Wealthy foreign crypto investors descend on President Trump' | user9314 on Binance Square

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Wealthy foreign crypto investors descend on President Trump's golf club for $148 million meme coin dinner
Top-25 meme coin holders enjoyed private VIP reception with Trump
Democratic lawmakers demand attendee names, citing foreign influence concerns
Profits favor big investors, smaller wallets face significant losses
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Trump’s CFTC pick calls for comprehensive crypto rules in nomination hearing: CNBC Crypto World $BTC $XRP On today’s episode of CNBC Crypto World, major cryptocurrencies climb as investors wait for more insight on trade discussions between the U.S. and China. Plus, Brian Quintenz, President Trump’s pick to lead the U.S. Commodity Futures Trading Commission, prepares to testify before the Senate. And, Matt Hougan, Bitwise Asset Management CIO, discusses the launch of the asset manager’s new GameStop-focused covered call ETF.

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Crypto Price Today (June 9): Bitcoin Climbs to $108K, Eying New High; Ethereum Rally Continues $BTC $XRP $ETH Setting a bullish stance for a new weekly session, the cryptocurrency market spiked with a steady upward momentum today, with Bitcoin breaking past $108,000 and Ethereum sustaining its robust rally. Investors are closely and cautiously watching the market as the institutional interest an Bitcoin Surges Past $108K, New High This Week? Bitcoin (BTC) has surged past the $108K mark today, marking a 2.16% increase over the past 24 hours, with a trading volume of nearly $49.79 billion. After breaking above a descending trendline over the weekend, BTC is now testing resistance levels, with analysts predicting a potential push toward $110,000 while likely marking a new all-time high later this week. At the time of writing, Bitcoin is trading near $108,454—barely 3.15% away from the all-time high of $111,970, recorded on 22 May. The current rally follows a wave of institutional backing, including Strategy’s recent 1,045 BTC purchase, TBG’s $340M commitment, and Japan’s ANAP announcement to buy 1,000 BTC. Ethereum Continues Spiking Ethereum (ETH) has continued riding a strong upward trend, with it surging past $2,550 and showing no signs of slowing down. Narratives like BlackRock’s acquisition of over 150,000 ETH in just 10 days signal robust institutional demand for Ethereum. ETH’s rally is partly attributed to broader market optimism and technical breakouts, with prices eyeing $2,600–$2,700 as the next target. Altcoins Show Uncertainty While Bitcoin and Ethereum lead the charge, altcoins display varied performances, contributing to a dynamic market landscape. Solana (SOL) is exhibiting strength and trading near $156, whereas XRP is holding onto the $2.3 price mark. Among top performers, KAIA, Fartcoin, and TAO are leading, while DEXE is a top losing altcoin today, with it declining over 12% in the past 24 hours. Trending Crypto Today BTC (Bitcoin) ETH (Ethereum) TRU (TrueFi) HUMA (Huma Finance) PEPE (Pepe)

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Crypto latest update: Ethereum, Solana, Tether $ETH $SOL $USDC The cryptocurrency market cap on June 9 is at $3.29 trillion – up 0.19 per cent compared to last close, with 24-hour trade volume of $91.36 billion — also up 6.76 per cent. Further, the second largest crypto, Ethereum was down by 0.74 per cent to $2,496.86, but still within the $2,400 range. Its market cap is at $301.5 billion, also down 0.89 per cent, while trading volumes rose 8.31 per cent to $12.41 billion. Dominance of Ethereum is at 9.2 per cent of the crypto market.

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$ETH Rising Popularity of Ethereum ETFs in 2025 $ETH $BTC Ethereum ETFs are gaining significant traction in 2025, with a chart shared by Nate Geraci indicating consistent inflows for 14 consecutive days, marking the longest streak of the year. This trend is attracting attention from both institutional and retail investors, reflecting a shift in market sentiment towards Ethereum's tokenization potential. Traditional finance is increasingly embracing tokenization, with Ethereum being a key player in this transition. The steady rise in fund movement signals a growing demand for Ethereum exposure through regulated products, highlighting investors' increasing comfort with digital assets in a fund format. While Ethereum ETFs are seeing substantial inflows, Bitcoin ETFs are experiencing outflows, possibly due to market pressures. The data suggests evolving investor preferences towards Ethereum, driven by its diverse use cases in tokenization and DeFi. This surge in Ethereum ETF inflows, totaling $743 million in 2025, signifies the integration of digital assets into mainstream finance, a trend likely to continue as more institutions adopt Ethereum-based solutions.

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NFT Artist's Tax Ordeal Turned Musical Tale The fallout between President Donald Trump and Elon Musk has inadvertently affected the MASK Network (MASK) token. The once crypto-friendly relationship between the two billionaires fueled politically aligned meme coins, but now retail traders are exiting the ecosystem. As tensions escalated between Trump and Musk, the MASK token price plummeted by 45% in just one day. Other tokens like KBBB and MUSK also experienced significant drops. Despite strong fundamentals, the MASK token is facing panic selling due to waning meme-fueled speculation. Analysts suggest that the project may need to refocus on its core utility narrative to overcome the current volatility. However, some traders remain optimistic about MASK's future, especially considering historical price patterns and the Relative Strength Index indicating potential upward momentum. Lates News

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