{"id":26861,"date":"2023-08-14T11:26:28","date_gmt":"2023-08-14T11:26:28","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/08\/14\/donald-trump-reveals-substantial-crypto-holdings-but-its-not-bitcoin\/"},"modified":"2023-08-14T11:26:28","modified_gmt":"2023-08-14T11:26:28","slug":"donald-trump-reveals-substantial-crypto-holdings-but-its-not-bitcoin","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/08\/14\/donald-trump-reveals-substantial-crypto-holdings-but-its-not-bitcoin\/","title":{"rendered":"Donald Trump Reveals Substantial Crypto Holdings But It\u2019s Not Bitcoin"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Former United States President Donald Trump grew to become extra concerned within the crypto area over the previous yr. This was a results of the Donald Trump Trading Cards NFT collections the politician launched. However, it appears Trump\u2019s involvement in crypto goes even deeper as he reveals substantial holdings.<\/span><\/p>\n<h2>Trump Holds Ethereum<\/h2>\n<p><span style=\"font-weight: 400;\">Trump\u2019s 2023 <\/span><a href=\"https:\/\/www.documentcloud.org\/documents\/23876912-donald-trump-oge-public-financial-disclosure-report-2023-part-1\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Financial Disclosure<\/span><\/a><span style=\"font-weight: 400;\"> filed with the United States Office of Government Ethics (OGE) has revealed that the previous president holds as much as half 1,000,000 in Ethereum. As a part of his property, Trump listed a cryptocurrency pockets that comprises Ether valued between $250,001 to $500,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before now, Trump has been a <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/donald-trump-not-a-fan-of-bitcoin-and-crypto-too-volatile-he-says\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">long skeptic<\/span><\/a><span style=\"font-weight: 400;\"> of cryptocurrencies. In 2019, he went so far as stating, in a <\/span><a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/1149472282584072192?s=20\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">tweet<\/span><\/a><span style=\"font-weight: 400;\">, that he wasn\u2019t a \u201cfan of Bitcoin and other cryptocurrencies.\u201d He additional talked about that these cryptocurrencies are \u201chighly volatile and based on thin air.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During an interview with Fox Business in June 2021, Trump additionally <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-price-dips-after-trump-says-bitcoin-seems-like-a-scam\/\"><span style=\"font-weight: 400;\">said<\/span><\/a><span style=\"font-weight: 400;\"> that Bitcoin \u201cseems like a scam\u201d and expressed his dislike as soon as once more for the foremost cryptocurrency because it was one other foreign money \u201ccompeting against the dollar.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, regardless of the disclosure, there may be cause to consider that the previous president\u2019s crypto holdings don\u2019t translate to him having a change of coronary heart in the direction of cryptocurrencies, as this mentioned pockets is probably going linked to the non-fungible tokens (NFTs) he launched in partnership with NFT International LLC.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In reality, slightly below the point out of the crypto pockets, Trump additionally talked about his licensing settlement with the corporate. However, he didn\u2019t point out how a lot was paid as a part of the settlement as the worth will not be \u201creadily ascertainable.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trump had licensed his picture for use for the <\/span><a href=\"https:\/\/www.newsbtc.com\/nft\/over-16-million-of-donald-trump-nfts-traded-on-opensea\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Trump Digital Trading Cards<\/span><\/a><span style=\"font-weight: 400;\">, which launched in December 2022 on Polygon. Despite criticisms, with many seeing it as a money seize, the 45,000 Trump NFTs accessible offered out in lower than 12 hours, accumulating $4.35 million in gross sales.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/MjCAhVCn\/\" alt=\"Ethereum (ETH) price chart from Tradingview.com (Donald Trump)\" width=\"2884\" height=\"1746\"\/><\/p>\n<pre style=\"text-align: center;\">ETH worth struggles within the mid $1,800s | Source: <a href=\"https:\/\/Tradingview.com\" rel=\"nofollow noopener\" target=\"_blank\">ETHUSD on Tradingview.com<\/a><\/pre>\n<h2>Pro-Bitcoin Candidates<\/h2>\n<p><span style=\"font-weight: 400;\">Unlike Donald Trump, many different candidates have brazenly supported the flag-bearing cryptocurrency. One of them is Democratic Presidential Candidate Robert F. Kennedy who reportedly owns between $100,001 and $250,000 value of Bitcoin in investments.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The politician was fast to <\/span><a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/us-presidential-candidate-defends-bitcoin\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">defend<\/span><\/a><span style=\"font-weight: 400;\"> Bitcoin following considerations concerning the cryptocurrency\u2019s environmental impacts. He said these arguments towards Bitcoin are only a cowl to \u201ccurtail financial freedom.\u201d He had additionally beforehand disclosed his plans to again the US greenback with Bitcoin and exempt Bitcoin earnings from capital achieve taxes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, Republican Presidential Candidate Ron DeSantis has promised to finish \u201cBiden\u2019s War on Bitcoin.\u201d During a Twitter area with Elon Musk, the Florida governor additionally said that each citizen has \u201cevery right to do Bitcoin.\u201d<\/span><\/p>\n<p>Featured picture from Wall Street Journal, chart from Tradingview.com<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/donald-trump-substantial-crypto-holdings\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Former United States President Donald Trump grew to become extra concerned within the crypto area over the previous yr. This was a results of the Donald Trump Trading Cards NFT collections the politician launched. However, it appears Trump\u2019s involvement in crypto goes even deeper as he reveals substantial holdings. Trump Holds Ethereum Trump\u2019s 2023 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