Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Eric Trump Urges Crypto Investment Following Large Ethereum Purchase

Eric Trump Urges Crypto Investment Following Large Ethereum Purchase

Coinlive2025/08/18 14:55
By:Coinlive
Key Takeaways:
  • Eric Trump’s comment on crypto purchase impacts market sentiment.
  • Influence noted amid $18.6 million Ethereum, WBTC acquisition.
  • Potential shifts in social sentiment, no market upheaval yet.
Eric Trump Urges Crypto Investment Following Large Ethereum Purchase

Eric Trump, son of former President Donald Trump, urged followers to “buy the dips” on X, following a WLFI wallet’s $18.6 million Ethereum and Wrapped Bitcoin purchase.

His comment highlights potential short-term excitement but lacks evidence of major market impact, as no institutional or regulatory responses have been noted.

Eric Trump recently advised, “Buy the dips,” following news of a significant $18.6 million acquisition in Ethereum and Wrapped Bitcoin. His comment emerged as a WLFI-related wallet executed the notable transaction.

Eric, son of former President Donald Trump, made this remark via his official X platform. His involvement marks a notable intersection between politics and cryptocurrency speculation .

The immediate impact of Trump’s comment is primarily on crypto enthusiasts, stirring discussions across social platforms. There is no significant change observed in the markets, according to primary sources.

Financially, the exchange of 1,911 ETH and 84.5 WBTC has not sparked notable shifts in liquidity or market structures. Interest might surge if influential figures echo his sentiment.

Investor reactions might stay speculative without regulatory inputs or substantial market shifts. Given Eric Trump’s non-crypto background, expert evaluations remain cautious.

Historically, similar endorsements by public figures like Elon Musk have led to short-term surges in market interest. A pattern of temporary price fluctuation may unfold without additional substantial investments or regulations.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

India’s tax office initiates dialogue with crypto sector to set up tax regime

Share link:In this post: India’s tax authority, the CBDT, has asked crypto platforms for input on the country’s new VDA law. Key issues include the 30% flat tax on crypto gains, the 1% TDS on every transaction, the inability to offset losses, and banks’ reluctance to support crypto-related accounts. India is exploring a comprehensive law and global alignment under the OECD’s crypto-asset reporting framework.

Cryptopolitan2025/08/18 19:40

Digital ruble to add $3 billion to Russia’s economy each year

Share link:In this post: • Digital ruble to bring Russia’s economy $3 billion annually. • Economic effect for Russian firms estimated at $600 million a year. • Analysts warn about losses for the country’s banking system and security risks.

Cryptopolitan2025/08/18 19:40
Digital ruble to add $3 billion to Russia’s economy each year

Google ups its stake in TeraWulf, sending stock surging 12%

Share link:In this post: Google increased its stake in TeraWulf from 8% to 14% with $3.2 billion in total backing. TeraWulf signed two 10-year AI compute deals with Fluidstack for over 360 MW capacity. The Fluidstack contracts are worth $6.7 billion and could rise to $16 billion with extensions.

Cryptopolitan2025/08/18 19:40
Google ups its stake in TeraWulf, sending stock surging 12%

Roger Ver’s multi-million presidential pardon deal falls apart before reaching Trump

Share link:In this post: Roger Ver was targeted in a failed $30 million scheme to secure a Trump pardon using fake political connections. Matt Argall and Brock Pierce pitched the deal, demanding $10 million upfront and $20 million after success. The White House denied knowing about the plan, and no payments were made, according to Ver’s lawyer.

Cryptopolitan2025/08/18 19:40
Roger Ver’s multi-million presidential pardon deal falls apart before reaching Trump