Eric Trump Says U.S. and Beijing Are ‘Leading the Way’ in Crypto | COINDESK DAILY

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 29 August 2025

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Host Jennifer Sanasie breaks down the latest news in the crypto industry as Eric Trump praised China's crypto efforts. Eric Trump praised China during a panel at BTC Asia, saying that there is “no question” the country had “made an unbelievable mark on bitcoin and cryptocurrencies.” He emphasized the U.S.–China dynamic as pivotal in the future of digital finance, saying the two countries led the world in cryptocurrency. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.” - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit midnight.network/break-free - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

Transcript

Click on a timestamp to play from that location

0:00.0	Eric Trump praises China's influence on Bitcoin and ChainLink to bring government economic data on chain.
0:06.3	You're watching Coin Desk Daily. I'm your host, Jen Sanassi.
0:15.7	The core PCE price index increased 2.9% from one year ago. The result is in line with estimates,
0:22.1	but is a sign that inflation is edging higher, potentially due to tariffs. Bitcoin dipped
0:27.0	below $110,000 following the news, pulling the broader market, including ether, down with it.
0:32.5	Bitcoin's volatility is also bouncing from recent multi-year lows. The 30-day implied volatility as represented by Volmec's BVIV and Deribits-D-Vol indices
0:42.4	has surged above the 100-day simple moving average for the first time since mid-June.
0:47.8	As the market exits the historically slow month of August, the key question is,
0:52.0	when will Bitcoin break free from its current range?
0:55.4	Eric Trump praised China highlighting its significant influence on Bitcoin and digital finance.
1:01.1	The son of the president said during a panel at BTC Asia that there is no question the country
1:06.8	had made an unbelievable mark on Bitcoin and cryptocurrencies.
1:11.0	He emphasized the U.S.-China dynamic as pivotal in the future of digital finance,
1:15.6	saying the two countries led the world in cryptocurrency.
1:18.7	Trump described the U.S. as advancing rapidly in digital assets under his father's leadership
1:23.4	with strong support from Wall Street and institutional investors.
2:08.9	Thank you. with strong support from Wall Street and institutional investors. And Chainlink announced its partnership with the U.S. Department of Commerce to bring official government economic data on chain, marking a first of its kind effort to bridge public data infrastructure with blockchain applications.
2:16.4	Pith Network was also selected alongside ChainLink, sending its native token Pith, up nearly 100% after the announcement.
2:20.9	Key economic statistics like GDP and the PCE Price index are now available through ChainLink data feeds on 10 blockchain networks.
2:24.0	This initiative allows developers to create new blockchain applications like Defi protocols
2:28.0	that are just based on economic trends.
2:30.8	The partnership comes as ChainLink and other crypto industry players are deepening their
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.