Crypto Giants Gemini and Crypto.com Pour $21M Into Trump-Aligned MAGA Inc

TheNewsCryptoPublicado em 2026-01-06Última atualização em 2026-01-06

Resumo

Gemini and Crypto.com, through its parent company Foris Dax, have collectively donated $21 million to the pro-Trump Super PAC, MAGA Inc., ahead of the 2026 U.S. midterm elections. Gemini contributed $1.5 million in USDC stablecoins, while Foris Dax provided $20 million. This significant contribution, alongside donations from firms like Shift4 and JPMorgan Chase, positions crypto companies as a major donor group. The surge in political spending follows former President Trump's signing of the GENIUS Act, which established clearer stablecoin regulations, and his campaign's acceptance of crypto donations. MAGA Inc. will use the funds to support Trump-aligned candidates and promote an "America First" agenda, highlighting the crypto industry's active role in shaping future regulations. A strategic partnership between Crypto.com and Trump Media & Technology Group further deepens these political ties.

The two major Companies Gemini and Crypto.com’s Foris Dax, have donated $21 million to a pro-MAGA Inc. and Super PAC that supports Donald Trump ahead of the 2026 U.S. midterm elections. This shows that the Crypto companies are not just for investment or Trading instead, it is actively involved in the U.S Politics.

Gemini Donated $1.5 million using the USDC stablecoins, which were later converted into Cash. The Forix Dax has donated $20 million, which is sent through two large payments of $10 million each. After these donations in late December 2025, MAGA Inc. now reportedly holds nearly $300 million for political campaigning. Other than these two, Shift4 donated $1 million, and JP morgan chase donated more than $4 million. Together, these made the Crypto firms one of the largest Donor Groups in the 2026 Election Cycle.

How Stablecoin Rules and Strategic Partnerships Are Pulling Crypto Into Politics

These donations have increased after Trump signed the GENIUS ACT for the stablecoin regulations and cleared Crypto laws. In 2024, Trump’s Campaign began accepting Crypto Donations. This made Trump more attractive to Crypto firms looking for the Regulatory Act, and many see this as a major win and strengthening support for Trump-aligned Politics.

MAGA Inc. has clearly stated that the funds will be used to support Political candidates aligned with Donald Trump and to promote the “America First” Political Agenda. These midterm elections matter a lot because they will decide who controls Congress, which directly affects Crypto laws and Regulations.

Crypto.com is also partnered with the Trump Media and Technology Group. The deal between them includes the Crypto rewards on Truth Social, the use of the Crypto.com wallets, and the Integration of the Cronos (CRO) Tokens. The new Entity Trump Media Group CRO Strategy Inc., aims to become a Public Digital Asset Company focused on CRO.

This shows that the Crypto is no longer just a tech; it is now deeply involved in U.S. Politics and spending big to shape laws that affect its future. Other than crypto firms, other fast-growing sectors like AI and Cannabis also donate large sums to political groups, but crypto plays a major role.

Highlighted Crypto News:

Bitcoin (BTC) Reloads Its Bullish Streak: How Close Is It to Cracking $95K?

TagsCryptoCrypto.comGemini

Perguntas relacionadas

QWhich two major crypto companies donated a total of $21 million to the pro-Trump Super PAC MAGA Inc.?

AGemini and Crypto.com's Foris Dax donated a total of $21 million to MAGA Inc.

QWhat was the amount donated by Gemini and how was it sent?

AGemini donated $1.5 million using the USDC stablecoins, which were later converted into cash.

QWhat significant legislative action by Donald Trump is cited as a reason for increased crypto donations to his aligned causes?

AThe increase in donations followed after Trump signed the GENIUS ACT for stablecoin regulations and cleared crypto laws.

QWhat is the stated purpose of MAGA Inc. for using the donated funds?

AMAGA Inc. stated the funds will be used to support political candidates aligned with Donald Trump and to promote the 'America First' political agenda.

