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Eric Trump Endorses Bitcoin, Pushes for $1 Million Valuation While Acknowledging China’s Influence in Crypto


by Coin Edition
for CoinEdition
Eric Trump predicts a $1 million Bitcoin price, backed by the Trump family's multi-billion dollar crypto ventures
  • Eric Trump said that his family loves and believes in the crypto community
  • He predicts Bitcoin will reach $1 million
  • Eric also praised China’s influence in the crypto industry, calling the country “a hell of a power”

During the Bitcoin Asia conference in Hong Kong, Eric Trump offered a strong endorsement to the cryptocurrency community. He said that the Trump family loves and believes in this community, stating that it embraced his father unlike anything he had ever seen before.

Predicting a meteoric rise, he declared confidently: “There’s no question. Bitcoin takes $1 million.”

Even though Bitcoin’s price has recently dropped to around $110,600 from its mid-August high of $124,500, Eric Trump is still very positive about it.

Related: Trump Sons-Backed Bitcoin Miner ‘American Bitcoin’ to Trade on Nasdaq

He also praised China’s influence in the crypto industry, calling the country “a hell of a power” and suggesting that the US and China are leading the way in digital finance.

While mainland China maintains a strict ban on trading and mining, Trump highlighted how Chinese miners, developers, and emerging infrastructure continue t…

The post Eric Trump Endorses Bitcoin, Pushes for $1 Million Valuation While Acknowledging China’s Influence in Crypto appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Eric Trump Endorses Bitcoin, Pushes for $1 Million Valuation While Acknowledging China’s Influence in Crypto


by Coin Edition
for CoinEdition
Eric Trump predicts a $1 million Bitcoin price, backed by the Trump family's multi-billion dollar crypto ventures
  • Eric Trump said that his family loves and believes in the crypto community
  • He predicts Bitcoin will reach $1 million
  • Eric also praised China’s influence in the crypto industry, calling the country “a hell of a power”

During the Bitcoin Asia conference in Hong Kong, Eric Trump offered a strong endorsement to the cryptocurrency community. He said that the Trump family loves and believes in this community, stating that it embraced his father unlike anything he had ever seen before.

Predicting a meteoric rise, he declared confidently: “There’s no question. Bitcoin takes $1 million.”

Even though Bitcoin’s price has recently dropped to around $110,600 from its mid-August high of $124,500, Eric Trump is still very positive about it.

Related: Trump Sons-Backed Bitcoin Miner ‘American Bitcoin’ to Trade on Nasdaq

He also praised China’s influence in the crypto industry, calling the country “a hell of a power” and suggesting that the US and China are leading the way in digital finance.

While mainland China maintains a strict ban on trading and mining, Trump highlighted how Chinese miners, developers, and emerging infrastructure continue t…

The post Eric Trump Endorses Bitcoin, Pushes for $1 Million Valuation While Acknowledging China’s Influence in Crypto appeared first on Coin Edition.

Read the article at CoinEdition

Read More

CRO, OKB, and PI Rebound as BTC Price Climbs Back From $107K Dip: Weekend Watch

CRO, OKB, and PI Rebound as BTC Price Climbs Back From $107K Dip: Weekend Watch

CRO has returned to over $0.3 after another double-digit pump.
Japanese Gaming Giant Gumi’s XRP Buy Twice the Size of Its Previous Bitcoin Investment

Japanese Gaming Giant Gumi’s XRP Buy Twice the Size of Its Previous Bitcoin Investment

Japanese mobile gaming company Gumi, backed by financial giant SBI Holdings, has anno...