DonaldJTrump

Eric Trump and Donald Trump Jr. are distancing themselves from the recently launched cryptocurrency wallet named Trump Wallet, which is being marketed as an official product tied to their family. Both sons of the former U.S. president have strongly criticized the project, claiming it was launched without their consent and warning of upcoming legal action.

Unauthorized Link to TRUMP Memecoin
The wallet, launched by Magic Eden in collaboration with its subsidiary Slingshot and the team behind the $TRUMP memecoin, was advertised as “the official wallet for real Trump supporters.” The promotional campaign was rolled out across social media, and Magic Eden CEO Jack Lu even confirmed its legitimacy on platform X.
This prompted a fierce reaction from the Trump family—specifically Donald Trump Jr. and Eric Trump—who stated that they had never heard of the wallet and gave no approval whatsoever. Eric Trump publicly warned Magic Eden that using their family name without permission is “extremely risky.”

Lawsuit in the Works and Competing Project
Eric Trump told the New York Times that the family's legal team is preparing to take the case to court, emphasizing that no agreement exists between the Trumps and Magic Eden. Simultaneously, Don Jr. revealed that World Liberty Financial (WLF)—a crypto venture run by the Trumps—is about to launch its own official wallet.
This development could lead to confusion, as two different Trump-branded wallets may coexist in the market—one of which is unaffiliated with the actual Trump family.

Memecoin Sparks Senate Inquiry
The original $TRUMP token is managed by Fight Fight Fight LLC, a company owned by Trump’s longtime associate Bill Zanker. Although the wallet’s website mentions an affiliation with CIC Digital (linked to the Trump Organization), the terms and conditions state that the Trump family bears no responsibility for the token’s distribution.
The ambiguous setup has caught the attention of U.S. lawmakers. The U.S. Senate Permanent Subcommittee on Investigations has opened an inquiry into potential conflicts of interest, market manipulation, and foreign influence. The committee is especially focused on how 80% of the token supply is held jointly by CIC Digital and Fight Fight Fight, with a three-year unlock schedule.

Deleted Account and Price Spike
The X account @TrumpWalletApp, which promoted the wallet, has since been suspended for violating platform rules, though specific reasons were not disclosed.
Interestingly, Magic Eden’s token $ME saw a more than 20% increase amid the wallet controversy, though it remains over 94% below its all-time high. This price action highlights how quickly media attention can influence the crypto market—even if only briefly.

#TrumpWallet , #EricTrump , #DonaldJTrump , #CryptoNewss , #TRUMP

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#DonaldJTrump
U.S. President Donald Trump confirmed on Tuesday that he does not intend to fire the chairman of the Federal Reserve, Jerome Powell, asserting that he has "no intention" of doing so.

Trump strongly attacked Powell last week for what he described as the Federal Reserve's "too delayed" stance on lowering interest rates, but the president's sharp attack led to a decline in stock and bond prices, as investors feared that the independence of the Federal Reserve was at risk.

In an unprecedented leap, Bitcoin has shattered expectations by surpassing the $100,000 threshold for the first time in its history, marking a significant milestone in the journey of cryptocurrencies toward mainstream financial acceptance. This remarkable surge comes on the heels of Donald Trump's recent presidential election victory, with his pro-cryptocurrency policies fueling a wave of optimism among investors.

Trump's administration has been vocal about transforming the United States into the "crypto capital of the planet", promising a regulatory environment more conducive to digital assets. Key developments include the nomination of Paul Atkins, a known crypto advocate, to head the Securities and Exchange Commission (SEC), alongside plans for a dedicated White House crypto policy role and Trump's own crypto venture, World Liberty Financial. These gestures have not only bolstered investor confidence but have also led to a significant influx of institutional and retail money into Bitcoin and related assets.

