DJT Stock Has Plummeted 50% Since Trump’s Inauguration But Investors Could Take Heart Its Fate Is Not As Bad As TRUMP Memecoin

The ongoing downturn in capital markets, precipitated by President Donald Trump’s tariff policies, has eroded a significant chunk of value from entities tied to the president himself.

What happened: Shares of Trump Media & Technology Group Corp. DJT, co-founded and majority-owned by Trump, have shed 48% of their value since the presidential inauguration. The stock closed at a five-month low of $19.17 last week.

The decline has coincided with a broader stock market selloff, with blue-chip averages like the Dow Jones Industrial Average and the S&P 500, falling 3.7% and 5.3%, respectively, since Trump’s White House return.

However, these losses paled in comparison to the hammering…

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Record-Breaking $517 Million Bitcoin Short Placed By Influential Whale—Analyst Says The Investor Isn’t Dumb

The whale who made heads turn with their overleveraged short bet on Bitcoin BTC/USD has now opened a position worth $517 million, its highest ever.

What Happened: The investor placed its largest short ever on Bitcoin, amounting to 6,211 BTC, worth nearly $517 million, according to on-chain tracker Spot On Chain.

The position was opened at an entry price of $83,898 on decentralized perpetual trading platform Hyperliquid, and the trader was sitting on an unrealized profit of $5.95 million as of this writing. Should Bitcoin hit $85,557, which is just 2.9% away from the current price, the entire position will be wiped out.

The high-risk strategy attracted reactions from the…

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Solana turns 5: Celebrating ecosystem milestones

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

Yesterday marked the five-year anniversary of Solana’s genesis block. To celebrate, we’re taking a look back at half a decade’s worth of accomplishments within our ecosystem.​

The beginning

You’ve heard all about the ups and downs of Solana’s early days from us already — its architectural breakthroughs, the major downturn post-FTX, and its return to form as a comeback king. You can read more about it in our recent three part series here, here, and here. We also recently wrote about the technical innovations behind the network’s proof-of-history mechanism here.

Data and… Read more on Blockworks

Is this the bottom? – Blockworks

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

We hope you got some rest over the weekend, because US equities are already off to another tumultuous start this week. 

After entering a correction last week, but then hitting a year-to-date high on Friday, the S&P 500 whipsawed today. At 2:30 pm ET it had managed to get back into the green, trading 1% higher. 

The Nasdaq Composite was also faring pretty well, trading 0.8% higher at that time. 

With recession fears mounting (and signals flashing), it begs the question: Have US stocks bottomed? 

The data (mostly) says no. Let’s take a look: 

The VIX is hovering around… Read more on Blockworks

What Are They And What Do They Do?

Covenant : a usually formal, solemn, and binding agreement. 

This word has become one of the most charged words in the Bitcoin space. They’re the best thing since sliced bread. They’re the most dangerous thing since the atom bomb. They aren’t really going to do anything to scale Bitcoin, but they’re neat. 

Everyone has a completely different attitude towards them. We have the pro-faction, the anti-faction, the ambivalent faction. To make matters worse, covenant is frankly a very vague term in its description of mature and concrete proposals to the protocol that would be classified as covenants. 

The degrees of difference between the functionality of different proposals that…

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NEW: Brazil Bill Proposes Salaries in Bitcoin for Employer Payments

Brazilian lawmakers are now considering a groundbreaking bill that would allow employers to pay their workers using cryptocurrencies such as Bitcoin. Introduced by Federal deputy Luiz Philippe de Orleans e Bragança this legislation aims to integrate digital currencies into the mainstream of salary and benefit payments while ensuring a portion remains in the national currency the Brazilian real.

The proposed bill which was filed on March 12 restricts cryptocurrency payments to a maximum of 50% of total wages with the rest compensated in Brazilian reais. This measure is designed to bolster the financial technology sector and attract more crypto investments into Brazil’s economy promoting a flexible yet regulated approach to digital currency earnings.

Deputy Orleans e Bragança who has a historical lineage to Brazil’s former royal family emphasizes that this move will provide employees and employers more autonomy in their payment agreements. This initiative follows global trends where countries like Switzerland Japan and Portugal have seen successful integrations of crypto payments enhancing the financial landscape through regulated flexibility.

Bill

A Saint Patrick’s Day Price History

From $5 to $83,000 – The Digital Gold Rush Continues

Bitcoin has come a long way since trading at just $5.34 on Saint Patrick’s Day in 2012. Now, in 2025, the world’s largest digital currency has reached $83,223 on this holiday, marking a staggering 1,558,000% increase in just 13 years. With institutional adoption surging and supply remaining fixed, Bitcoin’s long-term trajectory appears stronger than ever.

A Look at Bitcoin’s Explosive Growth

Bitcoin’s price movements in the early years was anything but predictable. In just one year, from 2012 to 2013, BTC skyrocketed 780%, reaching $47. The next year, it surged again to $630, a 1,240% increase from 2013.

However,…

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