{"id":23568,"date":"2024-06-25T18:15:37","date_gmt":"2024-06-25T15:15:37","guid":{"rendered":"https:\/\/coinengineer.io\/?p=23568"},"modified":"2024-06-25T18:05:31","modified_gmt":"2024-06-25T15:05:31","slug":"trump-gains-support-from-key-crypto-and-tradfi-players-for-2024-election","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/trump-gains-support-from-key-crypto-and-tradfi-players-for-2024-election\/","title":{"rendered":"Trump Gains Support from Key Crypto and TradFi Players for 2024 Election"},"content":{"rendered":"<p><strong>Donald Trump<\/strong> is turning into the most favored candidate by critical actors into the cryptocurrencity industry and TradFi. Thus, the Ark Invest CEO Cathie Wood, another optimistic of Trump for the 2024 presidency elections, said she would vote for \u201cwho going to do the best job for our economy.\u201d<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/trump-gains-support-from-key-crypto-and-tradfi-players-for-2024-election\/#Endorsements_and_Crypto_Support\" title=\"Endorsements and Crypto Support\">Endorsements and Crypto Support<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/trump-gains-support-from-key-crypto-and-tradfi-players-for-2024-election\/#Trumps_Shift_Towards_Crypto-Friendly_Policies\" title=\"Trump&#8217;s Shift Towards Crypto-Friendly Policies\">Trump&#8217;s Shift Towards Crypto-Friendly Policies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/trump-gains-support-from-key-crypto-and-tradfi-players-for-2024-election\/#Industry_Perspectives\" title=\"Industry Perspectives\">Industry Perspectives<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Endorsements_and_Crypto_Support\"><\/span>Endorsements and Crypto Support<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The nod from Wood may help Trump lock down his label as a \u201cpro-growth and pro-business\u2019 candidate for the November polls, said Bitfinex analysts. Besides <strong>Trump<\/strong>, the founders of Gemini, Cameron and Tyler Winklevoss have both donated $1 million in BTC for the campaign of the former U. S. president.<\/p>\n<p><a href=\"https:\/\/coinengineer.net\/blog\/mark-cuban-sells-nfts-strategy-or-market-response\/\"><em><span style=\"font-weight: 400;\">This Might Interest You: Mark Cuban Sells NFTs: Strategy or Market Response?<\/span><\/em><\/a><\/p>\n<p>On June 20 X posts, the Winklevoss stated their support for <strong>Trump<\/strong> as the former is pro-Bitcoin and pro-crypto Critics continue to note that Biden openly declared war on crypto while still in office. The part of the Bitcoins, equivalent to $110,000, were returned to the donors because it exceeded the federal statutory maximum limit of $844,600 per individual donor, which shows that the Winklevoss twins have bequeathed their full support to the emergence of the new industry of digital currency. Still, it must be said that information whether the excess amount was returned in Bitcoin or cash remained unknown.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trumps_Shift_Towards_Crypto-Friendly_Policies\"><\/span>Trump&#8217;s Shift Towards Crypto-Friendly Policies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In another change of tune regarding cryptos, on May 21, Trump said his campaign for the 2024 presidency will accept donations in cryptos. According to Bitfinex analysts, many have pointed out that Trump has been Crypto-friendly due to the support he has given to crypto friendly policies that has seen him earn the nickname \u201c<strong>Crypto President<\/strong>. \u201d<\/p>\n<p>The return of <strong>Trump<\/strong> to power might prove as a more positive change in prospects for the United States crypto market to become more innovative and permissive to the general use by the public. Trump advisors anticipate that if Trump becomes President, he may focus on establishing appropriate and business-friendly environment in this sphere and supporting initiative and investments in the world of cryptocurrencies at the same time. These could eventually mean that there will be more acceptance of the consumer digital assets and subsequently integration of the cryptocurrencies into the financial system hence more growth of the industry.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Industry_Perspectives\"><\/span>Industry Perspectives<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Nevertheless, Jason Allegrante, chief legal and compliance officer of Fireblocks, pointed out that those innovations are beyond political elections and belonging to any political party.<\/p>\n<p><em><a href=\"https:\/\/t.me\/coinengineernews\"><span style=\"font-weight: 400;\">Click here to get the latest news from Coin Engineer!<\/span><\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump is turning into the most favored candidate by critical actors into the cryptocurrencity industry and TradFi. Thus, the Ark Invest CEO Cathie Wood, another optimistic of Trump for the 2024 presidency elections, said she would vote for \u201cwho going to do the best job for our economy.\u201d Endorsements and Crypto Support The nod<\/p>\n","protected":false},"author":6,"featured_media":23571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,1,2],"tags":[7011,1730,7012],"class_list":["post-23568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-genel","category-news","tag-crypto-president","tag-donald-trump","tag-u-s-elections"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Gains Support from Key Crypto and TradFi Players for 2024 Election - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/trump-gains-support-from-key-crypto-and-tradfi-players-for-2024-election\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Gains Support from Key Crypto and TradFi Players for 2024 Election - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Donald Trump is turning into the most favored candidate by critical actors into the cryptocurrencity industry and TradFi. 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