Two of the three Democratic commissioners at the SEC will be leaving before Donald Trump takes office on Jan. 20.
Kaum eine Kryptowährung stand in den vergangenen Jahren derart unter Beschuss vonseiten der amerikanischen Regierungsbehörden wie Ripple. Dessen Coin XRP sei ein Wertpapier und daher von Beginn an genehmigungspflichtig gewesen, argumentierte die amerikanische Wertpapieraufsicht SEC. Gary Gensler gibt auf Deren Chef Gary Gensler galt als Speerspitze im Kampf gegen Kryptowährungen, entsprechend hartnäckig verfolgte er das Strafverfahren, das seine Behörde gegen Ripple angestrengt hatte. Das Unternehmen zog sich daraufhin aus dem US-Markt zurück und kämpfte jahrelang verbissen für seine Chance. Nach einem Gerichtsurteil in den USA kehrte Ripple auf seinen Heimatmarkt zurück, doch die SEC gab nicht auf und bekämpfte XRP weiterhin, wo sie nur konnte. Doch mit dem überraschenden Comeback von Donald Trump an der Spitze der USA hat sich das Blatt scheinbar gewendet. Trump gilt mittlerweile als großer Befürworter von Kryptowährungen und hat damit große Erwartungen in der XRP-Community geweckt. Sein erstes „Opfer“ war ausgerechnet der Chef der SEC höchstpersönlich. Gary Gensler wird mit Amtsantritt von Donald Trump zurücktreten, sein Nachfolger ist bereits bestimmt. Ein Ende der Hexenjagd auf XRP? Paul Atkins gilt als Kryptobefürworter, auf ihm ruhen jetzt alle Hoffnungen, dass er die „Hexenjagd“ gegen Ripple und XRP einstellt. Damit wären die Weichen für neue Kursrekorde gestellt. Schließlich führte schon das Gerichtsurteil von 2023 dazu, dass der Kurs von Ripple in die Höhe schoss. Ähnliche Tendenzen sind jetzt, angesichts der bevorstehenden Amtseinführung von Donald Trump, wieder zu beobachten. Die Investoren glauben an mehr Freiheiten Die Investoren gehen offenbar fix davon aus, dass Trump seine Ankündigungen wahr macht. Laut US-Medien sollen die ersten Schritte dazu bereits an seinem ersten Amtstag erfolgen. Das gibt den Hoffnungen Auftrieb, schließlich ist XRP von Ripple weiterhin von seinem Allzeithoch aus dem Jahr 2018 entfernt. Damals betrug der Kurs 3,84 Dollar, aktuell liegt er bei 2,85 Dollar. Glaubt man den Kurssteigerungen der letzten Tage, dann ist die Community davon überzeugt, dass jetzt alle Schleusen nach oben geöffnet werden. Schließlich gilt Ripple als hervorragendes Produkt, das in der Lage ist, die Finanzwelt zu verbessern. Seine Produkte sind günstig, schnell und sicher. Daneben unterstützt es die Integration verschiedener Währungen und Zahlungssysteme. Sollte der rechtliche Status von Ripple und XRP endgültig außer Frage stehen, kann dies zu massiven Kursanstiegen führen. Werden jetzt alle Schleusen geöffnet? So glauben manche Analysten schon jetzt, dass es beim Kursziel von XRP kaum eine Grenze nach oben gibt. Sie verweisen auf die Vergangenheit, wo sich bereits Ähnliches ereignete. Donald Trump plant einen eigenen Krypto-Rat, der seine Vorschläge in die Tat umsetzen soll. Erst Anweisungen sollen laut US-Medien bereits am ersten Tag seiner Amtszeit erfolgen. Erweisen sich diese Berichte als wahr, dann stehen Kryptowährungen goldene Zeiten bevor. Neue Coins wie Mind of Pepe wittern Morgenluft Diese Aussichten beflügeln den Kryptomarkt. Das gilt auch und vor allem für Meme-Coins, die sich inmitten eines Superzyklus befinden. Die positive Einstellung zum Kryptomarkt, die eine neue Regierung unter Donald Trump offenbar mitbringt, stärkt die Emittenten in ihren Absichten. Sie entwickeln neue Ansätze, die für Käufer attraktiv sind. Dazu zweifellos auch Mind of Pepe ($MIND). Der Meme-Coin erweitert das PEPE-Universum um einen weiteren starken Player. Anders als andere Token setzen die Emittenten hier uneingeschränkt auf die disruptive Kraft von Künstlicher Intelligenz. Sie soll sicherstellen, dass der Markt nicht nur tagesaktuell beobachtet wird, sondern auch entsprechenden Mehrwert generiert. Der KI-Agent von Mind of Pepe ($MIND) identifiziert Trends und sagt auf Basis seiner gesammelten