President Donald Trump has recently announced a number of executive orders that aroused global uncertainties and resulted in bitcoin price recovery.
Trump’s remarks seemed to have been supportive in pushing Bitcoin towards a new high of more than $72,200.
Trump’s remarks signal that he may have fully accepted the decentralized nature of Bitcoin and is ready to do what he can to help the fast-growing sector.
According to the crypto exec, Trump’s campaign and court cases will pump the tokens regardless of the election outcome.
The ex-president’s words echo sentiments shared by players in both the technology and political spheres about the potential use of AI to create visual and audio media meant to mislead the public, especially before the upcoming elections.
MetaLawMan predicted the SEC chair, whose term extends until 2026, may likely oppose the tradition if Trump eventually wins the election and becomes the new US President.
Kennedy expressed his concerns about the potential infringement on civil liberties that comes with the ability to monitor every transaction.
Blockchain analytics firm Arkham Intelligence has also confirmed the price surge from a Donald Trump-labeled crypto wallet.
While Trump and his cohorts believe the introduction of CBDCs to the financial economy is a dangerous threat to freedom, many nations around the world are exploring such assets.
A known supporter of Bitcoin, DeSantis has openly opposed the idea of a government-issued central bank digital currency, calling it a threat to financial freedom.
The promotional approach seems effective in driving sales for Trump’s latest NFT collection, limiting “one of one” ordinals to a maximum of 200 in this exclusive offer.