ETHUSDT on TradingView.com<\/a><\/figcaption><\/figure>\nAt the time of writing, ETH was trading at $3,435, up 2.4% for the 24-hour period.<\/span><\/p>\nFeatured image from CFR, chart from TradingView.com<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Recent data from market intelligence firm Arkham Intel reveals that President-elect Donald Trump\u2019s crypto portfolio has seen significant gains, coinciding with a robust uptrend in crypto prices following his election victory on November 5.\u00a0 Despite Bitcoin (BTC) being at the center of Trump’s presidential campaign, one notable asset among his holdings is Ethereum (ETH), of which he owns nearly 496 coins. This altcoin has been the standout performer among his investments, rising 38% over the past thirty days. Trump\u2019s Crypto Holdings Shine\u00a0 Crypto analyst Michael van de Poppe pointed out a bullish divergence on Ethereum’s daily chart, suggesting that the current market dynamics are ripe for further growth.\u00a0 The analyst identified a key driver behind ETH’s recent performance: a significant drop in government bond yields. As these yields decline, van de Poppe suggests that investor interest in riskier assets like Ethereum tends to increase, propelling prices higher. Related Reading: Historic Bitcoin Buy: MicroStrategy Adds 55,500 More BTC To Its Portfolio For $5.4 Billion Van de Poppe elaborated that the ongoing fluctuations in the yield markets could significantly impact Ethereum’s trajectory. With Labor Market Week approaching, he speculated that if economic indicators are weak, the Federal Reserve might implement more rate cuts. Such actions would likely lead to lower yields, further boosting Ethereum’s price. Another analyst, Jesse Olson, echoed this optimistic outlook, noting that Ethereum’s dominance over Bitcoin is showing signs of a bullish divergence. His analysis indicates that positive momentum could soon lead to significant buying opportunities for ETH. As a result of these developments, Trump\u2019s crypto holdings have surged by nearly $1.6 million within the past 24 hours, reflecting the positive market sentiment surrounding Ethereum and other tokens in his portfolio. Major Investment From TRON Founder In a related development, crypto entrepreneur Justin Sun has emerged as a major investor in Trump\u2019s World Liberty Financial, committing $30 million to the decentralized finance (DeFi) project.\u00a0 Sun, the founder of the TRON cryptocurrency, declared his support for Trump\u2019s vision of turning the US into a blockchain hub. He noted, \u201cTRON is committed to making America great again and leading innovation,\u201d highlighting the project\u2019s ambition to democratize financial services by eliminating intermediaries. Related Reading: Ethereum Analyst Predicts $3,700 Once ETH Breaks Through Resistance World Liberty Financial, which was launched shortly after Trump survived a second assassination attempt, aims to raise $300 million at a valuation of $1.5 billion.\u00a0 However, the project has recently revealed that its WLF token offerings are primarily being marketed offshore, with only $30 million set aside for US investors. Once this threshold is met, the US offering will close, despite having a substantial amount of tokens still available for sale. Trump is also reportedly in discussions for the acquisition of the digital asset marketplace Bakkt Holdings Inc. through Trump Media & Technology Group Corp., which he controls. At the time of writing, ETH was trading at $3,435, up 2.4% for the 24-hour period. Featured image from CFR, chart from TradingView.com<\/p>\n","protected":false},"author":589,"featured_media":654898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[6664,14690,1558,8480,8323,1946,7931,8686,78803,16260,93197],"class_list":["post-654897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-crypto-news","tag-cryptocurrency","tag-donald-trump","tag-eth","tag-ethereum","tag-ethereum-news","tag-ethusd","tag-ethusdt","tag-latest-ethereum-news","tag-world-liberty-financial"],"acf":[],"yoast_head":"\n
Inside Trump\u2019s Crypto Holdings: $6.9M Portfolio, With One Altcoin Ready For A Major Rally<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n