From President-elect to the United States (US) President, Donald Trump has been sworn in as the 47th US president, making him only the second leader in history to return to the White House.
On 20 January, his administration unveiled its “America First Priorities,” focusing on public safety, energy independence, government reform, and restoring “American values.”
However, cryptocurrency was notably absent from the list, despite Trump’s earlier campaign promises to establish a strategic Bitcoin reserve.
The omission has raised questions within the crypto community, especially as the White House briefing touched on several key economic concerns but failed to address digital assets.
Despite this, industry experts remain optimistic that crypto will play a significant role in Trump’s second term.
Earlier in the day, speculation was high that Trump might issue an executive order to create a strategic Bitcoin reserve, but no such announcement materialised.
Still, betting markets reflect lingering expectations—Polymarket bettors estimate a one-in-three chance that the reserve will be established within Trump’s first 100 days, while Kalshi places the odds at 60% for its creation by year-end.
Trump’s silence on cryptocurrency has caught the crypto community off guard, especially given his pro-crypto campaign promises ahead of his November election victory.
Among those commitments was the creation of a Strategic Bitcoin Reserve, which many expected to be a priority upon taking office.
Additionally, there was widespread anticipation that Trump would swiftly address regulatory concerns surrounding Operation Chokepoint.
However, his inaugural address at the Capitol Rotunda made no mention of crypto, raising concerns among investors who were optimistic about the market’s prospects under his leadership.
Despite appointing several pro-industry financial regulators, doubts persist about whether Trump will fulfill his commitments to the sector.
His omission is particularly surprising considering his direct involvement in the space—having launched his own Solana-based meme coin and even hosting a high-profile “Crypto Ball” event that brought together key industry figures.
Nevertheless, a silver lining remains—Trump’s financial entity, World Liberty Financial, recently purchased $4.7 million worth of Bitcoin, signalling potential long-term support.
Some analysts view his decision to sidestep crypto in his speech as a strategic move to avoid market volatility driven by political rhetoric.
Influential economist Peter Schiff commended Trump’s restraint, arguing that staying silent on Bitcoin could help the market remain stable and unaffected by political influences.
The crypto market has seen intense volatility over the past 72 hours following Trump’s launch of his own meme coin on the Solana blockchain—an announcement that has drawn both acclaim and scepticism from the crypto community.
The Official Trump (TRUMP) memecoin skyrocketed over 490% within its first 24 hours of trading on 18 January, swiftly entering the ranks of the top 30 cryptocurrencies by market capitalisation.
However, the token’s momentum was short-lived, plunging 25% within an hour after Trump’s inaugural speech, hitting a low of $38 before briefly recovering to $41.
As of now, TRUMP is trading at $33.39, marking a 30.29% decline in the past 24 hours, according to CoinMarketCap.
Meanwhile, Bitcoin surged to a new all-time high in the lead-up to Trump’s inauguration, briefly exceeding $109,000 before retracing to $102,194.79—a modest 1.28% gain in the past 24 hours, according to CoinMarketCap.
Despite short-term fluctuations, Bitcoin has soared nearly 50% since Trump’s election victory on 5 November, driven by anticipation of a crypto-friendly administration that could introduce favourable policies and enhance the industry’s political standing.
Despite Trump’s pro-crypto stance, his recent silence on digital assets has raised concerns within the community.
His administration has delivered notable wins, including the appointment of crypto-friendly financial regulators, but the lack of immediate follow-through on key promises has left investors questioning his long-term commitment.
Optimism persists, but uncertainty looms—will the administration double down on its crypto-friendly agenda, or is the industry’s future under Trump still uncertain?
Metaplanet, a Japanese firm known for its aggressive Bitcoin accumulation strategy, has announced plans to raise approximately $880 million through an overseas share issuance.
XingChiThe UAE has built a Bitcoin reserve of around 6,300 BTC, worth up to $740 million, mainly through state-backed mining. This makes it one of the largest national holders, ranking just ahead of El Salvador.