QBesides the crypto donations, what other business partnership exists between Crypto.com and a Trump-associated entity?

ACrypto.com is partnered with the Trump Media and Technology Group, which includes crypto rewards on Truth Social and the integration of Cronos (CRO) Tokens.

Leituras Relacionadas

Only 153 Venture Capital Firms Invested in July: Is the Crypto VC Industry Experiencing a 'Mass Extinction'?

In July 2026, only 153 unique venture capital firms participated in disclosed crypto funding rounds, marking the lowest monthly count since November 2020. This figure represents an 87% decline from the peak of 1,177 firms in 2022. Overall, the first seven months of 2026 saw crypto projects raise approximately $11.78 billion across 481 rounds. This crypto VC contraction contrasts sharply with the broader venture capital landscape, where global VC investment reached a record $560.4 billion in H1 2026, heavily fueled by major AI company financings. This shift in capital allocation has drawn funds away from the crypto sector. Within crypto, funding is highly concentrated. Trading platforms, prediction markets, and payment sectors absorbed 53% of the total capital. While early-stage deals remain frequent, the largest sums flow to a few late-stage rounds and mergers & acquisitions, which surged to $7.23 billion in Q2 2026. The market is consolidating around top funds like a16z crypto and Dragonfly, which successfully raised new multi-billion dollar funds, while many smaller firms have retreated. Analysts describe this as a "great extinction" for crypto VCs, where capital is becoming more selective, favoring proven business models and assets over early-stage speculation. This raises the bar for project quality, funding efficiency, and viable exit paths.

marsbitHá 18m

Only 153 Venture Capital Firms Invested in July: Is the Crypto VC Industry Experiencing a 'Mass Extinction'?

marsbitHá 18m

Storage Chip Stocks Skyrocket: Is This a Return to a Bull Market or a Dead Cat Bounce?

The storage chip sector experienced a dramatic overnight rebound in US markets, with major stocks like SK Hynix and Micron surging over 17%. This sharp reversal is attributed to multiple factors: potential short-selling bans and market stabilization measures from South Korea, significant leverage unwinding (with leveraged ETF assets down ~70% from peaks), cooler-than-expected US inflation data easing rate hike fears, and a stellar Microsoft earnings report showing strong cloud/AI demand growth. Microsoft's results, highlighting Azure revenue crossing $100 billion, helped counter the "AI bubble burst" narrative that had pressured the sector. However, the article cautions against declaring a sustained bull market. Key risks remain, including potential further interest rate hikes by the Bank of Japan, which could pressure global carry trades, and unanswered questions about whether high industry profits can be maintained amid the supply cycle and new competition. Investors are advised to monitor whether gains hold, watch for updates on HBM/DRAM/NAND pricing and orders, and await key upcoming events like NVIDIA's earnings. The conclusion emphasizes disciplined investing—avoiding panic selling or FOMO buying—and using strategies like hedging to manage risk in this volatile environment.

marsbitHá 27m

Storage Chip Stocks Skyrocket: Is This a Return to a Bull Market or a Dead Cat Bounce?

marsbitHá 27m

Strategy's Loss in the Second Quarter Reaches $8.22 Billion Amid Bitcoin Decline

Strategy, the largest corporate holder of Bitcoin, reported a net loss of $8.22 billion for the second quarter. This loss was primarily driven by an $8.32 billion unrealized loss on its Bitcoin holdings due to a decline in the asset's price during the period. Despite these paper losses, the company increased its Bitcoin holdings to 843,775 BTC, a 25% growth since the start of the year. As part of a new monetization strategy, Strategy sold approximately $218.4 million worth of Bitcoin, mainly to fund dividends for preferred shareholders, with $216 million of that sold after Q2 ended. The company also built a $3.75 billion cash reserve, which it claims is sufficient to cover over two years of dividend and interest payments, aiming to insulate itself from Bitcoin's volatility while meeting obligations. Following the earnings release, Strategy's stock (MSTR) rose 4.7% in regular trading but corrected slightly after-hours. This pattern reflects how the company's accounting results are heavily tied to Bitcoin's price swings, even as its long-term strategy remains unchanged. The report indicates that Strategy is maintaining its core strategy of accumulating Bitcoin while building a financial buffer. This quarterly loss follows a recognizable pattern, with the company posting significant unrealized losses in previous quarters (e.g., $12.4 billion in Q4 2025 and ~$12.5 billion in Q1 2026) due to fair-value accounting. A key technical shift is its new monetization program, which introduces periodic selling pressure on the market, transitioning Strategy from a pure accumulator to a participant that occasionally adds supply. A critical question remains: how long can the cash reserve cover dividend obligations if a Bitcoin price downturn persists beyond two years?

