America

Donald Trump

DeFi

The post <a href="https://coinpedia.org/news/donald-trumps-son-eric-hints-at-shocking-crypto-announcement-whats-coming-next/">Donald Trump’s Son Eric Hints at Shocking Crypto Announcement: What’s Coming Next?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
Eric Trump, son of former President <a href="https://app.coinpedia.org/donaldtrump" target="_blank" class="profile-details">Donald Trump</a> <img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2022/11/10122626/info_icon.svg" alt="information" class="info-icons"> <a href="https://app.coinpedia.org/donaldtrump" target="_blank"><img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2022/11/09190601/link.svg" alt="link"></a> <img decoding="async" src="https://image.coinpedia.org/app_uploads/profile/1722326224296vuje2za8fp.jpg" class="user_profile_img" alt="user_profile_img" title="user_profile_img"> Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President recently hinted at a significant announcement in the crypto and DeFi sectors, sparking widespread speculation. This comes as the political battle intensifies with the upcoming U.S. elections in November. 
<h2 class="wp-block-heading" id="h-a-stir-in-the-crypto-community">A Stir in the Crypto Community</h2> 
Eric’s cryptic <a href="https://x.com/EricTrump/status/1820906993802211751" target="_blank" rel="noreferrer noopener nofollow">post </a>has the crypto community buzzing, with questions about whether a new Trump-related cryptocurrency might be on the horizon. The interest in crypto and the Defi sector within the Trump family has been growing, with past mentions of TrumpCoin, a Solana-based memecoin. Although Eric previously distanced himself from such projects, his recent statements show a newfound enthusiasm for crypto and DeFi. 
<h2 class="wp-block-heading" id="h-why-it-matters">Why it matters?</h2> 
The timing of Eric’s comments is crucial as it aligns with broader political strategies. Donald Trump has made Bitcoin a central theme, participating in the <a href="https://coinpedia.org/news/bitcoin-to-hit-ath-after-donald-trump-bitcoin-conference-2024-speech/" target="_blank" rel="noreferrer noopener">Bitcoin Conference 2024</a> and choosing a pro-BTC running mate, JD Vance. Plus, Trump’s on-chain crypto asset holdings have also surpassed $10 million, largely due to the surge in the price of a memecoin named TRUMP, which, although not officially affiliated with him, has garnered significant investment. 
<h2 class="wp-block-heading" id="h-trump-s-bold-bitcoin-vision">Trump’s Bold Bitcoin Vision</h2> 
Donald Trump has been a significant supporter of Bitcoin over the past year. He has proposed many pro-crypto initiatives and consistently advocated for cryptocurrency, particularly Bitcoin, throughout his re-election campaign. At a conference in Nashville, he outlined his vision for America to become a Bitcoin superpower, promising to establish a strategic national Bitcoin reserve from the Bitcoin seized by the US government. He stated that if elected President in November, he would not sell the 200,000 BTC currently in US custody. 
<h3 class="wp-block-heading" id="h-kamala-harris-and-the-crypto-debate">Kamala Harris and the Crypto Debate</h3> 
Vice President <a href="https://app.coinpedia.org/kamalaharris" target="_blank" class="profile-details">Kamala Harris</a> <img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2022/11/10122626/info_icon.svg" alt="information" class="info-icons"> <a href="https://app.coinpedia.org/kamalaharris" target="_blank"><img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2022/11/09190601/link.svg" alt="link"></a> <img decoding="async" src="https://image.coinpedia.org/app_uploads/profile/1722325775351px0ksud6td.jpg" class="user_profile_img" alt="user_profile_img" title="user_profile_img"> Kamala Harris Kamala Harris is an American politician attorney, and currently serving as vice president of the United States. She is the first female vice president and the highest-ranking female politician in the U.S. Kamala was Born in Oakland, California, and graduated from Howard University with a degree in political science and economics, and later pursued her law degree from the University of California, Hastings College of the Law. As a politician, she implemented stricter laws, the DREAM Act, and federal legalization of cannabis, healthcare, and taxation reform. Harris secured enough non-binding support from delegates to become the speculative nominee of the Democratic Party. Vice President has also been active, recently announcing her Vice Presidential pick, Tim Walz, who has a pro-regulation background. This choice adds another layer to the political dynamics surrounding crypto. 
<h2 class="wp-block-heading" id="h-looking-ahead">Looking Ahead</h2> 
Trump has repeatedly expressed his strong desire to make America the leading crypto power. He believes that the US should use crypto to strengthen its economy and allow cryptocurrency to flourish under the US umbrella. According to him, if the US does not seize this opportunity, China will, and he is determined to prevent that. However, Eric’s interest has confirmed Trump’s crypto interest as Genuine and it could be in the interest of millions of crypto lovers.&nbsp; 
Could this be the game-changer move to boost Trump’s campaign? We have to wait and watch for all the action! 
Read Also: <a href="https://coinpedia.org/news/bitcoin-bounces-back-is-this-a-temporary-recovery-or-start-of-a-bear-market/" target="_blank" rel="noreferrer noopener">Crypto Market Today: Is This Just a Correction or the Start of a Bear Market?</a>

Donald Trump’s Son Eric Hints at Shocking Crypto Announcement: What’s Coming Next?

Table of Contents

CoinPedia News

Other articles published on Aug 7, 2024

Yona Network Integrates with Babylon Chain to Bridge Bitcoin and Solana

Bitcoin, Ethereum ETFs see record volumes amid market recovery

Bitcoin and Ripple Watch the Horizon for August's Critical Calls

Bitcoin Investors Buy Puts Aggressively

What is Neiro Memecoin?

DeFi Protocol Nexera Hacked for $1.5 Million Today

Join our free newsletter for daily crypto updates!