šŗšø Trump's Deepening Involvement in Crypto
$TRUMP Coin: Launched on January 17, 2025, $TRUMP is a meme-inspired cryptocurrency introduced by President Donald Trump. The coin experienced a rapid surge in value, reaching a market capitalization of over $27 billion within a day of its release. Trump's holdings in the coin have significantly increased his net worth, drawing criticism from ethics experts due to potential conflicts of interest.
World Liberty Financial: President Trump and his two eldest sons, Donald Trump Jr. and Eric Trump, are backing the crypto exchange World Liberty Financial. The exchange aims to provide financial services without intermediaries like banks.
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šļø Strategic Crypto Reserve
In March 2025, President Trump announced the creation of a U.S. Crypto Strategic Reserve, aiming to make the U.S. the "Crypto Capital of the World." The reserve includes cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA). This move caused a surge in the prices of these digital assets.
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š½ļø Exclusive Crypto Dinner
On May 22, 2025, President Trump is hosting a cryptocurrency-focused banquet at the Trump National Golf Club. The event is expected to gather top cryptocurrency investors and has stirred discussions about the intertwining of politics and digital assets.
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š Market Movements
Bitcoin's Surge: Bitcoin has reached a new all-time high of $109,487.23 on May 21, 2025, driven by bullish market trends and increased institutional interest.
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For more detailed insights and updates, you can explore the following resources:
TRUMP Coin: A Comprehensive Investment Outlook
Trump Welcomes Leading Cryptocurrency Investors At Banquet
Bitcoin hits new all-time high, nearing $109.5K