{"id":31075,"date":"2026-04-18T05:23:33","date_gmt":"2026-04-18T05:23:33","guid":{"rendered":"https:\/\/www.europesays.com\/people\/31075\/"},"modified":"2026-04-18T05:23:33","modified_gmt":"2026-04-18T05:23:33","slug":"popular-entrepreneur-buys-1m-xrp-eric-trump-responds","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/31075\/","title":{"rendered":"Popular entrepreneur buys $1M XRP, Eric Trump responds"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">Businessman and social media personality Dave Portnoy is a fan of crypto and he just can&#8217;t have enough of it.<\/p>\n<p class=\"yf-1fy9kyt\">The founder of the sports and pop culture company Barstool Sports, he frequently discusses his crypto trades, whether successful or not, with his social media followers.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/finance.yahoo.com\/news\/popular-crypto-company-shuts-down-003000560.html\" data-ylk=\"slk:Related: Popular crypto company shuts down as Bitcoin crashes;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Related&quot;}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">Related: Popular crypto company shuts down as Bitcoin crashes<\/a><\/p>\n<p class=\"yf-1fy9kyt\">In 2021,\u00a0Portnoy <a href=\"https:\/\/x.com\/stoolpresidente\/status\/1370851997973422088\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:admitted;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;admitted&quot;}\" class=\"link \">admitted<\/a> to panic selling Bitcoin (BTC) and Ethereum (ETH) when the market crashed.<\/p>\n<p class=\"yf-1fy9kyt\">In July this year, he <a href=\"https:\/\/finance.yahoo.com\/news\/dave-portnoy-sold-xrp-too-180600202.html\" data-ylk=\"slk:again admitted;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;again admitted&quot;}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">again admitted<\/a> to losing millions by\u00a0exiting XRP two weeks before the cryptocurrency surged by 60%.<\/p>\n<p class=\"yf-1fy9kyt\">Now that the crypto market is crashing, he is again testing his luck.<\/p>\n<p class=\"yf-1fy9kyt\">Within the last 24 hours, more than 154,000 crypto traders have been liquidated and over $440 million has been <a href=\"https:\/\/www.coinglass.com\/LiquidationData\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:wiped out;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;wiped out&quot;}\" class=\"link \">wiped out<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\">The total crypto market cap slipped 4.5% in a day to $3.04 trillion at the time of writing.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.thestreet.com\/crypto\/bitcoin\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Bitcoin;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Bitcoin&quot;}\" class=\"link \">Bitcoin<\/a> (BTC) has slipped 4.5% to $89,470.98, <a href=\"https:\/\/www.thestreet.com\/crypto\/ethereum\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Ethereum;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Ethereum&quot;}\" class=\"link \">Ethereum<\/a> (ETH) 7.5% to $2,916.40, and <a href=\"https:\/\/www.thestreet.com\/crypto\/xrp\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:XRP;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;XRP&quot;}\" class=\"link \">XRP<\/a> 7.5% to $2.05.<\/p>\n<p class=\"yf-1fy9kyt\">The dip has offered a lot of traders an opportunity to enter the market and\u00a0Portnoy just couldn&#8217;t resist. He recently\u00a0<a href=\"https:\/\/x.com\/stoolpresidente\/status\/1990793340514971648\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:shared;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;shared&quot;}\" class=\"link \">shared<\/a> with his followers on X that he bought cryptocurrency worth $2 million within an hour on Nov. 17.<\/p>\n<p class=\"yf-1fy9kyt\">XRP: $1 million<\/p>\n<p class=\"yf-1fy9kyt\">BTC: $750,000<\/p>\n<p class=\"yf-1fy9kyt\">ETH: $400,000<\/p>\n<p class=\"yf-1kwbn3\">&#8220;Blood in the streets, Dave&#8217;s like a Piranha. Dave&#8217;s like a Great White. He&#8217;s just shark on fins.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">The move earned praise from Eric Trump, President Donald Trump&#8217;s son and\u00a0co-founder of the Bitcoin mining firm\u00a0American Bitcoin (Nasdaq: AMBTC). He\u00a0<a href=\"https:\/\/x.com\/EricTrump\/status\/1990987710656319832\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:called it;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;called it&quot;}\" class=\"link \">called it<\/a> a\u00a0&#8220;smart trade.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">Eric remains unfazed by the crypto market rout and said\u00a0volatility is a &#8220;friend\u201d and an opportunity to buy.<\/p>\n<p class=\"yf-1fy9kyt\">This story was originally reported by <a href=\"https:\/\/www.thestreet.com\/crypto\/trading\/popular-entreprenur-buys-1m-xrp-eric-trump-responds\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:TheStreet;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;TheStreet&quot;}\" class=\"link \">TheStreet<\/a> on Nov 19, 2025, where it first appeared in the <a href=\"https:\/\/www.thestreet.com\/trading\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Trading News &amp; Analysis;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Trading News &amp;amp&quot;}\" class=\"link \">Trading News &amp; Analysis<\/a> section. Add TheStreet as a <a href=\"https:\/\/google.com\/preferences\/source?q=thestreet.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Preferred Source by clicking here.;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Preferred Source by clicking here.&quot;}\" class=\"link \">Preferred Source by clicking here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Businessman and social media personality Dave Portnoy is a fan of crypto and he just can&#8217;t have enough&hellip;\n","protected":false},"author":2,"featured_media":31076,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[21117,21116,81,21118,74],"class_list":{"0":"post-31075","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eric-trump","8":"tag-barstool-sports","9":"tag-dave-portnoy","10":"tag-eric-trump","11":"tag-social-media-followers","12":"tag-trump"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116424042404750407","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/31075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=31075"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/31075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/31076"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=31075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=31075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=31075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}