On January 20, Donald Trump will take office as the 47th president of the United States, and the cryptocurrency industry is already moving its strategic chips to position itself as a key player in this new political era. After years of regulatory uncertainty and aggressive actions under the Biden administration, the crypto sector sees Trump's return as an opportunity to restore trust and foster innovation.
Presidential inaugurations in the United States are more than political ceremonies. They are events designed to establish connections and gain influence, with multimillion-dollar donations seeking to secure a place at the decision-making table. In this context, several crypto companies are standing out for their record contributions to Trump's inaugural fund.
Ripple:
The company behind XRP has donated $5 million, a notable change considering its previous endorsement of Democratic candidate Kamala Harris. Ripple, which has faced a protracted legal battle with the Securities and Exchange Commission (SEC), appears to be seeking regulatory respite under the new administration. This move coincides with an impressive rally in the price of XRP, which has gone from $0.50 to $2.30 in recent months.
Robinhood:
The well-known stockbroker has contributed $2 million. After dealing with fines and regulatory actions in recent years, Robinhood seems to be betting on a more favorable environment to expand its cryptocurrency arm.
Coinbase:
Another giant in the sector, Coinbase, has contributed $1 million. In the midst of its legal dispute with the SEC, the company appears to be seeking a clearer and friendlier regulatory framework for its operation.
Circle:
The issuer of USDC, the main American stablecoin, has donated $1 million entirely in its own digital currency. This gesture not only reinforces confidence in digital assets, but also symbolizes the growth of USDC as a financial tool.
Kraken:
The renowned exchange platform has contributed $1 million, while its founder, Jesse Powell, personally donated $845,000 in Ethereum during the election campaign.
The enthusiasm from companies in the sector reflects optimism that the Trump administration could adopt a more favorable regulatory approach to the blockchain industry. Under Biden, the SEC took a tough stance, characterized by what many in the industry consider “regulation by enforcement.” This created uncertainty and hampered innovation in the crypto space.
With Trump's victory, companies see an opportunity to redefine their narrative and establish a clearer, more predictable environment. This also coincides with the growing interest of financial advisors in integrating cryptocurrencies into their clients' portfolios. According to a recent Bitwise/VettaFi study, 56% of financial advisors are more likely to invest in cryptocurrencies in 2025, driven by the political environment and the approval of the first Bitcoin and Ethereum ETFs in the United States.
Recent movements in cryptocurrency prices reflect this new wave of optimism. Bitcoin, for example, has recorded a historic increase of “14 consecutive green candles per hour,” a phenomenon not seen in more than eight years. This behavior suggests the entry of institutional actors, who use strategies such as Time-Weighted Average Price (TWAP) to accumulate assets gradually and without significantly altering prices.
On the other hand, alternative cryptocurrencies have also shown signs of recovery, fueled by renewed market interest. However, challenges such as cybersecurity threats and the possibility of over-regulation remain, factors that could slow current momentum.
Trump's upcoming presidency marks a turning point for the crypto industry. With an administration more open to dialogue and the growth of technological innovation, the sector could enter an era of greater stability and legitimacy. The opportunities for businesses and financial advisors are vast, but so are the risks if not managed properly.
As opening day approaches, it is clear that the crypto industry is not only looking to survive in this changing environment, but also lead the way towards deeper integration into global financial markets.
Source: Kely Mendoza / Cryptotrends.
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