Informationen Kursentwicklungen voraus. Das soll den Anlegern dabei helfen, keine Trends zu verschlafen und rechtzeitig zu investieren. Künstliche Intelligenz unterstützt bei Anlageentscheidungen Die KI verbessert dabei ihre Fähigkeiten selbst und optimiert diese immer weiter. Die Anlageempfehlungen werden automatisiert über geschützte Kanäle und Gruppen geteilt. Was auch immer der KI-Agent tut, bleibt für seine Nutzer transparent und nachvollziehbar. Dieser Filter agiert daher gleichzeitig als Medium, das sich auf die wirklich wertvollen Informationen konzentriert. Der Mind of Pepe Token ist derzeit noch zum günstigsten Preis von 0,0031134 Dollar im Presale zu bekommen, doch angesichts des Ansturms am ersten Tages steht die nächste Preiserhöhung bereits vor der Tür. Käufer sollten sich daher beeilen, um diesen Coin noch möglichst günstig kaufen zu können.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The selloff in stocks and cryptocurrencies could mean Donald Trump's inauguration will less likely be a sell the news event, K33 Research said.
The SEC chair is set to leave office in six days, the same day Donald Trump is scheduled to be inaugurated as president in Washington, DC.
Despite experiencing sharp fluctuations in December, Bitcoin volatility remains fairly tame by historical standards.
The TON Foundation, a blockchain initiative linked to Telegram, is gearing up for significant expansion into the United States, according to a Jan. 14 statement. The strategic shift follows its strong 2024 performance and aligns with a more favorable crypto outlook under President-elect Donald Trump’s incoming administration. This move marks a pivotal moment for TON, […]
The post TON Foundation prepares for US expansion amid pro-crypto Trump administration appeared first on CryptoSlate.
Mancano solo pochi giorni all’insediamento del nuovo presidente degli Stati Uniti, Donald Trump, e l’attesa cresce tra gli investitori. Il suo imminente ingresso alla Casa Bianca, accompagnato da un’amministrazione composta da sostenitori e difensori del settore crypto, sta alimentando forti aspettative. Nonostante la recente correzione del mercato, in seguito alla pubblicazione dei dati economici positivi provenienti dagli Stati Uniti, molti esperti sono convinti che stiamo per entrare in una nuova era. Un’era che potrebbe segnare l’inizio di una delle fasi più promettenti per il settore crypto. Con l’arrivo della nuova amministrazione, diversi asset digitali potrebbero beneficiare di un contesto normativo più favorevole. Solaxy: Il ponte tra Solana ed Ethereum per una DeFi più accessibile Un progetto attualmente in fase di prevendita da tenere d’occhio è Solaxy. Si tratta della prima soluzione di layer 2 costruita sulla blockchain di Solana, pensata per affrontare il sovraccarico del suo network. Solana è una delle blockchain più popolari, ma continua a fare i conti con una sfida crescente: la scalabilità. Nei momenti di picco, infatti, le transazioni rallentano, le fees aumentano e molte operazioni rischiano di non andare a buon fine. Il layer 2 di Solaxy promette di gestire una parte del carico di lavoro su una chain separata, rendendo tutto più economico, veloce e fluido. La piattaforma svilupperà un’architettura appositamente progettata per ridurre al minimo i fallimenti delle transazioni, indirizzando parte del carico della mainnet verso questa piattaforma offchain. Solaxy non solo ottimizza l’efficienza di Solana, ma la prepara anche a un futuro ancora più promettente, aprendo la strada a nuove adozioni e casi d’uso. Nel 2024, Solana è stata la blockchain di riferimento per il lancio di nuove meme coin e l’adozione dell’intelligenza artificiale; quest’anno, i prossimi progetti di punta potrebbero debuttare direttamente sul layer 2 Solaxy. Grazie alla sua natura multi-chain, Solaxy sfrutta al meglio le potenzialità di Solana ed Ethereum, creando un ponte tra le due blockchain. Un approccio che offre agli utenti una maggiore liquidità