Economist and Bitcoin skeptic Peter Schiff questioned the price increase of Bitcoin mere days before U.S. President Donald Trump’s State of the Union address. The price of Bitcoin had risen by over $2,000 in the previous week, reaching close to $66,000 as traders bet on event-driven sentiment. Schiff expressed his
US President Donald Trump appeared in the State of the Union Address, wherein he covered several topics. However, it was the crypto segment that took a few notes for a reaction hours after the session concluded. Cryptocurrencies recorded a surge in their respective values. There was a hint of being
The US Supreme Court has struck down tariffs imposed by US President Donald Trump; however, there is still uncertainty worldwide about his next steps. For the crypto market, the sentiment has brought massive dips, with the collective market cap heading over to the $2 trillion mark. Gold and Silver have,
Within the severe downside anxiety, most of the crypto tokens are facing mixed signals. This uncertain sentiment is reflected in their price action. The largest asset, Bitcoin (BTC), hovers around $68.1K, and the largest altcoin, Ethereum (ETH), trades at $1.9K. Among the altcoins, OFFICIAL TRUMP (TRUMP) has moved down with
The United States is moving closer to finalizing the cryptocurrency regulations, as President Donald Trump signals that the crypto bill could pass soon. The proposed legislation, known as S.3755/H.R.3633, aims to clearly define how digital assets are regulated, and lawmakers say that this could provide the long-needed clarity for the
Kraken, a US-based crypto exchange, has promised to back President Donald Trump’s “Trump Accounts” move in Wyoming. Kraken has officially announced on February 16 that the exchange will sponsor Trump Accounts for every child born in Wyoming in this year by making a financial contribution to each eligible account as
The parent company of Truth Social filed a document with the Securities and Exchange Commission for listing two cryptocurrency exchange-traded funds. The documents indicate that the two funds will track the price movements of Bitcoin and Ether tokens. FMWA Funds is the sponsor of the two ETFs and will be
A US House scrutiny has shifted everyone’s attention to World Liberty Financial, a Trump-associated crypto venture. The shift is due to the latest report of a $500 million UAE-associated stake agreed soon before the inauguration of Donald Trump. A Democrat from California, Representative Ro Khanna, the ranking member of the
US President Donald Trump has denied any knowledge of a $500 million investment by an Abu Dhabi company in WLFI. The World Liberty Financial is a cryptocurrency firm that has ties to Trump and members of his family. When asked about the matter, Trump claimed he did not know, stating,
Official TRUMP Coin traded near $4.24, up about 2.66% over the past 24 hours, but the broader trend remains weak. The token is still down around 12% on the weekly timeframe and nearly 20% over the past month, showing that recent gains have not changed the overall direction. TRUMP is
