So, according to Forbes (because who doesn’t love a good gossip?), it seems that companies linked to our favorite orange president, Donald Trump, have decided to play a little game of “let’s reduce our exposure” to World Liberty Financial (WLF). They’ve sold off about 20% of their stake, dropping from a whopping 60% to a mere 40%. Talk about a dramatic exit! 🎭
Donald Trump Takes Money Off the Table (Again)
Now, before you start imagining Trump in a suit, personally counting the cash, let’s clarify: he’s not directly involved in these transactions. No, no, there’s someone else with a strong connection to the Oval Office doing the dirty work. Rumor has it that Trump and his family have already raked in millions from their crypto escapades. Who knew investing could be so… profitable? 💰
WLF has been a real cash cow for the Trump family. Launched last September, it reportedly contributed a cool $30 million to the Trump treasury. I mean, who needs a regular job when you can just dabble in crypto, right?
And get this: Barron Trump, the youngest of the clan, has supposedly made over $40 million as a ‘Web3 Ambassador’ for WLF. With a little help from his older brothers, Don Jr. and Eric, he’s been promoting the company like a pro. I guess the family business is thriving! 🤑
In January alone, WLF netted a staggering $200 million for the Trump family. But wait, there’s more! After such a stellar performance, the company decided to shake things up, reducing the Trump family’s stake from 75% to 60%, and now down to 40%. It’s like a game of musical chairs, but with money! 🎶💸
It seems the Trumps are slowly but surely pulling back. Neither they nor the representatives from WLF have commented on why they’re selling off their shares. Maybe they’re just trying to keep us all guessing? 🤷♀️
However, some speculate that with the company’s success, the Trumps might be cashing in while the market is still hot. Because why not? After all, who doesn’t love a good profit?
Experts have been quick to criticize the Trump family’s behavior, openly calling it corruption. Julian Zelizer, a political history expert from Princeton, had this to say:
To me, Trump’s crypto dealings seem pretty explicit. Policy decisions are being made regarding parts of the financial industry that are being done not to benefit the nation, but his own financial interests … It’s hard to imagine what he’s doing benefits the nation.
Is Donald Trump Preparing for a Crypto Winter? ❄️
As we speak, the crypto market is experiencing a bit of a meltdown. Bitcoin and Ethereum, the top dogs of the crypto world, have seen losses between 3% and 10% over the past week. Ouch! 😬
Experts from QCP Capital suggest that we might be heading for a sluggish summer. Apparently, a mix of macroeconomic factors and seasonal trends will push Bitcoin and altcoins into a prolonged low volatility environment. Sounds thrilling, right? 😴
It seems the Trumps and other institutional investors might be taking a summer vacation, leaving the crypto market in a bit of a standstill. QCP stated:
Summer sluggishness has set in for crypto. BTC implied volatility is back below 40%, erasing its recent spike. Risk reversals are still negative, suggesting cautious sentiment.
Cover image from ChatGPT, TRUMP/USDT chart from Tradingview
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2025-06-19 19:02