Breaking News: U.S. Surpasses China in Crypto, Says Trump, Amid Trump Token Controversy
In a bold statement, former U.S. President Donald Trump has declared that America is now leading China in the global crypto race. This announcement comes at a time when the Trump family is directly linked to the controversial Trump memecoin—raising serious ethical concerns across the political and financial landscape.
According to The New York Times (May 13, 2025), profits from the Trump token are reportedly flowing straight into the Trump family’s pockets. This revelation has only intensified scrutiny, especially as questions mount over the token’s true value and purpose.
Adding fuel to the fire, a struggling company with known Chinese connections has made headlines by investing a staggering $300 million into both Trump and Bitcoin. This unexpected move has sparked speculation about market manipulation and the potential inflation of the token’s price, despite its lack of tangible utility.
At the same time, the ongoing tariff tensions between the U.S. and China—reported by Reuters on May 14, 2025—are shaking up the crypto landscape. Some experts believe this economic clash could accelerate the decentralization of Bitcoin mining operations. However, China still maintains a strong grip, controlling a large share of the global Bitcoin hashrate, as noted by CCN in April 2025.
The crypto world is watching closely as politics, economics, and blockchain innovation collide in this unfolding drama.
