Marathon Digital has marked Donald Trump’s upcoming inauguration as the 47th U.S. president with a unique blockchain tribute.
Using its MARA Pool mining resources, the company inscribed a Bitcoin block (825,642) featuring an AI-generated portrait of Trump, alongside digital copies of the Constitution and Bill of Rights.
The project cost 1.244 BTC (around $127,000) and highlights blockchain’s potential for preserving historical and cultural milestones.
Fred Thiel, CEO of Marathon Digital, described the effort as a statement of American leadership in crypto and a nod to Trump’s pro-Bitcoin stance.
Trump’s transformation from a crypto skeptic to a supporter has fueled optimism in the sector, with his presidency expected to bring regulatory clarity and foster industry growth.
This initiative not only celebrates Trump’s support for Bitcoin but also showcases blockchain as a powerful tool for innovation and preservation, aligning technology with cultural significance.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.
Coinbase CEO Brian Armstrong has spotlighted a significant acceleration in institutional crypto adoption, driven largely by the surging popularity of exchange-traded funds and increased use of Coinbase Prime among major corporations.
The latest market turbulence, fueled by geopolitical tensions and investor fear, offered a textbook case of how sentiment swings and whale behavior shape crypto price action.
Jefferies chief market strategist David Zervos believes an upcoming power shift at the Federal Reserve could benefit U.S. equity markets.