Trump's Wealth Grows by $1.3B Amid Crypto Debuts; Tether CEO Denies BTC Sale Rumors

08/09/2025 10:30

Trump's family wealth has increased by $1.3 billion following the debuts of ABTC and WLFI. Meanwhile, a solo Bitcoin miner successfully mined a block, earning 3.129 BTC valued at $347,980. Tether CEO Paolo Ardoino has denied rumors that the company sold Bitcoin for gold, stating, "We buy and hold both." In other news, El Salvador's President Bukele announced the purchase of 21 Bitcoin to commemorate Bitcoin Day. As Venezuela's inflation hits 229%, stablecoins like USDT have replaced the bolívar. Tom Lee's FutureCrest SPAC has filed for a $250 million Nasdaq IPO, targeting AI and fintech sectors. Additionally, Michael Saylor hinted at another Bitcoin purchase, and the SEC has launched a task force to combat cross-border fraud.

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