Crypto Industry Contributed $18 Million To Trump’s Inauguration, Ripple Among The Top Donors

Q: How long will it take to read this news story?

The story "Crypto Industry Contributed $18 Million To Trump’s Inauguration, Ripple Among The Top Donors" has 433 words across 31 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Crypto Industry Contributed $18 Million To Trump’s Inauguration, Ripple Among The Top Donors" was covered 12 hours ago by Bitcoinist, a news publisher based in Hungary.

Q: How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news. The outlet is headquartered in Hungary and publishes an average of 15 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28148117</li><li>URL: https://chronographically.beamstart.com/news/crypto-industry-contributed-18-million-17453242577</li></ul>

Bitcoinist 12h ago

Crypto Industry Contributed $18 Million To Trump’s Inauguration, Ripple Among The Top Donors - Bitcoinist

Quick Summary:

A recent report by Fortune highlights President Donald Trump’s inauguration week as the most extravagant in history, fueled by an unprecedented $239 million in donations from corporate backers and executives, including key crypto players like Ripple Labs.

Kraken’s co-founder and chairman, Jesse Powell, also contributed $1 million, reflecting the industry’s concerted effort to support a candidate perceived as favorable to their interests.

However, on a monthly basis, XRP is down nearly 13% as Trump’s tariff policy has taken a notable toll on risk assets and broader crypto prices.