DONALD TRUMP CRYPTOCURRENCY
Highlights from Trump's business and income disclosure
Donald Trump's financial disclosure reveals over $600 million in income from diverse ventures, including crypto, golf clubs, and licensing deals. His foray into NFTs and First Lady Melania Trump's NFT collection contributed significantly. Revenue from golf resorts, particularly Trump National Doral, and overseas licensing fees also boosted his wealth, with investments primarily in fixed income.
Trump's earnings: $57 million in crypto, $217 million from Florida golf clubs
Donald Trump's financial disclosure reveals significant income from diverse assets, including $57.35 million from cryptocurrency ventures and 15.75 billion governance tokens. His Florida golf resorts and Mar-a-Lago generated over $217.7 million. Additionally, he reported $5 million in license fees from a Vietnam development. The disclosure also covers holdings in Trump Media & Technology Group.
Trump reports hundreds of millions of dollars from crypto, golf, licensing fees
Donald Trump's financial disclosure reveals substantial income from crypto ventures, golf clubs, and licensing deals. The report, seemingly covering 2024, highlights his crypto push, including significant fees from a meme coin and decentralized finance. Trump's properties, especially golf resorts, generated considerable revenue.
Trump reports tens of millions in income from crypto ventures
Trump reported $57.35 million from token sales at crypto firm World Liberty Financial. He also reported holding 15.75 billion governance tokens in the venture. The annual report was signed as of June 13, but it was not immediately clear what time period it covered.
US stock market: Nasdaq, Dow Jones, S&P 500 crash; Top gainers, top losers
US stock market closed in red as ten of the 11 S&P 500 sector indexes declined, led lower by financials, down 2.06 per cent, followed by a 1.5 per cent loss in information technology.
Coinbase adds former top Obama and Harris adviser Plouffe as it broadens its political reach
David Plouffe, a top Democratic strategist best known as an architect of Barack Obama's successful 2008 presidential campaign, is the latest addition to the council, joining as the cryptocurrency industry plays an increasingly prominent role in shaping fast-moving legislation in Congress.
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Mollycoddling Munir: What's Trump planning with Pakistan military?
Donald Trump's administration, once critical of Pakistan for allegedly harboring terrorists, now seeks closer ties, evidenced by General Munir's invitation to a US military parade. This shift is driven by strategic considerations beyond counter-terrorism, including containing China's influence, leveraging Pakistan against India, and potentially securing its support amid escalating tensions with Iran.
Crypto exchange Binance opens trading to Syrians after US lifts sanctions
US president Donald Trump's administration made a surprise announcement last month on lifting sanctions against Syria, where an Islamist-led government took power after overthrowing former leader Bashar al-Assad in December. Trump said he took the decision at the behest of Saudi Arabia, which was a leading advocate for removing the sanctions.
Fox News clip goes viral as Trump aide can’t name one country with a U.S. trade deal — awkward silence ensues
Stephen Miran, a top economic advisor to US President Donald Trump, faced a tough moment on Fox News. He could not name the first country to finalize a trade deal with the United States. This raises doubts about Trump's trade agreements. The '90 deals in 90 days' deadline is approaching soon.
US stocks open higher as US-China trade talks begin
Wall Street's main indexes opened higher on Monday as investors watched a fresh round of negotiations between the United States and China aimed at mending a trade rift that has rattled financial markets for much of the year.
Democrats are drawing closer to the crypto industry despite Trump divisions
As Trump embraces crypto, hosting investors and backing a pro-industry agenda, Democrats face internal division over regulating digital assets. While some support the bipartisan GENIUS Act, others criticise its exclusion of presidential profit restrictions. Meanwhile, crypto lobbying surges, reshaping political power and influencing upcoming elections through massive campaign spending.
Global shares are mixed as investors await details from the US-China trade talks
Global markets were mixed as investors awaited U.S.-China trade talks. Asian stocks rose despite China's export slowdown and deflation. Wall Street gained on job data, with tech stocks leading. Oil prices dipped, and the US dollar weakened slightly.
Buyer with ties to Chinese Communist Party got VIP treatment at Trump crypto dinner
Trump launched a so-called meme coin, a type of cryptocurrency, just days before his inauguration. To bolster sales, the president's business partners created a contest in April, offering the coin's top buyers a tour of the White House and a private dinner with Trump at his Virginia golf club. The meme coin dinner engendered strong criticism from Democrats, government watchdogs and even some Republicans about the appearance of monetising the presidency for personal gain.
Gemini confidentially files for US IPO as crypto markets heat up
Gemini, run by the Winklevoss twins, has confidentially filed for a US IPO. This move comes as crypto firms see renewed market strength. Circle's recent successful debut has encouraged others. Experts say crypto firms should seize this opportunity. The IPO surge signals growing confidence in the crypto industry. This could bring more transparency and capital to the market.
If Elon Musk and President Donald Trump divorce, who gets Silicon Valley?
Elon Musk’s fallout with Donald Trump threatens Silicon Valley’s political ties, as tech leaders who followed Musk in supporting Trump may now face tough choices. Once seen as a key link between tech and Washington, Musk’s rift could jeopardise industry influence and benefits tied to AI, crypto, and satellite policy.
