Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
“The world is trying to hoard Bitcoin right now” — Eric Trump
By: cryptosheadlines|2025/05/16 06:15:06
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com There is an ongoing race across the world for Bitcoin accumulation, according to Eric Trump, the second-eldest son of US President Donald Trump. Speaking at a crypto conference in Toronto on May 15, Trump said that from families to government funds, “everybody in the world is trying to hoard Bitcoin right now.” The remarks came during a panel at Consensus 2025. Sharing the stage with Asher Genoot, the CEO of Bitcoin (BTC) mining company Hut 8, Trump said Bitcoin adoption has been incredible. “I’m traveling. I’m on a plane. Everybody in the world is trying to hoard Bitcoin right now. Everybody. I hear it from sovereign wealth funds. I hear it from the wealthiest families. I hear from the biggest companies.”Asher Genoot and Eric Trump at Consensus 2025. Source: CointelegraphTrump described what he sees as “two races in Bitcoin”: the accumulation race — currently led by Michael Saylor, he says — and the mining race, which marks his own involvement in the crypto space.President Trump’s third child is co-founder of American Bitcoin, a Hut8 subsidiary. On May 12, the companies announced American Bitcoin would merge with Gryphon Digital Mining in a stock-for-stock transaction that will result with a public listing on the Nasdaq. Related: Bitcoin bulls aim for new all-time highs by next week as capital inflows soarTrump crypto ventures cause Democrats consternationThe size of Trump’s family crypto ventures has grown considerably over several years from non-fungible token collections and mining to memecoins and a stablecoin. Critics say the ventures pose conflicts of interest and open the door to potential corruption.At various points, Democrats have called for investigations into Trump’s crypto-related activities, proposed legislation aimed at limiting potential financial gains by the Trump family from memecoins, and walked out of a joint hearing on digital assets, citing concerns over the lack of discussion around the president’s involvement in the crypto space.Senate Democrats withdrew their support for a bipartisan stablecoin bill amid ongoing scrutiny of the president’s crypto ventures, though a second voting session could come as soon as May 26.Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questionSource link
You may also like
Morning Report | Strategy increased its holdings by 4,871 BTC last week; Toss plans to develop its own blockchain and issue a native cryptocurrency; OpenAI's CFO privately questioned the timing of the IPO in 2026
Overview of Important Market Events on April 6th
Research: Stablecoins have a trading volume of 35 trillion a year, how much of it is real payment?
Stablecoins have a trading volume of 35 trillion, with 99% being internal transfers. McKinsey says that real payments rely on B2B support.
Galaxy Research: AI agents are giving rise to new species on the blockchain, how zero-human companies activate the financial flywheel
With the rise of ZHC (Zero Human Company) and the integration of native interfaces for DeFi protocols, autonomous AI entities are rapidly evolving from tools to "enterprises," autonomously achieving capital allocation and compound value appreciation on the blockchain.
Data Research: How big is the liquidity gap between Hyperliquid and CME crude oil?
Hyperliquid has already touched the door of crude oil pricing power.
Why Are GPU Prices Skyrocketing Out of Control?
Compute Power is Being Preemptively Locked In as AI Drives GPUs into a Prolonged Supply Crunch Cycle
How to Master Claude Cowork Completely?
A System to Let AI Start Working for You Instead of Chatting With You
70-Page Confidential Letter Alleges First Charge of 'Lying,' Altman Tells Board 'I Can't Change My Personality'
I feel the weight of this responsibility every day
Is Altcoin Season Starting in 2026? What Traders Should Watch Now
Altcoin season signals are becoming clearer in 2026 as capital rotation across crypto markets accelerates. Here’s what traders should watch and how strategy-based participation is evolving in the current market cycle.
Bitcoin ETF Inflows in 2026: Impact on BTC Price and Crypto Market Trends
Bitcoin ETF inflows are reshaping BTC price trends and crypto market liquidity in 2026. See how institutional capital is influencing volatility, trading behavior, and portfolio allocation strategies across crypto markets.
Visa's Stablecoin Strategy: Cards, Settlement, and the Future
At that time, the team no longer viewed cryptocurrency as a "card product," but began to see stablecoins as a real solution capable of addressing real-world problems.
Stock Market Split
The financial industry continues to evolve and develop as always, and will adopt any structure that can narrow the gap between the occurrence of events and the expression of opinions in prices.
How to capture the next Alpha in the narrative of predictive markets?
The prediction market is by no means a new casino in the cryptocurrency world, but rather a pricing engine for "event assets" that fills a 400-year gap in financial history: an article that reveals how it will reshape the logic of wealth in the next decade.
"Legal" Ponzi scheme? Unveiling the circular lending of Gemini exchange and its founder
Internal related-party transactions and financial black holes have triggered a crisis of trust, and the valuation logic has completely collapsed in the secondary market.
The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here
Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.
Oil prices are approaching a critical point. What will happen in mid-April?
Time becomes the deciding factor, and the oil market will take three paths.
The oil price is approaching a critical point, what will happen in mid-April?
Time Becomes a Determining Factor as the Oil Market Takes Three Paths
Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13
MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."
Zhou Hang, the founder of Yidao Yongche: Cryptocurrency has finally arrived at its time to shine
Cryptocurrency has not failed; it has simply targeted the wrong users over the past decade.
Morning Report | Strategy increased its holdings by 4,871 BTC last week; Toss plans to develop its own blockchain and issue a native cryptocurrency; OpenAI's CFO privately questioned the timing of the IPO in 2026
Overview of Important Market Events on April 6th
Research: Stablecoins have a trading volume of 35 trillion a year, how much of it is real payment?
Stablecoins have a trading volume of 35 trillion, with 99% being internal transfers. McKinsey says that real payments rely on B2B support.
Galaxy Research: AI agents are giving rise to new species on the blockchain, how zero-human companies activate the financial flywheel
With the rise of ZHC (Zero Human Company) and the integration of native interfaces for DeFi protocols, autonomous AI entities are rapidly evolving from tools to "enterprises," autonomously achieving capital allocation and compound value appreciation on the blockchain.
Data Research: How big is the liquidity gap between Hyperliquid and CME crude oil?
Hyperliquid has already touched the door of crude oil pricing power.
Why Are GPU Prices Skyrocketing Out of Control?
Compute Power is Being Preemptively Locked In as AI Drives GPUs into a Prolonged Supply Crunch Cycle
How to Master Claude Cowork Completely?
A System to Let AI Start Working for You Instead of Chatting With You
App