e un accesso più semplice alle piattaforme DeFi. Inoltre rende Solaxy una scelta ideale per chi opera nel settore crypto. Il progetto sta suscitando un grande interesse e, come già accennato, si trova ancora in fase di prevendita. Finora ha raccolto oltre 10 milioni di dollari. Wall Street Pepe raccoglie oltre 47 milioni di dollari nella prevendita Un altro progetto in prevendita che sta suscitando grande interesse è Wall Street Pepe. In sole sei settimane, la prevendita ha raccolto ben 47,8 milioni di dollari e, se continuerà con questo ritmo, potrebbe superare i 50 milioni di dollari nei prossimi giorni. Il progetto riprende il tema della rana da Pepe Coin, ma non si tratta di una semplice meme coin. Wall Street Pepe sta costruendo una vasta community esclusiva e dinamica per i titolari di WEPE, chiamata $WEPE Army. I membri della community avranno accesso a strategie di trading avanzate e segnali alfa, nonché a strumenti esclusivi per navigare nel mercato crypto. Non solo, gli utenti potranno anche condividere preziosi consigli per superare le manovre delle balene e avere un vantaggio nel mercato. Inoltre, ogni settimana ci saranno gare entusiasmanti, offrendo agli investitori opportunità uniche per testare le proprie abilità. Grazie a strumenti di trading all’avanguardia e a eventi settimanali, i membri avranno l’opportunità di crescere come trader e ottenere un vantaggio competitivo nel mercato crypto. Meme Index (MEMEX) raccoglie 2,5 milioni di dollari L’ultimo progetto in prevendita della lista è Meme Index (MEMEX). Basato sulla blockchain di Ethereum, si propone come una piattaforma unica che offre agli investitori la possibilità di diversificare i propri investimenti nel segmento in rapida crescita delle meme coin. Meme Index si distingue per il suo sistema di indici diversificati, che permette agli utenti di scegliere tra diverse opzioni di rischio, garantendo un’esposizione mirata alle meme coin con la possibilità di adattare il livello di rischio alle proprie preferenze. La piattaforma offre quattro indici distinti, ognuno dei quali raggruppa meme coin con caratteristiche e volatilità differenti: Titan Index, Moonshot Index, Midcap Index e Frenzy Index. Titan Index include anche le meme coin più popolari come Dogecoin, Shiba Inu e Pepe Coin . Un altro aspetto che distingue Meme Index da altre piattaforme è la possibilità per i titolati del token $MEMEX di partecipare attivamente alla governance del progetto. Invece di essere semplici investitori, i suoi titolari hanno il potere di proporre nuove meme coin da inserire negli indici e votare su quali token dovrebbero essere rimossi, oltre che contribuire al miglioramento della piattaforma. Inoltre, Meme Index offre opportunità di staking per i titolati del token nativo. Durante la fase di prevendita e successivamente, gli utenti possono mettere in staking i propri token $MEMEX per ottenere un ritorno percentuale annuo (APY).
Telegram-linked blockchain project, TON, is set to focus on growth in the US market under the incoming administration of US President-elect Donald Trump.
Donald Trump could issue executive orders addressing crypto de-banking and a bank accounting policy when he re-takes the presidency on Jan. 20.
FDIC Vice Chairman Travis Hill is set to become acting chairman at the start of the next administration, and he's critical of the FDIC's digital assets stance.
The Wall Street adage of “buy the rumor, sell the news” didn’t apply to the launch of US spot Bitcoin ETFs last year, and it won’t apply to President Trump’s inauguration next week.
The incoming US president will have the authority to enact many policies favorable to crypto users after taking office next week.
Trump's Treasury nominee Scott Bessent plans to liquidate a string of investments, including BTC ETF, to avoid a potential conflict of interest.
Donald Trump’s inauguration is just a week away, but key crypto legislation may take a bit longer to come into effect, cautioned NYDIG.
