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In a dramatic twist from the Trump family, Eric Trump has announced his shift to the cryptocurrency space. Citing his family's struggles and calling their business “the most canceled company, probably on Earth,” Eric has embraced crypto as a faster, more transparent, and pragmatic alternative. His latest venture, American Bitcoin, is a bitcoin mining project in partnership with Hut 8, signaling a new direction for the family’s business endeavors. This strategic pivot reflects a broader trend where traditional business challenges push leaders to seek innovative solutions in the fast-evolving world of digital assets. Eric Trump’s move is already stirring conversation among investors, who view it as a potential signal of more widespread adoption of crypto strategies within legacy business circles. In a parallel development, President Donald Trump’s crypto empire is set to expand further . World Liberty Financial, a venture that Trump helped launch last year, recently announced plans to introduce a dollar-backed stablecoin, USD1, as well as new investment funds for digital assets. These initiatives are designed to facilitate seamless, secure cross-border transactions and capitalize on the growing mainstream appeal of cryptocurrencies. This expansion marks a significant step for the Trump family in the digital asset arena. With a stablecoin and investment fund offerings on the horizon, the family aims to diversify its portfolio and tap into the burgeoning demand for crypto-based financial products. These moves come at a time when regulatory debates and market dynamics are rapidly evolving, potentially setting the stage for a new era in institutional crypto adoption. Both Eric Trump’s crypto pivot and the expansion of Trump’s crypto empire are reshaping perceptions of digital assets among traditional business and political circles. These bold moves highlight a growing recognition that cryptocurrencies are more than just speculative investments—they’re becoming integral to modern financial strategies. As the crypto market continues to evolve, these developments from the Trump family could drive increased institutional interest, greater innovation, and potentially more regulatory clarity in the future. Investors should keep a close eye on these shifts, as they may signal a broader transformation within the digital asset landscape. In a dramatic twist from the Trump family, Eric Trump has announced his shift to the cryptocurrency space. Citing his family's struggles and calling their business “the most canceled company, probably on Earth,” Eric has embraced crypto as a faster, more transparent, and pragmatic alternative. His latest venture, American Bitcoin, is a bitcoin mining project in partnership with Hut 8, signaling a new direction for the family’s business endeavors. This strategic pivot reflects a broader trend where traditional business challenges push leaders to seek innovative solutions in the fast-evolving world of digital assets. Eric Trump’s move is already stirring conversation among investors, who view it as a potential signal of more widespread adoption of crypto strategies within legacy business circles. In a parallel development, President Donald Trump’s crypto empire is set to expand further . World Liberty Financial, a venture that Trump helped launch last year, recently announced plans to introduce a dollar-backed stablecoin, USD1, as well as new investment funds for digital assets. These initiatives are designed to facilitate seamless, secure cross-border transactions and capitalize on the growing mainstream appeal of cryptocurrencies. This expansion marks a significant step for the Trump family in the digital asset arena. With a stablecoin and investment fund offerings on the horizon, the family aims to diversify its portfolio and tap into the burgeoning demand for crypto-based financial products. These moves come at a time when regulatory debates and market dynamics are rapidly evolving, potentially setting the stage for a new era in institutional crypto adoption. Both Eric Trump’s crypto pivot and the expansion of Trump’s crypto empire are reshaping perceptions of digital assets among traditional business and political circles. These bold moves highlight a growing recognition that cryptocurrencies are more than just speculative investments—they’re becoming integral to modern financial strategies. As the crypto market continues to evolve, these developments from the Trump family could drive increased institutional interest, greater innovation, and potentially more regulatory clarity in the future. Investors should keep a close eye on these shifts, as they may signal a broader transformation within the digital asset landscape.

