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$BTC $ETH $XRP What you should know is that some prominent Democrats, such as Chuck Schumer, Elizabeth Warren, and Jeff Merkley, have decided to propose an amendment to the GENIUS stablecoin bill. Why? Because they want to prevent any US president, such as Donald Trump, from personally profiting from these currencies. The reason behind this amendment is that Trump and his three children are associated with a digital platform called World Liberty Financial, through which they launched a stablecoin called USD1 in March. This means that if the bill passes without amendment, Trump could benefit financially because it would legitimize this currency. The controversy intensified when an Abu Dhabi investment firm announced it would use USD1 to transfer $2 billion to the Binance exchange. This simply means that the Trump family could profit from the fees paid for these transactions. There was also a private dinner Trump hosted at his golf club, to which he invited approximately 220 people who had purchased large amounts of his cryptocurrency, Meemcoin. Democrats say this secret banquet is being used to buy influence; Whoever pays the most gets the chance to sit down with the president and discuss sensitive matters. It has even been reported that some attendees may request privileges related to national security. Senator Chris Murphy described this dinner as one of the worst examples of corruption, saying that the guests had purchased access to the president with their own money. As of press time, there has been no comment from the White House on this matter. Simply put, you are facing a complex political situation, with a clear conflict of interest and attempts to prevent the use of cryptocurrencies as a tool for purchasing political influence. If you own Trump Coin or his stablecoin, beware.
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$BTC $ETH A huge whale š³ opened a long position with 25x leverage on $ETH at an entry point of $2666.31, with a total value of $60.4 million.
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$BTC $ETH $XRP A whale deposited $4 million USDC into the HyperLiquid exchange and opened a short position on BTC with 15x leverage. Opening the shorts minutes before Trump announced tariffs on Europe šš
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$BTC $ETH $XRP Lost $9.5 million š«” because of Trump. Long deal liquidated
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$BTC $ETH $XRP š«” 3 billion short contracts will be liquidated when Bitcoin reaches $120,000!
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