Trump’s FIFA Peace Prize and player suspension intervention raise governance questions with crypto parallels

Squeeze on Rust Belt electricity bills threatens Trump’s manufacturing plan.

The post Trump Says Crypto Shift Was Driven by China and Voter Demand appeared on BitcoinEthereumNews.com. Trump said China’s crypto ambitions helped change his earlier anti-crypto position. His 2024 campaign accepted over $4 million in digital asset donations. Trump faces fresh scrutiny over crypto income tied to family-linked ventures. U.S. President Donald Trump tied his crypto shift to politics, voter interest, and competition with China during an Oval Office press conference on Monday. The comments came as he announced “Trump Accounts,” investment accounts for children under 18. When asked whether the accounts would allow Bitcoin, he gave a wider answer about national strategy. Trump Ties Crypto Shift To China And Voter Demand Donald Trump said he became “a big crypto guy” because he believes the United States must not let China dominate the sector. He said the industry had grown into a major financial force after receiving little attention during his first term. “I’m a fan, I was

Lifting sanctions on Turkey could reshape NATO dynamics, impact US-Turkey relations, and influence global defense and financial markets. The post Trump plans to remove Turkey from US sanctions list during NATO summit appeared first on Crypto Briefing.

The post Bonk Price Slides After $20M DAO Attack Hits Solana Memecoin appeared on BitcoinEthereumNews.com. Key Insights Bonk Price dropped after a DAO treasury attack. BonkDAO blamed a malicious governance proposal. Bonk crypto faced pressure as memecoin demand weakened. Bonk Price fell after BonkDAO reported that an unknown entity drained treasury tokens through governance. The attack hit the Solana-based memecoin project and forced the team to contact law enforcement. The move added pressure on bonk crypto during a weak period for memecoins. Traders reacted because the exploit targeted governance, not only wallet or exchange security. Bonk Price Reacts To Treasury Drain Bonk Inu said on X that BonkDAO detected a malicious governance proposal behind the treasury loss. The project said it worked with law enforcement to recover funds and identify responsible parties. Source: Bonk Inu CoinMarketCap data showed BONK traded near $0.000004 after dropping 7.89% over the past 24 hours. The mo

The post ANSEM Surpasses TRUMP Meme Coin as Attention Flywheel Gains Momentum appeared on BitcoinEthereumNews.com. ANSEM reached a $417M market cap, surpassing TRUMP’s $395.8M on July 7. ANSEM posted 30% single-day gains and generated over twice TRUMP trading volume. Ansem airdropped his 65% allocation to the community and holds no locked tokens. ANSEM meme coin has overtaken the sitting US president’s TRUMP meme coin in market capitalization, marking an interesting moment in what some traders are describing as a generational shift in crypto market dynamics. The Flippening According to GMGN data, ANSEM tokens reached a circulating market cap of $417 million on 7 July 2026, surpassing TRUMP’s $395.8 million. However, the circulating market cap has retraced a bit at the time of writing. The development drew immediate attention across crypto social media, with the token also posting a 30% single-day gain and generating more than twice TRUMP’s trading volume. ANSEM is the token associated

The post Senate Democrats Launch Probe Into Trump’s IRS Immunity Deal appeared on BitcoinEthereumNews.com. Topline Senate Democrats sent letters Tuesday to 11 companies with ties to President Donald Trump and his family asking if they’re benefiting from the president’s IRS settlement that gave him widespread immunity, as the Trump administration defends the immunity deal despite widespread backlash. Donald Trump Jr, President Donald Trump and Eric Trump attend the opening of the Trump International Golf Links in Balmedie, Aberdeenshire, Scotland, on July 29, 2025. PA Images via Getty Images Key Facts Sens. Elizabeth Warren, D-Mass, Chuck Schumer, D-N.Y., and Ron Wyden, D-Ore., sent letters to companies asking if they believe they’re covered under the immunity deal established when Trump settled his lawsuit with the IRS. The agreement shields Trump, his eldest sons—who were also parties in the lawsuit—and any “related or affiliated” parties from being prosecuted or sued in civil court b

The post ‘Regular cycle’ disrupted? Hoskinson blames U.S. politics for crypto’s stall appeared on BitcoinEthereumNews.com. Cardano’s Charles Hoskinson has criticized Trump’s involvement in the industry after nearly two years in office.  In a recent interview with David Gokhshtein, Hoslinon contended that the cryptocurrency market is no longer propelled by its own technological advancement and uptake. Instead, it has become unduly reliant on American politics and regulation. Why is Hoskinson taking a jab at Trump? Hoskinson added his frustration, noting that what they consider to be a typical cryptocurrency market cycle has been repeatedly disrupted by political unpredictability in the United States. He believes investors spent much of their time reacting to policy uncertainty. Key questions included whether the U.S. would pass comprehensive crypto legislation, how tariff or monetary policies would affect risk assets, and whether the Trump administration would continue supporting the in

The post Walmart Rolls Back Prices On Over 250 Items—And Trump Quickly Claims Credit appeared on BitcoinEthereumNews.com. Topline Walmart moved to give inflation-weary customers a break this summer, rolling back prices on more than 250 seasonal essentials—and within hours, President Trump claimed credit for the cuts on Truth Social. ALBANY, NY – JUNE 2: Manager of the Albany Walmart supercenter on Washington Avenue Extension explains that Walmart still uses paper price labels on seasonal displays instead of the digital labels used throughout rest of store. (Larry Rulison/Albany Times Union via Getty Images) Albany Times Union via Getty Images Key Facts Rollbacks will affect prices at Walmart and Sam’s Club across more than 250 items in grocery, household essentials, outdoor living, toys and apparel. Walmart made no mention of the White House or the Trump administration in its announcement, claiming “the savings are designed to help customers and members make the most of the season whil