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BlockNews
Home CRYPTO

Donald Trump JR. Teases Major Crypto Announcement: Here is What You Need to Know

by Michael Juanico
August 7, 2024
in CRYPTO, FEATURED
Reading Time: 3 mins read
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  • Donald Trump Jr. and Eric Trump have promised a “huge” crypto announcement that will “shake up the crypto world”
  • They stated that decentralized finance is the future and urged people not to “get left behind”
  • This comes after Donald Trump revealed plans to make Bitcoin a strategic reserve asset for the U.S. government if re-elected as President

Donald Trump Jr. and brother Eric Trump have promised to “shake up the crypto world,” with a huge announcement on the way. Cryptocurrency has become a major focus of Donald Trump‘s 2024 presidential campaign.

JUST IN: 🇺🇸 Donald Trump Jr. has teased an upcoming announcement related to crypto and DeFi

What do you think it is?

— BlockNews.com (@blocknewsdotcom) August 7, 2024

Trump Vows to Disrupt Crypto with Incoming Announcement

With the November presidential election approaching, crypto has become a key issue. Donald Trump has positioned himself as pro-crypto throughout his campaign.

In a recent post, Donald Trump Jr. teased a “huge crypto announcement,” saying “decentralized finance is the future.” He added that “big things are coming.”

Eric Trump also hyped the news, saying he has “truly fallen in love with crypto/DeFi.” He told followers to “stay tuned” for a big reveal.

Trump Embraces Bitcoin and Crypto

Donald Trump’s embrace of crypto is not new. At the 2024 Bitcoin Conference, he proposed making Bitcoin a strategic reserve asset for the U.S.

“If I am elected, it will be the policy of my administration [that] the United States of America will keep 100% of all the Bitcoin the US government currently holds or acquires into the future,” Trump said.

He added this would form the “core of the strategic national Bitcoin stockpile.”

Conclusion

The Trump family is clearly bullish on cryptocurrency and plans to make a major announcement that will purportedly shake up the crypto world. With Trump making crypto a key part of his campaign, the asset class is being thrust into the political mainstream ahead of the 2024 election.announcement from the Trump brothers has the crypto community abuzz with speculation.

Tags: Bitcoin ConferenceDonald TrumpDonald Trump Jr.Eric Trump
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