Trump Jr. Backs Crypto As World Liberty Financial Launches Strategic Reserve
With its disclosure of a new strategic reserve, World Liberty Financial (WLF), a decentralized finance firm closely associated with the Trump family, is generating ripples in the crypto market. The information surfaced during the well-publicized Ondo Summit in New York, where government authorities and business leaders convened to address the direction of digital banking. Related […]
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US President Donald Trump’s World Liberty Financial has embarked on yet another crypto buying spree. Yesterday it acquired $10M in $ETH, $10M in $WBTC, and $1.5M in $MOVE. As a project still in presale, $WLFI is making big waves. Could some of the best crypto presales follow suit? Trump Buys Move the Market When Trump goes large, the crypto market tends to sit up and take note. Remember when World Liberty Financial bought $47M of $BTC and $47M of $ETH on 20 January in celebration of the president’s inauguration? That same day, Bitcoin reached its all-time high – $109,114.88. The past 24....
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP). $ADA surged 43% in response to the news. Other reserve cryptos saw more moderate increases: $XRP grew by 14%, $SOL by 12%, $BTC […]
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP). $ADA surged 43% in response to the news. Other reserve cryptos saw more moderate increases: $XRP grew by 14%, $SOL by 12%, $BTC […]
Polymarket bookmakers report that the chances of Former President Donald Trump declaring a US Bitcoin strategic reserve have dropped. At first, speculations abound that Trump would reveal a daring strategy to include Bitcoin into the US strategic reserves during the Bitcoin 2024 conference this week. Related Reading: Could BlackRock’s Larry Fink Be Trump’s Next Treasury […]
The recent remarks by leading US presidential candidate Donald Trump regarding Bitcoin’s potential role as a strategic reserve asset for the United States have ignited substantial discussions among policymakers, legal experts, and financial analysts. While Forbes reported on the potential move, it is David Bailey, CEO of Bitcoin Magazine and advisor to the Trump campaign, […]