News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Donald Trump News
Donald Trump is the 45th president of the United States, and a former businessman and TV persona. Trump was born and raised in New York and received a degree in economics from the Wharton School of the University of Pennsylvania. President Trump is the richest and oldest person to assume the presidency. Donald Trump’s ratings indicated only a minor possibility for him to win the election, but he managed to become the fifth president to have won the election while losing the popular vote. Donald Trump’s statements about his position on immigration, employment and foreign policy, published on Twitter and during interviews, quickly brought him free media coverage, as they were highly controversial. The media described his ideas as populist and nationalist. Donald Trump’s approval ratings have been the lowest for any president after the first ten months of the term.
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Major World Liberty Financial investor Justin Sun called a plan to lock tokens for up to four years “the most absurd governance scams I have ever seen.”
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Tech stocks helped drive the Nasdaq to 24,016 and the S&P 500 to 7,022 as Bitcoin climbed nearly 10% over the past two weeks.
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The new proposal outlines multi-year lockups and opt-in token burn, as the Trump-linked DeFi platform responds to pressure over delayed liquidity access.
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World Liberty Financial allegedly used illiquid tokens to borrow $75 million, fueling bad debt fears and rattling confidence among traders.
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Kevin Warsh did not include the value of several crypto and AI investments among his disclosures as he awaits his confirmation hearing before the Senate Banking Committee.
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Bitcoin rallied above $74,000 after the Monday stock market close, but derivatives data show that some traders remain bearish.
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Sun urged the Trump-linked WLFI platform to disclose who controls the multi-sig and smart contract behind the platform, days after its governance token hit a new low.
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Large holders are accumulating TRUMP ahead of a Mar-a-Lago event for top token holders, even as the memecoin trades down over 30% since March.
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US President Donald Trump said Iran did not want to compromise its nuclear weapons program, stating it was the only issue that “really mattered.”
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Sun criticized the WLFI platform over long token lockup periods and withholding key information from voters.
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Lawmakers and investors criticized Trump-linked crypto projects as prices fell, raising concerns about conflicts of interest and market risks.
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Crypto’s transparent ledger makes sanctions evasion easier to trace, allowing authorities to track and potentially freeze illicit flows.
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WLFI fell to a record low after it was revealed that the project used billions of its own tokens as collateral to borrow $75 million in stablecoins.
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The CFTC’s task force includes five members with legal and crypto backgrounds to help "clear rules of the road for American innovators."
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