Trump family brings new reality to crypto markets

By Mike Switzer

Published December 9, 2025 at 6:30 AM EST

Brooks Taylor, a chartered financial analyst and crypto industry expert with Trident Digital in Greenville, S.C. — Brooks Taylor, a chartered financial analyst with Trident Digital in Greenville, S.C.

You may have heard news stories this year about the Trump family making major investments in the cryptocurrency markets, the latest being a $314 million deal with a new bitcoin mining company. What are the effects on this industry when the president of the United States and his family become so involved? Brooks Taylor is a chartered financial analyst and crypto industry expert with Trident Digital in Greenville.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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