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Shares of Crypto-related Stocks Are Trading Higher Amid a Rise in Bitcoin.
Express News | Shares of Crypto-related Stocks Are Trading Higher Amid a Rise in Bitcoin
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Eric Trump, the second son of Trump: The USA is about to welcome the most crypto-friendly government in history!
① Eric, the second son of Trump, the elected president of the USA, stated that the Trump administration will become the most friendly government towards Cryptos in USA history. ② Eric mentioned at the Bitcoin Middle East and North Africa conference that Trump will promote USA's leadership in the "digital revolution" and promised not to impose excessive regulation on Cryptos.
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On the night when Chinese concept stocks rose, small coins crashed.
In the past 24 hours, more than 567,000 people across the Cryptos network were liquidated, with a liquidation amount reaching 1.71 billion dollars, the second highest in history. Bitcoin briefly fell below 95,000 dollars, while Ethereum came close to 3,500 dollars at one point. The Small Cap Index recorded the largest intraday drop of the year.
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Eric Trump, the second son of Donald Trump: Modern banks are outdated, and the usa must lead the cryptocurrency trend.
① Eric, the second son of Trump, stated that a set of "reasonable" regulatory guidelines could make the usa a superpower in cryptos; ② Recently, Trump nominated crypto supporter Paul Atkins to become the SEC chairman, which pushed the bitcoin price to briefly exceed the 0.1 million dollar mark; ③ Eric mentioned that americans want to see efficiency and hope the government does not hinder businesses.
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Trump's eldest son comments on Cryptos: Rationalize regulation, I am a loyal fan, my dad wants to turn the USA into the "Crypto Capital."
Eric Trump stated on Monday that he has been a "longtime loyal fan of Cryptos" and revealed that his father plans to make the "USA the Global capital of Cryptos" after returning to the White House, emphasizing that "transparency" is the direction for reforming regulation. He also mentioned that Tesla CEO Musk will play an important role in the new government.