<p>On Monday, January 20, 2025, at noon (Eastern Time), Donald Trump was inaugurated as the 47th president of the United States during a ceremony at the Capitol in Washington D.C. This inauguration undoubtedly marks the beginning of a new era for the cryptocurrency industry! With anticipated pro-crypto policies, investors are expecting significant changes and increased adoption of blockchain technologies.</p> 
<h2 id="h-key-takeaways">Key Takeaways</h2> 
<p>Donald Trump becomes president of the United States for the second time, <a href="https://www.cointribune.com/en/second-assassination-attempt-on-donald-trump-bitcoin-drops-by-2-74/">having escaped two assassination attempts</a> before the 2024 elections. During the election period, Trump made bold promises to the crypto industry, including turning the United States into a true crypto paradise, creating a national Bitcoin reserve, and firing Gary Gensler, the former SEC chairman. These commitments have sparked great enthusiasm among cryptocurrency investors.</p>
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<p>Especially since before his inauguration, Donald Trump <a href="https://www.cointribune.com/en/trump-launches-an-official-memecoin-and-divides-the-crypto-community/">launched his own memecoin</a>, the $TRUMP, which quickly reached a market capitalization of several billion dollars. Two days later, his wife Melania Trump followed suit by launching her own memecoin, the $MELANIA, adding to the excitement and ethical concerns regarding the presidential family’s involvement in the crypto industry. These events marked a period of volatility and anticipation in the cryptocurrency universe, as investors await to see how Trump’s pro-crypto policies will materialize.</p> 
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<p>During his inauguration speech on January 20, Donald Trump made no mention of the strategic Bitcoin reserve or cryptocurrencies. Furthermore, cryptocurrencies are not among the immediate priorities in <a href="https://punchbowl.news/wp-content/uploads/FILE_0886.pdf">the document sent by Republican legislators</a>, raising concerns among investors. Users express their disappointment, stating that he now seems indifferent to crypto since becoming president.</p> 
<p>In addition, SEC Commissioners Hester Peirce, Caroline Crenshaw and Mark Uyeda issued an official statement today, following Donald Trump’s inauguration, announcing Gary Gensler’s departure as SEC Chairman. They expressed their gratitude for his service and commitment to investors. Trump will subsequently appoint Caroline Pham, a member of the Commodity Futures Trading Commission (CFTC), as acting chairwoman of the financial regulator. In an announcement shared this January 20, a Pham representative said she would temporarily replace former CFTC chairwoman Rostin Behnam until Trump nominates a permanent head that the Senate could confirm.</p>

Investiture Of Donald Trump

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