Crypto firm Gemini confidentially files for US IPO
Several high-profile companies, including those in high-risk sectors such as crypto and financial technology, have launched successful listings in recent weeks, reflecting pent-up demand.
Crypto Market Today: Bitcoin slips below $101,000 as Trump–Musk clash shakes sentiment; Ethereum down 6%
Bitcoin slipped below $101,000 amid macro uncertainty and Trump-Musk tensions, triggering a broader crypto sell-off. Altcoins and meme tokens tumbled, though institutional interest in Ethereum remains strong. Analysts see mixed signals, citing short-term volatility but long-term confidence due to rising network activity and weakening dollar.
Trump travel ban: Why did he spare Pakistan?
Trump's administration imposed a travel ban on 12 countries, excluding Pakistan. This is a shift from his earlier stance. Previously, Trump criticized Pakistan for harboring terrorists and cut aid. Now, he praises Pakistan and offered to mediate in Kashmir. This change may be linked to deals involving the Trump family and Pakistani entities.
Why did Trump exclude terror-hub Pakistan from travel ban: Brahma Chellaney hints at US' Deep State's anti-India stance
Geostrategist Brahma Chellaney has criticised Donald Trump’s latest travel ban for excluding Pakistan, a known terror hub, while targeting countries like Myanmar where the US reportedly supports rebels. Chellaney argues the decision reflects a US “Deep State” bias that protects strategic partners while punishing others.
ETtech Explainer: Why WazirX’s recovery plan hit a legal roadblock
Last year, ET reported that WazirX was hit by one of the biggest cyberattacks on an Indian crypto exchange. Hackers made off with more than $230 million worth of investor funds, nearly half of the platform's estimated reserves. Blockchain experts indicated possible involvement of the cybercriminal group Lazarus in the attack.
Trump Media advances Bitcoin ETF plans with Truth Social Brand
Trump Media & Technology Group is nearing the launch of a Bitcoin ETF under the Truth Social brand, pending regulatory approval. The ETF, sponsored by Yorkville America Digital, will invest directly in Bitcoin. This move aligns with President Trump's pro-Bitcoin stance, potentially attracting investors despite a crowded ETF market, while raising ethical concerns due to Trump's financial ties.
Is Trump unveiling a crypto wallet? His associates say yes. His sons say no.
Developers of Trump’s meme coin claimed to partner with Magic Eden to launch the "Official $TRUMP Wallet" for trading digital currencies. However, Donald Trump Jr. stated on X that the Trump family business has no involvement with the crypto product.
SEC Drops Lawsuit Against Binance, a Crypto Exchange
The SEC dismissed its lawsuit against Binance and Changpeng Zhao, signaling a retreat on crypto enforcement. This follows Zhao's guilty plea on money-laundering charges and a broader rollback of SEC regulations under the Trump administration. The Trump family's increasing involvement in the crypto industry, including deals and investments, raises conflict-of-interest concerns amid eased regulations.
US SEC dismisses lawsuit against Binance crypto exchange
The SEC sued Binance and Zhao in June 2023, accusing the exchange of artificially inflating trading volumes, diverting customer funds and misleading investors about its surveillance controls. Binance was also accused of unlawfully facilitating trading of several cryptocurrency tokens that SEC leadership during President Joe Biden's administration believed should have been registered as securities.
JD Vance says US should use bitcoin as an advantage in rivalry with China
Speaking at the Bitcoin Conference in Las Vegas, Vance applauded president Donald Trump's executive order in March that created a strategic bitcoin reserve with tokens already owned by the government. Crypto trading and mining has been banned in China since 2021. Digital assets have enjoyed a resurgence under president Donald Trump, who courted cash from the crypto industry on the campaign trail by pledging to be a "crypto president."
Trump's promise to make US world's 'crypto capital' to be a reality soon? Check details
Donald Trump's media company, TMTG, is reportedly planning to raise $3 billion for cryptocurrency ventures, including Bitcoin. This move follows Trump's vow to make the US a 'crypto capital' and his administration's efforts to loosen regulations on the industry. The capital raise is expected to be announced ahead of a major crypto investor meeting this week.
Why Fox News anchor Jessica Tarlov apologized 'to the entire world'
Jessica Tarlov, a Fox News anchor, has apologized for the impact of cable news. This came after Larry Sabato criticized television news coverage. The apology occurred during a podcast interview. Tarlov's statement preceded a heated discussion on 'The Five' regarding Joe Biden's health. The discussion also included Donald Trump's cryptocurrency operations.
From Melania’s Amazon documentary to Trump Jr.'s $500,000 club: How Donald Trump and his family are minting money
Donald Trump's family is under scrutiny for earning profits during his presidency. Ventures include Melania's documentary deal with Amazon for $40 million. The family also earned from cryptocurrency and plans for an exclusive club in Washington D.C. Donald Trump Jr. will open the club. A private jet gifted from Qatar also raises questions. These activities spark conflict of interest concerns.
Donald Trump sparks legal storm after flashing Presidential seal at controversial $TRUMP memecoin gala dinner
Donald Trump is under scrutiny for using the presidential seal at a private dinner for $TRUMP memecoin investors, potentially violating federal law. The event, held at Trump National Golf Club, raises concerns about ethical conflicts and possible foreign influence.
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