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147 new news items in the last 24 hours
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  2. International
24 November 13:35

Crypto assets have affected the Trump family's wealth, which has decreased to 6.7 billion dollars. Eric Trump encourages investors to take advantage of volatility.

Cristiana Dida
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In the second term of President Donald Trump, his family invested significantly in crypto assets, but now they are facing extreme volatility. The value of a memecoin associated with Trump has dropped by 25% since August, and Eric Trump's stake in a Bitcoin mining firm has lost nearly half its value. The shares of Trump's social media company, which began accumulating Bitcoin, are close to a historic low. This crash is part of a broader trend that has wiped out over $1 trillion from the digital asset market, and the Trump family's wealth has decreased from $7.7 billion to $6.7 billion.

Eric Trump remains optimistic, encouraging investors to "up their stakes" despite the declines. Although the Trump family is experiencing losses, they benefit from investment structures that provide them with income from token sales, regardless of price fluctuations. This situation highlights the difference between retail investors, who can only speculate, and the Trump family, which has the ability to create and sell tokens, thus generating additional income.

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Ziarul Financiar
Prăbuşirea pieţei cripto ”sărăceşte” familia Trump: Averea familiei preşedintelui american a scăzut cu 1 mld. dolari faţă de luna septembrie din cauza expunerii mari pe proiectele cripto. Bitcoin a scăzut de la peste 120.000 de dolari la 86.000, trăgând în jos întreaga piaţă
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Business Magazin
Prăbuşirea pieţei cripto "sărăceşte" familia Trump: Averea familiei preşedintelui american a scăzut cu 1 mld. dolari faţă de luna septembrie din cauza expunerii mari pe proiectele cripto. Bitcoin a scăzut de la peste 120.000 de dolari la 86.000, trăgând în jos întreaga piaţă

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NEWS ON THE SAME TOPICS

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World Liberty Financial, the Trump family's crypto project, promises investors "guaranteed direct access" to equipment in exchange for blocking some tokens worth 5 million dollars.
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Massive capital inflows into ETF funds and short squeeze liquidations have propelled the price of bitcoin above the threshold of 76,000 dollars.
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The USA announces the construction of an official Bitcoin reserve, while Europe appears skeptical towards cryptocurrencies and chooses regulation.
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The American treasury approves the currency dedicated to Donald Trump
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