When President Donald Trump introduced himself to the presidency of last year, the cryptocurrency community was optimistic about his candidacy.
Trump had been skeptical about Bitcoin a few years ago.
“Bitcoin, it looks like a scam,” he said
But over time, its air has changed. On the campaign track for a second term in 2024, he promised clear cryptocurrency regulations, a ban on digital currency from the Central Bank (or CBDC, a
After winning the ballot day and sworn for the second time last week, Trump signed a
The Bitcoin Prize has skyrocketed since Trump’s victory in November, reaching a summit of all time
Meanwhile, just before the day of the inauguration, Trump launched his own $ Trump “Even Coin” (a cryptocurrency generally with its roots in an internet meme); First lady Melania Trump did the same with $ Melania. The coin of $ Trump has skyrocketed two days after its introduction to a summit of
What is all recent changes in the cryptographic landscape indicate advisers and people involved in Bitcoin or wider investment?
Crypto-torches and disadvantages
Charles John Nesmith, portfolio director at
“I have never been on the cryptographic train,” he said. “I do not consider any crypto as a form of investment and I prefer to keep large companies through public action.”
Find out more:
Daniel E. Milks, co-founder and manager of operations
“Crypto remains a speculative asset class, and for most customers, it is not suitable for long-term investment objectives or risk tolerance,” he said. “Although blockchain technology is promising, the volatility of cryptocurrencies makes it a niche niche, and only for customers who understand the risks perfectly.”
For Ben Kurland, CEO of Crypto Research and Charting Platform
“What has changed is the urgency for investors to separate media from the substance,” he said. “Crypto in retail portfolios must go from speculative game to strategic inclusion, focusing on projects with clear utility and solid fundamental principles. The days of money money should be behind us.”
Adam O’Brien, founder and CEO of
“I always believe that the crypto, in general, will inevitably go out, but Bitcoin will be there forever,” he said.
Sale linked to IA-Heavy markets
On the day of the volatility of post-abundage crypto reflects wider market trends rather than political changes, Milks said.
“The increase in interest rates, economic uncertainty and regulatory control have had a greater impact on cryptography prices than any unique political event,” he said.
Find out more:
Nesmith said the recent sale was strongly correlated with the enthusiasm of AI actions and “reflects a combination of market and politics dynamics”.
This recent uncertainty is largely motivated by the global feeling of risk in the markets linked to a deep AI and should be seen through the lens of the short volatility
“The markets can see a little chop in the coming months, but the long -term thesis remains intact, and most retail investors should see this as a purchase opportunity rather than signs of the end,” said -Ali said.
Optimism surrounding the crypto leading to the inauguration day was built on hope, not the substance, said Kurland.
“The markets thrive on certainty, and the mixed signals of the administration of Trump on the regulation of cryptography, twinned with macroeconomic opposite winds, have investors on Edge,” he said. “It is not a loss of confidence in the crypto, but a break to reassess the sound of the signal.”
Find out more:
O’Brien said that the image of the macro market affects Bitcoin and that it was “a bit of an event” Sell-the-News “.
“It’s a good thing,” he said. “Bitcoin is there for the next millennia.
Executive decree mainly considered as a promising first step, with warnings
Trump’s decree on the crypto is a double -edged sword, Kurland said.
“On the one hand, he promises an essential regulatory clarity,” he said. “On the other, language feels precipitated and reactionary, leaving open questions about the implementation. Although it signals a step towards legitimacy, the real progress depends on the question of innovation or the Innovation or suffocation under bureaucracy. “
Trump turned out to be a Pro-Crypto president in a short time, Wong said.
“The executive order itself is light on the details, but is a signal that the new regime wants to work with the industry in a much more significant way than before,” she said. “This is probably a winner for all those involved.”
O’Brien said he considered the new administration to investigate the means of supporting the investment of cryptography, and it is “extremely positive” in his eyes.
“I think it’s certainly better than what we had,” he said. “That said, I haven’t really seen it yet.”
Although the clarity of the regulations is welcome, Milks has said that details and implementation will be essential.
“If the order promotes responsible surveillance and reduces fraud, this could improve the legitimacy of cryptography,” he said. “However, overlying too much could suffocate innovation and with the tumultuous history of the crypto – including the
Parts of presidential memes are disdaining
Universal among the Crypto supporters and detractors was their collective disgust for the pieces even $ Trump and $ Melania recently published.
The launches are emblematic of the enthusiasm for the same part which threatens to undermine the credibility of the crypto, said Kurland. Although the pieces can arouse short-term enthusiasm, he said, they distract offers from the real crypto, including decentralized finances and cross-border payments.
“Industry does not need gadgets, it needs innovation and confidence,” he said. “If we want legitimacy, we have to focus on construction, not the brand.”
O’Brien said there was a constant expansion division between Bitcoin and everything else.
“These coins are scams – even those of the president – and it should be very obvious to people,” he said. “I hope they look at Ethereum and XRP with the same lens and can see that Bitcoin is different from the others.”
Nesmith said that coins make the regulations more difficult and “the crypto with water down”.
For milks, coins $ Trump and $ Melania highlight the “speculative and almost gamified nature of certain parts of the cryptography market”.
“Although they can generate short-term buzz, they don’t do much to improve the legitimacy of crypto as a serious investment,” he said. “These documents reinforce the importance of prudence when examining cryptographic investments and the need to focus on utility rather than the media threshing.”
