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Crypto

All articles tagged with #crypto

Christie Calls Trump’s Crypto Windfall a Putin-Style Grift
politics3 days ago

Christie Calls Trump’s Crypto Windfall a Putin-Style Grift

Christie used ABC's This Week to attack Donald Trump after a federal ethics filing showed Trump earned about $1.4 billion in 2025 from crypto ventures, including more than $500 million from World Liberty Financial and $635 million from the Trump meme coin, plus millions from media settlements, Trump-branded watches, Bibles, sneakers and NFTs. He framed the windfall as Putin‑style corruption and warned the scale could trigger Emoluments Clause concerns, while Trump and White House aides push back on conflicts of interest.

Trump Defends Crypto Wealth as Critics Call It Presidential Graft
politics4 days ago

Trump Defends Crypto Wealth as Critics Call It Presidential Graft

Trump says he’s for crypto as disclosures show he earned over $2.2B in 2025, about $1.4B from crypto ventures including a TRUMP memecoin and a family-backed firm. He defended crypto in the Oval Office while critics—including the Wall Street Journal, which called the deals “honest graft”—raised concerns about using the presidency for family profit; Fox News aired scrutiny of the matter. The article also notes the broader controversy around meme-coin losses and mentions stock moves tied to his remarks, such as Dell stock activity.

Outrage grows as Trump’s $1B crypto windfall coincides with presidency
politics7 days ago

Outrage grows as Trump’s $1B crypto windfall coincides with presidency

Guardian interviews with more than 400 Americans reveal widespread anger at President Trump's crypto-related earnings, including about $1.1 billion from World Liberty Financial and CIC Digital LLC, part of total earnings over $2.2 billion last year; critics call it a grift and warn of conflicts of interest, while Trump and White House insist there are no conflicts; the findings highlight concerns that vast wealth from the presidency amid rising living costs signals corruption and threatens democracy.

Democrats plot subpoenas over Trump's multi-billion-dollar finance network
politics-and-policy8 days ago

Democrats plot subpoenas over Trump's multi-billion-dollar finance network

Democrats are preparing a sweeping congressional audit of President Trump and his inner circle, aiming to use subpoenas to scrutinize his $2.2 billion financial disclosure, which includes crypto ventures, royalties, licensing deals, and foreign arrangements. They intend to target Trump family members, appointees, and allies who can be compelled to testify, arguing the sprawling portfolio raises conflicts of interest. Trump defends the investments as managed by outside advisers, while Republicans warn the probes could become a partisan fishing expedition amid a broader anti-billionaire push in U.S. politics.

Crypto diplomacy pays off: Pakistan wins access to the Trump White House
world8 days ago

Crypto diplomacy pays off: Pakistan wins access to the Trump White House

Pakistan’s MoU with World Liberty Financial to explore its USD1 stablecoin for cross-border payments yielded diplomatic value more than immediate payments: no pilots or licenses have materialized, but the deal secured high-level access to the Trump administration amid regional tensions and the Iran war. Pakistan’s booming crypto market and a new regulator (PVARA) exist, yet practical hurdles—licensing delays, banking onboarding, and the need to convert USD1 to dollars—complicate rollout, making the payoff largely about access rather than a quick policy win.

Trump’s Billion-Dollar Windfall: Crypto Fees Far Outpace Investor Gains
business8 days ago

Trump’s Billion-Dollar Windfall: Crypto Fees Far Outpace Investor Gains

CNN reports that Donald Trump launched the $TRUMP memecoin ahead of his inauguration, and while most investors in the token lost money as its value collapsed, Trump’s companies collected hundreds of millions in transaction fees, licensing revenue, and token sales. The Trump Organization affiliates reportedly control about 80% of the supply, allowing him to profit from the token’s market activity regardless of price moves. Overall crypto gains attributed to 2025 largely came from these crypto-related revenue streams rather than direct investments, even as the broader market saw a sharp decline from peak valuations.

Trump Reveals $1.2B Crypto Windfall, $50M in Bitcoin Holdings
politics9 days ago

Trump Reveals $1.2B Crypto Windfall, $50M in Bitcoin Holdings

U.S. Ethics officials’ 2025 financial disclosure shows President Trump earned more than $1.2 billion from crypto ventures, including over $50 million in Bitcoin and between $5 million and $25 million in Ethereum, plus about $635 million from royalties tied to the TRUMP meme-coin on Solana and more than $588 million from World Liberty Financial token sales. The figures renew scrutiny from Democrats and fuel debate over crypto regulation and ethics language that would bar presidential involvement in crypto-related businesses, as lawmakers push the Clarity Act.

Strategy Overhauls Bitcoin Strategy, Plans Sales and Buybacks to Strengthen Reserves
business10 days ago

Strategy Overhauls Bitcoin Strategy, Plans Sales and Buybacks to Strengthen Reserves

The Bitcoin-treasury company Strategy (MSTR) is revamping its long-standing Bitcoin strategy to shift from a one-way capital approach to active capital management amid a crypto downturn. It plans to sell up to $1.25 billion of Bitcoin to fund a five-part framework: a US dollar reserve policy, a revised preferred-stock policy, a digital credit securities repurchase program, a common stock repurchase program (up to $1 billion), and a Bitcoin monetization program. The board will require reserves equal to at least one year of preferred-dividend payments, enabling up to $1 billion in preferred stock repurchases and up to $1 billion in common stock buybacks. With about $2.55 billion in USD reserves today, the sale could lift total reserves to roughly $3.8 billion, providing a cushion for dividends and interest. Strategy owns about 3% of all outstanding Bitcoin, and CEO Phong Le says the changes aim to create shareholder value through more flexible capital management.

Trump’s 2025 disclosures reveal $1.4B in crypto earnings tied to meme coins and licensing deals
politics10 days ago

Trump’s 2025 disclosures reveal $1.4B in crypto earnings tied to meme coins and licensing deals

Trump’s 2025 ethics disclosure shows more than $1 billion in crypto earnings for the year, driven largely by a licensing deal with a meme-coin group called Celebration Coins that netted about $635 million. The filing also lists hundreds of millions from crypto token sales and wallet income tied to World Liberty Financial, plus about $80 million in settlements with ABC, CBS, Meta, YouTube and others; Trump has not placed assets in a blind trust.

Crypto Adoption Divides the Aisle: Republicans Lead Democrats, Pew Poll Finds
politics19 days ago

Crypto Adoption Divides the Aisle: Republicans Lead Democrats, Pew Poll Finds

Pew Research Center finds 22% of Republicans have invested in or used crypto, vs 17% of Democrats, with GOP adoption rising since 2021 and aligned with Trump's crypto embrace. Gender and age shape who trades crypto—about 74% of crypto traders are men, especially young men. Morning Consult data show the partisan gap peaked in 2025 (27.9% Republicans vs 17.3% Democrats) and later narrowed to about five points (23.6% vs 17.7%).

Robinhood trims 10% of staff, targets leaner operation with $28M restructuring hit
companies24 days ago

Robinhood trims 10% of staff, targets leaner operation with $28M restructuring hit

Robinhood is cutting about 10% of its workforce to flatten management and speed product development, with expected restructuring charges totaling $28 million—$20 million of cash severance and $8 million in stock-based compensation to be recognized in Q2 2026. The move follows weakness in its crypto business and general digital-asset contraction, though the company says it remains financially strong and will hire strategically in priority areas; it is also pursuing growth through the $180 million WonderFi acquisition and expansion into prediction markets.