In an exclusive interview with the New York Post, Eric Trump, executive vice president of the Trump Organization, highlighted the potential of cryptocurrency, describing it as "digital real estate" that offers fair and immediate access to financial services.
Eric Trump, who has been instrumental in expanding the Trump Organization’s portfolio of real estate and golf courses, views cryptocurrency and decentralized finance (DeFi) as tools that could revolutionize the U.S. economy.
He highlighted the issue of financial expropriation, stating that “over half of this country is currently unbanked,” and suggested that cryptocurrencies could provide solutions for those left out of traditional banking systems.
Trump also criticized the current financial system as manipulative and discriminatory, alluding to his personal experience with “financial discrimination” as a motivation for this new venture.
Though details remain scarce, Eric Trump has promised to reveal more once everything is finalized, fueling speculation about the Trump Organization’s potential impact on the crypto market. This comes after a cryptic social media post in which Trump hinted at his growing interest in the technology.
UBS analyst Brian Meredith has revised his outlook on Berkshire Hathaway’s Class B shares, trimming the price target from $606 to $591, while maintaining a “buy” rating.
In a move not seen in decades, the U.S. Treasury Department has initiated a historic $10 billion bond buyback—its largest ever—targeting securities set to mature between mid-2025 and mid-2027.
In a bold move to reshape the future of ApeCoin, Yuga Labs has introduced a proposal that would dissolve the existing ApeCoin DAO and replace it with a streamlined management body called ApeCo.
Circle’s arrival on the New York Stock Exchange sent shockwaves through the market, and Cathie Wood’s ARK Invest wasted no time jumping in.