Donald Trump Jr. has publicly distanced himself from a meme coin, $TRUMP, expressing he was not involved with it. The reaction of the cryptocurrency world to the Trump meme coin has been varied, with several Bitcoin enthusiasts not fully endorsing it.
Bitcoin's price has been fluctuating, but immediate excitement should be curtailed until steady growth is observed. Coins still hold value in society despite the digital surge, as observed by several Stark enterprises.
Meta, the technology giant, ruled against investing in Bitcoin after its shareholders rejected the idea. The power of the U.S. SEC to protect investors from potential scams related to the Trump meme coin has been questioned. Meanwhile, the
CEO of JPMorgan controversially suggested that the U.S. should prioritize traditional methods of defense over stockpiling cryptocurrency. Amid these discussions, the
U.S. SEC has clarified that crypto staking doesn't clash with U.S. securities law.
Cathie Wood stated she will not invest in the Trump coin, preferring to stick to the 'big three' cryptocurrencies.
Other trending news includes
Metaplanet Inc. adding a substantial amount of Bitcoin to their Treasury holdings and the projection that BTC bulls aren't done yet, with a potential for a new all-time high. Clarifications about the legal liabilities of various coin types have popped up; meme coins are apparently not protected by the SEC.
Stablecoins have been caught in discussion, with suggestions of it not posing a threat to the dollar. Overall, the future of DeFi is trending towards Bitcoin. Amidst all of this, 'T Coin', as it stands, has not offered any significant headlines.
T Coin News Analytics from Tue, 03 Sep 2024 07:00:00 GMT to Wed, 04 Jun 2025 16:38:44 GMT -
Rating -5
- Innovation 0
- Information 0
- Rumor -10
