8/7/24

Trump-themed solana meme coin wiped out after major stakeholder bails

A solana-based meme coin named after former President Donald Trump tanked yesterday, wiping out about $52 million of its previously $55 million market cap.

The token, TrumpCoin (DJT), first gained prominence in June on speculation that it was somehow connected to Trump and his son, Barron. Martin Shkreli, the so-called Pharma Bro convicted in 2017 on charges of securities fraud, later said he was involved in the token's creation.

DJT's market cap fell to $3 million, down from $55 million, Tuesday after a trader unloaded $2 million worth of the token.

Former President Trump has recently embraced crypto as a wedge issue ahead of this fall's US presidential election.

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Yaël Bizouati-Kennedy

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Bitcoin ETFs see $1.7 billion in inflows this week

Bitcoin’s price is also bouncing back, passing $116,000 for the first time since August 22.

Bitcoin 2022 Conference Draws Cryptocurrency Industry Professionals And Investors To Miami

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Home Value Go Up

9/12/25

How crypto is creeping into the home mortgage market

One in five Americans hold some crypto, and allowing it to be used as a reserve for mortgages could open the gates to home ownership for some of them.

Yaël Bizouati-Kennedy

9/10/25

Asset Entities to merge with Ramaswamy’s Strive and launch bitcoin treasury

Shares of the company skyrocketed on the announcement.

Sage D. Young

9/8/25

Largest ethereum treasury, BitMine, invests $20 million into the first worldcoin treasury firm

In addition to BitMine’s investment, Eightco plans to use proceeds from a $250 million private placement to stockpile worldcoin.

Yaël Bizouati-Kennedy

9/8/25

Forward Industries raises $1.65 billion for solana treasury

Treasury companies collectively hold 4.67 million solana tokens.

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