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White House Joins TikTok, Signaling Trump Administration Has No Plans to Ban the App

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The brand is growing

The White House has officially joined TikTok, launching an account that features short, edited video clips of President Donald Trump and his staff portraying them as witty, combative, and in full control of the political narrative.

The debut posts, uploaded Tuesday night, include a sizzle reel of Trump brushing off calls from members of Congress, threatening lawsuits during a press conference, and praising Press Secretary Karoline Leavitt for “ripping” into a New York Times reporter.

The move is a striking turn in the long-running saga over TikTok’s future in the United States. Under a law signed by then-President Joe Biden in 2023, TikTok’s Chinese parent company ByteDance was ordered to divest from the app or face a nationwide ban, with a deadline set for September 17, 2024. The U.S. Supreme Court upheld the law earlier this year, affirming the government’s power to enforce the “divest-or-ban” mandate.

Yet since taking office, Trump has repeatedly delayed the law’s enforcement, issuing executive extensions three times this year. The app has only gone dark once — in January, when it was unavailable for a single day before Trump extended the deadline by 75 days. Another 90-day reprieve followed in April, and a further 60-day extension in June. With the White House now opening its own official TikTok account, analysts say the administration has effectively signaled it has no real intention of banning the app.

The decision highlights a complete reversal from Trump’s first term, when he attempted to ban TikTok outright in 2020, citing national security concerns about Chinese access to American user data.

During his 2024 re-election campaign, however, Trump embraced the platform after realizing its unmatched reach among younger voters. His campaign account, @TeamTrump, quickly became one of the most dominant political voices on TikTok, racking up 2.8 billion views compared to Democratic rival Kamala Harris’s 2.2 billion, according to journalist Kyle Tharp.

GOP strategists credited Trump’s reality-TV instincts for helping him turn campaign moments into viral content.

By launching @WhiteHouse, the administration is doubling down on a platform that federal employees were previously barred from using on government devices. The decision underscores how Trump views TikTok not as a threat but as a potent communications tool capable of shaping public opinion and mobilizing supporters.

Initial reaction to the White House’s posts has been divided. All five videos uploaded by Wednesday morning were flooded with negative comments, many referencing Trump’s past association with Jeffrey Epstein, the late financier and convicted sex offender. Nonetheless, administration officials defended the move as a bold step forward in political messaging.

“President Trump’s message dominated TikTok during his presidential campaign, and we’re excited to build upon those successes and communicate in a way no other administration has before,” Press Secretary Karoline Leavitt said in a statement.

Trump himself has argued that banning TikTok would make little sense while his content continues to draw billions of views on the app.

For lawmakers who pushed hard for a ban, the White House’s embrace of TikTok may prove contentious. Both Republicans and Democrats have voiced concerns that ByteDance’s ties to Beijing still pose risks to U.S. national security. But so far, Trump’s extensions and the administration’s fresh TikTok presence suggest that economic and political considerations are outweighing those warnings.

With less than a month until the September 17 deadline, no deal has yet been reached for a U.S. company to purchase TikTok. The administration has declined to say whether another extension will be granted. But by joining the platform itself, the White House has made one point clear: a full-scale ban on TikTok under Trump is looking increasingly unlikely.

Robinhood’s SUI Listing and Kalshi Partnership for NFL Prediction Markets Signal a Convergence of Crypto and Traditional Finance

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Robinhood has listed SUI for trading on its platform, as announced in a post on X on August 19, 2025. Separately, Robinhood has partnered with Kalshi, a CFTC-regulated prediction market platform, to launch NFL and college football prediction markets within its app.

These markets allow users to trade contracts on game outcomes, including all regular-season NFL matchups and NCAA Power 4 conference games, with plans to expand weekly matchups. The integration, announced positions Robinhood as a competitor to traditional sportsbooks like DraftKings and FanDuel, offering a peer-to-peer trading model through Kalshi’s exchange.

This follows a previous attempt to offer Super Bowl contracts, which was paused due to CFTC concerns, and a successful March Madness rollout earlier in 2025. Note that while SUI trading and the Kalshi partnership are distinct initiatives, both reflect Robinhood’s broader strategy to diversify its offerings beyond traditional stocks and crypto into prediction markets and alternative assets.

SUI Listing on Robinhood

Listing SUI, a layer-1 blockchain token focused on scalability and low-cost transactions, on Robinhood broadens its exposure to retail investors. This move signals confidence in SUI’s potential within the crypto ecosystem, likely driving higher trading volume and liquidity.

