Bitcoin Hits $111K Record, Eric Trump Defends President’s Memecoin Dinner | COINDESK DAILY
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 22 May 2025
⏱️ 3 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Bitcoin Pizza Day is now a $1 billion celebration as Bitcoin hits a new record high. |
| 0:05.7 | It's Thursday, May 22nd, 2025. I'm Christine Lee. This is Coin Nest Daily. |
| 0:15.6 | Bitcoin skyrocketing to a new record above $11,000, surging 50% from its April low, driven by institutional |
| 0:23.3 | investment via ETF inflows and corporate Bitcoin treasury adoption. Bitcoin is still below its peak |
| 0:29.0 | when measured against gold and silver and some other major currencies, like the British pound |
| 0:32.9 | and Swiss franc, indicating there's still room for further appreciation. Bitcoin reached its new all-time |
| 0:38.7 | high of 11-800 on the 15th anniversary of Bitcoin Pizza Day when the first commercial |
| 0:43.9 | transaction of Bitcoin was recorded, exchanging two pizzas for 10,000 BTC, which today would |
| 0:50.0 | be worth over $1.1 billion. U.S. President Donald Trump is hosting a gala dinner and VIP reception Thursday night |
| 0:57.5 | billed as the most exclusive invitation in the world at the Trump National Golf Club, |
| 1:02.5 | Washington, D.C. for his 220 top meme coin holders. |
| 1:07.3 | Collectively, $394 million worth of the token have been bought for the event, according to Nansen, |
| 1:13.4 | generating millions of dollars in trading fees for the Trump family and their partners. |
| 1:17.9 | Several Democrats will stage protests ahead of the dinner rallying against pay-to-play access to the president's office, |
| 1:24.0 | arguing Trump's involvement in the crypto project constitutes corruption. |
| 1:28.8 | Last week during Consensus 2025, the president's son, Eric Trump, defended his father. No access to president's |
| 1:34.2 | sentence. There's zero access to the president. And I started World Liberty long before he |
| 1:39.8 | ever got a lesson. You were in the Fifth World, long before he was ever elected. And one has absolutely nothing to do in the other. the world, long of the career that was ever elected. |
| 1:46.0 | And one has absolutely nothing to do the other. |
| 1:47.0 | You know, here's a simple, |
| 1:47.9 | and obviously people throw this nonsense |
| 1:49.3 | against us all day long. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

