Trump


Videos

Donald Trump-Themed DJT Token Slumps 90%

Trump-themed DJT token, issued by Martin Shkreli dove 90%. The token plummeted after a single wallet sold $2 million worth in one transaction reducing its market cap to $3 million from $55 million. Martin Shkreli claimed he and Barron Trump created the token but denied that he held any tokens or keys. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Recent Videos

Markets

Trump-Themed ‘DJT’ Token, Issued by Martin Shkreli, Suddenly Dives 90%

A single wallet sold $2 million worth of the token earlier Tuesday, causing market capitalization to fall from $55 million to as low as $2 million almost instantly.

Former pharmaceutical executive Martin Shkreli on the left points as he exits a courthouse (Drew Angerer/Getty Images)

Videos

Kamala Harris Can't 'Cede Crypto to Trump'; Bybit Withdraws Services From France

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as the Official Monetary and Financial Institutions Forum says that Harris cannot afford to "cede crypto to Trump." Plus, the U.S. added 114,000 jobs in the month of July, and crypto exchange Bybit said it will withdraw its services from France in response to regulations in the country.

Recent Videos

Policy

Kamala Harris Can't Cede Crypto to Trump, Could be Difference in Battleground States: Think Tank

"Kamala Harris must lay out her own agenda for cryptoassets or she risks ceding the ground entirely to the Republicans," said the commentary from OMFIF’s Digital Monetary Institute.

Kamala Harris.  (Megan Varner/Getty Images)

Finance

Donald Trump Site Lists Limited-Edition 'Bitcoin Sneakers' for as Much as $500 a Pair

The most expensive bright orange, high-top sneakers are already sold out and being relisted on eBay for as high as $2,500.

Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)

Markets

Bitcoin's Future Could be Tied to the Outcome of the U.S. Election: Jefferies

Trump’s policy shift towards crypto is very recent, but it may impact the price of bitcoin in the near term depending on who wins the U.S. election in November, the report said.

Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)

Markets

Polymarket Whales Favor Trump as Election Betting Surges Past $400M

Traders also are skeptical about China 'unbanning' bitcoin

Bitcoin Nashville attendees queued up early on Saturday to get into the conference venue, Music City Center, ahead of former President Donald Trump's speech (Bradley Keoun)

Opinion

Is Donald Trump Insulating Bitcoin’s Price From the Tech Stock Slide?

With bitcoin steady and tech stocks tanking, is this BTC’s decoupling moment? If so, former president Trump may be the reason, says CoinDesk’s senior analyst George Kaloudis.

A new poll suggests former U.S. President Donald Trump's recent support for crypto may convince some Republicans to see him in a more positive light. (Win McNamee/Getty Images)

Markets

Any Near-Term Rebound in Crypto Market Likely to Be Temporary: JPMorgan

The bitcoin price is currently too high versus its production cost and relative to its volatility-adjusted comparison to gold, the report said.

(Shutterstock)

Policy

Biden Dropout Chances Rise to 68% After Covid Diagnosis

President Joe Biden said during an interview that if a medical condition emerged, he'd consider dropping out of the race.

The market ponders Joe Biden's future (Jon Tyson/Unsplash)