Trump

Former President Donald Trump recently voiced strong support for Bitcoin and cryptocurrencies, notably diverging from his previously skeptical stance. This significant pivot, prominently featured in a recent video circulating among crypto enthusiasts and investors, has spurred speculation about the potential implications for Bitcoin and other digital currencies as the US election approaches this November. How Trump Could Boost Bitcoin Price The comments made by Trump were discussed by analyst MacroScope on X. The analyst emphasized the importance of Trump’s statements:…

In a year full of global elections, the crypto industry remains expectant and critical of every candidate’s stance on cryptocurrencies. The US presidential elections could pose a turning point for regulations and adoption that could affect the industry worldwide. On Wednesday, Donald Trump, former US president and Republican candidate, stated his support for the industry and criticized Biden’s administration for its stance on digital assets. MAGA (TRUMP), the Trump-inspired memecoin, saw its price skyrocket  63% in the following hours. Trump’s…

Donald Trump hosted NFT enthusiasts at his Florida home on May 8, and he promised to fight for crypto and NFTs if he beats Joe Biden in the November polls. He took shots at the Biden administration’s hostile treatment of digital assets, including singling out Gary Gensler as anti-crypto as he claimed credit for “making NFTs hot again.” Once a fierce Bitcoin critic, Donald Trump seems to have turned a corner and has now vowed to protect the industry if…

Former U.S. President Donald Trump has announced his intention to ensure cryptocurrency donations are accepted for his campaign donations. Trump is the Republican candidate for the upcoming U.S. presidential election scheduled for November 2024. Trump Pushes for Crypto Donations In various video clips posted to X by Frank Degods, a non-fungible token creator and influencer, Trump addressed his NFT buyers during a gathering where he met those who purchased his “Mugshot Edition” collection on his day off from trial. The…

The post Donald Trump Embraces Crypto Ahead of the 2024 Election appeared first on Coinpedia Fintech News Donald Trump, the Republican candidate for the 2024 US Presidential Elections, has shifted their stance, promising to end US hostility towards cryptocurrencies. He also accepts campaign donations in digital assets. Trump pledges to protect the rights of crypto investors, in contrast to Biden’s regulatory approach. Though Trump previously criticized Bitcoin, he now accepts digital assets and is launching self-branded NFTs. Meanwhile, amidst the…

A Standard Chartered report suggests Bitcoin could perform well if Trump wins the US election due to clearer regulations and as a hedge against inflation. Bitcoin’s adoption by traditional investors is increasing due to unfavorable economic conditions and uncertainty in the Treasury market. According to a recent research report by Standard Chartered, cryptocurrency markets are eyeing a potential surge as fears of U.S. fiscal dominance loom large. The investment bank suggests that the Federal Reserve monetizing government debt could drive…

Investors are bracing themselves for a rollercoaster ride as Bitcoin, the flagship digital asset, navigates through choppy waters. Recent data from Glassnode has revealed a noteworthy development: the Realized Profit/Loss Ratio for Bitcoin has dipped below one. This crucial metric, which compares the sell value of Bitcoin with the price at which it was bought, indicates that investors are currently realizing more losses than profits. Historically, such a dip has often heralded a potential bottoming out of Bitcoin’s price, serving…

Former President Trump and President Biden are set to go head-to-head in the September U.S. presidential elections in what will be a close call, according to political experts. Cardano Foundation CEO has revealed that the team has been approached by the states about potentially developing a blockchain voting system. With the upcoming U.S. elections pitting two of the greatest political rivals together, there is a great need for transparency and efficiency. It has emerged that Cardano could be a sought-after…

Road Town, BVI, April 4th, 2024, Chainwire In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of MAGA (TRUMP) on April 2, 2024. Users of LBank Exchange can brace themselves for the TRUMP/USDT trading pair, which went live already. MAGA (TRUMP) movement on the blockchain, launched on August 11th, 2023, and according to their team stands as the sole active cryptocurrency dedicated to donating to veterans…