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President Trump’s Truth Social To Allow Subscribers To Convert Loyalty Points Into Cronos (CRO) Tokens

The social media platform Truth Social announced the launch of a cryptocurrency rewards program that allows users to earn digital tokens through platform engagement. According to a press release, the update introduces a feature called “Truth gems” for premium subscribers, which can be converted into Cronos (CRO) cryptocurrency using infrastructure provided by Crypto.com. Users earn these digital rewards by participating in various activities across Truth Social and its streaming service Truth+. Trump Media and Technology Group said the crypto integration is part of its expanded premium subscription service called the Patriot Package. The company operates Truth Social, the Truth+ streaming platform, and a financial technology brand. The cryptocurrency feature is part of social media platforms experimenting with digital asset rewards. In June, Truth Social filed with the U.S. Securities and Exchange Commission (SEC) for a joint Bitcoin (BTC) and Ethere...

Gavin Newsom To Launch ‘Trump Corruption Coin’ To Troll Donald Trump

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California governor Gavin Newsom says he will launch a meme coin called ”Trump Corruption Coin” to mock US President Donald Trump. “This is one of the great grifters of our time,” Newsom said of Trump d uring an appearance on the Pivot with Kara Swisher and Scott Galloway podcast . “ This is just jaw-dropping.” Democrat Newsom has been actively trolling Trump by posting on X in Trump’s signature style capital letters as well as copying his language and most famous phrases. Newsom Says He Wants To Bring A Mirror To The Absurdity In Politics Newsom said that his continued mocking of the President is meant to serve as a mirror to “the absurdity” currently taking place in the political arena. “It’s comical, and yet it’s become so normalized and socialized in a way that’s not even critiqued in the extreme right,” he said. By launching his own meme coin, the governor aims to take his mocking of Trump to...

Canada Files to Sell US Dollar Bonds

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Although the tensions between the two North American nations have been tested since the start of 2025, Canada has filed to sell US dollar bongs. Indeed, the country issued a press release this week announcing the launch of USD-denominated global bonds on Tuesday. The move is connected to the country’s “commitment to maintain liquid foreign reserves or above 3% of nominal gross domestic product,” according to a statement. Moreover, it comes as US President Donald Trump paused tariffs through a trade deal signed late last week. JUST IN: Canada files to sell US Dollar bonds. — Watcher.Guru (@WatcherGuru) March 11, 2025 Also Read: Trump Advances to Uproot the De-Dollarization Agenda Canada to Issue US Dollar Bonds Amid Brewing Trade War Since his return to the White House, US President Donald Trump has formed a rather contentious relationship with his allies to the North. His integration of aggressive economic policy saw the administration welcome tariffs on the continen...

CHART: Top memecoins down double digits after weekend’s tariff carnage

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Nine of the 10 largest memecoins by market cap have taken double-digit hits in the past 24 hours following Donald Trump’s imposition of tariffs on Canada, Mexico, and China. The top five coins, Dogecoin, Shiba Inu, Pepe, Official Trump, and Bonk, have lost 12%, 13%, 19%, 14%, and 20% respectively.  Fartcoin, which remains the tenth ranked memecoin by market cap according to CoinGecko, has increased by 20% over the last 24 hours. However, like many other coins, it also suffered significant losses last month. Pudgy Penguins, dogwifhat, Fartcoin, and Floki have lost 67%, 65%, 54%, and 55% respectively over the last 30 days. Price action of the top 10 memecoins by market cap according to CoinGecko. Read more: Every Trump family memecoin has lost money This weekend, Donald Trump passed 25% tariffs on Mexico and Canada and a 10% tariff on Chinese imports. The tariffs had a detrimental impact on the wider markets beyond memecoins, with the S&P 500 dropping 0.5% ...

Coinbase Adds Donald Trump’s Official Memecoin to Listing Roadmap

Top US-based crypto exchange platform Coinbase has added President Donald Trump’s official memecoin to its listing roadmap. In a post on the social media platform X, Coinbase announces the addition of Official Trump (TRUMP) – which launched late last week – to its roadmap. Being added to Coinbase’s listing roadmap means that the crypto exchange is considering supporting the asset in the future. Coinbase uses the listing roadmap to prevent insider trading and the front-running of tokens prior to them being listed. TRUMP is trading around $58.45 after a parabolic run-up since launch. According to data from CoinGecko, TRUMP’s fully diluted valuation (FDV) is sitting at around $68 billion, just days after its inception. TRUMP launched on the Solana (SOL) blockchain and quickly hit a market cap of nearly $3 billion, before ultimately skyrocketing up to around $14.5 billion. Trump is set to be inaugurated as the nation’s 47th President today and...

