During his first statement as the new U.S. president, Donald Trump addressed his recently launched memecoin, Official Trump (TRUMP), for the first time.
Responding to a reporter’s question about the token, Trump admitted, “I don’t know much about it aside from the fact that I launched it. I’ve heard it’s been very successful—how’s it doing now?”
The reporter informed Trump that the memecoin had earned him billions of dollars within just a few days. Trump, seemingly unfazed, remarked, “A few billion dollars? That’s small change for some of these guys.”
Trump’s comments didn’t stop at his memecoin. During the same address, he hinted at the possibility of imposing tariffs on the European Union and expressed openness to Elon Musk purchasing TikTok, suggesting that both issues could play a role in his upcoming policy decisions.
ARK Invest has quietly deepened its exposure to Solana by adding a staked SOL investment to two of its tech-focused ETFs, signaling growing confidence in the blockchain’s long-term potential.
The U.S. Securities and Exchange Commission (SEC) is warming up to the idea of expanding the crypto ETF landscape beyond Bitcoin, with 72 crypto-related ETF proposals now awaiting review.
Coinbase has officially rolled out CFTC-regulated futures contracts tied to XRP, marking a significant step forward for institutional adoption of the Ripple-associated token.
A fresh wave of speculation has hit the crypto market following a hefty stablecoin issuance by Tether, which quietly minted $1 billion worth of USDT on the Tron network earlier today.