Met nog 9 dagen te gaan voor de inauguratie van Donald Trump, is het mogelijk dat de hype rondom crypto groeit naarmate de dag dichterbij komt. Dit zou voorlopig een einde maken aan het voorzichtige sentiment van investeerders. In dit geval zijn er bepaalde altcoins die hard kunnen stijgen, maar vandaag wellicht nog ondergewaardeerd zijn. […]
Solana (SOL) has seen a 12% retrace from the Monday high, falling to a crucial zone in the last 24 hours. Some analysts remain bullish ahead of Trump’s inauguration, while others have warned that the cryptocurrency’s bullish momentum could be in danger if the current levels are lost. Related Reading: Ethereum: Analyst Says $7,000 Target ‘Is Looming’ As Price Retests Crucial Level Solana Holds Key Support Zone Amid the market retrace, Solana has also lost its New Year highs, falling to its lowest price since the late December retrace. On Monday, SOL registered a 17.3% increase from its yearly opening after retesting the $220 mark. However, its bullish momentum was halted after Bitcoin’s price dropped nearly 8% in 24 hours. After hovering between the $190-$199 prince zone, Solana fell below the zone’s lower range, dropping to its current low of $182 on Thursday. In the last 24 hours, the cryptocurrency bounced above the $190 range before dipping to the $185 support zone again. A crypto investor pointed out that, despite the latest drop, Solana still holds the price target of $325, as it didn’t fall to the previous low of $175. The investor suggested that “as the downtrend is sharp, the uptrend is likely to be sharp as well,” adding that a “V-shaped rebound is likely to occur. The target price may be reached faster than the time shown in that pattern.” Trader Crypto General noted that SOL has tested the previous breakout level during the “much-needed correction.” Ahead of the post-election pump, the $180-$185 zone served as a key resistance level, which was later broken when Solana climbed above $200. Moreover, this level was retested as support during the late December retraces, serving as a bounce zone for the cryptocurrency. Crypto General suggested that the following days will be “very bullish for the market,” citing Trump’s upcoming inauguration as a potential catalyst. With Trump taking the oath, markets are expected to start a parabolic season, taking sol also along with them. My target is around $285. Analyst Warns Of These Levels For SOL Crypto analyst Ali Martinez warned investors about SOL’s current levels, stating that the cryptocurrency “must not break below $180.” A potential drop below this support zone could send Solana into a 20% to 30% decline. Martinez stated that the $150 to $130 range, not seen since September and October, would become “a likely target.” Similarly, analyst Jelle recently stated it would be “Worth keeping an eye on SOL/BTC for the coming weeks.” According to the post, SOL’s trading pair against Bitcoin has been at a key zone, suggesting that Solana should reclaim the 0.0022 level soon to continue its bullish momentum, as it currently sits at 0.0020. Related Reading: Bitcoin Eyes Potential Rebound To $98,600, But Analyst Suggests Caution Meanwhile, another market watcher noted that SOL’s performance during Q1 could be dampened due to “over-saturated positioning, a cooling off of pump fun metas, and the looming FTX SOL unlocks that was sold some time ago and have started unlocking, with the biggest unlock coming in March.” However, he considers that “from Q2 onwards,” Solana will be a “major winner” due to the possible launch of Solana-based exchange-traded funds (ETFs) and the “potential for new Pump.fun metas” reigniting its bull case. Based on this, the analyst predicts that SOL could hit $400-$500 this year. As of this writing, Solana is trading at $191, a 3.3% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Canadian spot Bitcoin ETF investors have been flocking to more liquid US alternatives, triggering the largest crypto ETF outflows in Canada’s history.
