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The crypto crown princes who could ‘win, win, win’ under Trump

Financial Times LogoFinancial Times16h ago

The crypto crown princes who could ‘win, win, win’ under Trump - Financial Times

Quick Summary:

Trump “has injected optimism into the market”, he said recently, adding: “With talks of a US strategic bitcoin reserve and more companies adding bitcoin to their corporate treasuries, we are on the precipice of true mainstream global adoption.

In the two years since the 2022 crypto crash wiped out many of the digital asset industry’s biggest names, many of the big players who survived have hitched themselves to the Maga movement.

Armstrong has been one of the main drivers behind Fairshake, a Super Pac that has funnelled money from wealthy crypto donors to friendly candidates.


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Article Details

Author / Journalist: Nikou Asgari

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-13 @ 05:00:40 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1768 words

Reading Time: 10 minutes read

Sentences: 72 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Financial Times

News ID: 24392080

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 11 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

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