Trump's Plans to Make America a Crypto Hub.

What we’ll cover today:

🌅 A Bold New Dawn for Crypto.

🔓 Did Ethereum Just Unlock a New Level?

🏛️ Significant Potential Changes at the SEC.

1. A Bold New Dawn for Crypto.

What if the U.S. Becomes the World’s Crypto Hub? Trump Says It’s Happening.

Donald Trump is back, and he’s on a mission to make the U.S. the “crypto capital of the planet.”

Here’s what’s on the agenda:

• Fire SEC chief Gary Gensler
  Gensler has been leading a crackdown on big players like Coinbase, Kraken, and Binance. His exit could mean a major shift.

• A pro-crypto Congress
  Pro-crypto groups poured millions into recent elections, helping elect over 250 crypto-friendly politicians.

• Crypto-friendly legislation
  With Congress on board, the industry hopes for a lighter regulatory touch.

Bitcoin is already flirting with record highs.

Here’s the whole article

2. Did Ethereum Just Unlock a New Level?

Ethereum has surged past the $3,000 mark, now sitting at $3,012.

Here are the quick facts:

• A 2.47% increase occurred in just one day.

• This rally indicates a bullish trend in the crypto market.

What this means for your portfolio:

• Ethereum's momentum could influence market trends.

• Monitoring Ethereum’s movements is essential for informed investment decisions.

Next is to analyse Ethereum’s recent developments and potential future impacts.

Here’s the whole article.

3. Significant Potential Changes at the SEC.

There's a potential shift at the SEC. Richard Farley, a Wall Street lawyer from Levin Naftalis and Frankel, is rumoured to replace Gary Gensler.

Community Reactions:

• Some crypto communities fear Farley's traditional finance background might lead to stricter crypto regulations.

• Others are hopeful his experience could foster smarter, supportive regulatory frameworks.

Preferred Candidates for SEC Chair:

1. Chris Giancarlo ("Crypto Dad")

2. Hester Peirce ("Crypto Mom")

3. Dan Gallagher, legal chief at Robinhood

Also noteworthy is SEC Commissioner Mark Uyeda's critical views on current regulatory approaches that could influence future decisions.

Here’s the whole article.