Coinatory

Truth Social Denies Plans for Memecoin Launch In response to rumors that went viral on social media over the weekend, Trump Media & Technology Group's (TMTG) social media platform, Truth Social, has formally denied any role in the establishment of a memecoin. “Contrary to rumors, Truth Social is not launching a memecoin,” the company declared via an official post. Former US President Donald Trump controls the majority of TMTG, the company that operates the site. Adding to... crypto news

Senators Demand DOJ Probe into Trump-Binance Crypto Ties A coalition of Democratic senators has formally requested the U.S. Department of Justice (DOJ) and the Treasury Department to investigate potential conflicts of interest stemming from President Donald Trump's cryptocurrency ventures, particularly those involving Binance, a leading global crypto exchange. This inquiry follows the Senate's failure to advance the GENIUS Act, a bill aimed at regulating stablecoins. In a letter dated May 9, Senato... Senators Demand DOJ Probe into Trump-Binance Crypto Ties Coinatory

Trump Gives Conflicting Responses on Memecoin Profits Amid Crypto Push President Donald Trump has offered conflicting remarks regarding whether he has profited from his self-branded cryptocurrency, the "Official Trump" (TRUMP) memecoin, launched in January just days before he assumed office for a second term. In a May 4 interview with Kristen Welker on NBC’s Meet the Press, Trump insisted, “I’m not profiting from anything,” when asked about potential financial gains from the TRUMP token. Yet, when pressed f... Trump Gives Conflicting Responses on Memecoin Profits Amid Crypto Push Coinatory

Trump Plans Major Federal Tax Cuts Tied to New Tariff Regime United States President Donald Trump has reiterated his intention to substantially reduce, or potentially eliminate, federal income taxes by leveraging revenues generated from newly instituted import tariffs. The proposal, detailed in an April 27 Truth Social post, emphasizes tax relief for individuals earning under $200,000 annually. Trump’s vision includes the replacement of the current Internal Revenue Service (IRS) model with what he term... cryptonews

Traders Exit TRUMP Memecoin Despite Dinner Incentive Despite a high-profile incentive offering top tokenholders a private dinner and a tour of the White House, the TRUMP memecoin, which was introduced earlier this year by US President Donald Trump, is still experiencing significant outflows. Despite Trump's recent vow to increase involvement, blockchain data from analytics firm Nansen shows a stunning disparity between sales and purchases. Over the last seven days, TRUMP token outflows hav... crypto news today

Trump Firing Jerome Powell Would Set "Bad Precedent" Anthony Pompliano, a cryptocurrency investor and entrepreneur, has issued a strong warning against former US President Donald Trump's proposal to fire Federal Reserve Chairman Jerome Powell, describing it as a "very bad precedent" for American institutional independence and economic policy. Pompliano stressed that firing Powell over policy differences would be a risky move in a video that was released on X (previously Twitter) on April 1... Coinatory crypto news

Trump Targets Fed Shakeup as Tariffs Strain U.S. Economy The Trump administration is reportedly preparing to replace Federal Reserve Chair Jerome Powell ahead of the end of his term in May 2026, citing mounting economic challenges tied to its aggressive new tariff regime. The early move underscores a strategic pivot toward stimulating the economy through potential interest rate cuts and monetary easing, which current Fed leadership has resisted. Treasury Secretary Scott Bessent confirmed that ... Coinatory

Trump’s Tariff Rollback on Tech Goods Boosts Markets In a notable shift in trade policy, U.S. President Donald Trump has exempted a wide range of technology products—including smartphones, semiconductors, computers, and consumer electronics—from ongoing tariffs. The move delivers much-needed relief to an industry long strained by cross-border trade tensions and supply chain disruptions. The U.S. Customs and Border Protection confirmed that items such as modems, storage cards, diodes, and other ... Coinatory news

Binance Eyes U.S. Return Through Trump Family Partnership Binance, the world’s largest cryptocurrency exchange, is actively preparing for a return to the United States, leveraging its growing relationship with the Trump family to navigate regulatory hurdles and strategic business opportunities. In March, Binance executives, including CEO Richard Teng and Chief Legal Officer Eleanor Hughes, met with officials at the U.S. Treasury Department. The objective: to request the removal or easing of a court-... crypto news today

Trump-Linked World Liberty Sells ETH at $125M Loss According to reports, a cryptocurrency wallet linked to World Liberty Financial, the Trump family-backed decentralized finance (DeFi) initiative, has liquidated 5,471 ETH, or around $8 million at today's exchange rates. The blockchain analytics tool Lookonchain revealed that the transactions occurred at an average price of $1,465 per Ethereum token, which was significantly less than the project's initial entrance point. The information i... Coinatory cryptocurrency news

