Trump's second son confirms holding a large amount of Bitcoin: My father also holds a lot, optimistic about BTC as digital gold.

Eric Trump, the second son of US President Donald Trump, confirmed at an event in Dubai that he and his father hold a large amount of bitcoin and predicted that it will grow exponentially in the future. (Synopsis: Trump predicts "something big tonight at 22:00": will reach a trade deal with an important country, bitcoin climbs $98,800) (Background supplement: Fed interest rates have frozen three times in a row!) Bauer rarely warned: the tariff war caused inflation and unemployment to rise, and bitcoin exceeded 98,000 to hit a two-and-a-half-month high) Eric Trump, the second son of US President Trump, recently publicly expressed his strong optimism about bitcoin at the Dubai Token2049 event, and confirmed that he and his father both hold a large amount of bitcoin, and predicted that BTC will show exponential growth in the next few years. "I love Bitcoin. I firmly believe that it is digital gold. I own a lot of bitcoin, and Trump also owns a lot." The Trump family's crypto landscape We know that the Trump family's cryptocurrency involvement is far more than just holding Bitcoin, their involvement in the cryptocurrency space is broad and deep. In addition to Eric Trump and Donald Trump's large holdings in Bitcoin (BTC), their portfolios are diversified across memes, non-fungible tokens (NFTs), stablecoins, and decentralized finance (DeFi). Specifically, Eric and his brother Donald Trump Jr. are involved in Bitcoin mining through a partnership with Hut8, where Eric serves as chief strategy officer. IN THE MENET COIN AND NFT SPACE, THE FAMILY HAS LAUNCHED MEME COINS SUCH AS "TRUMP" AND "MELANIA" AND MULTIPLE NFT SERIES, WHICH HAVE REPORTEDLY GENERATED TENS OF MILLIONS OF DOLLARS IN TRANSACTION FEES AND SALES REVENUE, WITH THE MARKET CAP OF "TRUMP" COIN SOARING MORE THAN $11 MILLION IN A SINGLE DAY. The Trump family-linked company World Liberty Financial operates the stablecoin USD1 and plans to offer DeFi services. The company is 60% owned by the Trump family and enjoys 75% of the net proceeds from the token sale and future purchases. Transparency Challenges and Concerns of Policy Conflict But despite the sheer scale of the investment, the Trump family's crypto holdings lack full public disclosure, especially the detailed holdings of individual members. Primary sources of information rely on company filings, financial disclosures, and third-party analysis. Critics point out that Donald Trump's push for cryptocurrency-friendly policies could directly benefit his family's vast crypto asset investments, questioning whether public policymaking is being influenced by private financial interests. Some members of Congress, including Senators Elizabeth Warren and Adam Schiff, have publicly called for greater scrutiny of the Trump family's cryptocurrency transactions, citing the potential for bribery and corruption. Related Stories The Governor of Arizona 'Vetoes Bitcoin Reserve Act': Virtual Currencies Are Unverified Investments... Vitalik: Ethereum is overly complex, L1 should be simplified to the point of "close to bitcoin" in five years Bitwise predicts that the "four major US brokers" will open bitcoin ETFs at the end of the year, and the real bull market of national speculation is coming? "Trump's second son confirms holding a lot of bitcoin: My father also holds a lot of bitcoin, optimistic about BTC becoming digital gold" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".

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GateUser-3da1e2e4vip
· 05-08 08:35
Just go for it💪
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