Close Menu
Cryprovideos
    What's Hot

    Can Aptos blockchain appeal to builders away from Ethereum?

    October 2, 2025

    Why did the crypto market pump in the present day? All the pieces that helped the leg-up

    October 2, 2025

    Memecoins: A Cultural and Monetary Phenomenon in Cryptocurrency

    October 1, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Crypto to Outpace Banking, $FLOCK Token Surges previous $5.5M
    Crypto to Outpace Banking, $FLOCK Token Surges previous .5M
    Crypto News

    Crypto to Outpace Banking, $FLOCK Token Surges previous $5.5M

    By Crypto EditorDecember 11, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Eric Trump (second son of President Donald Trump) predicts that crypto and blockchain will quickly surpass conventional banking techniques.

    On the current Bitcoin Convention in Abu Dhabi, Trump remarked that the present banking system is kind of ‘antiquated.’ If you’d like a mortgage in your dream home, it’ll take not less than 90 days. However by then, your dream home is perhaps bought. Nevertheless, blockchain can clear up this problem with its sooner, extra environment friendly course of.

    He additionally added that blockchain can do all the things {that a} conventional banking system can, solely sooner, higher, and at a less expensive worth.

    Trump’s Stance On Cryptocurrency

    It seems like Eric Trump shares his father’s imaginative and prescient. From the start of his re-election marketing campaign, Donald Trump has been fairly vocal about his assist for crypto. He accepted donations for his marketing campaign in crypto, appeared at a number of business occasions, pledged to advertise the crypto business with truthful rules, and promised to make the USA ‘the crypto capital of the planet.’

    That’s as a result of he believes that crypto is the way forward for the world. Slowly however certainly, each nation will embrace this new foreign money, so it’s higher that the USA leads the revolution.

    ‘If crypto goes to outline the longer term, I need it to be mined, minted, and made within the USA,’ he had mentioned.

    The Affect of Trump’s Crypto-friendly Method on the General Market

    Crypto buyers might need seen that over the previous couple of weeks, the market has been on the rise. Many well-liked currencies, similar to Bitcoin and Dogecoin, and some new entries on presale, like Flockerz, have been gaining floor at rocket velocity.

    Bitcoin not too long ago crossed the $100K valuation mark. The spike began on November 6 when it appeared Trump would win the election. In a single day, Bitcoin’s worth jumped up by $6K. Per week later, its complete worth hit $90K; on December 5, Bitcoin crossed $100K.

    The identical occurred with Dogecoin. After Trump’s victory, its per-token worth greater than doubled, going from $0.16 per token to virtually $0.38. Right now (December 11), it’s listed at simply over $0.39. It’s having among the best years since 2021.

    Flockerz, which is at present in presale, has managed to boost $4M to this point. In response to consultants, when the token lastly launches, the massive buyers would possibly grow to be millionaires in a single day as they count on it to provide a 4000x return.

    Chasing the (New) American Dream

    Analysts consider Trump’s victory within the presidential election is among the causes for this sudden development. Trump has promised to cut back restrictions on crypto buying and selling, decrease taxes, create favorable insurance policies, and even appoint a crypto-friendly chairperson to the SEC.

    This has given new buyers the much-needed confidence to lastly dip their toes out there. Seasoned buyers are additionally trying to improve their investments. Nevertheless, keep in mind that this isn’t monetary or funding recommendation and it’s crucial you do your individual analysis earlier than investing.

    So if the market does proceed to develop at this tempo, Trump’s prediction will come true – crypto will grow to be the longer term and overtake conventional baking techniques.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Why did the crypto market pump in the present day? All the pieces that helped the leg-up

    October 2, 2025

    US Treasury Softens Crypto Tax Guidelines, Easing Strain On Bitcoin Taxes

    October 1, 2025

    Why Web3 Usernames Are the Subsequent Huge Factor in Crypto

    October 1, 2025

    Coinbase Surpasses $1 Billion in Bitcoin-Backed Loans through Morpho Platform

    October 1, 2025
    Latest Posts

    US Treasury Softens Crypto Tax Guidelines, Easing Strain On Bitcoin Taxes

    October 1, 2025

    Bitcoin Miners' Market Cap Soared in September to Report Excessive – Decrypt

    October 1, 2025

    Coinbase Surpasses $1 Billion in Bitcoin-Backed Loans through Morpho Platform

    October 1, 2025

    Cardano ADA May Flip Ethereum With Bitcoin’s Assist: Right here is How – BlockNews

    October 1, 2025

    JPMorgan: US Bitcoin Mining Corporations Hit $56 Billion Market Worth

    October 1, 2025

    Bitcoin rally looms with projections hinting at $200,000 surge

    October 1, 2025

    Bitcoin Simply Logged Its Largest Quarterly Shut Ever — Is $150,000 On The Horizon?

    October 1, 2025

    UK Authorities Needs to Maintain $7 Billion in Stolen Bitcoin It Has Seized – Decrypt

    October 1, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    $500 Mil In Crypto Longs Gone As Bitcoin Crashes Below $80k

    March 11, 2025

    'Nothing Is Cooking': CZ Roasts Crypto Founder Over Misused Selfie

    December 18, 2024

    SEC Strikes to Drop Lawsuit In opposition to Consensys | Dwell Bitcoin Information

    February 28, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.