@eellaoh99
2. Unpacking the Surge: A Data-Driven Insight
Trump’s Crypto-Backed Agenda:
Launch a strategic reserve of Bitcoin.
Halt government sales of its $19.2 billion Bitcoin stash.
Replace SEC Chair Gary Gensler with a crypto-friendly appointee by January 20, 2025.
Establish a Bitcoin-focused advisory council within Trump’s first 100 days to create a crypto-friendly regulatory framework.
Promote domestic Bitcoin mining, aiming for U.S.-produced Bitcoin only.
Crypto advocates like Elon Musk and Vivek Ramaswamy will lead efforts to streamline crypto policies.
With Trump’s pro-crypto administration taking shape and the “red wave” in Congress, regulatory optimism is on the rise, signaling a new era of crypto-friendly policies and potential market-transforming changes.
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