Robinhood’s addition of SUI aligns with its strategy to expand its cryptocurrency offerings, appealing to younger, tech-savvy users. It also positions Robinhood to compete with exchanges like Coinbase and Binance in the growing altcoin market. The listing could catalyze bullish sentiment for SUI.

Kalshi Integration for NFL Prediction Markets

By integrating Kalshi’s NFL and college football prediction markets, Robinhood introduces a regulated, peer-to-peer betting model to millions of users. This could normalize prediction markets as a legitimate financial instrument, bridging traditional finance and speculative betting.

The partnership challenges established sports betting platforms like DraftKings and FanDuel by offering a CFTC-regulated alternative. Unlike traditional sportsbooks, Kalshi’s exchange model allows users to trade contracts on game outcomes, potentially offering better odds and transparency.

For Robinhood, integrating prediction markets diversifies its revenue beyond trading fees, especially amid volatile crypto and stock markets. It also enhances user engagement by offering a novel, gamified investment product.  NFL prediction markets merge sports fandom with financial speculation, appealing to a demographic that overlaps with crypto traders and retail investors.

This gamification could drive higher user retention on platforms like Robinhood. Prediction markets encourage users to analyze game statistics, player performance, and other variables, fostering a data-driven approach to speculation. Over time, this could lead to more sophisticated retail trading strategies, supported by AI tools or analytics platforms.

Success in NFL and college football markets could lead to prediction markets for other sports, entertainment events, or even non-sporting events like elections or economic indicators. Kalshi’s existing markets (e.g., inflation, interest rates) suggest this potential.  The CFTC’s approval of Kalshi’s sports contracts signals a maturing regulatory framework for prediction markets.

As these markets grow, regulators may develop clearer guidelines, potentially unlocking new asset classes for retail and institutional investors. While Kalshi operates a centralized, regulated exchange, the concept of prediction markets aligns with DeFi protocols like Augur or Polymarket. Future integrations could bridge traditional platforms like Robinhood.

NFL prediction markets could transform how fans engage with sports, turning passive viewership into active financial participation. This could boost viewership and create new revenue streams for leagues, teams, and broadcasters through partnerships or data licensing.

Robinhood’s user base (over 23 million funded accounts as of recent data) provides a massive platform for scaling prediction markets. If successful, NFL markets could become a gateway for mainstream adoption of event-based trading. Platforms like Robinhood may integrate AI-driven analytics (e.g., leveraging models like Grok) to provide users with real-time insights.

Champion Breweries moves to acquire the Bullet beverage portfolio in a diversification push

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Champion Breweries Plc has entered into an agreement to acquire the brand assets and intellectual property rights of the Bullet range of alcoholic and energy beverages from Sun Mark International Limited.

The company, a subsidiary of enJOYcorp, announced in a filing on the Nigerian Exchange (NGX) on August 20, 2025, that the acquisition of the Bullet energy beverage portfolio aligns with its strategy to diversify into high-growth food and beverage categories. Industry analysts say this marks a significant pivot from the brewer’s traditional focus on beer and malt, signaling a deliberate attempt to capture growth in Nigeria’s booming energy and ready-to-drink segments.

Structured as an asset carve-out, the deal will see the assets transferred to a newly incorporated company in the Netherlands, with Champion holding a majority stake and Vinar N.V., a Belgian entity and majority shareholder of Sun Mark, retaining a minority interest.

Champion noted that the transaction remains subject to regulatory approvals, including clearance from the Federal Competition and Consumer Protection Commission (FCCPC). If approved, the deal will allow Champion to report Bullet’s assets in its financials, with immediate gains expected from foreign exchange earnings, distributor reach, and longer-term benefits from supply chain integration, product diversification, and stronger market presence.

Bullet already has a strong presence across 14 African markets, including Nigeria, Cameroon, Ghana, Ivory Coast, the Democratic Republic of Congo, and Tanzania. In Nigeria, Bullet Black is the leading ready-to-drink beverage, while Bullet Blue ranks among the top six energy drink brands. Energy drinks have continued to defy Nigeria’s broader consumer slowdown, with rising youth demand and the product’s entrenched position in nightlife and entertainment culture driving sales growth.

This acquisition builds on Champion’s recent momentum, following a strong H1 2025 performance that underscored its turnaround story. The company reported a pre-tax profit of N3.4 billion, compared with a loss of N333 million in the first half of 2024.

