2024

Bitcoin

Million

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<p><strong>Key Points:</strong></p>  
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 <li><em>At the Bitcoin MENA 2024 conference, Eric Trump forecasted Bitcoin to reach $1 million and praised its borderless.</em></li>  
 <li><em>Donald Trump's son highlighted plans for a crypto-friendly presidency under his father, boosting industry confidence and increasing Bitcoin's price to above $100,000.</em></li> 
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<h5 class="wp-block-heading">Eric Trump, the son of U.S. President-elect Donald Trump and executive vice president of the Trump Organization, <a href="https://www.nytimes.com/2024/12/10/us/politics/eric-trump-cryptocurrency-conference.html" target="_blank" rel="noopener noreferrer nofollow">made</a> some bold predictions concerning cryptocurrency's future during his speech at the Bitcoin MENA 2024 conference in Abu Dhabi on Dec. 10.</h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/12/On_White_6_optimized_2000-scaled.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/12/On_White_6_optimized_2000-1024x576.jpg" alt="Donald Trump's Son Optimistic Bitcoin Will Hit $1 Million" class="wp-image-296396"></a>
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<p class="has-background" style="background-color:#222222">Read more: <a href="https://coincu.com/292402-gary-gensler-resignation-likely-before-trump/" target="_blank" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/295287-new-sec-chair-appointed-by-donald-trump/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/294996-bitcoin-miner-mara-expands-mining/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/259626-bouncebit-review-binance-megadrop-btc-restaking/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/292777-goldman-sachs-digital-asset-platform/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/288922-microsoft-rejects-bitcoin-investment-proposal/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/295541-president-elect-trump-is-fueling-new-crypto-wave/" rel="noopener noreferrer nofollow">President-elect Trump Is Fueling the New Crypto Wave</a></p>  
<h2 class="wp-block-heading" id="donald-trump-s-son-eric-trump-predicts-bitcoin-hitting-1-million">Donald Trump's Son Eric Trump Predicts Bitcoin Hitting $1 Million</h2>  
<p>According to Donald Trump's son, Bitcoin has the potential to rise to $1 million per BTC as opposed to most traditional banking systems.</p>  
<p>Trump says that just as email and text messaging changed the entire game in their infancy, so Bitcoin would be the new revolutionary financial instrument changing the game in the future. <a href="https://coincu.com/295417-president-elect-donald-trump-congratulates-btc/" target="_blank" rel="noopener noreferrer nofollow">Trump</a> glorified <a href="https://coincu.com/296376-microsoft-bitcoin-investment-proposal-rejected/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> with respect to its liquidity, borderless nature, and independence from corrupt governments, emphasizing that it would decide the future of money itself.</p>  
<h2 class="wp-block-heading" id="trump-family-lines-up-business-enterprises-with-crypto-advocacy">Trump Family Lines Up Business Enterprises with Crypto Advocacy</h2>  
<p>The Trump family has made direct investments in the business, including the launch of the crypto platform <a href="https://coincu.com/293815-world-liberty-financial-investment-justin-sun/" target="_blank" rel="noopener noreferrer nofollow">World Liberty Financial</a>, which was promoted at the event, which is an attestation to the family's love for cryptocurrency. Eric Trump said his father's presidency will be pro-crypto in nature.</p>  
<p>Donald Trump's son criticized the outgoing chair of the SEC, <a href="https://coincu.com/293303-sec-chair-gary-gensler-will-lose-power/" target="_blank" rel="noopener noreferrer nofollow">Gary Gensler</a>, for what many in the crypto industry saw as hostility. He celebrated that the president-elect had picked a known crypto-friendly regulator, <a href="https://coincu.com/295287-new-sec-chair-appointed-by-donald-trump/" target="_blank" rel="noopener noreferrer nofollow">Paul Atkins</a>, as Gensler's replacement. Following the announcement, the value of Bitcoin surged past $100,000, and Trump pointed to it as evidence of growing public trust in digital assets.</p>  
<p>“You’re going to have the most pro-crypto president in the history of America,” Trump told attendees. He assured that his father’s administration would resist overregulation and high taxes on cryptocurrencies, positioning the U.S. as a global leader in the digital asset space.</p>  
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Donald Trump's Son Optimistic Bitcoin Will Hit $1 Million

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