Bitcoin has fallen to a low of $92,508 on January 8 after previously hitting $102,357 on Monday, marking almost a 10% retreat in a matter of days. The immediate catalyst appears to be the January 7 spike in US Treasury yields, with the 10-year rate hitting 4.67% following an unexpectedly strong ISM Prices Paid Index and higher-than-anticipated JOLTS job openings. Why The Trump Inauguration Is Bullish For Bitcoin While these data points renewed worries that inflation could persist, many seasoned observers insist the upcoming Trump inauguration is a reason to stay bullish on Bitcoin and crypto. The analysts from LondonCryptoClub (@LDNCryptoClub)argue that “everyone is overestimating both the likelihood of tariffs or at least the size,” highlighting that when Trump was previously in office, there was “no substantial inflationary impact” despite high-profile tariff announcements. Related Reading: Anticipating A ‘2025 Super Cycle’: Bitcoin Rallies With Trump’s Regulatory Reforms On The Horizon According to the analyst,s market participants risk overlooking the fact that “the US has also got to refinance over $7trn in debt this year,” which could force the Fed to keep rates lower and eventually end quantitative tightening. Raoul Pal, Founder of Global Macro Investor, echoed this sentiment by saying, “I tend to agree with this take.” I tend to agree with this take https://t.co/SzmHbyXoBc — Raoul Pal (@RaoulGMI) January 8, 2025 Supporters of the pro-Bitcoin thesis point out that any tariffs introduced under a new Trump administration might be politically large but practically modest, echoing the LondonCryptoClub view that “Trump goes big as a negotiation tactic and likely delivers much less.” Another focal point is the emerging liquidity scenario that has bolstered risk assets in the past. LondonCryptoClub sees the Fed ultimately “start to flood the market with liquidity,” especially given the swift depletion of the Reverse Repo Facility and the potentially temporary respite offered by the debt ceiling. The same argument extends to a renewed wave of “China-led global disinflation,” which could pressure the United States into rate cuts if growth shows signs of stalling. Chris Burniske, a partner at Placeholder VC, said he once assumed the market would rally straight into the inauguration and then sell off, but he now foresees another scenario: ““Agree w this – in Q4 was thinking we’d rally into inauguration and sell off after, but once that became too consensus a view + DXY & rates rallying, looks like we’re shifting to pain before, Valhalla after – prefer this setup tbh” Some analysts see direct benefits if Trump starts publicly discussing crypto again, given how it may raise Bitcoin’s profile. Crypto analyst Gammichan reminded followers that “we have a president who will be mentioning Bitcoin regularly” and emphasized that a strong dollar could be “fuel to pump us when it falls.” Gammichan also stressed that “3-5% inflation is excellent for BTC” and noted that while the Fed might keep rates high for the moment, it could “juice it whenever” because the government’s own interest expenses remain uncomfortably large, with trillions in debt to manage. This angle is further enhanced by talk that other global players, especially China, may continue to stimulate their economies, thereby boosting overall liquidity. We seem to have forgotten that: -We have a president who will be mentioning Bitcoin regularly -MSTR is in the NASDAQ -Fed is in a great position with room to juice it whenever -3-5% inflation is excellent for BTC -Strong DXY means fuel to pump us when it falls -Fed needs to get… — Gammichan (@gammichan) January 8, 2025 Felix Jauvin, host of the Forward Guidance podcast, underscored the broader shift in market psychology by stating, “We’re quickly going from ‘sell the news’, to ‘buy the news’ on inauguration.” Related Reading: Bitcoin To Blast Off? Trump’s Fury Over Interest Rates Signals Big Move Despite this generally upbeat narrative, short-term challenges remain. Recent economic data in the United States has surprised to the upside, prompting worries that the Federal Reserve might keep policy tighter for longer. Some investors see the next few weeks as a tug of war between rising yields and the prospect of renewed global easing. Still, LondonCryptoClub argues that the jump in yields might be a temporary head fake and that once the Fed recognizes how much refinancing must occur, it will be compelled to “help keep rates low” and eventually revert to “some form of ‘not QE QE’” if the repo market shows signs of stress. Those who believe in the “buy the news” thesis anticipate that as soon as the Fed’s liquidity taps reopen, Bitcoin’s price will likely rebound from its current slump and possibly continue higher throughout 2025. Market watchers also recall how, during Trump’s earlier presidency, the US dollar initially gained but quickly topped out. LondonCryptoClub noted that “the market reacted this way last time Trump got elected and quickly the dollar topped out,” suggesting that a similar scenario might play out again, with the dollar rallying briefly before weakening. Combined with the possibility of coordinated stimulus from major central banks, any sustained reversal in the dollar would likely spell good news for Bitcoin and the broader crypto market. At press time, BTC traded at $93,596. Featured image created with DALL.E, chart from TradingView.com
Circle has donated $1 million of its USDC stablecoin to the inaugural committee for President-elect Donald Trump. On Jan. 9, Circle’s CEO, Jeremy Allaire, expressed the company’s excitement about contributing to the growth of what he described as a great American enterprise. Allaire further emphasized the significance of the committee’s accepting payment in USDC, noting […]
The post Circle donates $1 million in USDC to Donald Trump’s inaugural committee appeared first on CryptoSlate.
