đ„ Trending Trump News (as of today)
1. âTrump Announces New Trade Deals Starting in Augustâ â Trump revealed that major trade agreements will roll out in August, potentially impacting global markets and crypto sentiment.
2. âTrump Pressures the Federal Reserve to Cut Ratesâ â Trump is calling for interest rate cuts, a move that could boost risk assets like Bitcoin and altcoins.
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Why is this hot for crypto?
SEC drops Binance lawsuit â Under Trumpâs cryptoâfriendly administration, the SEC dismissed its case against Binance, restoring confidence in the exchange.
Trump-linked stablecoin USD1 â Binance reportedly built the code for USD1, a stablecoin backed by a $2B UAE investment, and promoted it to its 275M users.
Memecoin surge â Trumpâs $TRUMP coin and USD1 stablecoin have generated billions in trading volume, drawing attention from both traders and regulators.
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Controversy angle
Lawmakers are raising ethical concerns over Trump using his influence to promote familyâlinked crypto projects.
Some critics call it âCrypto Week,â where Trumpâs political power and crypto ventures are blending in unprecedented ways.