Bitcoin News Today TheBitTimes.com

Official Trump (TRUMP) rallied 4.46% in the past 24 hours to $9.10, while trading volume surged 346% to $1.38 billion. The move outpaced the broader crypto market’s 0.4% gain, with traders tying the spike to the launch of a Trump-linked DeFi project. Official Trump (TRUMP) trading volume. Source: CoinMarketCap Outside of the charts, momentum for TRUMP has been fueled by today’s debut of World Liberty Financial (WLFI), a new DeFi venture backed by members of the Trump family. WLFI’s governance token is set to begin trading for the public on September 1, with early investors capped at selling just 20% of their holdings.  The family connection has spilled over into hype around the TRUMP meme coin, which traders see as part of a broader “Trump crypto” narrative. Why is TRUMP token rallying The logic is straightforward: if WLFI gains traction, attention on Trump-branded or Trump-linked assets intensifies. That speculative spillover has been enough to spark renewed i...

Crypto billionaire Mike Novogratz isn’t a fan of the controversial Trump memecoin. While speaking at Bitcoin Investor Week on Monday, Novogratz argued that the Trump Administration is “categorically good” for the crypto sector. However, he also bemoaned the impact of Official Trump (TRUMP), which launched in January, days before Donald Trump’s presidential inauguration. “Sometimes you got to take the good with the bad. I was at the Vice President’s Ball and the Crypto Ball first, so you saw lots of the crypto Illuminati. And I mean it was a turd in the punchbowl as soon as that thing got launched. Everyone looked at themselves and was like, ‘Oh that just didn’t happen.’ The group collectively and many people in this room have worked so hard over the last eight years to finally get across the finish line, and that made it feel a little foolish.”  TRUMP is trading at $10.81 at time of writing and is more t...

The crypto market has gained widespread fame (and notoriety) for wild price swings — stories of traders turning small sums into fortunes are relatively common, but they have become slightly less frequent as the market matures. However, opportunities are still present for traders savvy enough to spot them in time — and one trader in particular turned just $96 into $3 million with a well-timed swap. Memecoin millionaire’s bet pays off The trader’s gambit started on August 12 — when two Uniswap transactions took place, per data from Lookonchain .  Picks for you Truflation and Scannit partner up to create more comprehensive data sets 6 mins ago 2 promising yield farming crypto to buy in Q4 2024 24 mins ago ...