Coinbase may be required to send certain information related to user accounts to the CFTC in response to a subpoena related to Polymarket.
In a recent blog post, serial crypto entrepreneur and commentator Arthur Hayes predicted that fresh liquidity injections into the US economy following President-elect Donald Trump’s inauguration could spur a Bitcoin (BTC) rally in Q1 2025. Money Printing To Propel Bitcoin? Despite surging past $100,000 on January 6, BTC faced a sharp decline to as low as $94,543 earlier today, casting doubt on the so-called “Trump rally” that many expected to last until Trump’s inauguration on January 20. Related Reading: Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report Recent market action aligns with Hayes’ December forecast, in which he warned of a potential “harrowing dump” in the cryptocurrency market around Trump’s inauguration. At the time, Hayes attributed this predicted sell-off to perceived regulatory disappointments from the incoming Trump administration. However, in his latest post, Hayes suggested that the US Federal Reserve’s (Fed) plan to inject $612 billion of fresh liquidity into the economy could make up for the lack of regulatory progress and ignite new bullish momentum for BTC. The BitMex co-founder remarked: A letdown by team Trump on his proposed pro-crypto and pro-business legislation can be covered by an extremely positive dollar liquidity environment, an increase of up to $612 billion in the first quarter. Hayes explained that the Fed is expected to ramp up money printing after Trump’s inauguration, likely driving BTC and other digital assets to a local top before a subsequent pullback. He added that market disappointment over lagging crypto regulation under Trump’s administration would exacerbate the correction. The crypto entrepreneur advised selling towards the end of Q1 2025 and waiting for favorable liquidity conditions to return in Q3 2025. Once fresh liquidity enters the market, Hayes suggested it would be time for risk-seeking investors to “turn the risk dial to degen.” Opinion Split On BTC Price Action While Hayes anticipates a BTC rally later this quarter, other analysts and market commentators remain cautious. For instance, a recent report by 10x Research noted that the Fed’s delay in cutting interest rates could dampen BTC’s bullish momentum. Similarly, technical analysis suggests that BTC may be forming a bearish head-and-shoulders pattern on the weekly chart, raising fears of a drawdown to as low as $80,000. Yesterday’s failure to decisively reclaim the $100,000 price level has further unsettled the bulls. On the other hand, the CEO of Bitcoin mining firm MARA recently advocated a long-term “invest and forget” strategy for BTC. He suggested that a US strategic Bitcoin reserve could spark a global race among nations to accumulate BTC, driving up its price. Institutional interest in BTC is already on the rise, as evident from record inflows received by US spot Bitcoin exchange-traded funds (ETF). At press time, BTC trades at $95,154, down 3.6% in the past 24 hours. Featured image from Unsplash, Chart from TradingView.com
Bitcoin experts are buzzing as President-elect Donald Trump lashed out against current Federal Reserve policy, calling interest rates “far too high” despite persistent inflationary pressures. “We are inheriting a difficult situation from the outgoing administration,” Trump said at his Mar-a-Lago club, adding that officials seem to be “trying everything they can to make it more difficult” for his incoming team. The blunt remarks, coming fewer than two weeks before Trump’s inauguration, have stoked anticipation of a possible shift in US monetary policy—and raised speculation about a boost for Bitcoin and other risk assets in the new year. The 2017 Trump Playbook: Dollar “Too Strong”, Bitcoin Up? Although the economic and geopolitical landscape has changed since Trump’s first term, some market watchers see parallels to his 2017 rhetoric. Back then, he lambasted a US dollar that he deemed “too strong,” a stance that preceded a notable decline in the currency. The US Dollar Index (DXY) peaked near 104 in early January 2017 but began a downward trend that extended into early 2018, bottoming out around 98. Related Reading: Anticipating A ‘2025 Super Cycle’: Bitcoin Rallies With Trump’s Regulatory Reforms On The Horizon This sharp move in the dollar coincided with a broader risk-on environment, fueling rallies