Bitcoin Bitcoin suddenly soared after surging in the new year following the China earthquake.
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Bitcoin’s price has soared from less than $60,000 last week to $70,000 per Bitcoin as MicroStrategy founder Michael Saylor reveals a massive $100 trillion “end goal.”
Now, as Tesla billionaire Elon Musk warns that the US could slide into “bankruptcy,” a new cryptocurrency sale backed by former US President Donald Trump has pushed Bitcoin prices higher. and the virtual currency market is rising significantly — climbing the moon as the chances of Trump taking back the White House next increase.
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Forbes: “Digitizing the Dollar”—BlackRock CEO reveals radical plans for AI-powered cryptocurrencies that are expected to drive up the prices of Bitcoin and Ethereum Text: Billy Bambrough
Former US president and Republican presidential candidate Donald Trump has been leaning towards Bitcoin and…(+)cryptocurrencies this year, helping fuel the boom in Bitcoin prices.
AFP (via Getty Images)
Jeff Kendrick, Head of Cryptocurrency Research at Standard, said, “There are only three weeks left until the US election.If we can believe the polymarket, the probability that Trump will win the presidency is currently 56%, and the Republican victory rate is 39%.” In an email, Chartered Bank mentioned the odds on its cryptocurrency-powered Polymarket betting platform.
“This means that in the conditional probability space, if Trump wins, there is a 70% chance of a landslide victory for the Republican Party. Digital assets have finally started to rise in response.”
Kendrick previously predicted that the price of Bitcoin would reach $125,000 per Bitcoin if President Trump retakes the White House, compared to the price under Vice President and Democratic nominee Kamala Harris. The Bitcoin price is set at $75,000.
President Trump’s embrace of Bitcoin and cryptocurrencies through his family’s World Liberty Financial crypto project and non-fungible token (NFT) collection, as well as his pledge to loosen crypto regulations, makes Harris more crypto-friendly. I started taking a stance.
Speaking at a Bitcoin conference earlier this year, Trump promised to create a Bitcoin Strategic Reserve in the United States if re-elected, and predicted that the price of Bitcoin could eventually surpass that of gold.
World Liberty Financial’s new WLFI cryptocurrency launched today, with approximately 220 million tokens sold to over 1,700 unique wallets within the first 20 minutes, Coindesk reported.
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Forbes Donald Trump’s ‘major’ China nightmare suddenly becomes reality By Billy Bumbrough
Bitcoin prices suddenly soared this morning, climbing toward a record high of over $70,000 per Bitcoin as the Donald Trump-backed cryptocurrency WLFI goes live.
forbes digital assets
President Trump’s sons Don Jr. and Eric are deeply involved in World Liberty Financial’s cryptocurrency project, with Trump himself being called the “chief cryptocurrency advocate” and his son Barron a “DeFi visionary.” are.
Co-founder Zachary Folkman says there are “well over 100,000 people on the so-called whitelist” to participate in the WLFI cryptocurrency sale, a decentralized finance project from President Trump-backed World Liberty Financial. “people” have joined.
The WLFI cryptocurrency, a governance coin designed to allow holders to vote on the direction of projects, was expected to raise around $300 million at a $1.5 billion valuation, but the U.S.-based purchase The person must be an “accredited investor.”
Speaking on this week’s X Spaces broadcast, Folkman said World Liberty Financial will allow users to lend and borrow cryptocurrencies, create and manipulate liquidity pools, and trade with stablecoins.