The first quarter of 2025 was a rollercoaster ride for Bitcoin , reflecting the broader market trends in the crypto space. After starting the year strong at $93,400, Bitcoin ended Q1 at $82,510, marking an 11.7% decline over three months. While this downward trend raised concerns among investors, it’s crucial to analyze the bigger picture before making any price predictions. BTC/USD 1-day chart - TradingView --> Click here to Trade Bitcoin, with Bitget <-- The total cryptocurrency market cap followed a similar pattern, dropping from $3.18 trillion at the start of the year to $2.63 trillion by the end of March. This 17.3% decline indicates a broader market correction rather than an isolated Bitcoin issue. However, Bitcoin dominance remains strong at 61.9%, showcasing its resilience despite the market downturn. Bitcoin's all-time high (ATH) of $109,220 remains a critical benchmark, and while the current price of $84,700 shows signs of recovery, breaking past previous highs will require renewed market momentum and investor confidence. Total Crypto Market Cap in USD, 1-day chart - TradingView Several key factors contributed to Bitcoin's Q1 performance: With Bitcoin stabilizing above $84,000 and the crypto market cap rebounding to $2.72 trillion, we may see a gradual recovery in Q2. If macroeconomic conditions improve and institutional inflows continue, Bitcoin could target the following levels : --> Click here to Trade Bitcoin, with Bitget <-- Bitcoin’s Q1 performance was a reality check for overextended bulls, but it remains the dominant force in the crypto market. With a strong 61.9% dominance, any broader market recovery will likely start with Bitcoin leading the way. While short-term price fluctuations are expected, long-term investors still see Bitcoin as a key asset in the digital economy. As we enter Q2, all eyes are on Bitcoin’s ability to reclaim lost ground and set the stage for another push towards new highs. Will Bitcoin break $100,000 again in 2025? The next few months will be crucial in shaping that answer. The first quarter of 2025 was a rollercoaster ride for Bitcoin , reflecting the broader market trends in the crypto space. After starting the year strong at $93,400, Bitcoin ended Q1 at $82,510, marking an 11.7% decline over three months. While this downward trend raised concerns among investors, it’s crucial to analyze the bigger picture before making any price predictions. BTC/USD 1-day chart - TradingView --> Click here to Trade Bitcoin, with Bitget <-- The total cryptocurrency market cap followed a similar pattern, dropping from $3.18 trillion at the start of the year to $2.63 trillion by the end of March. This 17.3% decline indicates a broader market correction rather than an isolated Bitcoin issue. However, Bitcoin dominance remains strong at 61.9%, showcasing its resilience despite the market downturn. Bitcoin's all-time high (ATH) of $109,220 remains a critical benchmark, and while the current price of $84,700 shows signs of recovery, breaking past previous highs will require renewed market momentum and investor confidence. Total Crypto Market Cap in USD, 1-day chart - TradingView Several key factors contributed to Bitcoin's Q1 performance: With Bitcoin stabilizing above $84,000 and the crypto market cap rebounding to $2.72 trillion, we may see a gradual recovery in Q2. If macroeconomic conditions improve and institutional inflows continue, Bitcoin could target the following levels : --> Click here to Trade Bitcoin, with Bitget <-- Bitcoin’s Q1 performance was a reality check for overextended bulls, but it remains the dominant force in the crypto market. With a strong 61.9% dominance, any broader market recovery will likely start with Bitcoin leading the way. While short-term price fluctuations are expected, long-term investors still see Bitcoin as a key asset in the digital economy. As we enter Q2, all eyes are on Bitcoin’s ability to reclaim lost ground and set the stage for another push towards new highs. Will Bitcoin break $100,000 again in 2025? The next few months will be crucial in shaping that answer.

BNY has announced the expansion of its digital assets platform with the launch of a new tool aimed at delivering both on- and off-chain accounting data to blockchain networks. Editor’s note: This article was updated to reflect that the company is referred to as “BNY,” not “BNY Mellon.” BNY, the world’s largest custodian, said in a press release that it was launching the Digital Asset Data Insights product, a data tool aimed at bringing security and efficiency to the offering and access to fund accounting data across blockchains. The new tool, which will see global asset manager BlackRock become the first client, will allow BNY to broadcast a fund’s net asset value on the Ethereum ( ETH ) network. Accordingly, the financial services giant’s new on-chain offering helps bolster its footprint in the blockchain technology space. Per the announcement, part of the focus is on the rapidly expanding tokenized assets market. Digital Asset Data Insights will enable BNY to leverage smart contracts to automate data delivery for investors in tokenized funds. “Accessing transparent data is critical to our clients’ success in today’s market,” said Caroline Butler, global head of digital assets at BNY. “Our platform’s support of Digital Asset Data Insights underscores our commitment to servicing the end-to-end asset lifecycle via distributed ledger technology, while maintaining data integrity from a trusted source.” The BlackRock USD Institutional Digital Liquidity Fund will be the first to benefit from the new solution. BUIDL, which launched in 2024 and is a tokenized short-term U.S. Treasury fund, will have its data broadcast onchain by BNY. Commenting on the latest development, BlackRock’s head of digital assets Robert Mitchnick said: “BNY’s enablement of off-chain data insights to public blockchains is an unprecedented event and a significant milestone for the industry. By enhancing data transparency and accessibility for our investors, BNY has set a new standard for digital asset innovation.” New York City-headquartered BNY is the fund administrator and custodian of BUIDL’s assets. BNY, which oversees more than $52 trillion in assets under custody and administration as well as over $2 trillion in assets under management, eyes distributed ledger technology for transparency and accessibility. The custodian behemoth has invested in spot Bitcoin ( BTC ) exchange-traded funds and targeted crypto ETF custody amid regulatory review.

