In this article:The crypto industry will hold an inaugural ball in honor of Donald Trump's presidency on Jan. 17.
Ripple, #Coinbase and Kraken have contributed millions of dollars to Trump's $225 million inaugural fund.
Trump is expected to nominate a #cryptocurrency ally Paul Atkins is expected to nominate him for chairman of the U. S. Securities and Exchange Commission.
January 17, BTC Inc. and Stand With Crypto will host the first-ever crypto ball at the Andrew W. Mellon Auditorium in Washington, D. C.
the event will honor the inauguration of President Donald Trump and Vice President J. D. Vance. Tickets: $2500 per ticket. Hours. 8 p. m. to midnight. What to wear. Black tie, of course.
cocktails, hors d'oeuvres and parking will ensure the crypto industry is seen, heard and, most importantly, taken more seriously than ever.
the Trump Inauguration Committee has already raised $200 million and is expected to raise $225 million by the big day. This is one of the largest sums ever, and #cryptocurrencies are ecstatic about it. #Ripple alone has donated $5 million dollars, making it one of the top sponsors. Coinbase and Kraken donated at least $1 million dollars;
Famous tech companies like Jeff Bezos, Mark Zuckerberg, and Sam Altman also got in on the action, donating $1 million dollars each. The tech industry has been watching the growing influence of cryptocurrencies and wants its share of the profits or at least favorable regulatory changes. SEC Chairman Gary Gensler is expected to be replaced by Paul Atkins, a longtime cryptocurrency ally. If that happens, it would end an era of industry hostility. Atkins is seen as a man who understands everything. After all, he first invested in bitcoin more than a decade ago.
Doh Kwon of Terra has finally been extradited to the U. S. Other candidates include Scott Bessent for Treasury Secretary and Howard Lutnick for Commerce Secretary. Both have their own views on cryptocurrencies.
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