Bitcoin, Trump and crypto
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The Trump family is taking another step into cryptocurrency with the launch of American Bitcoin, a large-scale mining venture created in partnership with publicly traded crypto firm Hut 8.
From TheStreet
“This is a bearish scenario for American stock markets and the rest of the world’s trading participants," Sergei Gorev, head of risk at bitcoin and crypto platform YouHodler, said in emailed comments...
From Forbes
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Strategy founder Michael Saylor thinks “made in the USA” Bitcoin will be worth $1 million as the market crashes following President Trump’s tariffs war.
Bitcoin (BTC) traded above $84,000 on Friday, showing strength despite the stock market experiencing significant declines. The market reaction stems from United States (US) President Donald Trump's clash with the Federal Reserve (Fed) Chairman Jerome Powell over interest rate decisions.
The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive. While the US is home to Bitcoin (BTC) mining manufacturing firms such as Auradine,
The son of President Donald Trump said American Bitcoin will become a proxy for the world's largest cryptocurrency
American Bitcoin Corp., the crypto mining venture announced this week between Hut 8 Corp. and an investor group that includes two sons of US President Donald Trump, plans to eventually go public as well as to seek additional private capital.
Donald Trump Jr. and Eric Trump announced Monday the launch of “American Bitcoin,” a new cryptocurrency mining company created through
H ut 8, a publicly traded Bitcoin mining company, announced Monday morning that it was partnering with President Donald Trump’s sons, Eric Trump and Donald Trump Jr., to launch
On March 31, Eric Trump and Donald Jr. — U.S. President Donald Trump’s sons — entered into a partnership with the Bitcoin mining firm Hut 8 to launch American Bitcoin.
Crypto-related stocks fell again, however, with Coinbase down about 8%, MicroStrategy rose less than 1%. Meanwhile, spot gold fell 2.5% to $3,041.09 an ounce, while U.S. gold futures were down 1.79% at $3,063.50.