Trump hypes crashing meme coin, hedge funders cry ‘havoc’

The Official Trump meme coin reached its all-time high of $75.35 on Jan. 19, 2025, shortly after its launch on Jan. 17 — three days before Donald Trump’s second term as U.S. president began. Since then, the coin’s value has fallen off a cliff. As of Feb. 1, TRUMP is trading at approximately $19.38. That’s […]
Trump’s crypto ties could cause ‘havoc,’ $70b hedge fund warns

A $71 billion hedge fund warns that Trump’s support for crypto is fueling mania that could eventually end in market turmoil. Crypto is booming, but not everyone is cheering. A $70 billion hedge fund says President Donald Trump‘s support for cryptocurrencies could end in disaster. Elliott Management warns that crypto is at the center of […]