in equities as well as the Bitcoin and crypto markets. Julien Bittel, Head of Macro Research at Global Macro Investor (GMI), drew a direct comparison on X. “The last time Trump said something was ‘too high,’ it was the dollar – back in January 2017, just days before his inauguration,” Bittel stated and recounted: “Here’s what he said: ‘Our companies can’t compete with them now because our currency is too strong. And it’s killing us.” Notably, last year, Trump also called recent strength a “tremendous burden on US businesses.” Bittel further argued: “Trump understands the impact of a strong dollar – and the same logic applies to high interest rates. They suppress exports, hurt corporate earnings, and slow economic growth.” Related Reading: Bitcoin Signal That Took Price From $69,000 To $108,000 Appears Again Speaking on the impact on Bitcoin and the broader crypto market, Bittel concluded: “What happened next? Well, the dollar began a significant decline, setting the stage for one of the most pivotal macro moves we’ve seen in years – triggering a melt-up in risk assets. Déjà vu? I think so. Let’s see how it plays out.” Bittel is not the only expert speculating that the DXY may already have peaked, mirroring its 2017 topping pattern. Steve Donzé, Deputy CIO for Multi Asset at Pictet Asset Management Japan, shared a widely discussed chart on X, remarking “On time. Ready for pushback,” while overlaying recent DXY movements with the currency’s trajectory in early 2017. The chart suggests a similar pattern that could foreshadow renewed dollar weakness in the coming weeks. In a separate post, financial analyst Silver Surfer (@SilverSurfer_23) pointed to an uncanny timing overlap: “DXY topped on January 3rd, 2017—18 days before Trump’s Inauguration. DXY looks to have topped on January 2nd, 2025—19 days before Trump’s Inauguration.” He characterized the parallel as “crazy history repeating,” explaining that he sees a correlation between the path of the DXY before both inaugurations. Such analogies are fueling speculation that a repeat dollar slump could usher in an environment favoring risk assets. Should the dollar indeed enter a new downtrend—much like in 2017–2018—Bitcoin could ride a wave of renewed liquidity and speculative appetite. At press time, BTC traded at $94,950. Featured image created with DALL.E, chart from TradingView.com
In a striking revelation on the latest episode of the Coin Stories podcast, host Nathalie Brunell interviewed The Digital Chamber founder & CEO Perianne Boring, who disclosed an unvarnished and previously unknown response from members of the United States Federal Reserve. According to Boring, when she discussed the idea of a US Strategic Bitcoin Reserve […]
In what will be his final public speech as head of the derivatives agency, Rostin Benham had a lot to say about digital assets supervision in the U.S.
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty were spotted dining with President-elect Donald Trump at Mar-a-Lago on January 7, 2025. The news broke via both Garlinghouse and Alderoty’s posts on X, featuring a photograph with Trump that quickly went viral. What Did Ripple’s Execs Discuss With Trump? Garlinghouse stated, “Great dinner last […]
Ripple’s CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty attended a private dinner with US President-elect Donald Trump at the Mar-a-Lago Resort in Florida. While details of their discussion remain under wraps, Garlinghouse described the meeting as a “strong start to 2025” in a Jan. 8 post on X. This high-profile engagement highlights Ripple’s […]
The post Ripple CEO Brad Garlinghouse hails Donald Trump meeting as US crypto engagement grows appeared first on CryptoSlate.
Rostin Behnam, the Chair of the US Commodity Futures Trading Commission (CFTC), confirmed he will resign from the agency effective Jan. 20, the Financial Times reported on Jan. 6. This timing coincides with the inauguration of President-elect Donald Trump, allowing the incoming administration to appoint an interim leader before Congress approves a permanent successor. Behnam’s […]
The post Rostin Behnam to step down as CFTC chair as Trump takes office appeared first on CryptoSlate.
The social media company will switch to a community notes model similar to the X platform's, Meta said.
Like Securities and Exchange Commission Chair Gary Gensler, CFTC chief Rostin Behnam will exit his job on the day that Donald Trump takes the oath of office.