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Trump Raises $4M in Crypto for Re-Election Campaign

1. Massive Crypto Donations:

Donald Trump has garnered over $4 million in cryptocurrency for his re-election bid.

2. Prominent Supporters:

Cameron and Tyler Winklevoss (Gemini co-founders) donated 15.47 BTC each, worth about $1 million.

Kraken CEO Jesse Powell contributed nearly $1 million in Ethereum.

Ripple CLO Stuart Alderoty gave $300,000 in XRP.

Former Messari CEO Ryan Selkis donated $50,000 in USDC.

3. Regulatory and Political Stance:

Donors are dissatisfied with current U.S. crypto regulations and support Trump’s stance on crypto.

Powell specifically criticized Senator Elizabeth Warren and SEC Chairman Gary Gensler.

4. Campaign Financials:

The "Trump 47" joint fundraising committee raised approximately $120 million from April to June 2024.

Donations included BTC, ETH, XRP, USDC, and meme coins.

5. Upcoming Engagement:

Trump is set to speak at the Bitcoin Conference, highlighting his connection with the crypto community.

Focus:

Trump's campaign has received substantial cryptocurrency donations from key industry figures, reflecting strong support for his potential pro-crypto policies amidst ongoing regulatory scrutiny.

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