Key points:
• Trump’s memecoin saw a 25% drop in value after he failed to mention cryptocurrency during his inauguration speech.
• Lawyers have filed a lawsuit against Elon Musk’s Department of Government Efficiency.
• Trump’s World Liberty Financial has purchased $47 million in wrapped Bitcoin.
@just
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Key points:
• The BTC Strategic Reserve narrative is officially debunked, with no actual creation of such a reserve.
• Trump did not acquire any Bitcoin; the WBTC in his son’s wallet is an ERC-20 token.
• The executive order claims to protect citizens’ blockchain rights, though these protections are mostly symbolic.
@just
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