Between December 19 and 20, the crypto market plunged once again. Bitcoin fell below the $93,000 mark, while ETH lost 30% over a few days, declining from $4,100 to nearly $3,100. The last time ETH reached this price was a month ago.
On December 17, the Bitcoin Policy Institute announced the completion of a draft executive order proposing the inclusion of Bitcoin as part of the United States’ strategic reserve assets. The order could take effect immediately upon being signed by President Donald Trump on his first day in office.
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.
Announced on December 4 via Truth Social, Trump’s nomination of Paul Atkins for SEC Chairman triggered an immediate market reaction, propelling BTC up by $3,000 in just hours.
The Trump administration recently interviewed Paul Atkins, an expert in financial regulation and a potential candidate for the SEC chair, according to Bloomberg, citing anonymous government sources.
According to Reuters, Donald Trump’s crypto advisory council will address regulatory frameworks, the creation of a national Bitcoin reserve, and coordination with regulators.
President-elect Donald Trump’s team is actively working on creating a new White House position dedicated to overseeing the cryptocurrency market.
President-elect Donald Trump reveals his commitment to the crypto sector with significant developments, including a meeting with Coinbase CEO Brian Armstrong and potential acquisition of Bakkt.
Xiao Feng, the chairman and CEO of the investment company HashKey Group, believes China may reconsider its approach to crypto now that Donald Trump has won the election.
In Trump Truth, Arthur Hayes, co-founder of BitMEX, analyzes the economic and market implications of Donald Trump regaining the U.S. presidency. Hayes draws fascinating connections between fitness challenges and Trump’s disruptive truth-telling in global politics.
On December 5, 2024, U.S. President-elect Donald Trump announced the appointment of former PayPal COO David Sacks as the White House "White House A.I. & Crypto Czar." This move signals a major shift in U.S. policy on cryptocurrency and artificial intelligence.
Faryar Shirzad, chief policy officer at Coinbase, expressed optimism that the newly elected U.S. government will prioritize cryptocurrency laws immediately after Donald Trump’s inauguration in January 2025.
Trump’s return to the presidency sets the stage for a tidal wave of crypto ETFs as Wall Street eyes the $3.2 trillion market for new investment opportunities.
Trump Media & Technology Group, Donald Trump’s media-focused company, is exploring the creation of its own crypto payment service.
On November 21, current SEC Chairman Gary Gensler—a vocal opponent of the cryptocurrency industry—confirmed he would step down on January 20, 2025, the day of Donald Trump’s inauguration.
President-elect Donald Trump nominated Howard Lutnick, a pro-crypto billionaire and prominent figure on Wall Street, as the Secretary of Commerce.
On November 14, Solidion Technology, a key supplier of battery materials, announced a strategic shift towards Bitcoin by reallocating a portion of its cash reserves to the cryptocurrency. This move comes amid the rise of pro-crypto leadership in the U.S., following Donald Trump’s presidential victory.
President-elect Donald Trump released a statement announcing that Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency (DOGE) to “make changes to the federal bureaucracy”.
