Crypto industry to host its own inaugural ball for president Trump on January 17

Source Cryptopolitan

On January 17, BTC Inc. and Stand With Crypto will host the first-ever Crypto Ball at the Andrew W. Mellon Auditorium in Washington, D.C.

The event celebrates the inauguration of President Donald Trump and Vice President J.D. Vance. Tickets? A cool $2,500 each. Time? 8:00 p.m. to midnight. Attire? Black tie, of course.

With cocktails, hors d’oeuvres, and valet parking, the crypto industry is making sure it’s seen, heard, and, most importantly, taken even more seriously than it already has been.

Crypto’s millions flood Trump’s inauguration

Trump’s inauguration committee has raked in $200 million so far, with projections of hitting $225 million by the big day. This is one of the largest in history, and crypto money is all over it. Ripple alone dropped $5 million, making it one of the top donors. Coinbase and Kraken each donated at least $1 million.

Big tech names like Jeff Bezos, Mark Zuckerberg, and Sam Altman joined the mix, each contributing $1 million. The tech sector sees crypto’s rising influence and wants a piece of the action—or at least a favorable regulatory shake-up.

Paul Atkins, a long-time crypto ally, is expected to replace SEC chair Gary Gensler. If this happens, it would end what the industry sees as an era of hostility. Atkins is viewed as someone who gets it—I mean, this guy first invested in Bitcoin over ten years ago.

Other nominees include Scott Bessent for Treasury and Howard Lutnick for Commerce. Both have pro-crypto views.

Crypto’s regulatory reset?

Later today, the 119th Congress will get to work. They’re mostly Republicans eager to push Trump’s picks through as quickly as possible, paving the way for big changes in regulations. For the crypto community, this can’t happen fast enough. Everyone’s counting on Trump to sign executive orders right after he’s sworn in.

The real action kicks off on January 20. The day starts early, with security gates opening at 6:00 a.m. ET to accommodate the crowds. By 9:30 a.m., musical performances will warm up the audience. At 11:30 a.m., dignitaries will gather for opening remarks on the Capitol’s West Front.

Then J.D. Vance will take his oath as vice president, followed by Donald Trump swearing in as the 47th president of the United States.

His inauguration speech is expected to lay out all plans for the next four years, and crypto insiders will be listening closely. Why? Because the industry anticipates immediate executive orders that could change everything.

Gary Gensler, the current SEC chair, is gonna resign right before the inauguration begins. After the ceremony, Trump and Vance will head to the President’s Room for photos and transitional documents. Lunch at the National Statuary Hall will bring together congressional leaders and select guests, setting the tone for the administration’s first official day.

A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Solana (SOL) Faces Continued Downside Risk—More Losses LikelySolana started a fresh decline from the $155 zone. SOL price is now consolidating near $145 and might extend losses below the $142 support.
Author  NewsBTC
May 06, Tue
Solana started a fresh decline from the $155 zone. SOL price is now consolidating near $145 and might extend losses below the $142 support.
placeholder
Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in MayEthereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
Author  Beincrypto
May 07, Wed
Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
placeholder
Ethereum Price Ready to Surge—$2,000 Level Could Be Within ReachEthereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
Author  NewsBTC
Yesterday 03: 39
Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
placeholder
Sui Price Forecast: SUI bulls aim for 15% gains as open interest and bullish bets increase among tradersSui (SUI) price extends recent gains, soaring10% higher at the time of writing on Thursday and approaching its key resistance level at $3.65.
Author  FXStreet
19 hours ago
Sui (SUI) price extends recent gains, soaring10% higher at the time of writing on Thursday and approaching its key resistance level at $3.65.
placeholder
Ethereum To ‘Witness Big Breakout’ In The Next Two Weeks If This Level HoldsAs price continues to trade sideways, Ethereum (ETH) has reclaimed a crucial level, which could kickstart a breakout toward the $2,100 resistance.
Author  NewsBTC
19 hours ago
As price continues to trade sideways, Ethereum (ETH) has reclaimed a crucial level, which could kickstart a breakout toward the $2,100 resistance.
goTop
quote