Crypto ETPs See $240M in Outflows Amid US Trade Tariff Concerns Cryptocurrency exchange-traded products (ETPs) recorded substantial investor withdrawals last week, with $240 million in capital pulled, according to digital asset manager CoinShares. The pullback ends a two-week streak of inflows totaling $870 million and reduces total digital asset ETP holdings to approximately $133 billion. The decline in flows appears to reflect investor caution following the imposition of global trade tariffs by the Unit... Coinatory

Bill Ackman Predicts Trump May Delay Tariffs for Deal-Making The founder of Pershing Square Capital Management and a prominent advocate for the cryptocurrency industry following the collapse of FTX, billionaire investor Bill Ackman, has hinted that President Donald Trump would delay the imposition of new tariffs. Ackman contends that the President would have more time to negotiate better trade agreements as a result of the delay. One would have to think that President Donald Trump's phone has been ring... cryptonews today

Trump Imposes New Tariffs Aimed at Revitalizing U.S. Economy​ ​In a significant shift toward protectionist trade policies, President Donald Trump has enacted a 10% baseline tariff on all imports, accompanied by higher reciprocal tariffs targeting specific nations. This move, announced on April 2, 2025, is framed as a "Declaration of Economic Independence" aimed at revitalizing domestic manufacturing and addressing trade imbalances. Application and Particulars of the Tariffs On April 5, 2025, the unif... Coinatory news

Trump Urges Federal Reserve to Cut Rates Amid Economic Concerns President Donald Trump has called for the Federal Reserve to swiftly lower interest rates, warning that U.S. tariffs are already affecting the economy. “The Fed would be MUCH better off CUTTING RATES as U.S. Tariffs start to transition (ease!) their way into the economy,” Trump posted on Truth Social. “Do the right thing. April 2nd is Liberation Day in America!!!” Federal Reserve Holds Rates Steady but Lowers Growth Outlook ... crypto news today

Trump’s Digital Asset Council Eyes Expanding U.S. Bitcoin Reserves Former President Donald Trump's presidential council on digital assets executive director Bo Hines has reiterated the administration's commitment to increasing the amount of Bitcoin held in the US. Hines stressed the need of preserving and expanding the country's holdings of the top cryptocurrency in the world while speaking at a Blockworks event in New York on March 18. Comparing the buildup of Bitcoin to national gold reserves, Hines said, ... Coinatory cryptonews

Coinbase to Expand U.S. Workforce by 1,000 Jobs in 2025 Amid Trump’s Crypto Advocacy In 2025, Coinbase CEO Brian Armstrong expects to hire over 1,000 more staff members in the US, citing President Donald Trump's ardent support of cryptocurrencies as the reason. The Biggest Hiring Drive in Coinbase's History In a video posted to X on March 7, Armstrong stated, “Coinbase is planning to hire about 1,000 people in the United States this year as a direct result of his actions already in the first 60 days or so.” ... cryptocurrency news Coinatory

Trump's Crypto Reserve Plan Faces Backlash Over Altcoins Within the cryptocurrency industry, President Donald Trump's plan to include altcoins in a U.S. strategic crypto reserve has sparked debate. Many people wonder why it makes sense to include more than just Bitcoin. The project, which was unveiled on Truth Social, intends to create a reserve that includes Bitcoin, Ethereum, XRP, Solana, and Cardano. After a recent market decline connected to Bybit's $1.4 billion security breach, the announcemen... Coinatory cryptocurrencies news

Trump Eyes a16z Policy Head Brian Quintenz for CFTC Chair Former CFTC commissioner and Andreessen Horowitz (a16z) policy chief Brian Quintenz is reportedly Trump’s pick to lead the Commodity Futures Trading Commission (CFTC), signaling a pro-crypto regulatory shift. Quintenz to Push for Crypto-Friendly Regulation at CFTC According to a document sent from the White House to Capitol Hill, Trump intends to nominate Quintenz as the next CFTC chair, Bloomberg reported on Feb. 12. If confirmed... cryptocurrency news

Trump Signs Executive Order to Bolster U.S. Crypto Leadership The creation of the Presidential Working Group on Digital Asset Markets through an executive order issued by former President Donald Trump is a significant move for the bitcoin industry. Eleanor Terrett, a reporter for Fox Business, said the goal of this project is to strengthen the US' standing as a global leader in digital finance. The goal of the recently established Working Group is to develop a federal regulatory framework for digital as... Trump Signs Executive Order to Bolster U.S. Crypto Leadership

Trump's World Liberty Multisig Amplifies Crypto Investments Trump's World Liberty Multisig wallet has increased its cryptocurrency holdings, concentrating on Ethereum (ETH), Chainlink (LINK), and Aave (AAVE). The most recent purchases, according to Lookonchain, are 685 AAVE (about $246,700) at $360 per token and 37,052 LINK (about $1 million) at $27 per token. Since November 30, the wallet has held 8,105 ETH, 103 cbBTC, 78,387 LINK, and 4,043 AAVE. These purchases increase that amount. The following are ... Coinatory cryptocurrencies news