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Cryptocurrency

All articles tagged with #cryptocurrency

When money buys a vote: crypto billionaires push blockchain governance
world7 hours ago

When money buys a vote: crypto billionaires push blockchain governance

A BBC profile of Liberland highlights a libertarian, tax-free micronation backed by crypto billionaires like Justin Sun, using tokenized voting (Liberland Merits) so wealthier citizens wield more political influence and governance runs on blockchain; the piece ties Liberland to other crypto-backed experiments and thinkers who want to replace traditional government with blockchain-powered “corporate monarchies,” raising questions about democracy and wealth concentration.

Trump Memecoin Loses Billions for Retail Investors as President Reports Mega Earnings
politics3 days ago

Trump Memecoin Loses Billions for Retail Investors as President Reports Mega Earnings

Data from blockchain analytics firm Nansen shows about 66% of the 1.48 million wallets that bought the $TRUMP memecoin—roughly 988,905—had lost money by the end of June, totaling about $3.81 billion in losses, even as President Trump disclosed $636 million in earnings from the token. The losses largely fell on retail investors, with fewer than 500,000 people profiting, mostly early buyers, while insiders (including Trump-affiliated entities) hold a large stake and collect fees as trading continues.

Christie Blasts Trump’s Crypto Windfall as Putin-Style Graft
politics5 days ago

Christie Blasts Trump’s Crypto Windfall as Putin-Style Graft

Former New Jersey Governor Chris Christie criticized Donald Trump, comparing the president’s enormous 2025 profits from cryptocurrency to Putin-style corruption after ethics disclosures showed about $1.4 billion in crypto income, including over $500 million from World Liberty Financial and about $635 million from the TRUMP meme coin, along with additional seven-figure sums from settlements, watches, and other merchandise.

Gerber Frames Trump’s Crypto Windfall as a Million-Plus Losses Episode
politics8 days ago

Gerber Frames Trump’s Crypto Windfall as a Million-Plus Losses Episode

Ross Gerber highlighted a Wall Street Journal report alleging that more than 1 million people lost money on the TRUMP meme coin while Donald Trump profited, with about 2/3 of wallets that bought the token underwater (roughly 1.48 million holders) and 85% of secondary buyers in the red. The coin peaked near a $15 billion market cap before crashing about 97% to roughly $408 million, and Trump reportedly collected about $635 million in royalties last year. Trump defends the windfall as legal and stresses crypto’s importance, while critics including lawmakers push for tighter crypto regulation.

Trump says he was unaware of his family’s crypto fortune fueling big earnings
politics8 days ago

Trump says he was unaware of his family’s crypto fortune fueling big earnings

In a CNBC interview, President Trump says he didn’t know about his family’s cryptocurrency ventures that helped generate about $1.4 billion of his $2.2 billion income disclosed for 2025. The bulk came from nearly $800 million tied to World Liberty Financial and about $635 million from the sale of his TRUMP meme coins, with the president noting his sons manage the investments and that nothing illegal occurred. He also defended his stance on crypto and attributed wealth to market performance, while critics argue the White House benefited his personal finances.

Ross Gerber Ties Trump's $1B Crypto Windfall to Bitcoin's Decline
business9 days ago

Ross Gerber Ties Trump's $1B Crypto Windfall to Bitcoin's Decline

Renowned investor Ross Gerber links President Trump's reported $1B in crypto profits to Bitcoin's slump, saying 'the grift is real' and that Trump's windfall—over $1B in his first year via cryptocurrency ventures, including about $635M in royalties from the TRUMP memecoin and activity through World Liberty Financial—helps explain why Bitcoin 'went down and isn't going anywhere.' The piece notes political backlash and growing calls for crypto regulation, while BTC trades near $60,100 after a recent move.

Trump’s crypto windfall: a billion-dollar year from stablecoins and memecoins
business9 days ago

Trump’s crypto windfall: a billion-dollar year from stablecoins and memecoins

The Conversation piece claims Trump earned over $1 billion from crypto last year via three assets tied to World Liberty Financial: the USD1 stablecoin, WLFI governance token, and the $TRUMP memecoin. It explains USD1’s interest-earning model (backed by dollars and Treasury bonds), Binance’s involvement in USD1, a $2 billion UAE fund investment that boosted reserves, and significant profits from the memecoin venture, while noting investigations, regulatory scrutiny, pardons, and concerns about conflicts of interest.

Mar-a-Lago Revenue Boom Highlights Trump’s Business-Politics Nexus
politics9 days ago

Mar-a-Lago Revenue Boom Highlights Trump’s Business-Politics Nexus

New disclosures show record revenue at Trump’s Mar-a-Lago and Doral in 2025, boosted by a jump in membership fees and high-profile fundraising events, illustrating how his business assets intersect with his political role. The report also notes a surge in crypto income (TRUMP memecoin and World Liberty Financial) that now rivals earnings from his traditional real estate holdings, fueling ethics concerns about access and influence.

White House defends Trump ethics amid $1.2bn crypto windfall in 2025
politics10 days ago

White House defends Trump ethics amid $1.2bn crypto windfall in 2025

The White House dismissed conflict-of-interest concerns as Donald Trump reportedly earned about $1.2 billion from crypto ventures in 2025, including roughly $550 million from World Liberty Financial and $635 million in royalties from a TRUMP cryptocurrency licensing deal, helping lift his fortune toward about $6.5 billion; the report also notes the broader political context and related Supreme Court rulings on birthright citizenship, transgender athlete bans, potential AR-15 restrictions, and a Dallas convention planned by Republicans in September.

Trump's Crypto Windfall: Over $1.2B Earned, Bitcoin Holdings Surpass $50M
business10 days ago

Trump's Crypto Windfall: Over $1.2B Earned, Bitcoin Holdings Surpass $50M

President Trump's 2025 financial disclosure shows more than $1.2 billion in crypto earnings, including over $50 million in Bitcoin and $5–$25 million in Ethereum, plus about $635 million from royalties tied to a TRUMP meme coin on Solana and $588 million from World Liberty Financial token sales, highlighting the scale of his crypto ventures and stoking regulatory debate.

Trump's Crypto Windfall Fuels Net Worth Surge and Policy Push
politics10 days ago

Trump's Crypto Windfall Fuels Net Worth Surge and Policy Push

A 927-page annual disclosure shows President Trump earned more than $1.4 billion in 2025 from cryptocurrency ventures, including over $500 million from World Liberty Financial and about $635 million from selling Trump meme coins, helping to lift his net worth to roughly $6 billion as he pushes crypto-friendly policies such as a national strategic crypto reserve and the GENIUS Act; Democrats warn of conflicts of interest and are pressing for hearings on UAE investments in World Liberty Financial.

politics10 days ago

Trump’s Crypto Windfall: A $1.4B Chapter in 2025

Trump earned more than $1.4 billion in 2025 from crypto ventures, led by CIC Digital and World Liberty Financial, per a 927-page financial disclosure. The disclosures show the empire expanding into digital assets through licensing deals and token ventures around the $TRUMP memecoin, underscoring crypto’s central role in his business empire and shaping the debate over a sweeping crypto bill that Democrats argue should bar profit from office. The report also notes settlements with media giants and gifts, and while Trump’s posture shifted toward crypto, some investors have seen losses as the market cooled.