The newly launched $trump and U.S. first lady Melania Trump's $melania memecoins have each plummeted as traders cash

It’s still early days, but the kickoff of President Donald Trump’s second term appears to have left some crypto investors disappointed so far. Trump, whose candidacy was endorsed by key crypto players and who had made several promises related to the industry,

After skyrocketing over the weekend, the the TRUMP and MELANIA meme coins came crashing a day after President Donald Trump took office.

Circle chief executive Jeremy Allaire thinks President Donald Trump will enable banks to trade crypto assets. In a new interview with Reuters, Allaire predicts Trump will sign a flurry of executive orders (EOs) enabling banks to hold digital assets in portfolios, trade them and offer crypto services to wealthy customers.

The support from Donald Trump community expects Bitcoin prices to surge due to the pro-crypto initiatives expected to be formed.

"Official Trump," a token representing the new U.S. leader, plunged as much as 26% in 24 hours. A meme token released Sunday by first lady Melania Trump also crashed. Trump's inauguration Monday lacked any concrete policy announcements regarding crypto.

The new peak above $109,000 was reached Monday, and stock futures edged higher. Since Trump was elected, bitcoin has surged more than 50%.

Donald Trump has been sworn in as the 47th president of the US, and the crypto community is buoyed. A look at what’s in store for the crypto industry in Trump’s second term.

On the campaign trail, Trump pitched a national bitcoin stockpile, but it remains to be seen if he will fulfill this pledge.

Bitcoin and major cryptocurrencies declined on January 23, as profit booking at higher levels and the absence of Bitcoin-related statements from Trump led to a 3.4% drop in global market cap, now at $3.

Trump’s new meme coin and other crypto plummets as president takes office - Incoming president tells fans to ‘have fun’ with new digital currencies