$1 Million Bitcoin From Winklevoss Twins
The post $1 Million Bitcoin From Winklevoss Twins appeared on BitcoinEthereumNews.com.
In a bold political move, the Winklevoss twins, renowned for their early investment in Bitcoin and co-founding the cryptocurrency exchange Gemini, have each contributed $1 million in Bitcoin to the reelection campaign of former President Donald Trump, Reuters reported. This hefty endorsement highlights a significant intersection between the worlds of cryptocurrency and politics, raising eyebrows and stirring debates on both fronts. Crypto Kings Endorse Trump Cameron and Tyler Winklevoss are no strangers to making headlines. This time, they’ve done it by diving into the political arena, backing a candidate who once called Bitcoin a scam but has since rebranded himself as the ‘Crypto President.’ Each twin sent 15.47 BTC, translating to about $1 million, to bolster Trump’s campaign efforts. I also just donated $1 million in bitcoin (15.47 BTC) to @realDonaldTrump and will be voting for him in November. Here’s the TL;DR — President Trump is: Pro-BitcoinPro-CryptoPro-Business And he will put an end to the Biden Administration’s war on crypto. Onward! https://t.co/r6iDP7BdbE — Cameron Winklevoss (@cameron) June 20, 2024 Tyler Winklevoss didn’t mince words, praising Trump as “pro-Bitcoin” and “pro-crypto,” while accusing President Joe Biden of waging a regulatory war against the crypto industry. He pointed to a series of enforcement actions by the US Securities and Exchange Commission (SEC) during Biden’s administration, dubbing it “Operation Choke Point 2.0.” “The Biden Administration has tried to tear all of this down. I’m not going to stand by idly and let them. I’m going to continue fighting for what I know to be so right,” The Guardian quoted him as saying. BTCUSD trading at $63,929 on the daily chart: TradingView.com Trump’s Crypto Conversion Trump’s stance on cryptocurrency has seen a dramatic evolution. In 2021, he infamously labeled Bitcoin a scam, yet now he is courting the crypto community with open arms. This…
Filed under: News - @ June 22, 2024 5:08 am