US EditionEric Trump says crypto ‘can’t be canceled’ as Trump family feuds with banks
- In early March 2025, President Donald Trump announced the creation of a U.S. Strategic reserve of cryptocurrencies, signaling a shift from his previous skepticism.
- Throughout his 2024 presidential campaign and successful bid for a second term, Trump increasingly embraced the cryptocurrency industry, promising a more crypto-friendly regulatory environment and potentially positioning the U.S. As a leader in the digital asset space.
- Following Trump's reelection, Bitcoin surged, surpassing $100,000 and reaching all-time highs, with a more than 40% increase in the subsequent month, although it currently hovers around $83,000.
- Donald Trump Jr. And Eric Trump have launched multiple crypto ventures, including World Liberty Financial and American Bitcoin, a mining company created in partnership with Hut 8, with Eric Trump serving as chief strategy officer, sparking ethical concerns due to the alignment of political power and potential private gains.
- Critics, including lawmakers like Elizabeth Warren and former ethics attorneys like Richard Painter, have raised concerns about potential conflicts of interest arising from the Trump family's increasing involvement in the crypto space, particularly regarding the use of tax dollars and the potential systemic effect on the economy, while others praise the family's engagement.
26 Articles
26 Articles
Denver Gazette
Colorado Springs GazetteEric Trump says crypto ‘can’t be canceled’ as Trump family feuds with banks
Eric Trump underscored the necessity of cryptocurrency for the future of finance, arguing that it is the antidote to “cancel culture” that the Trump family and others have been searching for. Trump and his brother, Donald Trump Jr., announced that…
Bitcoin, Ethereum, Dogecoin Rise As Trump Family Foray Into BTC Mining: Whale Wallet Spike 'Slight Sign Of Confidence,' Says Analyst - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)
Leading cryptocurrencies moved up Monday after the Trump family stepped deeper into the space with a Bitcoin mining venture. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.34% $82,667.94 Ethereum (CRYPTO: ETH) +2.03% $1,826.46 Dogecoin (CRYPTO: DOGE) +1.71% $0.1669 What Happened: The apex cryptocurrency rose to an intraday high of $83,870.12 in the early trading hours before losing…
'Devastating consequences': Ethics experts sound alarm at Trump family's latest venture
A new bitcoin-mining company is receiving an investment boost from President Donald Trump’s two oldest sons – a move that is also raising a new round of ethical questions from critics raising conflict of interest concerns.That’s according to the Wall Street Journal, which reported on Monday that a m...
Coverage Details
Bias Distribution
- 50% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
