Residents of mainland China found ways to circumvent restrictions, and China is a very serious competitor to the United States on the crypto, said the son of the American president at the Bitcoin Asia conference in Hong Kong.
Earlier, Bloomberg reported that Donald Trump was seeking to organize a meeting with the chairman of the People’s People’s Republic of See Jinping (XI Jinping) to discuss economic issues, including trade duties. When asked whether Trump and Xi Jinping will discuss cryptocurrencies, Eric Trump said that it would be very good, but political leaders have more important topics for conversation.
Trump Jr. said at the conference that most of the time is engaged in family cryptocurrency projects. According to his forecast, in the next few years, the Bitcoin exchange rate can reach $ 1 million. Therefore, investors should not be afraid of bitcoin’s volatility and should hurry up with purchases, and after acquiring the first cryptocurrency – do not get rid of it for profit, it is better to keep longer, the son of Trump advised.
Now bitcoin is trading at $ 110,000, and its market capitalization has $ 2.2 trillion. The daily bitcoin bidding amounted to $ 65.19 billion.
The other day, Eric Trump told why the president’s family decided to engage in cryptocurrency business and launch their own crypto projects: a decentralized World Liberty Financial credit platform, WLFI token and USD1 Stablecoin, as well as Trump and Melania memcoids.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
