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Crypto Backs Donald Trump: $4 Million War Chest In Bitcoin, XRP For Re-election Newsbtc 26 Tem 2024

Crypto Backs Donald Trump: $4 Million War Chest In Bitcoin, XRP For Re-election 🇺🇸

Ethereum XRP Donald Trump USA Bitcoin
Former President Donald Trump is set to deliver a keynote address at the 2024 Bitcoin Conference in Nashville, Tennessee. There is speculation that Trump may announce Bitcoin as a strategic reserve asset for the United States, potentially impacting the entire cryptocurrency industry. According to a CNBC report, Trump has raised over $4 million in campaign contributions from various digital assets including Bitcoin, Ethereum, XRP, and USDC. These contributions were part of the 'Trump 47' joint fundraising committee, which raised over $118 million between April and June. Contributions came from 12 states, including key battleground regions. Donors included housewives, US military officers, and crypto figures like the Winklevoss twins and BitGo's CEO Mike Belshe. This growing support reflects a shift from Trump’s previous anti-crypto stance. Trump's pivot towards a pro-crypto agenda has gained momentum. He launched an NFT collection on the Solana blockchain and will host a campaign fundraiser at the Bitcoin Conference. Event ticket prices range from $60,000 to $844,600. Trump has also shown support for cryptocurrency self-custody and criticized figures like Senator Elizabeth Warren. Naming JD Vance as his running mate, who advocates looser crypto regulations, further solidifies his pro-crypto platform. Bitcoin's current market struggle was also noted, with the price at $65,130 following a 2% drop.

Kaynak: www.newsbtc.com ↗

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