Trump Calls Together Cryptocurrency Friends, Senator Proposes Selling Gold for Bitcoin |

In this week's review: President-elect Donald Trump nominates two new candidates, which is a good sign for cryptocurrency, while Republican senators propose abandoning gold in exchange for Bitcoin.

SEC Chairman Gary Gensler plans to resign on January 20, the day of Trump's inauguration. The new administration is considering appointing securities lawyer Teresa Goody Guillén to replace him. Dan Gallagher from Robinhood stated that he is not interested in the position.

This week, Trump's team met with several executives to form a committee with the White House's first "cryptocurrency czar."

Last week, Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (FDIC), who played a key role in several cryptocurrency crackdown cases, revealed that he intends to resign on January 19, 2025.

Trump's latest nominees—Secretary of Commerce Howard Lutnick and Secretary of the Treasury Scott Bessent—are both active advocates for cryptocurrency.

Finally, this is good news; I wonder how much Bitcoin Old Trump’s family has bought, it should be at least a few thousand or more, and I haven't followed my cousin's profile picture yet to avoid getting lost. Tune in on Tuesday night at nine for a live session to answer questions about the upcoming altcoins that will surge.