However, this bullish wave isn't without its undercurrents of caution. Amidst the celebration, there's a palpable sense of market volatility. Analysts and seasoned investors are bracing for potential corrections, with some forecasting a possible retreat to price points around $91,000. This bearish sentiment is driven by concerns over Bitcoin's sustainability at such heights, the potential for profit-taking, and the inherent volatility of the cryptocurrency market.

The market's reaction to these developments is a testament to the dual forces shaping the crypto landscape: on one side, the promise of regulatory clarity and institutional adoption; on the other, the ever-present risks of speculation and market corrections. The total value of the cryptocurrency market has almost doubled over the year, reaching a record close to $3.8 trillion, showcasing Bitcoin's trajectory from a niche digital asset to a formidable player in global finance.

As Bitcoin navigates this new chapter, investors are at a crossroads, weighing the prospects of further growth against the backdrop of potential downturns. This moment could very well define the next era for Bitcoin, with the market's direction hinging on the balance between policy-driven optimism and the natural cycles of market correction.

In conclusion, while Bitcoin's ascent past $100,000 heralds a new phase of legitimacy and acceptance, the path forward remains fraught with both opportunity and uncertainty. Investors are reminded of the speculative nature of cryptocurrencies, where today's gains might not guarantee tomorrow's stability.
#BTCMove #BTC #DonaldTrump #DonaldJTrump #BTC100K

On January 23, 2025, President Donald Trump signed a pivotal executive order aimed at positioning the United States as a global leader in the cryptocurrency space. The order outlines a comprehensive roadmap for digital asset regulation and outlines a strategy for fostering innovation in the crypto sector. It emphasizes the critical role that the digital asset industry plays in driving U.S. economic growth, technological advancement, and global leadership.

𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞 𝐎𝐫𝐝𝐞𝐫:

The executive order emphasizes the need for a structured approach to the growth and regulation of digital assets, including blockchain technologies. Central to this initiative is the creation of the "Presidential Working Group on Digital Asset Markets," tasked with developing a federal regulatory framework, particularly for emerging assets such as stablecoins. In addition, the order hints at the possibility of establishing a “strategic national digital assets stockpile,” potentially signaling the first steps toward building a U.S. Bitcoin reserve, a concept previously mentioned by Trump at the 2024 Bitcoin conference in Nashville.

𝐁𝐚𝐧𝐧𝐢𝐧𝐠 𝐂𝐞𝐧𝐭𝐫𝐚𝐥 𝐁𝐚𝐧𝐤 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐂𝐮𝐫𝐫𝐞𝐧𝐜𝐢𝐞𝐬 (𝐂𝐁𝐃𝐂𝐬) 🔥

A noteworthy aspect of the executive order is Trump’s firm stance against Central Bank Digital Currencies (CBDCs), which he argues would grant the government “absolute control over your money.” This policy aligns with his earlier campaign statements and financial views, where he pledged to oppose the development of CBDCs. This executive action further solidifies Trump’s crypto-friendly approach, reinforcing his administration’s commitment to supporting decentralized technologies while rejecting government-controlled digital currencies.

𝐀 𝐒𝐡𝐢𝐟𝐭 𝐓𝐨𝐰𝐚𝐫𝐝𝐬 𝐚 𝐂𝐫𝐲𝐩𝐭𝐨-𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐅𝐮𝐭𝐮𝐫𝐞🚨

In line with these efforts, Trump’s administration has already made significant strides in supporting the cryptocurrency industry. A task force was created on January 21, 2025, aimed at streamlining cryptocurrency regulations, complementing the SEC’s own "crypto task force." This initiative seeks to create clear, consistent legislative frameworks to regulate crypto assets. Trump also made headlines by pardoning Silk Road creator Ross Ulbricht, and launching a lighthearted joke coin, $TRUMP , on January 17, 2025. These moves reflect a broader trend of embracing the cryptocurrency space and signaling a shift toward a more crypto-friendly regulatory environment in the United States.
#TRUMPTokenWatch #DonaldJTrump $TRUMP