partner at Milbank, an international law firm. Read more

Nine House Financial Services Committee members sent a letter to SEC Chairman Paul Atkins on Sept. 22, urging swift implementation of President Donald Trump’s Aug. 7 executive order enabling cryptocurrency investments in 401(k) retirement plans. The bipartisan coalition expressed support for expanding access to alternative assets to help 90 million Americans secure dignified retirement outcomes. […] The post House lawmakers urge SEC to implement Trump’s crypto 401k executive order appeared first on CryptoSlate.

Trump’s $15B NYT lawsuit was rejected by a federal judge over its length and political rhetoric, as Trump's legal team has 28 days to refile a shorter version as the $TRUMP coin experiences a sell-off. The post Trump’s $15B NYT Lawsuit Rejected but Refiler Twist Triggers $TRUMP Coin Selloff appeared first on Cryptonews.

The regulatory landscape for digital assets is shifting fast, with Washington and London both initiating major changes. From a softer enforcement stance at the SEC to Trump’s renewed push for corporate reporting reform, and the forging of a transatlantic crypto alliance, here’s what you need to know this week. The post Weekly Crypto Regulation News: Trump’s SEC Shakeup, UK–US Alliance appeared first on Cryptonews.

Stephen Miran has made few public statements on crypto or blockchain, but signaled in interviews before joining the Trump administration that he would support digital assets. The US Senate Banking Committee has advanced the nomination of Stephen Miran to a temporary position on the Federal Reserve Board of Governors after another member resigned in August.  In a Wednesday meeting, the banking committee voted along party lines, 13 to 11, to advance Miran’s nomination to the full Senate for consideration. All Democrats voted against the potential Fed governor, while Republicans, in the majority, voted in favor. Miran, whom President Donald Trump picked to chair the Council of Economic Advisors in December, said during a hearing last week that he would not resign from his role advising the White House if his time as a Fed governor were extended past January. If confirmed, he would fill a term vacated by Fed member Adriana Kugler, ending on Jan. 31.   Read more

Democrat lawmakers have introduced a comprehensive legislative blueprint aimed at reshaping U.S. digital asset regulation, proposing to close longstanding gaps in crypto oversight and restore investor confidence in the nearly $4 trillion market, according to a newly released framework. The proposed plan would grant the Commodity Futures Trading Commission (CFTC) full jurisdiction over spot markets […] The post Democrats unveil new market framework to counter Trump’s crypto footprint appeared first on CryptoSlate.

Truth Social has shifted to Cronos via Crypto.com for its rewards, converting gems to CRO and shelving a native token. TMTG has announced a $105M CRO purchase and pursued a Bitcoin–Ethereum ETF, while rolling out editing, scheduling, drafts, history, and enhanced search. The post Trump’s Truth Social Ditches Own Token Plan – Adds $CRO Instead appeared first on Cryptonews.

CZ has led Polymarket’s 2025 pardon market at 35%, ahead of George Santos and Roger Ver. He has pleaded guilty and has stepped down from Binance, has filed a request for a pardon, and Democratic senators including Elizabeth Warren have sought details on Binance–Trump links. The post ‘CZ’ Widely Favored To Be Pardoned By Trump, Polymarket Bettors Predict appeared first on Cryptonews.

The Trump family fortune soared this week amid heightened volatility, but the price of ABTC and WLFI have since retraced by double-digits. The family of United States president Donald Trump grew their collective wealth by $1.3 billion this week amid the trading debut of mining company American Bitcoin (ABTC), and gains from World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol linked to the Trump family. World Liberty Financial has added $670 million to the Trump family’s net worth, and Eric Trump’s stake in ABTC, which he co-founded, was valued at over $500 million following the trading debut of ABTC on Wednesday, according to Bloomberg. The calculation measured the family’s net worth using market prices on Wednesday when shares of ABTC shot up to a high of $14 before collapsing by over 50% to a low of 6.24.  Read more

American Bitcoin Corp. (ABTC), backed by Donald Trump Jr. and Eric Trump, filed with the Securities and Exchange Commission (SEC) on Sept. 3 seeking to raise $2.1 billion through share sales. The filing follows a volatile Nasdaq debut that saw ABTC stock surge 91% in one hour before crashing lower than the opening price by […] The post Trump brothers seek $2.1B raise via share sales amid American Bitcoin’s volatile Nasdaq debut appeared first on CryptoSlate.

