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Trump Family’s Volatile Crypto Venture Plunges by $1 Billion

Donald Trump’s family fortune has taken a big hit as their crypto bets turn sour. According to Bloomberg’s Billionaires Index, the family’s wealth has dropped by more than $1 billion in just a few months, falling from about $7.7 billion in early September to around $6.7 billion now.

The Trump family fortune has plummeted by a billion dollars in just a few months due to losses in the volatile cryptocurrency market.

The Daily Beast (@thedailybeast.bsky.social) 2025-11-24T12:47:06.813370Z

The main reason: heavy losses in high-risk cryptocurrencies and meme coins linked to the Trump brand. From $TRUMP to WLFI and American Bitcoin Corp, Trump-branded crypto ventures are now in a steep crash, wiping out a significant chunk of the family’s newly made wealth.

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«What a great buying opportunity. People who buy dips and embrace volatility will be the ultimate winners. I have never been more bullish on the future of cryptocurrency and the modernisation of the financial system.»

From $TRUMP to WLFI and American Bitcoin Corp, Trump-Branded Crypto Ventures Are Crashing

One of the biggest factors is the Trump-branded memecoin $TRUMP, which has lost nearly a quarter of its value in recent months.

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At the same time, Eric Trump’s stake in a Bitcoin-mining company has fallen by almost half from its peak, cutting hundreds of millions of dollars from the family’s paper gains.

Trump Media & Technology Group, the parent company of Truth Social, has also slumped. The president’s stake in the company has lost about $800 million in value since September, after earlier plans to build a big crypto treasury helped fuel a spike in expectations.

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A great buying opportunity

Despite this, Eric Trump is telling investors not to panic. He called the downturn «a great buying opportunity» and said that people who «buy dips and embrace volatility» will be «the ultimate winners», arguing he has never been more optimistic about cryptocurrency and the modernisation of the financial system.

«What a great buying opportunity. People who buy dips and embrace volatility will be the ultimate winners. I have never been more bullish on the future of cryptocurrency and the modernisation of the financial system,» Eric Trump told Bloomberg News.

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After Trump returned to the White House, his family’s fortune soared as crypto became their main growth engine. World Liberty Financial’s launch briefly added around $5 billion, Trump-branded tokens like $TRUMP surged, and Eric Trump’s American Bitcoin stake ballooned, pushing overall family wealth well above pre-presidency real-estate levels.

Trump’s second term, crypto assets transformed his family’s wealth. Now the Trumps — and their followers — are getting a crash course in the wild volatility ingrained in digital currencies.

Bloomberg News (@bloomberg.com) 2025-11-24T00:30:09.631Z
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New X Feature Shows Many Major Pro-Trump Social Media Accounts Are Based Outside the U.S.

X recently introduced a feature that reveals the country or region where an account is based, and it quickly went viral after users spotted that many major pro-Trump social media accounts appear to be operating from outside the United States.

X launched a feature over the weekend that displays users’ locations, renewing scrutiny of the provenance of many accounts, including those that post frequently about U.S. politics.

The New York Times (@nytimes.com) 2025-11-24T13:40:04.438898Z

X presents the update as a way to help users judge what is real and what isn’t on the platform. As Mr. Bier put it, «This is an important first step to securing the integrity of the global town square,» adding that the platform was working on more ways for users to verify the authenticity of content on the platform.

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«This is easily one of the greatest days on this platform. Seeing all of these MAGA accounts get exposed as foreign actors trying to destroy the United States is a complete vindication of Democrats, like myself and many on here, who have been warning about this.»

Not based in the United States

According to multiple outlets, including the New York Times and The Guardian, many prominent MAGA accounts are not based in the United States but instead operate from places like Eastern Europe, Nigeria, South Asia, Thailand and Russia, and X users are now accusing the platform of having allowed years of ongoing interference in American politics by foreign adversaries.

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Anger among X users grew when the platform suddenly pulled the tool just hours after its implementation: users reported the location feature being taken down, and while some speculated it was because it exposed the foreign origins of far-right accounts, the platform has since reinstated it with tweaks, including warnings that locations may be inaccurate or affected by VPN use.

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A long-suspected foreign influence networks

Liberal commentator Harry Sisson, who was recently targeted by an AI-generated Trump video depicting the president dumping excrement on him from a «King Trump» plane, captured the mood on X, saying «This is easily one of the greatest days on this platform. Seeing all of these MAGA accounts get exposed as foreign actors trying to destroy the United States is a complete vindication of Democrats, like myself and many on here, who have been warning about this.», a reaction that echoed growing concerns about long-suspected foreign influence networks operating in U.S. political discourse.

Among the foreign-based accounts flagged by the new X tool are pro-Trump pages that present themselves as all-American but appear to operate from abroad, including «Trump Is My President», listed as being based in Macedonia, and «ULTRAMAGA 🇺🇸 TRUMP🇺🇸2028», which claims Washington, D.C. but is shown as being in Africa.

Other high-profile examples documented by media outlets include MAGA NATION, with nearly 400,000 followers, operating out of Eastern Europe, Dark Maga from Thailand, MAGA Beacon from South Asia and MAGA Scope from Nigeria, underscoring how a chunk of the online MAGA ecosystem is being run from far beyond U.S. borders. «IvankaNews», a fan account dedicated to Ivanka Trump with around one million followers, is listed by X’s new feature as being based in Nigeria.

A new feature on Elon Musk’s X has given surprising new insight into the online “America First” movement.

