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$7.5 Million In Bitcoin, ETH, XRP Powers Trump’s Latest Campaign Efforts

Bitcoinist LogoBitcoinist13h ago

$7.5 Million In Bitcoin, ETH, XRP Powers Trump’s Latest Campaign Efforts - Bitcoinist

Quick Summary:

A political action committee supporting former President Donald Trump has raised approximately $7.5 million in crypto donations since early June, according to a recent filing with the Federal Election Commission.

The Trump 47 joint fundraising committee received contributions in Bitcoin, Ether, XRP, as well as stablecoins Tether and USD Coin.

Trump, who previously expressed skepticism toward Bitcoin and cryptocurrencies during his presidency, has repositioned himself as a pro-crypto candidate.

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$7.5 Million In Bitcoin, ETH, XRP Powers Trump’s Latest Campaign Efforts - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 03:00:57 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 687 words

Reading Time: 4 minutes read

Sentences: 43 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23097713

View Article Analysis

About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 11 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions

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The story "$7.5 Million In Bitcoin, ETH, XRP Powers Trump’s Latest Campaign Efforts" has 687 words across 43 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "$7.5 Million In Bitcoin, ETH, XRP Powers Trump’s Latest Campaign Efforts" was covered 13 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 13 news stories per day.

It's most recent story was published 11 hours ago.

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The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #23097713
  • URL: https://beamstart.com/news/75-million-in-bitcoin-eth-17291383535001

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