Michael Saylor was wrong about Ethereum; There is a ‘second best’

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In a surprising twist, Michael Saylor, the once staunch Bitcoin (BTC) maximalist and MicroStrategy (NASDAQ: MSTR) former CEO, has acknowledged his misjudgment regarding Ethereum (ETH). In the past, Saylor said in an interview to the Bitcoin Magazine that “there is no second best” to Bitcoin in multiple financial categories – an opinion that has now apparently changed. This revelation comes from a recent interview with Altcoin Daily on December 25, 2024, where Saylor admits that his earlier predictions about Ethereum’s regulatory fate were off the mark. Now, he sees a brighter future for Ethereum and other digital assets, signaling a potential “crypto renaissance.” Donald Trump’s victory changes everything politically Notably, the change in Saylor’s perspective largely stems from a shift in the political environment following Donald Trump’s presidential victory. As he noted, “I think the political landscape and consensus really shift...

Trump Pushing CFTC To Oversee the Cryptocurrency Industry

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Trump is reportedly pushing the U.S. Commodity Futures Trading Commission (CFTC) to oversee the cryptocurrency industry, reported Fox Business. The President-elect is making good on the campaign promise to reshape the digital assets’ landscape and make the U.S. the hub of cryptos. Also Read: US Dollar vs Chinese Yuan: Trump To Start a Currency War? According to Fox Business, Trump plans to extend power to the CFTC to put a regulator in charge to oversee the cryptocurrency industry. It is also reported that Trump plans to limit the powers of the U.S. Securities and Exchange Commission (SEC) on the digital asset industry. Bloomberg reported that Trump is eyeing Paul Atkins to be the next SEC Chair after Gary Gensler steps down. Also Read: Will the U.S. Become Bankrupt? Debt Reaches $36 Trillion CFTC Could Regulate the Cryptocurrency Industry Under Trump Source – Techopedia The SEC has been aggressively targeting the cryptocurrency industry under Chairman Gary Gensler. However,...

Donald Trump’s AG pick Matt Gaetz has shady crypto associates

President-elect Donald Trump has nominated Matt Gaetz to be the next attorney general of the United States. Gaetz is a former representative from Florida who was under investigation by the Department of Justice (DOJ) and House Ethics Committee for sexually trafficking minors and who took part in efforts to prevent votes from counting in 2020. This nomination draws greater attention to the relationship between Gaetz and the crypto industry, a frequent target of the DOJ.  Joel Greenberg Joel Greenberg, the former Seminole County Tax Collector, was one of the individuals who was cooperating with the DOJ in its investigation of Gaetz.  Greenberg, who is a long-time associate of Gaetz, admitted that he had paid a 17-year-old girl for sex. The New York Times reported that he told prosecutors that Gaetz also had sex with the girl.  Greenberg has repeatedly found ways to integrate bitcoin and crypto into his criminal and unethical behavior. These activities include suppos...

Here’s how much Donald Trump’s crypto portfolio is down despite election win

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President-Elect Donald Trump has long been considered the more cryptocurrency-friendly option, and with the original Bitcoin (BTC) candidate, Robert F. Kennedy Jr., on his team, it hardly comes as a surprise that digital assets have rocketed since the election was called on November 6. Considering the massive inflows, one might expect Trump’s cryptocurrency portfolio to have rocketed compared to mid-October, but exactly the opposite happened. Specifically, the President-Elect’s digital assets holdings have diminished by approximately $2.35 million from their October 18 value of $7.79 million to $5.4 million at press time on November 12, per the data retrieved from Arkham Intelligence on November 12.  Picks for you SHIB spikes over 60% in a week; What next? 17 hours ago ...

Donald Trump leads over 19% in prediction markets against Kamala Harris

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Just three weeks ahead of the upcoming U.S. presidential election, Republican candidate and former President Donald Trump continues to widen his lead over Democratic candidate and incumbent Vice President Kamala Harris. Although average national polls see Harris having a slight 2.4% advantage over Trump per FiveThirtyEight, prediction markets — both international and domestic, are projecting higher odds that the media mogul and billionaire will secure a second term. National poll averages as of October 15. Source: FiveThirtyEight Trump’s rise in prediction markets Just two weeks ago, on October 4, international prediction market Polymarket put the odds of another Trump presidency at 50% — with a slight 1% edge over the opposing candidate. At this point, an unexpectedly strong showing from Trump’s running mate, JD Vance, in the vice-presidential debate saw a 0.4% shift in the Republican candidate’s favor. ...

