The MME coin "Hakimi" surged 23.35% within an hour, possibly influenced by purchases by the BSC Foundation.

PANews reported on January 11th, citing the Global Times, that Trump met with oil industry executives in the East Room of the White House to discuss future US control

The Federal Reserve (Fed) announced its first interest rate cut of the year, leading to an immediate reaction in the cryptocurrency market. Bitcoin (BTC) experienced a notable decline, dropping below the $115,000 threshold shortly after the announcement.  Expert Predicts Crypto Rally Fed Chair Jerome Powell addressed the current economic landscape, noting that while inflation has […]

The post Eric Trump Says Banks Tried to Shut Him Out – Turns to Bitcoin Instead appeared on BitcoinEthereumNews.com. Bitcoin 18 September 2025 | 10:05 Eric Trump, co-founder of American Bitcoin and son of U.S. President Donald Trump, has revealed that he holds a significant personal stake in the crypto company and has no intention of selling. Trump said his ownership amounts to roughly 7.5% of shares and emphasized that both he and the board are committed to keeping their holdings locked in for the long term. According to Trump, the move reflects not only loyalty to the firm but also resistance to pressure from traditional financial institutions. He claimed that major U.S. banks have repeatedly tried to restrict his access to financial services, including efforts by Capital One, JPMorgan, and Bank of America. “They tried to shut us out of the system,” he said, describing the experience as the turning point that convinced him of crypto’s advantages. Trump argued that blockchain-based systems allow transactions to be handled “faster, cheaper, and more transparently” than legacy banking. He framed his support for American Bitcoin as both a business decision and a statement against what he called an ongoing “de-banking” campaign targeting the Trump Organization and its affiliates. By underscoring his commitment, Trump signaled that he views cryptocurrency not just as a financial instrument but as a defense against the limitations of traditional finance. His comments also echo a broader narrative that digital assets are becoming an alternative for those who feel sidelined by conventional institutions. The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience…