Trump’s Bitcoin Mining Firm Gets $100M+ Boost From Scaramucci Family: Report
AJ Scaramucci’s family has put more than $100 million into a Bitcoin mining company backed by US President Donald Trump’s sons, according to reporting on the deal. The cash came through Solari Capital, the firm led by AJ Scaramucci, and was part of a larger $220 million pre-IPO financing in July. Funding Round And Backers…
Trump Drops $400-Billion Dividend Bombshell For Americans — Crypto Market Erupts
US President Donald Trump’s latest promise of a tariff-funded “dividend” sent shockwaves through markets Monday, and traders in digital assets moved quickly to price in the possibility of extra cash in American pockets. The plan would pay at least $2,000 to most adults and has been described as part of a broader push to use…
Trump’s Bitcoin Bet Grows: American Bitcoin Now Holds Over 4,000 BTC
American Bitcoin, the Nasdaq-listed mining and treasury firm backed by Eric Trump and Donald Trump Jr., has raised its Bitcoin stash to 4,000 BTC, worth about $415 million, according to a company announcement released Friday. The firm purchased nearly 170 BTC between October 24 and November 5, a haul valued at more than $14 million…
Bitcoin Whale Goes Big — $255M Longs Opened Before Trump–China Summit
Bitcoin and Ethereum rose after US President Donald Trump confirmed a meeting with China’s leader during the APEC summit on October 31. Based on reports, Bitcoin climbed nearly 4% while Ethereum gained about 5% and traded around $4,030. The whole market added roughly $100 billion in value in a short window, according to market watchers.…
Thumzup Leverages DOGE In Payments Push: A Boost To Dogecoin Price?
Thumzup Media Corp. is pushing ahead with plans to let creators receive payments in Dogecoin (DOGE), as new data shows the meme token has slipped in recent days even amid renewed institutional interest. Based on reports, the firm’s strategy includes a $2.5 million loan to DogeHash for mining expansion, and a treasury holding of 7.5…
Eric Trump Steps Into Market Talk, Says ‘Buy The Dips’
Eric Trump returned to social media this week with a short, blunt message for crypto investors: “Buy the dips!” According to his post on X, the repeated slogan arrived as Bitcoin and Ethereum were under selling pressure, and it drew quick attention from traders and analysts alike. Trump’s Crypto Footprint Based on reports, Eric Trump’s…
Bitcoin At $3.4 Million? Arthur Hayes Thinks It’s Coming
According to Former BitMEX CEO and Maelstrom Fund manager Arthur Hayes, Bitcoin could hit $3.4 million By 2028. That figure sits on a chain of big assumptions about credit growth, debt buying and policy shifts. Hayes pins his math to an estimated $15.3 trillion in combined Federal Reserve and commercial bank credit growth through 2028,…
Trump-Tied Thumzup Raises $50M, Merges Dogecoin Mining With XRP Plans
According to a shareholder letter, Thumzup Media completed a $50 million common stock offering at $10 per share and laid out a two-part plan: expand into Dogecoin mining and put selected cryptocurrencies into a corporate treasury. Thumzup Raises $50 Million The new cash will help fund a pending acquisition of Dogehash Technologies, a deal that…
WLFI Token Begins Trading: Insights Into The Trump-Backed Crypto
World Liberty Financial, a decentralized finance (DeFi) platform supported by President Donald Trump, has officially launched its native token WLFI. Although the debut of WLFI marks a significant step for the Trump family, its initial performance has been lackluster compared to the anticipation it garnered in recent weeks. WLFI Token Faces 12% Decline According to…
Trump Media And Partners Raise $6 Billion For The First CRO Treasury
The Trump Media & Technology Group (TMTG) announced on Tuesday that it has partnered with the digital asset platform Crypto.com and the special-purpose acquisition company Yorkville to create the first Cronos (CRO) treasury. New CRO Treasury Project The announcement details a definitive agreement between these entities to form Trump Media Group CRO Strategy, Inc., a…