The Donald Trump-themed meme coin TRUMP plummeted Thursday after the former president was found guilty of falsifying business records. The token sank as much as 35% after the verdict. Meanwhile, Jeo Boden, a meme coin inspired by President Joe Biden, soared 20%. TRUMP soon recovered though, rallying nearly 50% to just under $17, even higher than before the verdict, according to CoinGecko data. TRUMP is currently priced at $14.39, an increase of over 11% in the last 24 hours. On Polymarket, the blockchain-powered prediction market, traders continued to place money…
Category: ICO
Will Donald Trump Go to Jail? Crypto Bettors Place Odds at 17%
Trump was found guilty on Thursday by a New York jury on all 34 counts. He was accused of falsifying business records, becoming the first former president to be convicted in U.S. courts. Trump pleaded not guilty and said he will “keep fighting until the end,” according to the BBC. Source
Bitcoin's Short Term Momentum Flips Bearish; Support Under $65K
The 50-day simple moving average marks major support at $64,870. Source
Solana Tokens Issued by Caitlyn Jenner, Iggy Azalea, Davido Are Down 80%, With Early Buyers Minting Money
Nigerian record producer Davido’s DAVIDO token netted early buyers a profit of nearly $470,000 worth of Solana’s SOl tokens in just 11 hours, on-chain firm Lookonchain flagged, from just over $1,000 in initial capital. This analysis was done by tracking the deployer of the original token, counting how many tokens they acquired after issuance and the sales in the hours afterward. Source
Meet Mike Novogratz, the Political Commentator
In an interview at Consensus 2024, the Galaxy Digital CEO was asked about a plethora of regulatory and legislative issues affecting crypto. Source
Robert F. Kennedy Jr. Says Guilty Verdict May Help Donald Trump’s Election Prospects
Kennedy, breaking from his family’s Democratic Party roots, is running as an independent, facing off against Trump, the presumptive Republican nominee, and President Joe Biden. He said that his team’s internal research shows he’d beat either Trump or Biden in a head-to-head contest in the presidential election but noted that if he dropped out of the race, more than half of his supporters would instead vote for Trump. Source
Ripple's Brad Garlinghouse Foresees XRP, Solana, Cardano ETFs: Consensus 2024
It’s only a matter of time, the CEO of Ripple said on stage at Consensus 2024 in Austin. Source
Robert F. Kennedy Jr. on Trump's Guilty Verdict and Pro-Crypto Stance
Robert F. Kennedy Jr. on Trump's Guilty Verdict and Pro-Crypto Stance Source
TRUMP Token Sinks After Former U.S. President Is Found Guilty in New York
TRUMP Token Sinks After Former U.S. President Is Found Guilty in New York Source
Everyone at Consensus 24 Is Talking About Biden’s Crypto Flip Flop. Is He for Real?
However, not everyone is in alignment here. For instance, a big name crypto lawyer who works for a red hot DeFi startup, who asked not to be named given the sensitivity of his work, said he doesn’t think Biden’s apparent change of heart is genuine. “He’ll likely revert back to course, if reelected,” he said. Asked whether he felt any weight off his shoulders at all, or whether his job has or will get any easier, under seemingly improving regulatory conditions, he said “absolutely not.” Today is the same as…