H1 Performance

Champion Breweries Plc reported a pre-tax profit of N1.7 billion in the second quarter of 2025, a 268.95% increase from N465.4 million in the same period last year. This brought half-year pre-tax profit to N3.4 billion, compared with a loss of N333 million in the first half of 2024.

The growth was driven by stronger beer and malt sales, which rose 44.18% year-on-year to N7.4 billion in Q2, pushing total revenue for the half year to N15.9 billion, up 66.92%. Cost of sales increased to N3.5 billion from N2.9 billion in Q2 2024, but gross profit still climbed 72.90% to N3.8 billion, from N2.2 billion last year. With no foreign exchange losses during the quarter, profit after tax rose 198.17% year-on-year to N1.3 billion.

As of June 2025, total assets stood at N25.9 billion, up 21.57%, while retained earnings grew 45.13% to N5.6 billion.

In the capital markets, Champion has emerged as one of the most outstanding performers this year. As of the close of trading on August 20, 2025, its shares had gained over 418% year-to-date, and investors expect the recent acquisition to provide further momentum.

Analysts suggest that this move not only cements Champion’s financial recovery but also positions it to compete in Nigeria’s fast-growing non-alcoholic and energy drink market — one dominated by global heavyweights such as Red Bull, Monster, and Coca-Cola’s Predator brand. With Bullet’s established African footprint, Champion is set to leverage distribution synergies, deepen its penetration, and create new revenue streams in line with its diversification agenda.

Crypto Stocks Slide as Bitcoin Slump Continues Amid Broader Risk-Off Trade

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Crypto-linked stocks tumbled on Wednesday, with a bloodbath sweeping through Wall Street, which dragged down both digital assets and related stocks.

The world’s largest cryptocurrency, Bitcoin, slipped further from last week’s record high, sparking broad weakness across digital asset equities and heightening investor jitters over the Fed’s monetary policy outlook.

Bitcoin fell 1.5% over the past 24 hours to $113,694, according to CoinDesk data, roughly 9% below the record high it reached just last week. The broader crypto market also faced declines. Ethereum slipped 1.6%, XRP dropped 4.2%, and Solana edged down 0.2%. 

Crypto-related stocks mirrored the downturn. Coinbase and eToro shares fell more than 5% and 6% respectively, while Robinhood and Bullish each slid over 6%. Galaxy Digital dropped 10%, while crypto treasury firms also recorded steep losses: Strategy declined 7%, SharpLink Gaming slipped 8%, Bitmine Immersion fell 9%, and DeFi Development tumbled 13%. Stablecoin issuer Circle lost 4.5%.

Investor caution ahead of the Federal Reserve’s meeting minutes weighed heavily on the sector, particularly after wholesale inflation data came in hotter than expected. The uncertainty surrounding the Fed’s next move has left traders hesitant, with many opting to book profits.

Meanwhile, Bitcoin remained the primary focus of crypto outflows last week. According to the report, investors pulled $756 million from BTC investment products over the past week. Notably, short-Bitcoin products designed to profit from price declines also saw outflows of $19.8 million, the largest since December 2024.

Analysts at Bitfinex suggested Bitcoin could remain range-bound until stronger macroeconomic catalysts emerge. Adding to market intrigue, the Financial Times reported that Treasury Secretary Scott Bessent sees stablecoins as a future driver of U.S. government bond demand, expecting the asset class to become a key buyer of Treasuries in the coming years.

Tekedia reported earlier that Bitcoin’s latest price slump has pressured short-term investors, many of whom have rushed to cut their losses. Cointelegraph revealed that more than 20,000 BTC held by short-term holders (STHs) have been sold as the crypto asset continues its bearish price movement.

This comes as the market started the new week with a continuous downward movement, which saw more than $500 million in long positions wiped out amid rising macroeconomic concerns and renewed uncertainty around U.S monetary policy. The price of Bitcoin has continued on its downward trajectory, slumping to $112,300 price range today, before a slight retracement.

Despite the continuous price decline of the crypto asset, not all analysts are pessimistic. Prominent Bitcoin commentator BitQuant, known for accurate past predictions, maintained that BTC will hold above $100,000 during this cycle. “Bitcoin isn’t going below $100K not in this cycle. Doesn’t matter the news, the Fed, or inflation,” he said, dismissing the possibility of the token even “coming close” to the psychological threshold.

Meanwhile, market sentiment remains divided. Trading firm Swissblock cautioned that a break below the $100K–$110K support zone, which has held firm for over 100 days, would open the door for sub-$100,000 levels. Also, Bitcoin analyst AlphaBTC warned that a close below $114,700 could drag BTC toward the $110,000–$112,000 demand zone.

