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Eric Trump Forecasts $1M Bitcoin Price at Abu Dhabi Crypto Conference
The post Eric Trump Forecasts $1M Bitcoin Price at Abu Dhabi Crypto Conference appeared on BitcoinEthereumNews.com. TLDR Eric Trump predicted Bitcoin will reach $1 million per coin during his speech at Bitcoin MENA conference in Abu Dhabi on December 9, 2024 He stated Donald Trump will be “the most pro-crypto president in the history of America” and plans to make the US the “crypto capital of the world” Eric Trump emphasized Bitcoin’s role as a global asset that doesn’t require intermediaries like banks or brokers He highlighted Bitcoin’s fixed supply of 21 million coins and its potential to empower people in developing nations The Trump family pledged continued support for cryptocurrency and its role in what Eric calls a “financial revolution” Eric Trump, Vice President of the Trump Organization and son of President-elect Donald Trump, made headlines at the Bitcoin MENA 2024 conference in Abu Dhabi on December 9 with his prediction that Bitcoin will reach $1 million per coin. The announcement came as part of a broader discussion about cryptocurrency’s future under the incoming Trump administration. During his address to conference attendees, Eric Trump expressed strong support for Bitcoin, describing it as a cornerstone of modern finance. He highlighted his father’s recent statements in Nashville, where Donald Trump declared his intention to become “the bitcoin president” and “the crypto president.” The younger Trump emphasized the administration’s plans to implement what he called “smart regulation” of cryptocurrency. He contrasted this approach with that of the current Biden administration, specifically criticizing SEC Chair Gary Gensler’s regulatory stance. Trump praised Paul Atkins, appointed by Donald Trump, as “an unbelievable ally” to the cryptocurrency industry. In discussing Bitcoin’s value proposition, Eric Trump drew parallels between the digital currency and his family’s traditional interest in hard assets. He pointed to Bitcoin’s scarcity, noting its fixed supply of 21 million coins as a key factor in its value potential. COMMENT: Eric…
The post Eric Trump Forecasts $1M Bitcoin Price at Abu Dhabi Crypto Conference appeared on BitcoinEthereumNews.com.
TLDR Eric Trump predicted Bitcoin will reach $1 million per coin during his speech at Bitcoin MENA conference in Abu Dhabi on December 9, 2024 He stated Donald Trump will be “the most pro-crypto president in the history of America” and plans to make the US the “crypto capital of the world” Eric Trump emphasized Bitcoin’s role as a global asset that doesn’t require intermediaries like banks or brokers He highlighted Bitcoin’s fixed supply of 21 million coins and its potential to empower people in developing nations The Trump family pledged continued support for cryptocurrency and its role in what Eric calls a “financial revolution” Eric Trump, Vice President of the Trump Organization and son of President-elect Donald Trump, made headlines at the Bitcoin MENA 2024 conference in Abu Dhabi on December 9 with his prediction that Bitcoin will reach $1 million per coin. The announcement came as part of a broader discussion about cryptocurrency’s future under the incoming Trump administration. During his address to conference attendees, Eric Trump expressed strong support for Bitcoin, describing it as a cornerstone of modern finance. He highlighted his father’s recent statements in Nashville, where Donald Trump declared his intention to become “the bitcoin president” and “the crypto president.” The younger Trump emphasized the administration’s plans to implement what he called “smart regulation” of cryptocurrency. He contrasted this approach with that of the current Biden administration, specifically criticizing SEC Chair Gary Gensler’s regulatory stance. Trump praised Paul Atkins, appointed by Donald Trump, as “an unbelievable ally” to the cryptocurrency industry. In discussing Bitcoin’s value proposition, Eric Trump drew parallels between the digital currency and his family’s traditional interest in hard assets. He pointed to Bitcoin’s scarcity, noting its fixed supply of 21 million coins as a key factor in its value potential. COMMENT: Eric…
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