Trump’s Inauguration: What’s Next for Bitcoin Policies?

Mitrade
Trending Articles
coverImg
Source: DepositPhotos

TradingKey - Donald Trump’s inauguration takes place today, January 20, and as a vocal Bitcoin supporter, Bitcoin near the $110,000 mark on Monday.


One of Trump’s boldest proposals is the Bitcoin Reserve Plan. With the U.S. dollar’s global dominance under pressure, adding Bitcoin to national reserves is seen as a step to modernize monetary policy and strengthen America’s financial leadership.


Betting markets like Kalshi and Polymarket have raised the odds of Trump establishing a strategic Bitcoin (BTC) reserve after taking office. Kalshi predicts a 70% chance of this happening by 2026, while Polymarket gives a 42% probability of such action within Trump’s first 100 days.


This growing optimism follows Trump’s pledge at the Bitcoin 2024 conference in Nashville to make the U.S. the global cryptocurrency capital and to establish a "National Strategic Bitcoin Reserve."


On January 16, The New York Post reported that Trump is considering expanding the reserve to include other cryptocurrencies, such as USD Coin (USDC), Solana (SOL), and XRP (XRP). He also plans to sign an executive order prioritizing cryptocurrency after taking office.

“The establishment of a BTC reserve in the United States would accelerate Bitcoin adoption more than the launch of ETFs in January 2024. We believe the Bitcoin Adoption Act would have a deeper long-term impact on Bitcoin than ETFs,” said a CoinShares researcher.

The market eagerly anticipates more pro-crypto policies under Trump’s leadership. TradingKey analysts outlined the following key initiatives.


altText


Regulatory Overhaul:  Trump has nominated crypto-friendly Paul Atkins as SEC chairman and David Sacks as a potential “AI and Crypto Czar.” Both advocate for modernizing securities laws to suit digital assets.


Innovation Funding Initiative: A proposed fund would support blockchain infrastructure, enhance cybersecurity, and advance cross-border payment solutions.


Cross-Border Payment Reform: Trump aims to promote Bitcoin and other cryptocurrencies for global transactions by simplifying regulations, reducing compliance costs, and fostering international cooperation.


Additional Bitcoin Policies include: Improving Banking Access for Crypto Businesses , Opposing Central Bank Digital Currencies (CBDCs), and Comprehensive Tax Reform.


TradingKey analysts evaluated these policies based on five criteria—executive authority, congressional approval, regulatory complexity, technical requirements, and stakeholder resistance—scoring each from 0 to 20. Higher scores indicate better feasibility.


Source: TradingKey


Read more

  • USD/CAD Price Forecast: Eyes fresh six-month highs near 1.4150 within overbought zone
  • U.S. Stock Market Opinions Diverge: Will the Market Rise or Fall Going Forward?
  • Gold draws support from safe-haven flows and Fed rate cut bets
  • Galaxy lowers Bitcoin forecast to $120K due to AI and gold
  • US Dollar Index Price Forecast: Rally pauses above 100.00 despite Fed dovish bets ease further
  • Australian Dollar inches lower ahead of China’s Trade Balance data
  • * The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

    goTop
    quote
    Related Articles
    placeholder
    WTI Price Forecast: Trades with modest gains below $60.00; not out of the woods yetFrom a technical perspective, the black liquid has been trending lower along a downward-sloping channel since late October.
    Author  FXStreet
    Nov 07, Fri
    From a technical perspective, the black liquid has been trending lower along a downward-sloping channel since late October.
    placeholder
    Top 3 Price Prediction: BTC, ETH, and XRP struggle for recovery as downside pressure buildsBitcoin (BTC) price is hovering around $102,000 at the time of writing on Friday after losing over 7% so far this week, as bearish sentiment continues to weigh on the broader crypto market.
    Author  FXStreet
    Nov 07, Fri
    Bitcoin (BTC) price is hovering around $102,000 at the time of writing on Friday after losing over 7% so far this week, as bearish sentiment continues to weigh on the broader crypto market.
    placeholder
    Galaxy lowers Bitcoin forecast to $120K due to AI and goldGalaxy Digital lowers its year-end bitcoin target from $185,000 to $120,000 due to slowing momentum in the ‘maturity era’ of the bitcoin market.
    Author  Cryptopolitan
    Nov 06, Thu
    Galaxy Digital lowers its year-end bitcoin target from $185,000 to $120,000 due to slowing momentum in the ‘maturity era’ of the bitcoin market.
    placeholder
    What Altcoins Whales Are Buying After the Early November Crypto Crash?The early-November crypto crash caught the market off guard, contradicting expectations of a strong, bullish month.
    Author  Beincrypto
    Nov 06, Thu
    The early-November crypto crash caught the market off guard, contradicting expectations of a strong, bullish month.
    placeholder
    Solana Price Forecast: SOL rebounds as retail demand resurfaces, ETFs hold steadyCorroborating with steady institutional demand, the retail demand is resurfacing, suggesting further gains for Solana. 
    Author  FXStreet
    Nov 06, Thu
    Corroborating with steady institutional demand, the retail demand is resurfacing, suggesting further gains for Solana. 
    Live Quotes
    Name / SymbolChart% Change / Price
    BTCUSD
    BTCUSD
    0.00%0.00

    cryptocurrency Related Articles

    • Trading Chart Patterns:Ultimate Guide to Price Action
    • How to Day Trade Crypto? Simplest Day Trading Strategy Ever
    • Places that Provide Cheapest Ways to Buy Bitcoin In 2025
    • 10 Best Crypto With Most Potential to Buy and invest in 2025 - Top Picks from Expert Traders
    • What is Starknet (STRK)? Value of Starknet Coin and Project Development
    • How To Buy Bitcoin In Malaysia? Top 7 Best Crypto Exchanges & Trading Apps

    Click to view more