AnaisA Philippine lawmaker has proposed that the central bank buy 2,000 bitcoins each year for five years, creating a national reserve of 10,000 coins. The plan aims to strengthen the country’s finances and provide a long-term store of value alongside traditional reserves like gold and foreign currency.
WeatherlyJapan plans to tax crypto profits at a flat 20% instead of rates as high as 55%. The regulator also aims to allow crypto ETFs and approve the country’s first yen-backed stablecoin.
AnaisArthur Hayes, the BitMEX co-founder pardoned by Donald Trump, has invested in a stem cell firm with clinics in Mexico and Bangkok. He is also backing crypto treasury firms while warning that the market may already be overheating.
WeatherlyA Pennsylvania lawmaker has put forward a bill to stop politicians and their families from owning or trading crypto while in office. The plan follows claims that Donald Trump has used his role to profit from tokens like his own memecoin.
WeatherlyBitcoin has retraced below $117,000 after reaching an all-time high last week, signaling a pause in upward momentum and growing caution among investors.
XingChiDutch cryptocurrency company Amdax is preparing to launch one of Europe’s most ambitious Bitcoin strategies yet: creating a dedicated Bitcoin treasury firm, seeking a listing on Amsterdam’s Euronext, and ultimately aiming to acquire 1% of the total Bitcoin supply.
XingChiThe SEC has delayed decisions on several crypto ETFs, including Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, pushing most deadlines into October. Regulators are working on new listing standards that could allow faster approvals of altcoin ETFs once rules are finalised.
WeatherlyTaiwan’s WiseLink led a $10 million funding round for Nasdaq-listed Top Win International, helping the company buy Bitcoin and expand into digital assets. The deal makes WiseLink the first public Taiwanese firm to back a Bitcoin treasury strategy and aims to combine crypto holdings with cross-border business operations.
Weatherly丑闻缠身的菲律宾市长否认间谍指控，在大规模欺诈指控中面临调查和开除党籍。
AlexFriend.Tech has seen over $1M TVL loss in less than 24 hours. And plans to leave the Base network for its own chain, followed by news of a reversal, further destabilised the FRIEND token, hitting a new all-time low. Is it time to say goodbye to Friend.Tech?
KikyoSouth Korea's new crypto monitoring system, launching July 19, aims to curb illicit activities and enhance market oversight, potentially impacting global crypto markets amid concerns over altcoin delistings and investor protection.
JoyIlya Sutskever, co-founder of OpenAI, left amidst disagreements over AI safety priorities, leading to the founding of Safe Superintelligence Inc. (SSI) in June 2024, focusing on developing safe superintelligence with a streamlined approach and a select team.
AnaisAlexPixelverse's PixelTap game integrates a tap-to-earn model on Telegram, recently adding TON blockchain support for in-game transactions and $PIXFI token interactions, aiming to enhance player engagement and value creation within its cyberpunk universe. With rapid user growth, community events like Pixelfest, and substantial backing from investors, Pixelverse is positioned to expand as a prominent player in blockchain-based gaming and entertainment.
WeatherlyEthena made history with its USDe surpassing $3B just four months after launch. Its Sats campaign will continue until 2 September or until USDe supply reaches $5B. However, the ENA token has declined over 50% in the past month. Will Ethena's USDe follow the path of other high-profile stablecoin collapses?
CatherineQED Protocol, backed by $9 million in funding, enhances Bitcoin with scalable smart contracts using zero-knowledge proofs, aiming for faster transactions and broad Web3 application support. Led by Carter Feldman, QED aims to revolutionize Bitcoin's capabilities, potentially making it a cornerstone of the next-gen internet.
WeatherlySoccer legend Lionel Messi is allegedly promoting Solana-based WaterCoin (WATER). However, as meme coin mania grows, celebrities endorsing these assets on Solana might be violating securities laws, attracting SEC scrutiny.
KikyoThe race for a Solana ETF heats up with BlackRock reportedly considering joining VanEck and 21Shares in filing, signaling increased institutional interest. The SEC's decision, influenced by the upcoming U.S. election, could determine the ETF's fate by mid-March 2025.
Anais