24/7 Cryptocurrency News

Pro-Bitcoin Donald Trump Declares Himself “Crypto President”

Published by

Pro-Bitcoin Presidential Candidate, Donald Trump has declared himself the “Crypto President” as he looks to deepen his stance with the fast-growing ecosystem.

Advertisement

Donald Trump Supports Crypto Companies

The 45th President of the United States Donald Trump was in San Francisco on Thursday for a fundraiser. While giving his speech, Trump trolled Democrats for trying to regulate the digital asset sector. In addition, he named himself the champion of cryptocurrency.

According to Trevor Traina, a San Francisco-based tech executive and former Trump ambassador to Austria,  Donald Trump said “he would be the crypto president.”

Trump’s statement comes as he raised $12 million from the fundraiser hosted by tech venture capitalists David Sacks and Chamath Palihapitiya. In the last few months, Trump has remained at the forefront of crypto activities, boosting his way through in preparation of the November elections. He has seized his campaign as an opportunity to proclaim his love for cryptocurrencies.

Beyond saying he would support the new asset class, Trump recently announced that he started receiving donations for his campaign in cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Shiba Inu (SHIB) and others. So far, this makes him the first candidate in the upcoming elections that is receiving crypto donations and contributions.

Two weeks ago, the Republican openly vowed to support crypto companies and the companies operating in the broader crypto ecosystem if he is re-elected as president.

He identified the huge efflux of businesses from the United States due to the strict regulatory framework prevalent in the region. Donald Trump described the nascent ecosystem as a “new and burgeoning industry.” This description resonates with many who believe that it shows a true understanding of the industry.

Advertisement

Biden or Trump For President? 

Meanwhile, President Joe Biden who is Donald Trump’s main opponent in the November elections, challenged the Republican’s crypto stand by devising his own crypto outreach plan.

Biden has reached out to a  few crypto industry leaders, seeking guidance on working crypto policies moving ahead. Even with his administration’s proactiveness including the approval of spot Ethereum ETFs, many crypto observers believe that Trump stands a better chance at winning the Presidency than Biden.

Nayib Bukele, the pro-Bitcoin President of El Salvador, recently expressed confidence in Trump’s ability to win the 2024 US Presidential elections.

Read More: “Inflation Is A Hidden Tax on Your Money” Bitcoin Exchange Knocks Fiat in New Ad

 

Advertisement

Share
Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin

Published by

Recent Posts

  • Ethereum News

Tom Lee’s Bitmine Immersion (BMNR) Adds Another $103M ETH to its Ethereum Stash

Bitmine Immersion, the largest Ethereum treasury company, quietly added another 23,823 ETH to its total…

October 10, 2025
  • Bitcoin News

Bitcoin Price Flashes Top Signal After Rejection At $125K

Bitcoin price has continued to trade below the $125,000 mark as the market undergoes a…

October 10, 2025
  • 24/7 Cryptocurrency News

Breaking: Grayscale Solana ETF (GSOL) to Trade with 0.35% Fee

With the U.S. Securities and Exchange Commission's (SEC) final decision on Grayscale Solana ETF (GSOL)…

October 10, 2025
  • 24/7 Cryptocurrency News

Roger Ver, ‘Bitcoin Jesus,’ Settles $48M Tax Fraud Case with U.S. DOJ

Roger Ver, widely known in the crypto world as “Bitcoin Jesus,” has reached a settlement…

October 10, 2025
  • 24/7 Cryptocurrency News

Senate Democrats’ New DeFi Regulation Proposal Stalls Crypto Market Structure Talks

Senate Democrats have proposed new regulations for decentralized finance (DeFi) that they want to include…

October 10, 2025
  • 24/7 Cryptocurrency News

Zcash (ZEC) Extends Rally Above $200 as Privacy Narrative Gains Reflexive Momentum

Zcash (ZEC) now trades above $200. The rally reflects a reflexive surge in investor belief,…

October 10, 2025