The Daily Beast (@thedailybeast.bsky.social) 2025-11-23T08:15:11.077694Z
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Trump Rails Against «Ungrateful» Ukraine After Leak of US-Russia-Linked Peace Proposal

Donald Trump turned his anger on Ukraine once again after details of a supposed peace plan being discussed between Washington and Moscow leaked last week, revealing a 28-step roadmap that would hand major victories to Russia while forcing extreme concessions from Kyiv.

Ukraine’s government has been insufficiently thankful for American aid, President Trump said Sunday, as representatives from both nations were meeting to discuss a peace plan with Russia.

The New York Times (@nytimes.com) 2025-11-23T20:23:41.563589Z

Trump Insists Joe Biden Is Responsible for the War

In a lengthy post on Truth Social, Trump framed the conflict as a failure of current leadership in both Kyiv and Washington, insisting that «The War between Russia and Ukraine is a violent and terrible one that, with strong and proper U.S. and Ukrainian LEADERSHIP, would have NEVER HAPPENED.»

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«I INHERITED A WAR THAT SHOULD HAVE NEVER HAPPENED, A WAR THAT IS A LOSER FOR EVERYONE, ESPECIALLY THE MILLIONS OF PEOPLE THAT HAVE SO NEEDLESSLY DIED.»

The president went on to claim that the conflict «began long before I took office for a Second Term, during the Sleepy Joe Biden Administration, and has only gotten worse,» arguing that «If the 2020 Presidential Election was not RIGGED & STOLEN, the only thing the Radical Left Democrats are good at doing, there would be no Ukraine/Russia War, as there wasn’t, not even a mention, during my first Term in Office. Putin would never have attacked! It was only when he saw Sleepy Joe in action that he said, “Now is my chance!”»

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Trump Blasts Ukraine for Lack of Gratitude

Trump portrayed himself as the victim of a disastrous inheritance, declaring that «I INHERITED A WAR THAT SHOULD HAVE NEVER HAPPENED, A WAR THAT IS A LOSER FOR EVERYONE, ESPECIALLY THE MILLIONS OF PEOPLE THAT HAVE SO NEEDLESSLY DIED.»

«UKRAINE “LEADERSHIP” HAS EXPRESSED ZERO GRATITUDE FOR OUR EFFORTS.»

-Donald Trump
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He also vented at Kyiv, writing that «UKRAINE “LEADERSHIP” HAS EXPRESSED ZERO GRATITUDE FOR OUR EFFORTS, AND EUROPE CONTINUES TO BUY OIL FROM RUSSIA,» before turning his fire back on Washington: «THE USA CONTINUES TO SELL MASSIVE $AMOUNTS OF WEAPONS TO NATO, FOR DISTRIBUTION TO UKRAINE (CROOKED JOE GAVE EVERYTHING, FREE, FREE, FREE, INCLUDING “BIG” MONEY!). GOD BLESS ALL THE LIVES THAT HAVE BEEN LOST IN THE HUMAN CATASTROPHE! President DJT».

«We are grateful for everything that America and President Trump are doing for security, and we keep working as constructively as possible».

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Since February, as Trump’s second-term push for a deal with Vladimir Putin gathered pace, Moscow’s offensive has only intensified. Russian forces have dramatically stepped up missile and especially drone strikes on Ukrainian cities and infrastructure, with independent tallies showing that the average number of kamikaze drones launched in 2025 is now more than three times last year’s rate.

Zelensky Stresses Gratitude to Trump

In Kyiv, officials argue that Putin has taken advantage of having Trump back in the White House to escalate under the cover of “peace talks,” gambling that Washington will avoid any move that might seriously disrupt Russia’s campaign while its own 28-point plan is on the table.

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After Trump’s tirade, Zelensky issued a carefully worded statement stressing Kyiv’s appreciation for Washington’s backing, saying «We are grateful for everything that America and President Trump are doing for security, and we keep working as constructively as possible».

Britain, France and Germany have put forward a counter-proposal aiming to blunt the most controversial elements of the U.S. plan. Their framework rejects limits on Ukraine’s armed forces, opposes any territorial concessions to Russia and insists on long-term security guarantees, signaling Europe’s push to shield Kyiv from a deal seen as too favorable to Moscow.

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The European counter-proposal from Britain, France and Germany softens the language around NATO, strips out any requirement for territorial concessions, and demands an immediate ceasefire. It also removes the deadline for Ukrainian elections, seeking to ease pressure on Kyiv while keeping the focus on strong security guarantees and full sovereignty.

U.S. and Ukrainian negotiators met in Geneva for what officials cast as an emergency session convened after last week’s leak of the 28-point American peace proposal, a disclosure many in Kyiv and Western capitals believe was deliberately fed to the media by Moscow, with both sides saying they made «good progress» on refining the plan and pledging to continue talks «in the coming days».

JUST IN: The U.S. and Ukraine made "meaningful progress toward aligning positions" on President Trump's proposed peace plan during their talks in Geneva today, the two countries said in a joint statement issued by the White House.

Axios (@axios.com) 2025-11-23T23:59:35.266Z

A bewitching green carpet for Wicked: For Good with Ariana Grande and Jeff Goldblum

Ariana Grande and Jeff Goldblum shine on the enchanted green carpet at the European premiere of Wicked: For Good in London, at Cineworld Leicester Square. The event, anticipated for months, transformed the heart of the West End into an enchanted realm, where elegance, magic and cinema merged under the spotlights. Here are live photos from the red carpet.

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Trump has bought $82 million in bonds since August

U.S. President Donald Trump bought at least $82 million in corporate and municipal bonds from late August to early October, financial disclosures made public on Saturday showed.

Investments include bonds from sectors benefiting from his policies.