#TrumpTariffs #AmericanBitcoinLaunch
1. Trump Family Ventures into Bitcoin Mining:
The Trump family has partnered with bitcoin miner Hut 8.
Eric Trump and Donald Trump Jr.'s firm, American Data Centers, will merge with Hut 8 to form American Bitcoin.
Eric Trump will serve as the chief strategy officer of the new entity.
2. MicroStrategy's Significant Bitcoin Acquisition:
MicroStrategy invested $1.9 billion to buy more Bitcoin, raising its total holdings to 528,185 BTC (~2% of the total supply).
Despite Bitcoin’s recent price dip, MicroStrategy’s market value remains high.
3. President Trump's Pardons for BitMEX Co-Founders:
President Donald Trump pardoned BitMEX co-founders Benjamin Delo, Arthur Hayes, and Samuel Reed.
They had pleaded guilty in 2022 for violating anti-money laundering laws.
The move reflects the administration's pro-crypto stance.
4. Cryptocurrency Market Trends:
Bitcoin is holding above $83,000, and altcoins are gaining up to 6%.
Institutional interest continues to fuel market momentum.
5. Ethereum Reclaims Top Spot in Decentralized Exchanges (DEXs):
Ethereum has overtaken Solana as the leading blockchain for DEXs.
This shift highlights Ethereum’s strong position in DeFi.
6. Surge in Crypto-Related Cyberattacks:
Crypto hacks increased 131% year-over-year in Q1 2025.
Total losses from hacks reached $1.63 billion.
Security remains a top concern for crypto investors.