Donald Trump

Eric Trump, son of former President Donald Trump, hinted at a major announcement in the crypto and decentralized finance (DeFi) sectors. As the November US elections approach, political candidates are ramping up their engagement with the cryptocurrency world. 
Eric Trump’s interest in crypto isn’t new. Last year, he distanced himself from “Trumpcoin,” a memecoin created by industry enthusiasts. However, his recent comments suggest a shift in his stance.&nbsp; 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
 <img fetchpriority="high" decoding="async" width="533" height="180" src="https://www.cryptotimes.io/wp-content/uploads/2024/08/Trump-Family-Hypes-Major-Crypto-Announcement-Ahead-of-Elections.png" alt="Trump Family Hypes Major Crypto Announcement Ahead of Elections" class="wp-image-194539">
 <figcaption class="wp-element-caption">
 Source : <a href="https://x.com/EricTrump/status/1820906993802211751" target="_blank" rel="noreferrer noopener nofollow">X</a>
 </figcaption>
 </figure>
</div> 
On Tuesday, Eric shared on X that he has developed a strong passion for crypto and DeFi, although he didn’t reveal specifics about the upcoming announcement. This teaser has generated significant anticipation. 
Donald Trump has also been vocal about his support for Bitcoin. He made headlines by attending the Bitcoin Conference 2024 and selecting pro-Bitcoin VP candidate JD Vance.&nbsp; 
Trump’s commitment to the crypto space is clear as he prepares for a potential interview with Elon Musk, which might further highlight his crypto-friendly agenda. 
Vice President Kamala Harris’s selection of Tim Walz as her running mate adds complexity to the crypto landscape. Known for his pro-regulation stance, Walz has yet to publicly state his position on cryptocurrencies, sparking speculation about his potential views on crypto regulation. 
As the crypto industry faces significant volatility, positive news is crucial. With Eric Trump’s upcoming announcement, both the crypto community and political observers eagerly await details that could shape the sector’s future. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/08/03/trump-suggests-bitcoin-as-solution-to-35t-national-debt/" target="_blank" rel="noreferrer noopener">Trump Suggests Bitcoin as Solution to $35T National Debt</a> 
</blockquote>

Eric Trump Builds Hype for Major Crypto Announcement

The Crypto Times

Other articles published on Aug 7, 2024

Aventus Supply Chain Solution Demonstrates Polkadot's Impact on Aviation Industry (7 Aug)

BlackRock Issues Urgent Warning Over Rising Crypto Scams Targeting ETF Investors

Ripple Announces Major Partnership With DFIC Innovation Hub To Boost Crypto Adoption

Analyst Says Bitcoin Bottom Is Not In, Will Price Crash Below $50,000 Again?

Amid Market Recovery Top AI Tokens To Buy For A 100% Jump

BNB Price Encounters Crucial Levels

Join our free newsletter for daily crypto updates!