A cryptocurrency financial services firm agreed on Tuesday to plead guilty to U.S. charges that it offered to help manipulate the market for a digital token created at the FBI's behest to help uncover fraud in the crypto sector.
Incoming first lady Melania Trump has launched her own cryptocurrency on the eve of her husband, President-elect Donald Trump, being inaugurated and days after he announced his own memecoin.
The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.
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Trump is also still expected to issue executive orders that will further promote Bitcoin adoption, Reuters and other media outlets have reported.
The new business venture by the Trump family is generating intensifying criticism and ethics questions, even as it has turned into an overnight phenomenon, generating a windfall on paper.
Incoming first lady Melania Trump has launched a cryptocurrency on the eve of her husband's inauguration as US president. The announcement comes after President-elect Donald Trump launched the $Trump cryptocurrency. Both coins have risen but have seen volatile trade.
President-elect Trump has launched his own crypto token called Trump coin. In less than 24 hours, the coin has had a 12,000% gain and has seen billions in trading volume.
The cryptocurrency market has evolved significantly over the years, transitioning from niche tech circles into a mainstream financial phenomenon. With innovation driving the sector at an unprecedented pace,
Just hours after the incoming first lady’s digital currency went live, her husband’s suffered a precipitous crash of more than 40%.