Eric Trump recently shared insights into why his family has embraced cryptocurrency, claiming they are among the most “canceled” companies worldwide. He emphasized that their shift toward crypto was not just a financial decision but also a reaction to what he described as a “war on the industry,” citing actions like bank account cancellations for ...
Eric Trump recently shared insights about his family’s shift to cryptocurrency, citing their struggles with cancel culture as a strong motivator. He believes cryptocurrencies provide quicker, more transparent, and cost-effective opportunities. Together with his brother Donald Trump Jr., Eric has co-founded a new bitcoin mining venture called American Bitcoin, aiming to create a US dollar-backed ...
Hut 8, a major Bitcoin mining company, recently announced a partnership with Donald Trump Jr. and Eric Trump to launch a new venture called American Bitcoin. In an interview, Hut 8 CEO Asher Genoot explained that the partnership is aimed at creating one of the largest and most efficient Bitcoin mining operations in the U.S., ...
Eric Trump is tapping into the world of cryptocurrency as his family seeks new business opportunities since Donald Trump’s return to the White House. He believes crypto is faster, more transparent, and cost-effective compared to traditional finance. Recently, the Trump Organization faced legal issues, but Eric is moving forward with plans to launch a stablecoin ...
Eric Trump sees cryptocurrency as a solution for his family’s business after facing challenges in traditional finance. He highlights the speed, transparency, and cost-effectiveness of crypto, reflecting a shift in their business strategy since Donald Trump’s return to the White House. The Trump Organization is diving into the crypto space, launching a U.S. dollar-backed stablecoin ...
Eric Trump and Donald Trump Jr. are merging their company, American Data Centers, with American Bitcoin, a mining operation primarily owned by Hut 8. They aim to build the world’s largest bitcoin mining operation while creating a significant bitcoin reserve. The Trumps have been active in the cryptocurrency space, launching a DeFi project and expressing ...
Hut 8 Corp. has launched American Bitcoin, a new subsidiary aimed at becoming the largest and most efficient Bitcoin miner globally. This strategic move involves transferring most of Hut 8’s ASIC miners to American Bitcoin, which will focus on industrial-scale mining and building a strong Bitcoin reserve. The company is targeting a processing power of ...
Metaplanet, a Bitcoin investment firm based in Japan, has achieved an impressive daily trading volume of ¥50.4 billion (about $337 million) following a significant BTC acquisition. This milestone places Metaplanet 13th among Japanese firms for trading activity, surpassing even the automotive giant Toyota. CEO Michael Gerovich highlighted this achievement on social media, attributing the surge ...
Bitcoin’s price has begun to recover, trading above $98,000 after a nearly 5% drop in the past two days. Eric Trump has suggested adding Bitcoin to their family-backed platform, World Liberty Financial, which may be helping this rebound. Data from Santiment reveals that Bitcoin whales are accumulating more BTC during this downturn, while retail investors ...
Bitcoin’s price has rebounded, currently trading above $98,000 after a recent decline of nearly 5%. Eric Trump has suggested adding Bitcoin to their family-backed crypto platform, World Liberty Financial, which may be aiding this recovery. Data from Santiment indicates that Bitcoin whales are accumulating more BTC during the recent price dip, while many retail investors ...
