Trump's Victory Fuels Bitcoin Surge: The Washington Post
The recent election victory of Donald Trump has sent bitcoin prices soaring, as reported by The Washington Post. Trump's promise to transform the United States into the "crypto capital of the planet" has sparked a rush among new investors eager to enter the cryptocurrency market. Daniel Manson, a 21-year-old college student from New Jersey, is one such investor who decided to invest his $6,200 windfall in bitcoin after betting on Trump's reelection.
This surge isn't limited to just bitcoin; other cryptocurrencies like ethereum and dogecoin have also seen significant gains since Election Day. Dogecoin’s value doubled following an unconventional branding move involving Elon Musk being appointed head of a newly formed advisory body called DOGE — Department of Government Efficiency. This development reflects growing mainstream acceptance and interest in digital currencies post-election.
Musk Endorses Bitcoin for U.S. Treasury Strategy: Forbes
Elon Musk has thrown his support behind using bitcoin as part of a strategic reserve plan aimed at tackling America's national debt crisis, according to Forbes. As rumors circulate about potential nation-state adoption of bitcoin under President-elect Trump’s administration, Musk endorsed Howard Lutnick for Treasury Secretary over Scott Bessent due to Lutnick's pro-bitcoin stance.
Lutnick himself revealed substantial investments in bitcoin through Cantor Fitzgerald during discussions with crypto influencer Anthony Pompliano. Meanwhile, Robert F Kennedy Jr., recently named Health Secretary pick by Trump’s team echoed similar sentiments regarding bitcoins' role against inflationary pressures faced by middle-class Americans today.
Georgia County Secures Elections via Blockchain: Forbes
Screven County made history this November when it became America’s first county utilizing blockchain technology provided by Simple Proof Company ensuring tamper-proof electoral results storage securely onto Bitcoins’ immutable ledger system, reports another article from Forbes magazine covering technological advancements within public sectors nationwide amidst rising concerns surrounding voter fraud allegations.
Sources:
- Trump’s win has bitcoin soaring. The ‘normies’ want in.
- ‘We Need Change’—Tesla CEO Elon Musk’s U.S. ‘Bankrupt’ Warning Backs Bitcoin Price Bull For Treasury
- Bitcoin Blockchain Used To Secure Election Results In Georgia County
- 3 promising cryptos ready to soar if Bitcoin hits $100k by year-end
- Bitcoin’s NVT Golden Cross Points to $93,000 as Stepping Stone, Not the Top
- Michael Van De Poppe Says Bitcoin, Ethereum And Altcoins Close To The Point Where Investors Can 'Buy The Dip'
- Ethereum Uptrend Resumes As Key Support Defends Against Bears | Bitcoinist.com
- It’s Finally Happening: Solana, Ethereum, and Tron Set to Redefine the Crypto Landscape in This Bull Market
- M2i Global expands with new Ethereum-based entity - ICYMI
- Best Cryptos to Invest: Qubetics Presale Hits Over $2M with Over 2,000 Holders—VeChain Rallies 36%, and
- Ethereum On The Rise: ETFs Reach An Unprecedented Milestone
- XRP Makes a Bullish Run: Top Altcoins Expected to Surge in Upcoming Altcoin Season
- November 2024’s Picks For Small-Cap Altcoins
- Best Crypto Presales to Consider Now – Promising Altcoins for the Upcoming Year
- The start of altcoin season: These 3 cryptos could overtake ETH by 2025
- Top 3 Altcoins to Watch in the Current Bull Market: AI Companions, Kaspa, & BlockDAG
- Which of Ethereum (ETH) or Solana (SOL) will Lead the Next Altcoin Season? A Comparative Analysis
- BTC Bulls Target $105k, ETH to $4k—But Analysts Are Betting on This 2000% Crypto's Boom!
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- Change will not come from participating in more rigged elections, protests, etc. We have been down all these rabbit holes
- XRP Price Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms
- 2 cryptocurrencies to reach $5 billion market cap by the year-end
- Dogecoin Reaches $25B Market Cap, FXGuys’ Trade2Earn Program Attracts Retail Investors
- Bitcoin Closes In on Google as Market Cap Nears $2 Trillion
