4.8 • 689 Ratings
🗓️ 20 August 2025
⏱️ 3 minutes
🧾️ Download transcript
Host Jennifer Sanasie breaks down the latest news in the crypto industry as the Trump family extends their crypto bet to Dogecoin.
Thumzup Media Corp., which has Donald Trump Jr. as a major shareholder, said it will buy Dogehash Technologies in an all-stock deal, pivoting from digital marketing into industrial-scale crypto mining. What's next for the Trump family as they expand their crypto bet? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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0:00.0 | The Trump family expands its crypto bet and markets are in the red ahead of Jackson Hole. |
0:05.6 | You're watching CoinDisc Daily. I'm your host, Jen Sanassi. |
0:15.1 | Bitcoin and ether extended Tuesday lows and the dip in both the CoinDisc 20 and CoinDisc 80 |
0:20.0 | indexes signals a broad market |
0:22.1 | weakness. Analysts remains squarely focused on Fed Chair Jerome Powell's speech at Jackson |
0:26.4 | Hole later this week with QCP Capital saying that risk assets may be vulnerable to further |
0:31.3 | swings if Powell strikes a hawkish tone or if upcoming labor or inflation data surprises to the |
0:36.7 | upside. |
0:41.4 | Powell's speech will come after publication of the minutes of the Fed's July meeting, |
0:42.2 | due later today. |
0:47.5 | Another sign of investor disquiet is the bleeding spot Bitcoin and ether ETFs. |
0:52.0 | The products registered almost $1 billion in total net outflows on Tuesday. |
0:58.5 | As of this morning, Bitcoin is trading below $114,000 and ether is down more than 10% over the past week, |
1:00.4 | trading at around $4,200. |
1:05.5 | Trump family is expanding their crypto bet with new efforts in Dogecoin mining. |
1:09.3 | Thumbs up Media Corp, which has Donald Trump Jr. as a major shareholder, |
1:11.4 | said it will buy Doge Hash technologies in an all-stock deal. Doge Hash operates renewable power data centers and plans to expand |
1:16.6 | its crypto mining operations focusing on Dogecoin and light coin. The acquisition will result |
1:22.0 | in a rebranded company, Doge Hash Technologies Holdings, Inc, to be listed on the NASDAQ under the ticker, XDOG. |
1:29.3 | This new deal adds to the Trump family's expanding crypto empire. |
1:33.0 | Eric Trump and Donald Jr. launched American Bitcoin earlier this year with HUD 8, which has over 60,000 miners. |
1:39.5 | Music The |
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