Trump is creating first-ever White House crypto role

[bitmover]

Nov 20 (Reuters) - President-elect Donald Trump's team is holding discussions with the digital asset industry about whether to create a new White House post solely dedicated to crypto policy, Bloomberg News reported, opens new tab on Wednesday.
https://www.reuters.com/world/us/trump-team-weighs-creating-first-ever-white-house-crypto-role-bloomberg-news-2024-11-20/

Trump is promising to do a lot for the cryptocurrency ecosystem. Now he is looking for people to work with cryptocurrency in the white house!!

We will see 100k anytime soon, and Trump didn`t even start yet. Let`s see what will happen in 2025, but everything looks so bullish right now.

[Mia Chloe]

Trump is promising to do a lot for the cryptocurrency ecosystem. Now he is looking for people to work with cryptocurrency in the white house!!
We will see 100k anytime soon, and Trump didn`t even start yet. Let`s see what will happen in 2025, but everything looks so bullish right now.

Like I always say, before now I really don't fancy political matters especially concerning bitcoin and crypto currency in general. However trumpsost recent influence after this last election in the US tweaked my point of view. Ever since the time Trump won the US election till now we've been in a bullish trend so far and the buy pressure doesn't seem to be stopping sooner.

This news you just broke In addition to all these is quite enough for this bull to take us up to a 100k . As bitcoiners we are hoping for more good news like these. It would be interesting to see what would happen after we hit the 100k Mark, probably a pullback or not.

[sampoerna]

Nov 20 (Reuters) - President-elect Donald Trump's team is holding discussions with the digital asset industry about whether to create a new White House post solely dedicated to crypto policy, Bloomberg News reported, opens new tab on Wednesday.
https://www.reuters.com/world/us/trump-team-weighs-creating-first-ever-white-house-crypto-role-bloomberg-news-2024-11-20/

Trump is promising to do a lot for the cryptocurrency ecosystem. Now he is looking for people to work with cryptocurrency in the white house!!

We will see 100k anytime soon, and Trump didn`t even start yet. Let`s see what will happen in 2025, but everything looks so bullish right now.

We're really heaidng this $100K Bitcoin so soon. Well, indeed, since the presidential election and Trump's victory, it has really affected the progress of the market which seems to have accelerated very quickly in this month. Moreover, there are still several visions of Trump's mission which will also affect crypto.

So far, there have been several positive issues given by Trump specifically related to crypto, where he made Pro-crypto branding, besides the plan to fire Gary Gensler, there is also a plan for his party to attract several big names related to crypto such as Elon Musk in related matters, then there is this news, and several other positive issues which in essence will make crypto truly mainstream there.

and this will certainly have an even higher effect on the condition of the crypto market. Let's just get ready to prepare ourselves for the uptrend of the crypto world until Trump really takes office. Although there will still be a bearish phase, at least we can optimize the chances to get through the bull run season first.

I saw some news here:
https://www.cnbc.com/2024/11/06/trump-claims-presidential-win-here-is-what-he-promised-the-crypto-industry-ahead-of-the-election.html
https://www.electronicpaymentsinternational.com/analyst-comment/crypto-to-go-mainstream-under-trump-wider-deregulation-plans/
https://theconversation.com/the-crypto-community-sees-a-powerful-new-friend-in-donald-trump-heres-why-243366

[TomPluz]

Like I always say, before now I really don't fancy political matters especially concerning bitcoin and crypto currency in general. However Trump's recent influence after this last election in the US tweaked my point of view. Ever since the time Trump won the US election till now we've been in a bullish trend so far and the buy pressure doesn't seem to be stopping sooner.

Now, I am sure you are not alone with this changing POV on Trump and what he can really do for the cryptocurrency industry as a whole. I think it can be safe to say that Trump will go down in the history lane as the crypto president and under his coming administration I am looking forward to a friendly environment and regulations that can be acceptable by all senseful players so there will be no more lawfare or regulation by enforcement crusade implemented by SEC's Gensler - hopefully he will resign and be replaced by a better and crypto-friendly one. Hopefully, under the 4 years of Trump we can see the golden age of cryptocurrency come on the scene.

[yhiaali3]

Bitcoin is already approaching $100K and Trump has not officially taken office yet, I wonder how much Bitcoin will make when Trump officially takes office and starts implementing his promises?

Everyone is waiting to see how Trump will implement his promises and what the results will be, it seems that Trump has already started preparing to implement his promises by creating some new positions and appointing men who support Bitcoin and cryptocurrencies, I hope we see a golden age for Bitcoin during Trump's term that will establish the real Bitcoin era.

[Bobcrypto]

It is already MAGA bullish for Bitcoin, unfortunately the dominant rates is also increasing causing price meltdown to some altcoins.
In addition, it is going to be a bullish regime in my opinion, I just imagined when Donald Trump will resume at the White House by January; Bitcoin must have blast off to the mars, it has hit $97900 as at the time of writing. We are going to celebrate $100k in a moment, just before Donald Trump will be swornin as the 47th president of the United States. Cheers!