cryptonews.ruHá 38m

Strategy's Loss in the Second Quarter Reaches $8.22 Billion Amid Bitcoin Decline

cryptonews.ruHá 38m

Will Terrorist Durov Ban Russian Officials?

Telegram founder Pavel Durov publicly reacted to being labeled a "terrorist" by Russian authorities, stating the designation came after he refused demands for mass surveillance and censorship on the platform. In a Telegram post, he highlighted that this status formally bans him from "publishing information online." Durov concluded with a statement widely circulated: Russian officials "clearly don't understand who can ban whom on the internet." This remark suggests Durov could potentially restrict official Russian government and officials' channels on Telegram, which continue to operate on the platform despite its formal blocking in Russia. The situation parallels previous, slow-moving state directives, like switching officials to domestic cars, contrasted with the current push to migrate all government communication to the Russian-made messenger MAX by 2030. However, reports indicate many officials still use Telegram via workarounds, fearing surveillance on MAX, while alternatives like BiP and KakaoTalk recently became inaccessible in Russia without a VPN. Durov has not specified any immediate actions against state channels. His statement is an initial response, with further developments depending on the authorities' reaction. The dynamic differs from 2020 when Russian regulators lifted a block on Telegram; now, Durov implies control from within the platform itself over the official accounts that persisted through that earlier blockade.

cryptonews.ruHá 38m

Will Terrorist Durov Ban Russian Officials?

cryptonews.ruHá 38m

DeepSeek V4 Official Version Arrives, New Capabilities Emerge, Value-for-Money King Enters the Fray

On July 31st, DeepSeek officially launched the public API beta for its DeepSeek-V4-Flash model. A key highlight is its performance on multiple Agent benchmark tests, reportedly nearing or even surpassing the level of the V4-Pro preview version from three months ago. Notably, the Flash model achieves this with significantly smaller scale (130B active parameters vs. Pro's 490B), suggesting that post-training optimization and data quality may be as crucial as raw model size. DeepSeek emphasized that the V4-Flash-0731 uses the same model architecture and size as its preview version, with improvements attributed solely to "re-trained post-training." The update also marks the official debut of DeepSeek's self-developed Agent framework, "Harness." The move signals DeepSeek's strategic push to position its cost-effective Flash model as a competitive base for Agent applications—scenarios requiring autonomous planning, tool usage, and complex task execution—where inference speed and cost are critical. By natively supporting OpenAI's Responses API format and adapting for code-generation scenarios, DeepSeek aims not just to be a cheaper alternative but to establish its own ecosystem in the Agent era. This release follows DeepSeek's record-breaking ~$50 billion fundraising round roughly two months prior, underscoring market confidence in its technology and commercialization prospects. The company is reportedly preparing for another funding round at a valuation of approximately $71 billion. The Flash model's advancement represents a step in fulfilling the high expectations that come with this valuation, setting the stage for the impending release of the V4-Pro official version and intensifying competition in the global Agent landscape.

marsbitHá 42m

DeepSeek V4 Official Version Arrives, New Capabilities Emerge, Value-for-Money King Enters the Fray

marsbitHá 42m

Trading

Spot
活动图片

Categorias popularesright-arrow

Etiquetas Popularesright-arrow