Trump

Former President Donald Trump’s recent statement about wanting all Bitcoin to be made in the US has sparked a debate within the crypto community. While some Bitcoin enthusiasts initially welcomed the idea, many experts argue that Trump’s stance misunderstands Bitcoin’s fundamental principles. Trump’s Bitcoin Vision Sparks Debate Crypto journalist Laura Shin raised a critical question. She asked why Bitcoiners celebrated Trump’s statement about making all Bitcoins in the US. She emphasized that this could create jurisdictional risk, making Bitcoin less…

Republican presidential candidate Donald Trump has said that he wants all remaining Bitcoin to be mined in the US, adding that such a move would help the country become energy-dominant. During his meeting with several Bitcoin miners, Trump stated that Bitcoin mining could be the “last line of defense” against a CBDC (Central Bank Digital Currency). Trump Throws Weight Behind Bitcoin Mining The cryptocurrency industry is increasingly trying to woo US politicians as it continues to face scrutiny from regulators…

Republican presidential candidate Donald Trump has called himself the “crypto president” as he looks to portray himself as a strong advocate for cryptocurrencies.  Trump made the comments during a fundraiser last week and also slammed efforts by the Democrats and the SEC to regulate the industry.  Trump Makes Crypto Pitch  The former president is looking to pitch himself as a strong cryptocurrency supporter. The former president was also highly critical of the Biden administration and its attempts to regulate the…

Standard Chartered’s Geoff Kendrick foresees a bullish trajectory for Bitcoin, with expectations of reaching $100,000 and potentially $150,000 by the end of the year if Trump secures victory. While the Biden administration has displayed some openness to digital assets, Trump’s stance is perceived as more favorable for crypto. Former US President Donald Trump has backed his commitment to the crypto community if he comes back to power later this year in 2024. Banking giant Standard Chartered believes that Trump’s reappointment…

The post Donald Trump Presents Himself ‘The Crypto President’ appeared first on Coinpedia Fintech News Donald Trump has presented himself as a champion for cryptocurrency as he slammed the Democrat’s attempts to regulate the sector during a San Francisco fundraiser yesterday. Trump raised $12 million from the fundraiser hosted by tech venture capitalists David Sacks and Chamath Palihapitiya. He said that he would be the crypto President. Trump had offered no specific policy proposals for the crypto industry. while Biden’s…

Former President Donald Trump holds over $32 million in crypto, having gone from a crypto critic to a vocal proponent of digital assets. Trump’s change in stance is largely attributed to Vivek Ramaswamy, who has been advising the former president. The change is reflected in Trump’s growing crypto holdings. Donald Trump’s Growing Crypto Holdings According to data compiled by Arkham Intelligence, Trump’s crypto portfolio has seen a significant increase in value over the past three months. The portfolio peaked at…

The post Bitcoin to $150K if Trump Wins the U.S Election – Standard Chartered appeared first on Coinpedia Fintech News Geoff Kendrick, a Standard Chartered analyst, expects Bitcoin to hit $100,000 ahead of the U.S. Presidential elections and then $150,000 by year-end if Trump wins. He further stated that if Friday’s U.S. Non-Farm Payrolls data is favorable, Bitcoin’s price could reach a fresh all-time high over the weekend, paving the way for $80,000 by the end of June. Kendrick remains…

Former President Donald Trump has dramatically shifted his stance on crypto. Once a vocal critic, calling them a “disaster waiting to happen” in 2021, Trump has become a proponent of crypto by 2024. This remarkable change in perspective is largely attributed to Vivek Ramaswamy’s advice, which highlighted Trump’s growing crypto holdings, now exceeding $32 million. Inside Donald Trump’s $32 Million Crypto Portfolio Trump’s journey into the crypto market began in 2022 with the release of the Trump Digital Trading Cards…

The post Donald Trump Embraces Crypto – Top Altcoins to Diversify Within Anticipation for the Upcoming Rally appeared first on Coinpedia Fintech News President Donald Trump has rallied behind cryptocurrencies and is embracing all things related to this new industry. “I am very positive and open-minded to cryptocurrency companies,” said Trump during the Libertarian National Convention address. Additionally, the Former President assured that he would not let crypto die, throwing shade at Biden’s move to kill Bitcoin and crypto. This…