Trump, Wood and the crypto world’s favorite to be reelected

Donald Trump, candidate for president of the United States, is a favorite among various voters for his active participation in the crypto world and traditional finance (TradFi).

Cathie Woodthe CEO of Ark Invest, shared her support to him former president and advancement that will vote for “whoever is going to do the best job for our economy“.

Furthermore, he rated the status of Trump’s “progrowth” and ““pro-company”.

Several analysts of Bitfinex they made reference to the position of wood by upcoming elections of November.

In a interview conducted by Cointelegraph They explained that for wood the economic policy of Trump favors the innovation and the technological advance.

On the other hand, the co-founders of Gemini, Cameron and Tyler Winklevoss also showed his support to the former president of the United States. Each one, offered US$1 million in Bitcoin for the re-election of trump.

In his statements Trump declared himself to be “crypto president”

The Winklevoss twins They published on their account X, which they planned to vote for him candidate republican since he was “pro bitcoin” and “pro cryptocurrencies“, while Joe Biden was openly shown against of the digital currency.

Commenting on the Gemini owners’ statement, Bitfinex analysts wrote: “This move signifies a growing perception of Trump as a pro-innovation candidate within the cryptocurrency and TradFi communities.”

However, part of the donation of businessmen had to be back given that exceeded the maximum amount allowed by federal lawl of US$844,600 by individual donation.

Trump in search of crypto supporters

On May 21, Trump announced that his Presidential campaign would start accept donations in cryptocurrencies. Since its announcement, the crypto world he started it notice with greater acceptance and how a like-minded person to the market of the digital currency.

The possible re-election of Trump could tick he beginning of a favorable change for the innovation of the crypto industry from USA

“This alignment with pro-cryptocurrency policies has positioned Trump as the preferred candidate for those advocating for regulatory clarity and support for blockchain technology and cryptocurrencies,” the analysts concluded in the Cointelegraph interview.

 
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