Odaily Planet Daily reports that Eric Trump, son of Donald Trump, posted on social media this morning stating, “Large banks,” which have long monopolized and harmed customer interests, are now charging high fees on low-balance accounts while offering near-zero returns on retail money market accounts. They are doing everything they can to prevent the cryptocurrency industry from offering genuine benefits, privileges, and rewards on their platforms.
Eric Trump said these banks are the biggest hypocrites and are in a panic because they know they are falling behind in the digital finance race. Traditional banking is trying to prevent the crypto industry from providing more valuable services to users.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
TradFi Rise Alert: EURNOK (EUR/NOK) Rises Over 2%
Gate News: According to the latest Gate TradFi data, EURNOK (EUR/NOK) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
GateNews1h ago
Bitcoin Decouples From S&P 500 as Retail Demand Weakens
Bitcoin retail activity has decreased by 10%, the lowest since January 2025, indicating weaker market participation. The advent of ETFs has shifted retail access off-chain, while Bitcoin has diverged from the S&P 500, marking its longest decoupling since 2020 amid a correction phase.
CryptoFrontNews1h ago
TradFi Fall Alert: XBRUSD (Brent Crude UKOIL) Falls Over 12%
Gate News: According to the latest Gate TradFi data, XBRUSD (Brent Crude UKOIL) has dropped by 12% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews2h ago
Ethereum Price Jumps on Iran Optimism as Tom Lee's BitMine Adds to $10 Billion Stash
In brief
BitMine Immersion Technologies (BMNR) acquired 65,341 ETH last week.
The company now holds over 4.66 million ETH tokens, valued above $10.1 billion.
However, BitMine has an unrealized loss near $7 billion due to ETH's slide in recent months.
Leading Ethereum treasury company Bit
Decrypt2h ago
TradFi Fall Alert: XBRUSD (Brent Crude UKOIL) Falls Over 10%
Gate News: According to the latest Gate TradFi data, XBRUSD (Brent Crude UKOIL) has dropped by 10% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews3h ago
