Michael Saylor and Eric Trump defended Bitcoin after criticism from former UK Prime Minister Boris Johnson. Johnson wrote in a column that Bitcoin and other cryptocurrencies resemble “a giant Ponzi scheme.” He argued that the value of cryptocurrencies relies heavily on continuous demand from new investors entering markets. Johnson wrote,
Eric Trump, who is the co-founder of World Liberty Financial and the son of U.S. President Donald Trump, has criticized major banks for opposing stablecoin rewards in ongoing discussions on crypto legislation. He accused the large banks of lobbying against stablecoin yield features that could enable Americans to earn high
American Bitcoin Corp (ABTC) Advocate Eric Trump has shared the BTC holdings of the company. It holds over 5,800 Bitcoin tokens and ranks in the top 20 holders. The announcement has instilled a sense of confidence towards the flagship token; however, it continues to trade within a lower range. Eric
Eric Trump recently sought the purchase of dips. World Liberty Financial went on to repurchase more than 6 million WLFI worth over $1 million. Eric Trump had earlier shed light on the benefit of embracing crypto in the early stages. Meanwhile, WLFI price has surged by more than 8% over
Eric Trump has entered the Bitcoin race with a mining-first approach, aiming to acquire BTC at a fraction of market price. During Consensus 2025, he disclosed that his firm, American Bitcoin, plans to mine Bitcoin at production costs between $37,000 and $38,000 per coin. This is significantly lower than the
Although Trump’s acceptance of crypto has huge impact in the digital asset world, it has also raised red flags with ethics specialists and regulators. Virginia Canter, State Democracy Defenders’ chief counsel, pointed out that previous presidents invested assets in blind trusts to keep themselves out of conflict-of-interest situations, something Trump
Eric Trump has issued a strong warning to banks during an interview in Dubai, saying they must adapt to crypto or vanish. The vice president of the Trump Organization said the traditional financial system is no longer efficient. He emphasized that banks must adjust to technological change or risk becoming
The Trump family is deepening its involvement in cryptocurrency with a major move into Bitcoin mining. Eric Trump and Donald Trump Jr. have partnered with Hut 8 to launch American Bitcoin, a large-scale U.S.-based mining firm. Hut 8, a publicly traded crypto infrastructure company, will control 80% of American Bitcoin.
As another day dawns, the crypto community’s morning tea includes Donald Trump’s speech at the digital summit. While prices have still hit a slump, the regulatory sector has sprung into action in the past day. Notably, a few hours ago, the SEC released a statement discussing that PoW mining is
Eric Trump’s Comment on Bitcoin and Ethereum Eric Trump recently shared his thoughts on Bitcoin, posting on X, “Feels like a great time to enter #BTC!” This led to a brief price jump, pushing Bitcoin above $98,000 before it settled at around $97,650. The price movement was minimal, reflecting only