Crypto options platform PowerTrade reports that traders are betting on a strong year-end rally in several altcoins, including SOL, XRP, TRUMP, HYPE, LINK.

Claude predicts continued strength across crypto markets. XRP adoption has accelerated, Memecore has rallied to near a $1B cap, and Trump memecoin has gained traction after WLFI’s launch. Meanwhile, Ethereum has reached a fresh high and Bitcoin has reclaimed $111K with sentiment leaning bullish. The post Leading AI Claude Predicts the Price of XRP, MemeCore and TRUMP by the End of 2025 appeared first on Cryptonews.

California Governor Gavin Newsom said he will intensify his attacks on President Donald Trump by launching a memecoin and expanding a wave of social media posts designed to parody the former president’s online persona, NBC Los Angeles reported. The governor made the revelations during a recent appearance as a guest co-host on the “Pivot” podcast […] The post California gov Gavin Newsom to launch memecoin to continue ‘trolling’ Trump appeared first on CryptoSlate.

The crypto company tied to the US president and his family unlocked 24.6 billion tokens, making their holdings worth about $5 billion. An entity tied to US President Donald Trump’s family now holds about $5 billion worth of World Liberty Financial’s governance token (WLFI) after a significant unlock on Monday.  According to World Liberty Financial’s website, DT Marks DEFI LLC and “certain family members” of Trump held 22.5 billion WLFI tokens. The company reported unlocking 24.6 billion WLFI tokens on Monday as part of a scheduled move to establish an initial circulating supply, briefly boosting the price to $0.40 before it fell to about $0.21 at time of publication. World Liberty previously said the holdings of its founders — including Trump and his three sons, Donald Trump Jr., Barron Trump and Eric Trump — would initially remain locked. However, Monday’s unlocking effectively gave the Trump family’s stake a valuation of about $5 billion based on the WLFI price at the time of publication. Read more

Trump-backed World Liberty Financial is now available on the Ethereum mainnet – World Liberty Fi Price Prediction shapes up to be the next 1,000x moonshot. The post World Liberty Fi Price Prediction: Trump’s $40B Coin Set to Drop – Is WLFI the Next 1,000x Moonshot? appeared first on Cryptonews.

Bitcoin and Ether ETFs saw outflows on Friday after the Fed reported rising core inflation, driven in part by Trump’s tariff policies. Spot Bitcoin and Ether ETFs recorded outflows on Friday as the Federal Reserve released key inflation data showing price pressures are creeping higher under President Donald Trump’s trade policies. According to SoSoValue data, Ether (ETH) ETFs saw a net outflow of $164.64 million, reversing five straight days of inflows that had added more than $1.5 billion to the asset class. Bitcoin (BTC) ETFs also turned negative with $126.64 million in net outflows, their first daily loss since Aug. 22. Total assets under management dropped to $28.58 billion for Ethereum and $139.95 billion for Bitcoin. Read more

China’s control over crypto liquidity and its buying power gives Beijing unprecedented leverage over the Trump family’s digital fortune. Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association China’s control over cryptocurrency liquidity in Hong Kong gives it unprecedented power over the Trump family’s crypto wealth. This leverage lets Beijing influence the family’s financial fate — and potentially US-China relations — through market moves. As Eric Trump visits Hong Kong, this crypto-political nexus signals a new era of global power. Cryptocurrency is no longer seen as just the new financial innovation around the block. Virtual assets have become powerful geopolitical instruments determining the fates of nations.  Read more