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Cryptocurrency News Articles
TRUMP (TRUMP) TOKEN DINNEE SPARKS MARKET SURGE!
May 11, 2025 at 06:10 am
The TRUMP token dinner has indeed sparked a market surge, with the token's value increasing significantly after President Donald Trump extended an exclusive invitation to top holders.
Former President Donald Trump is set to host an exclusive dinner for the top holders of the $TRUMP token on May 22, sparking a 75% surge in the token's value.
The dinner, which will be held at an undisclosed location in Florida, is part of a broader initiative by Trump to engage with the cryptocurrency community. Earlier this month, he hosted a dinner for crypto and AI innovators, which was also attended by a few GOP members.
The $TRUMP token has been steadily increasing in value over the past few months, and the news of the dinner sparked a frenzy among traders. The token's value surged 70% after the project announced the dinner event, according to one report.
The dinner is sure to be a hot topic of conversation in the cryptocurrency market, and it will be interesting to see what, if any, impact it has on the market.
The intersection of politics and cryptocurrency has been heating up in recent months, with several politicians announcing their involvement in the industry.
Earlier this month, House Speaker Kevin McCarthy spoke at length about how the government is trying to “extinguish” crypto despite it being an "innovation."
McCarthy, however, maintained that he's "not worried" because "good ideas cannot be extinguished."
The attention on crypto from politicians comes as the industry faces increasing scrutiny from regulators. The Securities and Exchange Commission (SEC) has been particularly active in recent months, with several lawsuits being filed against cryptocurrency exchanges and other companies.
The SEC's actions have led some in the industry to accuse the regulator of waging a "war" on crypto, while others have praised the agency for cracking down on what they see as fraud.
The outcome of the SEC's actions and the role of politicians in the cryptocurrency market remain to be seen, but one thing is clear: the lines between politics and crypto are becoming increasingly blurred.
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- Donald Trump Will Dine With the Top 220 Holders of His $TRUMP Memecoin at an Event Billed as “the most EXCLUSIVE INVITATION in the World”
- May 12, 2025 at 01:05 pm
- President Donald Trump will dine with the top 220 holders of his $TRUMP memecoin at an event billed as “the most EXCLUSIVE INVITATION in the World,” the cryptocurrency announced Wednesday.
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- Bitcoin (BTC) Price Reaction to a US-China Trade Deal Could Reveal Its Safe-Haven Status
- May 12, 2025 at 12:45 pm
- Bitcoin's potential price reaction to a trade deal between the United States and China could give insights into whether Bitcoin is being used as a safe-haven asset in the current market. By Cointelegraph