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Trump’s Memecoin Creates Billions From Thin Air Before DC Return - BLOOMBERG

JANUARY 19, 2025


  • Speculators push new Trump token to $5.6 billion market value
  • Watchdogs see it as the president-elect’s latest ethics breach


    • In tuxedos and floor-length gowns, crypto executives and adherents spilled through the Andrew W. Mellon Auditorium in Washington on Friday, ready to toast the inauguration of Donald J. Trump — a leader who promises to become the most crypto-friendly US president.

    “The reign of terror against crypto is over,” roared David Sacks, the venture capital executive appointed as Trump’s crypto czar.




    Crypto News

    February 04 Bitcoin Slides as US-China Trade War Escalation Rattles Markets - BLOOMBERG February 03 Bitcoin drops to 3-week low as Trump tariffs rattle markets - REUTERS February 03 FTX reaches settlement with ex-Clinton aide's investment firm - REUTERS February 03 Exclusive: Trump's meme coin made nearly $100 million in trading fees, as small trade... (read more) February 03 Bitcoin slides below $100,000 as tariffs rattle markets - REUTERS January 30 Czech central bank to consider holding bitcoin as reserve asset - REUTERS January 29 Bitcoin’s structural story remains ’very positive’ amid declines, says head of digita... (read more) January 29 Why the crypto bull market party might be over for Britain - CITY A.M January 28 Bitcoin Drop Fueled by Shakeup in AI Sector Casts Cloud Over Crypto Rally - BLOOMBERG January 28 KuCoin pleads guilty, agrees to pay nearly $300 million in US crypto case - REUTERS January 28 MicroStrategy Buys More Bitcoin While Adding Capital Raising Tools - BLOOMBERG January 28 Crypto Stocks Hit as AI Plays Sink, Traders Flee Risk Assets - BLOOMBERG January 28 Bitcoin Follows Tech Stocks Lower as New AI App Rattles Markets - BLOOMBERG January 27 Crypto markets steady after Trump's first policy move - REUTERS January 25 Musk Exploring Blockchain Use in US Government Efficiency Effort - BLOOMBERG January 23 SEC Launches Crypto Task Force Led By ‘Crypto Mom’ Hester Peirce - BLOOMBERG January 23 Bitcoin price above $102,000 as traders eye Trump's next moves - YAHO FINANCE January 22 Bitcoin gains as US SEC gives crypto its first policy win - REUTERS January 21 Bitcoin rally cools as Trump makes no new mention of crypto - REUTERS January 21 Trump's new crypto coin sparks ethics concerns - REUTERS January 20 Bitcoin goes on wild ride as Trump takes office - YAHOO FINANCE January 20 Bitcoin jumps to new record above $109,000 as traders cheer Trump inauguration, meme ... (read more) January 20 Bitcoin soars past $109,000 ahead of possible early action on crypto by Trump - ... (read more) January 20 Trump’s crypto token surges to $11.7 billion market cap, bitcoin hits record high - REUTERS January 19 Trump launches cryptocurrency with price rocketing - BBC January 19 Price of new Trump crypto meme coin soars ahead of inauguration - THE GUARDIAN UK January 19 Trump’s Memecoin Creates Billions From Thin Air Before DC Return - BLOOMBERG January 16 Bitcoin Rises Past $100,000 Threshold Amid Risk Rally Renewal - BLOOMBERG January 14 Bank of England says it has not taken a decision yet on potential digital pound - REUTERS January 14 Italy's Intesa buys 1 mln euros in bitcoin in first proprietary trade - REUTERS

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