Bitcoin

Donald Trump

<div class="finbold">
 <p class="paragraph">As of this morning, May 27, Donald Trump’s on-chain <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency holdings have surpassed the $10 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a> mark.</p>
 <p class="paragraph">This surge in his portfolio’s value is largely attributed to the remarkable performance of the $TRUMP coin, a digital asset that has seen a significant increase in its price.</p>
 <p class="paragraph">Trump’s holdings in $TRUMP alone are valued at $7.3 million, making up a substantial portion of his crypto assets, according to data published by ArkhamIntel on May 27.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    South Carolina's most active senator in stock trading: Lindsey Graham's net worth revealed <span class="self-center text-xs text-slate-500">46 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    U.S. default rate on consumer loans hit highest level since 2012 <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Crypto expert predicts total market cap going to $15 trillion <span class="self-center text-xs text-slate-500">3 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    How rich is Missouri senator Josh Hawley; Josh Hawley's net worth revealed <span class="self-center text-xs text-slate-500">3 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="576" src="https://cdn.thebittimes.com/images/2024/05/27/ad12283cc0dc06e511fdf2e441e0dc1e.webp" alt="" class="wp-image-178848" srcset="https://cdn.thebittimes.com/images/2024/05/27/ad12283cc0dc06e511fdf2e441e0dc1e.webp 1024w, https://cdn.thebittimes.com/images/2024/05/27/ad12283cc0dc06e511fdf2e441e0dc1e.webp 300w, https://cdn.thebittimes.com/images/2024/05/27/ad12283cc0dc06e511fdf2e441e0dc1e.webp 768w, https://cdn.thebittimes.com/images/2024/05/27/ad12283cc0dc06e511fdf2e441e0dc1e.webp 1536w, https://cdn.thebittimes.com/images/2024/05/27/ad12283cc0dc06e511fdf2e441e0dc1e.webp 1674w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Donald Trump’s holding of $TRUMP. Source: ArkhamIntel
  </figcaption>
 </figure>
 <p class="paragraph">The $TRUMP coin, which was created as a tribute to the former president, has experienced a notable rise in value recently. This spike can be attributed to several factors, including increased interest from Trump’s supporters and speculators hoping to capitalize on the coin’s unique association with the ex-president.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="572" src="https://cdn.thebittimes.com/images/2024/05/27/f2f6dc7cc9d73833d4be18965a64d596.webp" alt="" class="wp-image-178849" srcset="https://cdn.thebittimes.com/images/2024/05/27/f2f6dc7cc9d73833d4be18965a64d596.webp 1024w, https://cdn.thebittimes.com/images/2024/05/27/f2f6dc7cc9d73833d4be18965a64d596.webp 300w, https://cdn.thebittimes.com/images/2024/05/27/f2f6dc7cc9d73833d4be18965a64d596.webp 768w, https://cdn.thebittimes.com/images/2024/05/27/f2f6dc7cc9d73833d4be18965a64d596.webp 1280w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Trump’s Total crypto portfolio. Source: ArkhamIntel
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-crypto-market-sentiment">Crypto market sentiment</h2>
 <p class="paragraph">Additionally, the broader <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency market has been on an upward trajectory, contributing to the appreciation of various digital assets.</p>
 <p class="paragraph">During his recent campaign speeches, Trump has not shied away from discussing <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies. Historically, Trump has had a mixed stance on digital currencies. In 2019, he expressed skepticism about Bitcoin and other <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies, labeling them as “highly volatile” and based on “thin air.”</p>
 <p class="paragraph">However, his recent comments indicate a slight shift in perspective, possibly influenced by the growing popularity and acceptance of cryptocurrencies in mainstream finance.</p>
 <p class="paragraph">In a speech earlier this month, Trump acknowledged the potential of blockchain technology and digital assets to transform the financial landscape. He emphasized the importance of innovation and staying ahead in technological advancements.</p>
 <p class="paragraph">In a May 25&nbsp;post&nbsp;on&nbsp;<em>Truth Social</em>, a social media platform owned by Trump Media and Technology Group, he stated:</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“Our country must be the leader in the field, there is no second place.”&nbsp;</p>
 </blockquote>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“We need to embrace the future of finance,” Trump stated, “Blockchain and cryptocurrencies offer new opportunities for growth and efficiency. We must explore and harness these innovations to ensure our country remains a global leader.”</p>
  <p class="paragraph"></p>
 </blockquote>
 <p class="paragraph">Trump’s campaign began accepting <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency&nbsp;donations on May 21 via&nbsp;Coinbase&nbsp;Commerce.&nbsp;</p>
 <p class="paragraph">Despite this more positive outlook, Trump also highlighted the need for regulatory oversight to protect investors and ensure market stability. He stressed that while innovation should be encouraged, it must be balanced with responsible governance to prevent fraud and financial misconduct.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/donald-trump-now-holds-10-million-in-crypto-tbt90031.html">https://thebittimes.com/donald-trump-now-holds-10-million-in-crypto-tbt90031.html</a></p>

Donald Trump now holds $10 million in crypto

Table of Contents

TheBitTimes

Other articles published on May 27, 2024

Solana: A volatile 2 weeks puts SOL’s $200 milestone in question

Top 3 Cryptos Set for Major Gains

Solana (SOL) price encounters resistance near $190 — Here is why

Ethereum gains 5% in 24 hours: Start of post-ETF approval pump?

Bitcoin’s Achilles Heel: Can Network Congestion Be Resolved?

Pyth Price Feeds and Entropy launch on Sei V2, enhancing scalability

Join our free newsletter for daily crypto updates!