Donald Trump's Son Teases 'Major Crypto News'
By Vukan Ljubojevic | TH3FUS3 Senior Writer
August 7, 2024 05:00 AM
Reading time: 2 minutes, 10 seconds
TL;DR Eric Trump has hinted at a major announcement in the crypto space, stirring excitement. This comes as Donald Trump and Kamala Harris gear up for the November elections. The digital currency landscape is buzzing with anticipation.
Eric Trump, the 40-year-old son of former U.S. President Donald Trump, says he has major crypto news. His announcement emerges as the November elections draw closer, and many personalities affiliated with the top candidates amplify their views in different industries. This recent update from Eric has set the digital currency ecosystem on a new frenzy.
Eric Trump's Crypto Leaning
The crypto leaning of Donald Trump's son dates back months since industry members created a memecoin after the family name. In 2022, Eric Trump noted that he had no affiliation with Trumpcoin, and his tone was gradually softening.
Per the post on X he shared earlier, he noted that he has genuinely fallen in love with crypto and Decentralized Finance (DeFi). Though he gave no full context in this regard, the big announcement is what many are now looking forward to.
President Donald Trump has made Bitcoin a crucial mainstay of his campaign, from appearing at the Bitcoin Conference 2024 to picking a pro-BTC V.P. J.D.
Vance, the Republican Candidate, has continued to show his affinity for the industry. As reported earlier, Donald Trump recently revealed plans to interview Elon Musk. Though this might have strong connections to the coming election, crypto industry advocates are already pitching a BTC narrative.
The industry needs as much positive news as possible at this time, considering the serious volatility recorded in the past few days.
The Banter on Kamala Harris
The Eric Trump crypto comment came at a very strategic time. It comes as Vice President Kamala Harris announced her Vice Presidential pick, Tim Waltz.
Though the Kamala camp reportedly searched for a pro-crypto co-runner, Waltz's choice remains positive for some personalities.
Tim Waltz has no known crypto stance. However, he has a pro-regulation history. With many, many still need to be convinced about what his disposition to crypto would be.
"The crypto landscape is buzzing with anticipation as political figures weigh in."
The digital currency landscape is a battleground as the Trump versus Kamala fight intensifies. Both camps are leveraging the crypto space to garner support.
While Trump's camp aligns with crypto heavyweights, Harris' camp still defines its stance. The next few weeks will be critical as both camps unveil more strategies.
The entire crypto community is eagerly waiting for Eric Trump's big reveal, whether it be a new initiative, a partnership, or a policy stance. In any case, the news will have implications for the crypto space.
U.S.'s November presidential elections will be a showdown between Harris and Trump and a critical juncture for the future of cryptocurrency in the United States.