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Donald Trump Receives $300K in XRP From Ripple Exec

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The presidential race in the United States is getting interesting, with several twists and turns. Amidst this, crypto currency hasn’t lost steam. Donald Trump , the former President of the United States, has continued to garner support from the crypto currency industry through donations. More recently, the Chief Legal Officer of Ripple, Stuart Alderoty, donated a staggering $300,000 in XRP to the Republican presidential candidate. Fox Business journalist Eleanor Terrett revealed that Alderoty poured in 624,000 XRP to Trump’s campaign. This donation was made on June 11, 2024, but was brought to light only recently. NEW: According to @AppBreadcrumbs, @Ripple’s General Counsel @s_alderoty donated $300K in $XRP to @realDonaldTrump. — Eleanor Terrett (@EleanorTerrett) July 25, 2024 It seems like Trump’s campaign was scared of the volatility of the crypto currency industry. Following the above transfer from the Ripple CLO, Trump’s office converted the XRP to USDC. Former FOX News analys...

Trump bashes CBDCs again, cites pro-crypto candidate

In a recent rally at Laconia, New Hampshire, former U.S. President Donald Trump reiterated his opposition to the concept of central bank digital currencies (CBDCs). In a recent statement, former United States President Donald Trump reiterated his firm opposition to Central Bank Digital Currencies (CBDCs), vowing to prevent their launch. This stance aligns him with Vivek Ramaswamy, a pro-crypto candidate who has just suspended his campaign. Trump’s declaration on January 18th marks a significant moment in the ongoing debate around the future of digital currencies in the US financial system. I will never allow the creation of a Central Bank Digital Currency. Donald Trump JUST IN: President Trump says Vivek Ramaswamy told him about the dangers of a CBDC and promises to never allow it if elected. pic.twitter.com/JKjAGY18F2 — Watcher.Guru (@WatcherGuru) January 23, 2024 You might also like: A Trump re-election could mean ‘friendlier’ crypto laws, GOP lawmaker s...

Donald Trump NFT prices spike following release of mugshot in Georgia criminal case

The former U.S. President returned to X for the first time since January 2021 to post his mugshot, which has now been thoroughly manipulated for memes by many users. The price of nonfungible tokens (NFTs) featuring Donald Trump surged after news outlets released a photo of the former United States President as part of his criminal case in the state of Georgia for allegedly attempting to subvert the will of voters in the 2020 election. According to data from NFT marketplace OpenSea, the floor price of Trump’s line of digital trading cards first released in December 2022 increased more than 62% from 0.138 to 0.224 Ether (ETH) on Aug. 24 shortly after the former president’s mugshot became public. The image, which shows Trump looking angrily at the camera amid his surrender at the Georgia Sheriff's Office in Fulton County, has gone viral as the first mugshot of a current or former U.S. President facing criminal cases. Trump, who has largely restricted his social media activity to...