White House declares 'Golden Age' as Trump's family wealth soars in cryptocurrencies

Source: Yellow Original Title: The White House Declares the ‘Golden Age’ of the United States as Family Wealth Surges by $2.9 Billion and Retail Investors Lose Millions

Original Link: The Trump administration declared that the golden age of the United States has arrived, marking the transformation of the skeptical president into a champion of the crypto industry, a conversion that has generated $2.9 billion for companies linked to his family in cryptocurrency ventures, with 40% of that amount held in crypto assets.

“Welcome to the golden age,” said the White House. “Since the president took office, companies have invested trillions of dollars in their US-based operations, relocating and creating hundreds of thousands of new jobs for Americans.”

The extraordinary accumulation of wealth occurred as the president shifted from being a cryptocurrency skeptic to an industry champion, fulfilling campaign promises to reshape US crypto policy while benefiting from his family’s deep involvement in digital asset ventures launched during his return to the White House.

The $2.9 billion profit, detailed by watchdog group State Democracy Defenders Fund, represents one of the most dramatic examples of presidential family wealth accumulation in modern American history and raises serious questions about conflicts of interest as the administration positions itself as the architect of the industry’s future regulation.

From Campaign Promises to Industry Action

During his 2024 presidential campaign, Trump courted the crypto sector with broad promises that marked a significant shift from his previous dismissals of Bitcoin.

Speaking at the Bitcoin 2024 conference in Nashville, Trump promised to fire Securities and Exchange Commission Chair Gary Gensler “on day one,” establish a strategic Bitcoin reserve, and transform the United States into the “crypto capital of the world.”

“If we don’t adopt crypto technology and Bitcoin, China will. If Bitcoin goes to the moon, I want the US to lead the way,” Trump told the crowd.

The administration moved quickly after the January 20, 2025 inauguration. On January 23, he signed his first major executive order on cryptocurrencies, directing federal agencies to establish industry-friendly oversight and explore a “digital assets reserve.”

The order banned central bank digital currencies and revoked policies that crypto advocates called a regulatory war.

Subsequent actions included creating the President’s Working Group on Digital Asset Markets, establishing a Bitcoin reserve using previously seized assets, and issuing executive orders in August 2025 that opened pathways for crypto investments in 401(k) retirement plans.

Personal Gains and Ethical Concerns

The crypto wealth of the family began dramatically on January 17, 2025, three days before the inauguration, when they launched the meme coin TRUMP on the Solana blockchain.

The token skyrocketed to a market cap of $15 billion within hours, briefly surpassing $25 billion before crashing.

According to blockchain analysis firm Chainalysis, entities linked to the family raised $320 million in commissions from trading activity of the token through May 2025, even as the meme coin fell 87% from its peak.

Data showed that most retail investors who bought the token lost money.

The launch drew immediate criticism from ethics watchdogs and crypto advocates alike, questioning whether a sitting president should profit from digital assets while simultaneously shaping industry policy.

The president’s wife intensified concerns days later by launching her own meme coin, further diluting the token’s value.

Analysis by the State Democracy Defenders Fund suggests that the family’s crypto-related wealth extends far beyond meme coin commissions, including appreciation of holdings in various digital assets, totaling approximately $1.16 billion (the 40% of the total $2.9 billion) currently held in cryptocurrencies.

Market Reality vs. ‘Golden Age’ Rhetoric

By early 2026, the performance of the cryptocurrency market starkly contrasted with the administration’s triumphant rhetoric.

Bitcoin traded around $88,200 on January 1, roughly 30% below its all-time high of $126,080 reached on October 6, and well below the psychological $100,000 barrier many analysts had predicted for the end of the year.

Ethereum was stagnant at $2,986, while crypto markets overall faced headwinds from tax sales, ETF outflows, and reduced liquidity due to the holidays.

Notably, precious metals surged to all-time highs at the end of December 2025, with gold and silver attracting capital that crypto bulls had hoped would flow into digital assets.

Market analysts pointed out the challenging environment, saying: “Holiday-driven movements tend to revert to the mean historically, with price action weakening as liquidity returns in January.”

The administration’s political achievements, including pending legislation on market structure and regulatory clarity for stablecoins, represent tangible progress for an industry that faced existential uncertainty under the previous leadership.

However, the nearly $3 billion wealth increase of the president’s family through crypto ventures and recent market difficulties highlight the gap between Washington’s “golden age” message and the financial reality faced by retail crypto investors entering 2026.