MAGA Price Surges 28% As Donald Trump Leads Kamala Harris On Polymarket, But Traders Buy This Meme Coin With 3,571% APY

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The MAGA price has surged 28% in the last 24 hours to trade at $0.0002018 as of 3:18 a.m. EST on a 30% pump in trading volume to $29 million. This price surge comes after Elon Musk appeared at a Donald Trump election rally at the weekend to support his campaign to become the next president. Polymarket bettors put Donald Trump ahead of Democratic candidate Kamala Harris in the presidential race by 6.3 percentage points. The Polymarket odds now show Trump with a 52.9% chance of winning November’s election, compared with Harris’s 46.6% chance. MAGA Price Signal A Rebound Within The Bearish Channel The MAGA/USD price chart shows several key signals and trends that suggest potential price movement. First, a moving average cross has occurred between the 50-period (short-term) and 200-period (long-term) moving averages, which is typically a bullish signal. The price is currently trading above both the 50-period ($0.00018298) and 200-period ($0.00015301) moving averages, pro...

De-Dollarization: Donald Trump Gives Strategies To Save the US Dollar

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The United States is slowly losing its hold as several countries have united to bring down the dollar. The BRICS bloc, consisting of Brazil, Russia, China, India, and South Africa, has been making strides with regard to de-dollarization. Thanks to China and Russia, over 90% of their bilateral commerce has been de-dollarized. Also Read: Top 3 Cryptocurrencies That Could Make You A Millionaire by 2030 The Impact Of De-Dollarization And Trump’s Response Source – International Affairs Journal It should be noted that several countries are trying to evade the sanctions imposed by the United States. Severe economic sanctions were placed on Russia in February 2022 after the crisis in Ukraine escalated. Since being cut off from the Western banking system, Russia has sought alternate trading channels, which has led some of its foreign allies to contemplate taking similar actions. This has been a big boost for de-dollarization. Economic Sanctions And Their Role In De-Dollarization Amidst thi...

Bitcoin awaits ‘trigger to explode upwards,’ according to analyst

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Although Bitcoin (BTC) has had lackluster performance in the past weeks and months, this situation might change for the better in the near future, and the maiden cryptocurrency could explode upwards if it finds the necessary catalyst that would provide this push. Specifically, Bitcoin seems to be in the early phases of a bull market, but its price performance is still largely moving in a sideways trend, which would change with a strong enough “trigger to explode upwards,” according to the observations shared by renowned crypto market expert PlanB in an X post on September 16. Bitcoin market cycles. Source: PlanB Indeed, PlanB’s chart shows Bitcoin’s exponential growth from under $1 in 2010 to the projected price of $100,000 in 2025 on a logarithmic scale, with data points categorized into four different market phases – bull market, distribution, bear market, and accumulation – that BTC follows cyclically. ...

Prediction market prices a 51% victory for Kamala Harris over Donald Trump

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In a surprising flip, the prediction market now prices a 51% chance of Kamala Harris winning the United States presidential race against Donald Trump, with an impressive rally favoring the Democrat candidate. Notably, Polymarket shows Kamala Harris moving from a 6% victory chance to a dominating position in less than a month. The aggressive takeover from the Democrat candidate surprised Trump supporters, who previously saw a 72% leadership by the Republican representative. As of this writing, the prediction market prices a 46% chance of Donald Trump winning 2024’s presidential election. Interestingly, over $71.53 million bets were placed on Trump’s speculation, while Kamala Harris’s bet was worth $60.55 million. Picks for you Bitcoin third ‘parabolic advance’ in progress; Is $250,000 next? 40 ...

Survey: Crypto voters prefer Democrats for Congress, favor Trump for president

A recent poll by the Crypto Council for Innovation offers insights into the political prefer ences of crypto voters , potentially influencing the 2024 elections. The survey of 454 participants, conducted by The Tarrance Group and Patinkin Research Strategies in December, indicates a split among crypto voters, with 41% favoring President Joe Biden and 51% expressing support for former President Donald Trump. Regarding congressional elections, the survey found that 46% of crypto voters lean toward Democrats, while 42% favor Republicans. Notably, 9% remain undecided, underscoring the diverse political landscape within the crypto community. You might also like: The SEC and crypto regulation: Why the delay in rulemaking? Brett Quick, head of government affairs for the crypto alliance, emphasized the significance of nuanced policy-making, recognizing the influential role crypto voters could play in shaping the 2024 election landscape. The results suggest a need for political c...