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President Trump entered office with an extremely bullish outlook for the crypto industry. Within weeks of starting his second term as the US President, Trump signed an executive order to establish a digital asset reserve for the US. We were then introduced to the Trump Coin (Official Trump/TRUMP), which made waves in the crypto community. The Trump family has denied having any relation to the cryptocurrency, contrary to what many believe. However, it should be noted that President Trump had dinner with the top TRUMP holders earlier this year. Despite not having any official links, TRUMP’s price soared after President Trump assumed office. However, Trump Coin has faced a steep price fall over the last few months. Did Trump Coin’s Price Fall Due To President Trump’s Tariffs? Source: Bitcoinist TRUMP’s price hit an all-time high of $73.43 on Jan. 19 of this year, the same day as President Trump’s inauguration. The asset’s price has fallen by more than 88...

The speculative frenzy around Kanye West’s memecoin, Yeezy Money (YZY), has already claimed its first high-profile casualty.  On-chain data reveals that one crypto trader, identified as wallet 6ZFnRH, lost half a million dollars in less than two hours after misjudging the token’s violent price swings. The trader initially deployed 1.55 million USDC to purchase 996,453 YZY at an average entry price of $1.56. However, as liquidity thinned and sentiment shifted, YZY dropped below the $1 threshold. The whale capitulated at $1.06, recouping only 1.05 million USDC and locking in a staggering $500,000 loss in record time. YZY has dropped below $1. Whale 6ZFnRH spent 1.55M $USDC to buy 996,453 $YZY at $1.56, then sold for 1.05M $USDC at $1.06—losing $500K in less than 2 hours.https://t.co/VrSJBcpmQB pic.twitter.com/YsOjjj0FqL — Lookonchain (@lookonchain) August 21, 2025 Cryptocurrency traders not concerned by Yeezy Money volatility The brutal liquidation ...

A company backed by the President is making a pivot toward the top memecoin Dogecoin after purchasing a company dedicated to mining DOGE. According to a new press release by Thumzup (TZUP) – a company backed by the Trump family – the firm will be acquiring Dogehash Technologies with the aim of becoming the largest DOGE mining firm in the world. Thumzup will purchase Dogehash in an all-stock transaction and will utilize decentralized finance (DeFi) protocols such as staking to amplify rewards for miners, as well as mining Litecoin (LTC). The transaction is expected to conclude at the end of 2025 and will see Dogehash shareholders exchange all of their holdings for 30.7 million shares of Thumzup stock, trading under a new ticker name, XDOG. As stated by Robert Steele, chief executive of Thumzup, in the press release, “This accelerates our evolution from a digital marketing platform into a diversified digital asset infrastructure and treasury company. Dogeha...

Wyoming has become the first US state to issue a stablecoin with the launch of its Frontier Stable Token (FRNT). FRNT will be backed by short-duration US Treasury bills and dollars, with a statutorily mandated 102% reserve requirement ensuring the stablecoin is overcollateralized. “This historic move marks Wyoming as the first public entity in the United States to issue a blockchain-based stable token,” the Wyoming Stable Token Commission, a body authorized by the state to issue the stablecoin, said in an Aug. 19 announcement .  Wyoming Stablecoin Has Been Deployed On Arbitrum, Ethereum, Solana And Others The stablecoin has already been deployed on seven blockchain networks. They are the layer-2 networks Arbitrum, Polygon, Optimism and Coinbase’s Base, and layer-1 blockchains Avalanche, Ethereum and Solana.  BREAKING: The Wyoming Stable Token Commission’s FRNT, the first stablecoin issued by a U.S. State, is coming to Solana 🔥🔥...

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Gold is on a rampage, surging at a new pace amid growing economic uncertainty. The asset class has been noting a rapid surge, eyeing new price horizons as external factors continue to gnaw at the core of the world economies. With global war narratives, inflation, and the Fed stance continuing to heat up, the investor sentiment towards the fiat currencies is weakening, pushing the world to rush towards gold as the next safe-haven asset. If this scenario continues to gain momentum, then there’s no way to stop gold from defeating all leading asset classes, as per a leading economic analyst. Also Read: Goldman Sachs: Dollar Forecast Warns Currency Could Turn Even Riskier Gold Could Surge Massively in 5 to 10 Years Source: mmtcpamp.com According to Thornsten Polleit, honorary professor of economics at the University of Bayreuth and publisher of the BOOM & BUST REPORT, gold and silver are on the brink of a massive breakout spree. Both assets have been showing an incredible price run, es...

The Trump family’s World Liberty Financial (WLFI) and Bitmine Immersion Technologies, the Ethereum treasury firm led by Fundstrat’s Tom Lee, seized the chance to buy the Ethereum dip amid the altcoin’s latest price plunge. As of 1:06 a.m. EST, the largest altcoin by market cap trades at $4,449.71, down more than 3% in the past 24 hours.  Ethereum price chart (Source: CoinMarketCap) Despite the recent pullback, ETH is still up over 6% in the past week, when it came to within  4% of its all-time high (ATH) of $4,891.70 that it set on Nov. 16, 2021.  World Liberty Financial Buys The Ethereum Dip According to on-chain data from Arkham Intelligence that was cited by Lookonchain in an X post earlier today, the Trump family’s WLFI project spent 8.6 million USD Coin (USDC) to purchase 1,911 ETH tokens.  Trump's World Liberty(@worldlibertyfi) spent another 10M $USDC to buy 84.5 $WBTC at $118,343, and spent 8.6M $USDC to buy 1,911 $ETH at $...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...