On January 20, 2025, Mr. Donald Trump will officially take office as President of the United States, expected to issue many important decrees. During the election campaign, he pledged to support crypto with many promises, attracting significant interest from the coin community.
Many organizations in the crypto field hope that Mr. Trump will sign decrees supporting the industry within the first 100 days of his term, or even on his inauguration day. Notably, the appointment of Paul Atkins, a supporter of digital currency, to lead the U.S. Securities and Exchange Commission (SEC) is seen as a positive signal for the crypto market.
However, the market is still waiting for specific moves from the new administration. The Short side predicts there will be an opportunity to "Sell the news" on inauguration day, while the Long side hopes for positive policies from Mr. Trump.
Additionally, here are the big names in and outside the crypto community that have confirmed they will contribute to the inauguration fund of President-elect Donald Trump.
RIPPLE 5 million USD in XRP
ONDO 1 million USD
Kraken 1 million USD
Coinbase 1 million USD
Circle 1 million USD
Mark Zuckerberg CEO Meta 1 million USD
Jeff Bezos Founder Amazon 1 million USD
Tim Cook CEO Apple 1 million USD
Google 1 million USD