, contrary to market expectations. President Trump did not mention an executive order on cryptocurrency in his inaugural speech, contrary to media reports, and the price of Bitcoin(BTC), which had recorded $107,000, fell below $102,000. About $100 million was liquidated in Bit', 'https://img.blockstreet.co.kr/photo/2024/08/30/20240830000001_0640.jpg', 'https%3A%2F%2Fwww.blockstreet.co.kr%2Fnews%2Fview%3Fud%3D2025012108585758648'));){kind=link}
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The total market capitalization of cryptocurrency decreased by $250 billion when President Trump did not leave a special comment on cryptocurrency in his inaugural speech on Jan. 20(local time), contrary to market expectations. President Trump did not mention an executive order on cryptocurrency in his inaugural speech, contrary to media reports, and the price of Bitcoin(BTC), which had recorded $107,000, fell below $102,000. About $100 million was liquidated in Bitcoin's futures market due to the decline in Bitcoin's price.
2. Trump Appoints Mark Uyeda, Caroline Farm To SEC, CFTC Acting Chair
After Trump took office on Jan. 20(local time), President Trump appointed Mark Uyeda and Caroline Palm as acting chairmen of the U.S. Securities and Exchange Commission(SEC) and the U.S. Commodity Exchange Commission(CFTC). Mark Uyeda will serve as acting chairman of the SEC until June 5, 2026, before Paul Atkins, who was appointed as the next SEC chairman. Caroline Palm is expected to serve as acting chairman of the CFTC until the next CFTC chairman is officially appointed. Mark Uyeda and Caroline Palm are representative pro-crypto figures in the SEC and CFTC.
3. Justin Sun Expands Trump 'World Liberty Financial' Token Investment To $75M
Justin Suntron, founder of the company, announced on Jan. 21 that he has invested about $45 million in the World Liberty Financial Token(WLF) issued by the DeFi project 'World Liberty Financial', which is being conducted by President Trump's family. Justin Sun announced on Jan. 21 that he will invest a total of $75 million in WLF, including the $30 million he invested last year through his X account.
4. Around 14% of Americans Bought Trump Memecoin
Bitcoin, a media outlet specializing in cryptocurrency, reported on Jan. 21 that about 14% of the U.S. population purchased Trump's memecoin Trump token(TRUMP). Bitcoin said that a number of Americans purchased Trump tokens through the demographic survey of Trump tokens, and 42% of them were first-time buyers of cryptocurrency.
권승원 기자 ksw@blockstreet.co.kr