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Bitcoin News: Trump to Issue Pro-Crypto Executive Orders, Including National Bitcoin Stockpile

Bitcoin News: Trump to Issue Pro-Crypto Executive Orders, Including National Bitcoin Stockpile

Published:
2025-01-17 18:41:15
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US President-elect Donald Trump is reportedly set to issue an executive order that will promote cryptocurrencies as a national policy priority. This groundbreaking move includes the creation of a federal stockpile of Bitcoin, aiming to elevate cryptocurrencies to a national imperative from the first day of Trump’s tenure. The order also seeks to give industry insiders a voice within his administration, signaling a significant shift in the government's approach to digital assets.

Trump Set to Issue Pro-Crypto Executive Orders, Including National Bitcoin Stockpile: Report

US President-elect Donald Trump reportedly plans to issue an executive order promoting cryptocurrencies as a national policy priority. This includes the creation of a federal stockpile of Bitcoin. The order aims to elevate cryptocurrencies as a national imperative from the first day of Trump’s tenure, giving industry insiders a voice within his administration. Additionally, the order intends to establish a crypto advisory council to support crypto policy priorities. Earlier this month, Trump’s administration noted it is still searching to appoint around 24 CEOs and founders to this proposed council. In December, Trump appointed Bo Hines, a former congressional candidate from North Carolina, to head the newly established council.

Bitcoin’s 2025 Price Targets – $145k or $249k?

Bitcoin price projections for 2025 reveal a range of $145k to $249k, with CryptoQuant’s analysis linking BTC growth to realized cap and declining miner reserves. Ki Young Ju, Founder and CEO of CryptoQuant, shared these insights, suggesting Bitcoin could reach a market cap of nearly $5 trillion under optimal conditions.

Bitcoin Price At Risk Amid Bank Of Japan’s Interest Rate Hike

As the crypto market eagerly anticipates US president-elect Donald Trump’s inauguration on January 20, another significant event in the following week could influence the market’s trajectory. Economic experts suggest that the Bank of Japan’s (BOJ) anticipated interest rate hike may dampen Bitcoin’s bullish momentum. After a flash crash to $89,256 earlier this week, Bitcoin has recovered some of its losses, trading near the psychologically crucial $100,000 level. The leading cryptocurrency is poised for a potential new chapter under the Trump administration, whose campaign prominently featured pro-crypto regulatory policies. However, optimism surrounding Trump’s presidency might be tempered by the BOJ’s likely decision to raise interest rates.

Made in USA Tokens: Hype or Quality Filter?

The cryptocurrency market is increasingly showcasing American influence, from Bitcoin mining to venture capital funding for token projects. The 'Made in USA' label is becoming a common hype tool for new tokens. Recent pro-crypto messages from Donald Trump have fueled expectations of mainstream adoption. This label is being used to bolster confidence in both new and existing projects. Additionally, crypto advocates have been nominated as advisors to the upcoming US presidential administration, highlighting a positive shift in the US crypto climate. Historically, tokens exposed to the US market have outperformed others, even amidst regulatory scrutiny, demonstrating their resilience.

Bitcoin Rebounds Strongly from $89,000 Dip, Eyes Major Breakout

Bitcoin has shown a strong rebound after a dip to $89,000, with market sentiment remaining largely unaffected. The cryptocurrency is now positioned for a potential rally to new heights. The MVRV Ratio, currently at 1.32, indicates that the average Bitcoin unit holds an unrealized profit of 32%, reflecting positive market sentiment. This is similar to the behavior observed after the all-time high in mid-April 2024, suggesting that despite recent corrections, the market remains bullish. Investors continue to show Optimism about Bitcoin's long-term potential.

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