Bitcoin (BTC) experienced a sharp pullback to $82k following US President Donald Trump’s announcement of new trade tariffs. These cover a huge number of countries in the world, and their implementation will have all kinds of consequences on the trade and financial market, not just crypto. Taking into account crypto’s already innate unpredictability, it’s no wonder why the Bitcoin price dropped, as the market’s reaction highlights growing investor concerns over macroeconomic shifts and their possible impact. Trump’s proposed tariffs signal a more aggressive stance on global trade, which has historically created uncertainty in traditional financial markets. The ripple effect on Bitcoin and the broader crypto market suggests traders are shifting their positions in anticipation of economic changes that are bound to happen. Last week, Bitcoin’s price was hovering around $88k, but this drop raises questions about further downside potential. Some analysts are eyeing the $78k level as a critical support zone. In case the bearish momentum continues, the cryptocurrency could test this level before stabilizing or rebounding. It’s worth noting that following Trump’s tariff announcement, the crypto industry experienced over $500 million in liquidations. It’s always hard to predict an exact price drop or increase, but there is reasonable certainty that Trump’s tariff policies will trigger broader market sell-offs. High leverage in the crypto market increases the likelihood of excessive price movements, making liquidations a key factor in determining whether Bitcoin holds above $80k. Adding to near-term uncertainty, the Chair of the Federal Reserve of the United States, Jerome Powell, is scheduled to give a speech on April 4th, which might influence the current state of the crypto market. Bitcoin has been increasingly viewed as a hedge against inflation and macroeconomic instability. However, geopolitical events, including trade policies and interest rate shifts, will continue to play a big role in shaping short-term price action. While a dip to $78k remains a possibility, long-term bullish sentiment in the crypto space remains strong, and it’s hard to believe that Bitcoin’s price will continue to drop. Still, it’s wise to be cautious. Trump’s tariffs surely won’t go unnoticed and other countries will likely retaliate, directly affecting the crypto industry. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Trump’s role in WLFI and its stablecoin USD1 raises alarms about political influence over U.S. monetary systems. As regulatory pressure builds, BTC reacts with caution, reflecting market unease amid growing government-crypto friction. With the growing spotlight on the Trump family’s expanding presence in the cryptocurrency space—most notably through Bitcoin mining and stablecoin ventures as CNF previously reported —new concerns have emerged over potential conflicts of interest and broader implications for U.S. monetary policy. This attention intensifies in light of President Donald Trump’s ties to World Liberty Financial (WLFI) and its upcoming USD1 stablecoin launch. California Representative Maxine Waters, ranking member of the House Financial Services Committee, has publicly raised concerns about Trump’s deepening ties with the crypto sector. Her primary concern centers on World Liberty Financial’s ambitions and Trump’s role as “chief crypto advocate”, with his son Barron Trump positioned as the firm’s “DeFi visionary.” In response, Waters has introduced a draft bill aimed at regulating stablecoin issuers in the U.S. The proposal mandates one-to-one reserve backing (such as U.S. dollars or Treasury securities) and places issuers under the supervision of the Federal Reserve. This bill seeks to address emerging risks to financial stability, ensure transparency, and offer consumer protections. A tweet from WhaleFUD adds to the discussion: JUST IN: Lawmaker alleges Trump wants to replace US dollar with his stablecoin — WF (@WhaleFUD) April 2, 2025 WLFI has confirmed that its USD1 stablecoin will be fully backed by U.S. government securities and cash, with BitGoas the custody provider. Co-founder Zach Witkoff stated that USD1 aims to bridge the security of traditional finance with the innovation of DeFi, offering a trustworthy alternative in digital dollars. Top Democrats, including Senator Elizabeth Warren and Rep. Maxine Waters, have called on the SEC to preserve all documents related to President Trump’s cryptocurrency dealings. This move further signals an intent to scrutinize the political and financial ramifications of Trump-linked digital asset projects. As CNF previously reported , Trump recently called Bitcoin “the greatest store of value” and a hedge against real estate. Against this backdrop of political tension, Bitcoin (BTC) has experienced notable volatility. As of now, Bitcoin is trading at approximately $83,730, down 1.51% over the past 24 hours and 4.32% over the past week, illustrating the crypto market’s sensitivity to political and macroeconomic signals.