Here's what happened in crypto today

Here's what happened in crypto today
Photo by Thomas Charters / Unsplash

California governor teases “Trump Corruption Coin”

California Governor Gavin Newsom told the "Pivot" podcast he plans to launch a memecoin he described as the "Trump Corruption Coin." According to Newsom, the token is meant as a satirical response to former president Donald Trump’s involvement in memecoins; proceeds would support redistricting efforts and voter outreach under a broader "Campaign for Democracy" initiative. Newsom said the move is intended to spotlight what he called the absurdity of some political crypto ventures.

“Buy the dip” chatter is rising — and that can be a warning

Sentiment platform Santiment reported a significant uptick in social-media mentions urging people to "buy the dip" after Bitcoin declined roughly 5% over the past week. Santiment’s analysts cautioned that such spikes in bullish chatter may not signal a market bottom; historically, true bottoms have often coincided with widespread fear and low interest in buying rather than enthusiasm.

Eric Trump predicts $1 million Bitcoin

Speaking at the Bitcoin Asia 2025 conference in Hong Kong, American Bitcoin co‑founder Eric Trump said he expects Bitcoin to reach $1,000,000 within the next several years. He pointed to growing demand from institutions, sovereign funds, corporations and wealthy private investors as reasons to expect continued price appreciation and broader adoption.

For more in‑depth coverage and related features, Cointelegraph’s Editor’s Choice and topic pages offer deeper analysis on price trends, adoption, and regulatory developments.

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