Analysis Crypto by Thebittimes.Com

Donald Trump, financial felon and president of the United States seems about to launch an official cryptocurrency wallet affiliated with his official memecoin, according to a website highlighted by independent cryptocurrency researcher and journalist Molly White. This website advertises itself as the waitlist for the “Official $TRUMP Wallet by President Trump.” It is not clear exactly how much expertise and development skill that President Trump was able to supply to this project. It additionally claims that “Magic Eden partnered with GetTrumpMemes.com to create the first and only $TRUMP Wallet.” SCOOP: Trump to launch branded crypto wallet and trading application, encouraging his supporters to purchase his memecoin and other crypto assets. pic.twitter.com/Iv2yJ9TcyY — Molly White (@molly0xFFF) June 3, 2025 Read more: ANALYSIS: Mapping Donald Trump’s growing crypto empire Magic Eden is a popular NFT marketplace. GetTrumpMemes.com ...

In an era where multipolar currencies are gaining global momentum, the US dollar is already under significant pressure to keep its reserve currency status steady. On the other hand, many countries are already in line to strip the US dollar of its current stature by either supporting de-dollarization or looking forward to transacting with other currencies. Trump’s tariff regime has further weakened the dollar, putting catalytic pressure on the currency. Will the US dollar finally be on the verge of breaking down? Also Read: Gold Remains Well Supported as Central Banks Continue To Buy Deutsche Bank Predicts US Dollar Doom Source: Watcher Guru Deutsche Bank, a leading financial giant, has predicted a new ominous prophecy concerning the US dollar. Per a new Bloomberg report, the bank stated how the US dollar may soon lose its “safe haven status” if it continues to weaken and face challenges against the changing global order. “We do not write this lightly. But the speed and scale of gl...

US President Donald Trump could be at risk of civil or criminal penalties related to his $TRUMP memecoin if a new act proposed by House Democrats is passed into law. Democratic representative Samuel Theodore Liccardo revealed his Modern Emoluments and Malfeasance Enforcement (MEME) Act to ABC News on Thursday. The act would introduce civil and criminal penalties if the president, vice president, their family, congress members, or executive branch officials launch, promote, or sponsor digital assets and securities.   Liccardo claimed that the legislation would also work retroactively and prohibit Trump and his wife Melania from profiting from their past memecoin launches .  Liccario said, “Our public offices belong to the public, not the officeholders, nor should they leverage their political authority for financial gain.”  Crypto hasn’t stopped dumping since Donald Trump’s inauguration Read more: SBF wants Trump to know he was working wi...

US President Donald Trump’s son, Eric Trump, took to X and said that it feels like a great time to enter Bitcoin (BTC). He also tagged World Liberty Financial in his post. World Liberty Financial is a crypto firm personally backed by President Trump. Eric Trump had a similar post for Ethereum (ETH) on Tuesday. Also Read: Shiba Inu (SHIB) & Ripple (XRP) Mid February Price Prediction Feels like a great time to enter #BTC! @worldlibertyfi — Eric Trump (@EricTrump) February 6, 2025 Bitcoin Reacting Positively To Eric Trump’s Post Source: Bitcoinist BTC’s price has risen 0.8% in the daily charts, reclaiming the $98,000 price level. The asset seems to be reacting positively to Eric Trump’s X post. Despite the slight recovery, BTC is down 6.6% in the weekly charts, 4% in the 14-day charts, and 3.5% over the previous month. Source: CoinGecko Also Read: Buy Jio Financial Shares Now: Target Rs 305, 25% Upside The cryptocurrency market faced a major correction earlier this...

President Donald Trump’s publicly traded company has accumulated so much cash that it’s throwing $250 million into a Schwab account to buy crypto. Wall Street was so impressed at the headline that the stock rallied $800 million following the morning announcement. According to a press release from Trump Media, the company is putting $250 million into a Charles Schwab brokerage account to buy various securities. These include “bitcoin and similar cryptocurrencies or crypto-related securities.” The news also includes a planned launch of a new crypto website — Truth.fi, currently just a domain name — which will be integrated into Trump’s social media app, Truth Social. The “.fi” top-level domain (TLD) — Finland’s official domain code — is a common convention for many Metamask-enabled websites that allow visitors to trade crypto. Because Trump and his children have been vocal supporters of such websites and so-called decentral...

MicroStrategy founder Michael Saylor is planning a New Year’s Eve party in Miami Beach to celebrate his bitcoin (BTC) successes. Guests will celebrate his firm’s rally to an all-time high, its entrance into the NASDAQ 100 index, BTC surpassing $100,000, and Saylor becoming a deca-billionaire for the first time. He will host the black tie affair at his mansion. Although the event’s guest list is private, hundreds want in. Fans on X are already vying for spots and people are already complaining that their invitation hasn’t yet arrived. For most MicroStrategy investors, it probably never will. How many shares of $MSTR does it take to get invited to @saylor ‘s NYE party? In the mean time I can hope and dream…and wait. pic.twitter.com/2dg6BuadrR — Voltron️ (@BuyTheDip71) December 16, 2024 Saylor floated plans for a BTC $100,000 party as early as November 2021 during its previous, $69,000 high. Although some had hoped to attend that party in early...

