15 Jan 2025

Time Magazine Names Donald Trump Person of the Year

Donald Trump is Time’s Person of the Year for 2024, marking the second time he has received the title, the first being in 2016 after his U.S. presidential election victory.

On this page

Donald Trump is Time's Person of the Year for 2024, marking the second time he has received the title, the first being in 2016 after his U.S. presidential election victory.

Every year, since 1927, Time editors have shared their choice for Person of the Year.

Their list, over the years, has included people from different industries. Among them were Meta CEO Mark Zuckerberg, Ukrainian President Volodymyr Zelensky, Princess Kate Middleton, and others.

Time mentions that they name a person, group, or concept that had the biggest impact – for good or ill – on the world over the previous 12 months. In 2023, the magazine's choice was pop singer Taylor Swift, whose Eras tour saw record ticket demand.

Writing about President-elect Donald Trump, Time states:

On the cusp of his second presidency, all of us — from his most fanatical supporters to his most fervent critics — are living in the Age of Trump. He dispatched his Republican rivals in near record time.

Donald Trump’s victory has had a great impact on the crypto market. The pro-crypto politician said he would support the industry’s growth and stop enforcement actions.

Following Trump’s victory in November, Bitcoin saw a significant price increase, surpassing $100,000 for the first time in early December.

Trump congratulated Bitcoiners on the new all-time high on his platform, Truth Social, adding: “Together, we will Make America Great Again!”

Donald Trump congratulated Bitcoin holders on the asset’s new all-time high. Source: truthsocial.com

Donald Trump congratulated Bitcoin holders on the asset’s new all-time high. Source: truthsocial.com

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

Articles by this author

Latest News

MORE
The Future of Crypto in 2025: Fidelity’s Predictions

The Future of Crypto in 2025: Fidelity’s Predictions

What’s next for the biggest cryptocurrencies in 2025? Fidelity Digital Assets analyst Chris Kuiper shares insights on how Bitcoin will navigate volatility, Ethereum will address scaling challenges, and stablecoins will adapt to evolving regulations.

13 Jan 2025
The Crypto Rollercoaster of 2024 — Wins and Woes

The Crypto Rollercoaster of 2024 — Wins and Woes

The crypto sector evolved at breakneck speed in 2024. With major wins and notable setbacks, it’s time to reflect on the year’s key developments and their implications for the future.

31 Dec 2024
OpenSea Token: Release Date and How to Qualify for the Airdrop

OpenSea Token: Release Date and How to Qualify for the Airdrop

The NFT marketplace OpenSea, a pioneer in the space for the past seven years, is expected to launch its native token in 2025. A significant portion of the tokens will likely be distributed through a retroactive airdrop—a common way to reward the community for their past activity and support.

30 Dec 2024
5 Most Exciting Token Launches to Watch in 2025

5 Most Exciting Token Launches to Watch in 2025

In 2024, we saw a number of hot airdrops and token launches, from AI-powered projects to the rise of memecoins. Now, as we head into 2025, the crypto space is set to expand even further with an increasing number of cryptocurrencies.

27 Dec 2024

Latest News Alt

MORE
OKX Exchange: Avoid Common Mistakes When Trading Cryptocurrency

OKX Exchange: Avoid Common Mistakes When Trading Cryptocurrency

Practical Guide to Using the OKX Exchange OKX, formerly OKEx, started as a platform for cryptocurrency swaps. As it gained popularity, it expanded its services to become a full-scale exchange, supporting the buying and selling of a wide range of crypto assets. In January 2022, the platform rebranded, simplifying its name by removing the “Ex” […]

11 Jan 2025
Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

An overview of BTC, ETH, XAUT, and S&P500 charts, along with the current cryptocurrency market dynamics.

06 Jan 2025
Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

An overview of BTC, ETH, XAUT, and S&P500 charts, and the current cryptocurrency market dynamics.

30 Dec 2024

Might Be Interesting

MORE
Mining Farms Uncovered — How Crypto Is Mined at Scale

Mining Farms Uncovered — How Crypto Is Mined at Scale

As a cornerstone of the crypto industry, mining farms drive blockchain networks. But how do they work? Uncover the mechanics behind these cutting-edge hubs and their role in the crypto landscape.

07 Jan 2025
William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, co-founder of WAX and Tether, firmly believes that stablecoins are more than a tool for traders—they’re the key to transforming the global economy. Already central to crypto trading and cross-border payments, their future potential is even more exciting.

04 Jan 2025
Why Blockchain Is Different from Traditional Databases

Why Blockchain Is Different from Traditional Databases

In the world of business and finance, information is everything. Traditional databases have been reliable tools for decades, but blockchain presents a groundbreaking alternative. What sets it apart, and could it lead to a paradigm shift?

03 Jan 2025
How Does Multisig Works and Protect Your Assets?

How Does Multisig Works and Protect Your Assets?

As threats to digital assets evolve, multisig technology provides a highly effective security layer. By requiring multiple signatures for transactions, it significantly reduces risks such as hacking and access loss.

02 Jan 2025
Crypto Price Gaps: Why Platforms Show Different Prices

Crypto Price Gaps: Why Platforms Show Different Prices

The crypto market has nuances you may not have noticed at first glance. For example, when you want to check the Bitcoin price, you probably Google it without thinking to compare the results. But when you monitor the market regularly and engage in trading, you notice the prices aren’t the same on all platforms.

24 Dec 2024
The Czech Republic and Its Crypto-Friendly Policies

The Czech Republic and Its Crypto-Friendly Policies

The Czech Republic is emerging as a crypto-friendly nation, recognizing cryptocurrencies as legitimate payment methods and encouraging their use in business. But its regulatory framework is still taking shape. Here’s how crypto is managed today.

23 Dec 2024

Opinions

Why Bitcoin’s Growth Is Slowing: Insights from the Bitcoin Opportunity Fund

Why Bitcoin’s Growth Is Slowing: Insights from the Bitcoin Opportunity Fund

Bitcoin’s strong rally in late 2024, spurred by optimism following the U.S. presidential election results, has begun to lose steam. The market initially surged on expectations tied to Trump’s potential second term and hopes of a strategic Bitcoin reserve. However, recent economic data, including a surprisingly strong jobs report, is causing some investors to reassess their positions.

15 Jan 2025
5 U.S. States Considering BTC Reserves

5 U.S. States Considering BTC Reserves

The race to establish Bitcoin reserves is gaining momentum in the U.S. While some states are still debating the potential of strategic crypto investments, others are taking concrete steps toward integrating Bitcoin into their state treasuries.

15 Jan 2025
MORE

Interviews

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Volodymyr Nosov, CEO of Europe’s largest crypto exchange WhiteBIT, sat down with Dmytro Gordon, one of Ukraine’s most prominent journalists. The interview touched on Bitcoin, crypto, WhiteBIT, cars, keys to success, and business vision.

18 Dec 2024
WhiteBIT CEO: Standing Strong Against Russian Aggression

WhiteBIT CEO: Standing Strong Against Russian Aggression

In an interview with BTC-ECHO, Volodymyr Nosov, the founder and CEO of WhiteBIT, discussed the impact of Russian aggression on the crypto exchange’s business, how WhiteBIT stays a top competitor in the industry, and when he believes our financial system will be completely transformed.

04 Oct 2024
MORE