While Bitcoin’s dip below $114,500 marked an 8.8% decline from its recent record at 124,518, bullish voices argue the six-figure floor remains intact, leaving markets in a wait-and-see mode as macroeconomic pressures continue to play out.

Best Crypto Coins to Watch in 2025 – Cold Wallet, Cardano, Monero & Chainlink Prepare for Another Strong Crypto Run

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As 2025 unfolds, the search for the best crypto coins to watch is intensifying. Market swings and rising institutional demand are creating room for projects to stand out. Cold Wallet (CWT) is attracting attention with a presale that’s rewriting expectations, while Cardano (ADA) is breaking through key price levels. Monero (XMR) is dealing with debates over its mining decentralisation, and Chainlink (LINK) is moving higher with adoption that could push it toward record prices.

These four cryptos tell different stories: self-custody innovation, scalable blockchain infrastructure, privacy-first resilience, and oracle leadership. Let’s look at their latest performance, technical setups, and growth potential to understand why they’re considered the best crypto coins to watch this year.

Cold Wallet (CWT) Presale Frenzy With 3,423% ROI Window

Cold Wallet (CWT) has quickly become one of the most discussed projects in the search for the best crypto coins to watch in 2025, and its numbers make the case clear. More than $6.2 million has been raised in its presale, with over 740 million tokens sold. Stage 17 is priced at just $0.00998, while its confirmed listing sits at $0.3517, leaving room for a 3,423% ROI for those securing tokens now.

Cold Wallet is also changing how wallets work. Instead of fees draining user balances, every transfer, swap, and bridge transaction refunds gas costs in Cold Wallet (CWT) tokens. No staking, no long lockups, just immediate cashback rewards built into daily activity.

Its biggest move came with the $270 million acquisition of Plus Wallet, which instantly added a user base of more than 2 million people. This ensures Cold Wallet won’t need years to build adoption; it begins with liquidity and community strength on launch day.

Compared to established wallets like MetaMask and Trust Wallet, Cold Wallet is betting on ease of use and cashback incentives to capture users quickly. With each presale stage raising the token price, hesitation means losing the best multiples. For investors seeking utility plus growth, Cold Wallet is making its case as one of the best crypto coins to watch before launch.

2. Monero (XMR) Faces Mining Centralisation Concerns

Monero is under pressure after Qubic, a mining pool linked to IOTA’s co-founder, claimed majority control of its network’s hashing power. This led to a six-block reorganisation and sparked fears over decentralisation, causing a 15% weekly drop in its price.

Still, Monero’s blockchain remains operational, and its developers are considering fixes. In August, Unstoppable Private Wallet will also add native Monero support, possibly expanding adoption during this period of uncertainty. Despite risks, Monero’s resilience under stress keeps it on the list of the best crypto coins to watch, even if debates over decentralisation persist.

3. Cardano (ADA) Pushes Past $1 With ETF Speculation

Cardano has broken above $1 for the first time in five months, driven by strong whale accumulation and ETF speculation. Analysts project targets up to $3, supported by a golden cross pattern signalling further upside.

Institutional interest is growing, highlighted by Grayscale’s ETF filing. Founder Charles Hoskinson has also emphasised Cardano’s privacy-focused sidechain, Midnight, as a secure option for users worried about Monero’s issues. This mix of institutional momentum and technical strength is helping ADA remain one of the best crypto coins to watch in 2025.

4. Chainlink (LINK) Targets $47 As Adoption Grows

Chainlink continues to cement itself as the infrastructure backbone of blockchain. LINK is up 53% in the past month, trading near $24, with analysts projecting a run toward $47. Its Total Value Secured recently hit $93 billion, showing deep integration across DeFi.

On-chain signals are bullish, with whale accumulation rising, exchange reserves dropping, and social attention growing. These factors reinforce its potential as one of the best crypto coins to watch, especially if it clears $25 with strong volume.

Best Crypto Coins to Watch in 2025

From explosive presales like Cold Wallet to long-established leaders like Cardano, Monero, and Chainlink, 2025 is shaping up as a pivotal year. Cold Wallet’s presale momentum, cashback model, and instant adoption through Plus Wallet set it apart. Cardano is riding institutional interest, Monero is showing durability under network stress, and Chainlink continues to dominate the oracle sector.

Diversifying across multiple narratives helps capture growth, but for those seeking asymmetric upside, Cold Wallet’s presale window offers one of the clearest opportunities. With momentum building fast, it is firmly among the best crypto coins to watch this year.