Amid the duo’s ongoing collaboration, Elon Musk is reportedly looking to buy a property near Donald Trump’s Mar-a-Lago home. According to a Daily Mail report, the Tesla CEO is eyeing a $100 million penthouse in Florida near the famed Trump-owned property. During Trump’s campaign for reelection, Musk emerged as a crucial figure. Now, after the reelection of the 45th president, the X (formerly Twitter) owner is poised to run his inaugural Department of Government Efficiency (DOGE). Specifically, the new commission is looking to cut federal spending by a remarkable $2 trillion. JUST IN: Elon Musk is rumored to be buying property near Donald Trump's Mar-a-Lago home in Florida, Daily Mail reports. pic.twitter.com/Nnxt9rpu4Y — Watcher.Guru (@WatcherGuru) December 10, 2024 Also Read: Elon Musk Says IRS Will Be Audited by DOGE Musk Looking to Buy $100M Palm Beach Property Near Trump’s Mar-a-Lago Donald Trump’s historic 2024 presidential election has been a game-ch...

David Sacks is the former PayPal COO and founder of Yammer, a SaaS company He will work on a legal framework providing the crypto industry with the clarity it wants US President-elect Donald Trump has announced that David Sacks will be the lead policy advisor on artificial intelligence and crypto, dubbing him the “White House AI and Crypto Czar.” In a post on his social media platform Truth, Trump wrote that Sacks will take up the role which are “two areas critical to the future of American competitiveness,” adding, among other things, that “he will work on a legal framework so the crypto industry has the clarity it has been asking for, and can thrive in the US.” As part of his role, Trump added that David will focus on making America a “global leader” in these areas, something Trump promised during his election campaign in August. During the US election, Trump has focused more on being pro-crypto, and became t...

Between December 4 and December 5, Bitcoin (BTC) reignited its rally and crossed above $100,000 for the first time in its history. At one point, it was even close to crossing above $104,000. President-Elect Donald Trump was, under the circumstances, quick to congratulate cryptocurrency investors on his social media platform, Truth Social , and even implied the rally was his doing. Donald Trump comments on Bitcoin crossing above $100,000. Source: Truth Social Is Trump the great catalyst of the 2024 cryptocurrency market Indeed, it is hard to deny that Donald Trump, or, perhaps more accurately, the perception of the administration to come, played a big part in the cryptocurrency market’s recent performance. Picks for you $870 billion asset manager that accurately predicted Bitcoin's $100k target sets 2025 price ...

Crypto founder Justin Sun ate his controversial $6 million artwork earlier today — a banana strapped to the wall with duct tape by artist Maurizio Cattelan. Under the conditions of the avant-garde sale, he can eat the banana as many times as he likes, so long as he replaces it. Essentially, Sun has paid $6 million to be eternally strapped with a banana burden . In fact, it’s recommended he replace it every 7-10 days due to decomposition. Justin Sun was even handed a roll of duct tape, along with instructions on replacement and, of course, a certificate of authenticity.  That initial banana cost just $0.35 — marking a 1.7 billion percent price increase. But what if he were to spend the entire 86 billion supply of Tron (TRX), his own cryptocurrency, in eating and replacing his banana every week?  Justin Sun ate a banana for $6.2 million Justin Sun, the founder of the TRON blockchain project, ate a banana that he had previously purchased for $6.2 million...

Bitcoin’s new price follows after it hit $98,000 yesterday Analyst Skew said there is “positive market signal” and that there is “a lot of aggregate spot supply around $100k” Bitcoin came within touching distance of $100,000 on November 22 as the asset continues its bull run since the beginning of November. Bitcoin nears $100,000. Source: CoinMarketCap Data from CoinMarketCap shows Bitcoin hit a high of $99,500. The record comes after Bitcoin topped $98,000 yesterday, pushed along by the launch of ETF options earlier this week. The rally follows after Bitcoin dipped to $95,000 yesterday afternoon before rallying into the green. Taking to X, analyst Skew said: “Price did see a brief LTF dip before higher thereafter. Still seeing limit bids moving higher with underlying spot buyers ~ positive market signal,” adding: “A lot of aggregate spot supply around $100k. Price currently is chewing away at this supply, be...

The cryptocurrency market has entered another bull run. Bitcoin (BTC) hit a new all-time high of $93,477.11 on Nov. 14, 2024. With BTC at new heights, other crypto assets are following suit. The bull run may have been triggered by Donald Trump winning the US Presidential election. Market participants may be betting on Trump’s pro-crypto and pro-businesses stance. The possibility of a 25 basis point interest rate cut may have also boosted investor sentiment. Although BTC is the market leader, a few memecoins are outperforming the original cryptocurrency. Let’s look at three memecoins outshining BTC in the charts. Also Read: Pepe Rallies 80% In 24 Hours, Hits New All-Time High: SHIB Out? Top 3 Meme Cryptocurrencies Outperforming Bitcoin 1. Peanut The Squirrel (PNUT) PNUT is a fairly new cryptocurrency that is making waves in the crypto community. The asset is currently the best-performing crypto among the top 100 projects by market cap. The memecoin is up by 131.5% in the dail...

As Bitcoin (BTC) has continued to surge to new heights at the start of the week, Standard Chartered Bank has predicted that a second term for President-elect Donald Trump will push the crypto market cap to the $10 trillion level. Moreover, they expect the feat to be reached by 2026. The bank has expressed immense optimism about the industry’s potential under the Trump administration. With the reelected candidate, the country officially saw the first pro-crypto president take over the Oval Office. Subsequently, the bank has expected that to be massive for Bitcoin, Ethereum (ETH), and Solana (SOL). Republican presidential nominee former President Donald Trump waves as he walks with former first lady Melania Trump at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Evan Vucci) Also Read: Bernstein Urges Investors to Buy Bitcoin As Trump Drives Bull Run Trump’s Return to Spark Bitcoin Bull Run to $200k...