Anthony Scaramucci, founder of SkyBridge Capital and vocal cryptocurrency advocate, predicted that meme coins will eventually trend toward zero.Memecoins Offer Little Utility, Says ScaramucciDuring an exclusive chat with Benzinga, Scaramucci said he’s all for a free world and stands by people’s right to buy and sell meme coins.“I just think meme coins, generally, their trend line will be toward zero. That’s my prediction,” stated the former White House Communications Director.Scaramucci said he finds little ...

Core Insights - U.S. President Donald Trump has reportedly built a crypto empire valued at over $1 billion through various family-run ventures, including memecoins, stablecoins, and tokenized finance [1][2] Group 1: Financial Performance - Trump and his family have earned over $1 billion in pre-tax profits from their digital asset ventures, which include memecoins, stablecoins, trading cards, and decentralized finance projects [2] - The family's memecoin projects, TRUMP and MELANIA, generated approximately $427 million in fees and trading profits [7] Group 2: Business Operations - The network of companies behind the Trump family's digital asset operations has rapidly expanded since his return to the presidency [2] - World Liberty Financial, co-founded by Trump's sons, operates the WLFI token and the USD1 stablecoin, with token-sale proceeds estimated above $2.7 billion [4] Group 3: Regulatory Environment - Trump's administration has been characterized as one of the most industry-friendly in U.S. history, with policies including the creation of a national Bitcoin reserve and relaxed enforcement at the SEC [3] - Following the resignation of Gary Gensler from the SEC, enforcement actions against major crypto donors were reportedly dropped or settled [6] Group 4: Family Involvement - Eric Trump indicated that the family's actual crypto profits might exceed the reported $1 billion [5] - DT Marks DeFi LLC, controlled by the Trump family, initially owned 75% of World Liberty Financial but later reduced its stake to 38% [5]

Key Points Sui is an up-and-coming Ethereum challenger that recently hit a new all-time high in January. New spot ETFs could be coming for Sui in October. The formation of new Sui treasury companies could add upward pressure to the price. 10 stocks we like better than Sui › On the surface, Sui (CRYPTO: SUI) looks like a very unappealing investment. The cryptocurrency is down almost 20% for the year, and now trades 35% below its all-time high of $5.35 from January. To say that 2025 has been a diff ...