Former US President Donald Trump is warming up to Bitcoin as it surges to new all-time highs.

Recently, Bitcoin’s presence has been a bit overwhelming. Three current and former presidents/prime ministers have maxed out their Bitcoins one after another.

During Trump's presidency, the approach to cryptocurrency was cautious and regulatory-focused. Key actions included increased scrutiny, concerns over Facebook's Libra, and the introduction of Bitcoin futures. Regulatory bodies like the SEC and IRS issued guidelines, emphasizing the need for oversight and taxation. While there were some shifts in attitude, overall, the administration remained cautious, prioritizing stability and security in the financial system.

Trump acknowledges Bitcoin's popularity but prefers the dollar. Despite past skepticism, he engages in NFT ventures. Speculations arise about his evolving stance on crypto, contrasting with Biden's skepticism.

Trump's crypto portfolio hits $5M, led by Trump tokens. His influence may affect sentiment. ETF surge echoes Soros theory, challenging gold. Market stable, bullish above $50,700 support.

Meme coins linked to Donald Trump soar, driven by Mechanism Capital's strategic positions ahead of the U.S. Presidential elections.

Former President Donald Trump's opposition to CBDCs sparks debate in the US election campaign, as Republican senators propose bills to ban their introduction. The global discussion on CBDCs highlights concerns over privacy and government control, urging informed dialogue and collaboration for a balanced approach to digital finance.

Trump's attitude towards cryptocurrency appears to have softened, possibly influenced by the increasing usage among merchandise buyers. While he has expressed a more tolerant stance towards the digital asset market, critics question his motives, suggesting he may be leveraging the issue for personal gain.

Trump shifts from crypto skepticism to occasional Bitcoin acceptance, still backs USD dominance. Binance's new 'Payment' category underscores rising interest in crypto transactions.

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