CoinDesk Podcast Network Eric Trump Says U.S. and Beijing Are ‘Leading the Way’ in Crypto | COINDESK DAILY
Aug 29, 2025
In this lively discussion, Eric Trump highlights China's remarkable impact on Bitcoin and cryptocurrencies. He asserts that the U.S. and China are at the forefront of the digital finance revolution. The conversation also dives into Chainlink's innovative partnership with the U.S. Department of Commerce to enhance blockchain integration with economic data. Listeners can expect insights into the evolving crypto landscape and the pivotal U.S.-China dynamic.
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Inflation Moves Ripple Through Crypto
- Core PCE inflation rose 2.9% year-over-year, matching estimates and nudging markets.
- Bitcoin fell below $110,000 and implied volatility jumped above a key moving average.
U.S.–China Lead Crypto Narrative
- Eric Trump argued the U.S. and China are central to crypto's future and influence market direction.
- He framed the bilateral dynamic as pivotal for digital finance leadership worldwide.
Chainlink Partners With Commerce Dept.
- Chainlink announced a first-of-effort partnership to bridge public economic data with blockchain apps.
- Pith Network was also selected and its token nearly doubled after the announcement.