[tequilla_sunset]

It is already MAGA bullish for Bitcoin, unfortunately the dominant rates is also increasing causing price meltdown to some altcoins.
In addition, it is going to be a bullish regime in my opinion, I just imagined when Donald Trump will resume at the White House by January; Bitcoin must have blast off to the mars, it has hit $97900 as at the time of writing. We are going to celebrate $100k in a moment, just before Donald Trump will be swornin as the 47th president of the United States. Cheers!

We are in for a ride for sure.
I hope Trump will deliver on some of his promises at least, and if he does - the crypto space will appreciate it and be ready to rocket even higher.

[hugeblack]

With their control of the House and Senate, it may be easier for Republicans to pass these bills. I think they will be in favor of ETFs and will greatly harm decentralization, although they may be positive for prices, which may witness a rise accompanying this news. In general, the continuation of good news is the beginning of speculation in the price of Bitcoin, and we will see more increases in the next three months.

[dave_strider]

With their control of the House and Senate, it may be easier for Republicans to pass these bills. I think they will be in favor of ETFs and will greatly harm decentralization, although they may be positive for prices, which may witness a rise accompanying this news. In general, the continuation of good news is the beginning of speculation in the price of Bitcoin, and we will see more increases in the next three months.

Yeah, ETFs will grow because the faith and credibility put for BTC by the big guys is growing by a big margin.
Surely it will have an effect on the state of how much of the total supply is within the big hands reach, however - I do think it all will be fine in the end.
BTC will be victorious.

[luckyledger]

Like I always say, before now I really don't fancy political matters especially concerning bitcoin and crypto currency in general. However Trump's recent influence after this last election in the US tweaked my point of view. Ever since the time Trump won the US election till now we've been in a bullish trend so far and the buy pressure doesn't seem to be stopping sooner.

Now, I am sure you are not alone with this changing POV on Trump and what he can really do for the cryptocurrency industry as a whole. I think it can be safe to say that Trump will go down in the history lane as the crypto president and under his coming administration I am looking forward to a friendly environment and regulations that can be acceptable by all senseful players so there will be no more lawfare or regulation by enforcement crusade implemented by SEC's Gensler - hopefully he will resign and be replaced by a better and crypto-friendly one. Hopefully, under the 4 years of Trump we can see the golden age of cryptocurrency come on the scene.

It was said that Garry would be gone pretty fast - but he is still where is currently, as far as I know.
So maybe Trump will be that man to do better for the crypto space, or maybe - not. He is a businessman and a politician, first and foremost.

[omori]

Whatever happens - happens.
I do think the crypto space will be fine in the end, and maybe, just maybe - we will be even better off than we were.
Trump is a wild card and can do many things during his term.

[Hatchy]

Trump is promising to do a lot for the cryptocurrency ecosystem. Now he is looking for people to work with cryptocurrency in the white house!!

We will see 100k anytime soon, and Trump didn`t even start yet. Let`s see what will happen in 2025, but everything looks so bullish right now.

We should just know that 2025 is the bull year.. we all want to hodl more Bitcoins before then. We are expecting more than $100k soon as Bitcoin is just getting started. Trump is going to change a lot upcoming days and we are just seeing the first part.

[Mia Chloe]

We should just know that 2025 is the bull year.. we all want to hodl more Bitcoins before then. We are expecting more than $100k soon as Bitcoin is just getting started. Trump is going to change a lot upcoming days and we are just seeing the first part.

From my point of view right now it seems 100k is inevitable. Like I always say to be sincere I was of the opinion that we would be experiencing bitcoin at 100k not this year but rather next year. This seemed to be more true though it wasn't when  bitcoin was very close to the 90k mark but still didn't hit is at that time. To a lot of people too it seemed like that was the threshold for this year.

Before I went to bed yesterday I glanced through coin market cap and saw a small pump with bitcoin around 93k though it really didn't seem like much. Only for me to surf lately and discoverd we are already past 98k and still pushing.

[bitterguy28]

if this is true it will just strengthen the idea that trump really is serious about his promises involving crypto

this will definitely push crypto more in the limelight and would be considered a major asset in the country if he ever does this i am excited to see what can bitcoin do to us' economic state and i am even more excited to see what can the us do for bitcoin itself will it keep rising? what can be its recorded ath before the bull run? will the us influence other countries to follow their footsteps regarding bitcoin? and etc etc

we shall see in due time

[0t3p0t]

Trumps has triggered the rise of Bitcoin price and for me maybe this will continue during his administration because of his plans to it. Whales are also riding on this and so as we small investors and I think this could result in a very profitable path as long as we are doing our due diligence in this sector. I believe Trump's administration together with his pro-crypto colleagues will make crypto great again.