DEMOCRATS TAKE OVER! Trump's Crypto Empire in DANGER?

Democrats’ greater power in Congress could make a data-center “new deal” harder, speakers argued, with operators potentially asked to shoulder more of the cost. One said Democrats would need to show constituents they were stopping a data-center takeover and that operators could afford to pay more. The discussion was not uniform: one speaker dismissed the likely impact, while another considered the possibility of Democrats controlling both chambers and said they could share responsibility for what happens over the next two years. A Democratic presidential victory was discussed as a separate possibility.

The episode did not identify a specific political or regulatory threat to Trump’s crypto businesses. One speaker said they had made money on Trump Coin but criticized Trump for making a billion dollars from crypto without doing anything for ordinary people. Speakers also described Trump Coin as “getting brutalized” and asked whether it had gone to zero, but did not confirm that it had. The discussion therefore raised questions about the coin’s performance and Trump’s gains, not a concrete threat to his crypto empire.

Speakers argued that Trump could face voter blame for high inflation and for failing to deliver economic benefits to ordinary people. One said voters would remember promises of tariff revenue and rebates; another predicted that, if his side lost the election, Trump might spend the following six months blaming others. The conversation also covered Democrats’ hints about expanding the nine-member Supreme Court. Speakers disagreed over the route: one said Congress could not stack the court and that the president nominates justices, while another said Democrats could start a debate about expansion if they won the presidency. That speaker also warned that discussing expansion publicly could hurt Democrats’ presidential prospects. One participant separately claimed that leftists had worked behind the scenes against Tulsi Gabbard and RFK to prevent a viable third-party movement from taking hold.

Bitcoin had rebounded to about $80,600 after recently trading near $75,000, a move one speaker characterized as roughly 7%. That speaker cautioned that a rise of that size often marks the day’s high unless unusual conditions are present. Other traders saw a bull flag and room for further gains, but emphasized that the move had been fast and occurred in thin trading. They identified $80,200 as support, said losing the $80,000 range would be concerning, and argued the broader structure should hold above 79.6, without specifying a unit. A reclaim of $82,000 as support, with the bull flag holding into about 7:30 p.m., was presented as a condition that could support gains through the week.

Shorter-term Bitcoin views remained mixed. Some traders anticipated a liquidity sweep near $79,000, including liquidity around $79,900, and warned that a scalp-long stop near $79,900 could be hit quickly. Others said the market still looked strong and that holding above $79,000 while forming a bull flag could favor a rally during Asian trading. These were conditional trading views rather than a settled directional outlook.

Trading discussion also covered several altcoins and position risks. One speaker saw NEAR support around $4.12 and $3.80, resistance near $4.34, and a possible “bump and run” long setup. Their 20x leveraged position was stopped out when NEAR briefly fell to about $3.69, below a stop near $3.70, and they said they were going long again. A speaker also opened a TAO long and expected it to reprice soon, while Kaspa longs were discussed. VVV had fallen below 23, prompting one speaker to plan a small position around 22; that speaker also recovered 15 VVV they thought were lost, with help withdrawing them from Aerodrome. Separately, a speaker said a $200,000 centralized-exchange position would be too risky unless it represented a small share of a much larger portfolio, such as 1% of $20 million.