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Is Trump Secretly Building a Crypto Empire?

Goldman’s Crypto Move Everyone’s Talking About.

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

🌍 This Crypto Move Shaking Markets.

🏦 Goldman’s Crypto Move Everyone’s Talking About.

📊 Is Fetch.AI About to Break—or Make—a Comeback?

Donald Trump is making waves in the crypto world.

His company, Trump Media & Technology, is in advanced talks to acquire Bakkt, a crypto trading platform.

The news caused:

  • Bakkt stock to soar by 162%.

  • Trump Media shares to climb 17%.

This move aligns with Trump’s growing embrace of digital assets during his campaign.

On Monday, Trump met with Coinbase CEO Brian Armstrong, marking a pivotal moment.

Key crypto promises from Trump’s campaign include:

  • Building a Bitcoin reserve.

  • Establishing a crypto advisory council.

  • Firing SEC Chair Gary Gensler.

Meanwhile, Bitcoin is trading near $91,800, up 120% this year.

Goldman Sachs is shaking up the financial world with its latest move.

The investment bank is spinning off its crypto platform into a standalone company.

Here’s what they’re planning:

  • Focus: Tokenizing real-world assets (RWAs) like U.S. Treasury bills.

  • Target Audience: Institutional clients, not retail investors.

  • Technology: Leveraging permissioned blockchains for secure and fast execution.

  • Strategic Partner: Tradeweb Markets, an electronic trading platform.

Demand for tokenised RWAs is soaring, with $2.4 billion locked in tokenised U.S. Treasury debt.

Goldman is also heavily investing in Bitcoin ETFs, riding the wave of regulatory approvals.

The spinout is expected to be completed within 12–18 months, pending regulatory approvals.

This could mark a seismic shift in how traditional finance adopts blockchain.

Cover art/illustration via CryptoSlate.

Fetch.AI (FET) is down 17% this week, trading at $1.31.

The market is watching closely—will FET fall below $1 or rally back?

Here’s what’s driving the narrative:

  • Nvidia Catalyst: Upcoming earnings could spark interest in AI coins.

  • "Earn and Burn" Mechanism: Speculation around this could fuel a bullish reversal.

  • Key Levels:

    • Support: $1.32 (20DMA) is holding firm.

    • Upside Target: $1.46 (+11.7%).

    • Downside Risk: Limited to $1.20 (-8.5%).

While FET fights to recover, Pepe Unchained ($PEPU) is making waves:

  • Massive Presale: $40M raised and counting.

  • Innovative Features:

    • Blockchain is 100x faster than Ethereum.

    • Lower transaction fees.

    • Decentralised exchange (DEX) and cross-chain bridge.

What do you think about today’s edition?

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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