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Trump Posts 'Our Country Must be the Leader in the (Crypto) Field' Prior to Speech Before Libertarians
The comments came days after he became the first U.S. major presidential candidate to accept crypto donations.
Updated May 25, 2024, 9:51 p.m. Published May 25, 2024, 8:59 p.m.
Donald J. Trump tightened his recent embrace of crypto today, posting on social media, "I am very positive and open minded to cryptocurrency companies and all things related to this new and burgeoning industry," as both sides in the upcoming presidential election appear to be seeking to win over pro-crypto voters.
"Our country must be the leader in the field, there is no second place," Trump posted on Truth Social prior to his address at the Libertarian National Convention in Washington, D.C., later today.
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Trump then took a shot at his rival: "Crooked Joe Biden, on the other hand, the worst president in the history of our country, wants it to die a slow and painful death."
The sentiment toward crypto has noticeably warmed in Washington since Trump has deliberately sought to woo pro-crypto voters. First, the former president made pro-crypto comments earlier this month at a Mar-a-Lago dinner. Then this past Tuesday, Trump's presidential campaign began accepting crypto donations, making good on the presumptive Republican nominee's pledge to become the first major party candidate to embrace bitcoin, ether and other digital currencies.
Following Trump's pro-crypto rhetoric and actions, the Biden administration's opposition to crypto as well as the attitude of the traditionally crypto-adverse Securities and Exchange Commission appear to have softened. Last Wednesday, the White House issued a statement expressing its opposition to the House of Representatives passing a crypto market structure bill, but Biden didn't threaten a veto. The House proceeded to approve the measure, which now heads to the Senate. Then on Thursday, the ether exchange traded funds (ETF) took a major step toward becoming available in the U.S. after the Securities and Exchange Commission approved key regulatory filings. Such an approval was seen as extremely unlikely just a month ago.
Read more: The Biden Administration Is Easing Up on Crypto (a Vibes Analysis)
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Save the Children Introduces Bitcoin Fund to Streamline Crisis Response
New fund enables Save the Children to hold bitcoin, pilot digital wallets, and speed up emergency aid delivery.
What to know:
- Save the Children has launched a Bitcoin Fund to hold cryptocurrency donations for up to four years, allowing donors more control over conversion timing.
- The fund aims to enhance the speed and efficiency of aid delivery by utilizing blockchain technology and piloting new forms of direct assistance.
- This initiative reflects a growing interest in decentralized finance to reduce costs and increase transparency in humanitarian aid.
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