Trump

Bitcoin’s lackluster price action may receive a jolt from this week’s macroeconomic calendar.

Blockchain founders like MOVE’s Rushi Manche are clamoring for a spot in the president’s crypto portfolio, hoping it will boost their token price.

With picks at the banking agency and consumer watchdog, the field of major nominees is mostly complete, showing a deep roster of finance and federal know-how.

The massive demand came on a Saturday, when MoonPay’s fiat accounts were inaccessible due to the weekend with a public holiday on the following Monday for the swearing-in.

This coincided with the launch of Donald Trump’s memecoin $TRUMP which caused a wave of inflows to the network

The move bumps utility and useability for the TRUMP token, which launched on Jan. 17 and has since entered the top-thirty tokens.

Truth.Fi is the latest endeavor of Donald Trump-affiliated companies into the digital asset space after World Liberty Financial and launching an “official” memecoin.

The daily performance returns of these tokens will be tracked and generated through swaps, call options, and direct investments, per the filing.

Donald Trump and the GOP hit the ground running in his first week as the new U.S. president.

An analysis of wallets showed 77% of TRUMP holders earned less than $100, with over 80% of TRUMP or MELANIA holders likely to be investors who held less than $1,000 worth of Solana-based assets.