Eric Trump, the second-eldest son of US President Donald Trump, highlighted the worldwide competition for Bitcoin accumulation. During a crypto conference in Toronto, Trump mentioned the growing interest in hoarding Bitcoin among families and government funds. He emphasized the intense race for Bitcoin accumulation and mining, with notable figures like Michael Saylor leading the way. Trump, who is involved in the crypto space through American Bitcoin, a Hut8 subsidiary, discussed the merger with Gryphon Digital Mining for a Nasdaq listing. However, critics have raised concerns about potential conflicts of interest and corruption in Trump's family crypto ventures. Senate Democrats have even withdrawn support for a stablecoin bill due to scrutiny of the president's crypto activities. Despite the controversies, the crypto market continues to evolve, offering financial opportunities for investors. Read more AI-generated news on: https://app.chaingpt.org/news

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