President Trump says crypto survives the crash better than stocks

By: optimisus|2025/05/05 19:30:02

Former President Donald Trump has reiterated his strong support for crypto, emphasizing its resilience during market downturns and its growing acceptance. In a recent interview with NBC News’ Meet the Press, Trump highlighted the importance of the U.S. leading in digital asset innovation to avoid falling behind countries like China. He expressed his belief that crypto is crucial for the future, stating, “I want crypto,” and noted that it has remained robust compared to other market sectors during challenging times.Trump criticized the Biden administration for its initial crackdown on cryptocurrencies, suggesting that the shift to a more lenient approach was politically motivated. He defended his involvement in the crypto space, asserting that his support for digital assets predates his presidential campaign and denying any personal financial gain from the Official Trump token (TRUMP). He stated, “I’m not profiting from anything,” and emphasized that he has contributed his entire presidential salary to the government.When questioned about potential profits from the TRUMP token, which has seen a significant decline in market capitalization from nearly $15 billion to around $2 billion, Trump maintained that he had not closely monitored the token's performance. He also dismissed the idea of contributing any crypto-related earnings to the government, likening it to not giving away profits from his real estate holdings due to his presidential role.The TRUMP token experienced a notable surge of over 70% recently after the announcement of an exclusive dinner event for top token holders, scheduled for May 22 at Trump National Golf Club. This event, limited to the top 220 wallet holders, has raised concerns among lawmakers. Senators Elizabeth Warren and Adam Schiff have called for an ethics investigation, citing potential conflicts of interest and the risk of personal enrichment through access to presidential events.Even some of Trump’s supporters have expressed discomfort with the situation. Senator Cynthia Lummis, a Bitcoin advocate, acknowledged her unease, stating, “This is my president that we’re talking about, but I am willing to say that this gives me pause.” The ongoing developments surrounding the TRUMP token and its implications for ethics in political fundraising continue to draw bipartisan scrutiny.The post President Trump says crypto survives the crash better than stocks appeared first on Optimisus.

By establishing a framework based on the principle of "general law" and broadly defining the function of "payment tools," future innovations can be automatically included in the regulatory perspective, thereby breaking the passive cycle of "innovation-regulation-re-innovation-re-regulation" and guid...

Who will own the most Bitcoin in 2026

In this article, we will examine some individuals, companies, and wallets that have become crypto whales based on on-chain data and their own public statements, and investigate the amount of Bitcoin they hold.

A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic

What shapes the global AI landscape is not only the competition of technological routes but also a personal trauma that has never healed.

"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?

The encryption czar has left, and Trump has muted.

From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC

Financial infrastructure is the real reason that attracts venture capital investment in the cryptocurrency field.

A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic

Shaping the global AI landscape is not just a battle of technical paths, but also a wound of private trauma that has never healed

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized

Essentially, this attribute allows stakeholders to have a "virtual lane" within a high-throughput blockchain to ensure their transactions can be included.

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized

Essentially, this attribute allows stakeholders to have "virtual lanes" within a high-throughput blockchain, ensuring that their transactions can be included.

2% user contribution, 90% trading volume: The real picture of Polymarket

Is Polymarket a battleground for retail investors or an arena for institutions?

Trump Can't Take It Anymore, 5 Signals of the US-Iran Ceasefire

From Oil Prices and Elections to Secret Negotiations, Are the US and Iran Really Heading for a Ceasefire?

Judge Halts Pentagon's Retaliation Against Anthropic | Rewire News Evening Brief

The "Orwellian" Term Stymies Pentagon's Supply Chain Risk Label for Anthropic

Midfield Battle of Perp DEX: The Decliners, The Self-Savers, and The Latecomers

Hyperliquid has captured this wave of geopolitical market trends with commodity contracts. Decentralized exchanges are moving from internal competition within the crypto industry to a genuine alternative to traditional financial infrastructure, and this direction has only just begun.

Iran War Stalemate: What Signal Should the Market Follow?

Watch the Bond Market

Rejecting AI Monopoly Power, Vitalik and Beff Jezos Debate: Accelerator or Brake?

Can technological advancement be guided, or has it already gone beyond our control?

Insider Trading Alert! Will Trump Call a Truce by End of April?

Multiple Accounts Accurately Predict War, Earn $1.8 Million

After establishing itself as the top tokenized stock, does Ondo have any new highlights?

The total market capitalization of the global stock market is about $150 trillion, while the tokenized stocks market is currently only $10 billion in size, making it akin to a nascent super market that has just cracked the door open.