🪙 Trump’s Crypto Influence & Market Moves
Trump Media adds more Bitcoin: Trump Media & Technology Group reportedly bought 451 BTC (~$40M), bringing its total holdings above 11,500 BTC (worth over $1B) — this latest on-chain purchase boosted Trump Media’s stock price on crypto news.
bitbo.io
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Congress expected to send crypto bill to Trump: A landmark cryptocurrency bill (potentially major federal crypto legislation) is reportedly ready to be sent to Trump after Senate action — markets are watching this closely.
CryptoRank
⚖️ Ethics & Enforcement Controversy
Senior DOJ official tied to crypto enforcement halt: A top Trump administration official (Todd Blanche) is under scrutiny after halting DOJ crypto enforcement actions while still holding significant crypto investments — critics say this posed conflict-of-interest issues.
The Daily Beast
📉 Market Effects Tied to Trump-Linked Entities
Eric Trump’s crypto firm slide: American Bitcoin Corp (backed by Trump’s son Eric) experienced a significant share price drop (~40%) amid the broader “crypto winter.”
The Guardian
Controversy around $TRUMP token: The politically branded $TRUMP memecoin remains contentious — with some arguing it influenced voting outcomes and crypto sentiment, fueling debate over politics-linked tokens.
CryptoSlate
📊 Policy & Regulation Context
Trump’s crypto-friendly policy backdrop: Since taking office, Trump has supported clear crypto laws and eased some regulatory actions, helping bootstrap broader adoption and institutional interest.
Insurance Journal
Crypto market performance under Trump: Bitcoin and other major coins saw large gains after Trump’s 2024 election win, partly attributed to a more welcoming U.S. regulatory stance.
Reuters
Bottom Line:
Donald Trump remains a major influence on the crypto landscape — from policy and regulatory direction to actual market behavior and investments, including big Bitcoin buys by Trump-linked firms and a push for federal crypto legislation. $BTC
