Trump, Banks & Bitcoin: How do These Factors Reshape the Crypto Landscape?

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With Trump now in office and institutional Bitcoin adoption continuing, what are the key indicators we should be watching, and what does it mean for the future value of crypto? Let's analyze the market reaction and future possible outcome

D J Trump was elected as the first Bitcoin President of America for the second time and with his words, Bitcoin jumped above $100k for the first time and so far Bitcoin is in a positive trend.

He launched his own coin market, TrumpCoin, to make himself known in the crypto world. However, Donald Trump has remained steadfast on Bitcoin and has promised to pardon Ross Ulbricht for all his crimes after coming to power. However, in the future, if Bitcoin's popularity spreads and demand increases, people will keep reserves in the virtual currency instead of in banks.

at beginning i thought it was a joke

the post it was to reflect on the future not just on market but also how this can reflect the people's life

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Trump's demand for Bitcoin will go out at some point! And it seems that it will also be launched as banking! But it's just that its price will always be high! It will be expensive! I support Trump's idea of Bitcoin! Because it is a magic money, one coin of which is enough to make a dollar.

bangjoe

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I see this as an opportunity in the Bitcoin world if it is true that bitcoin will be used as a storage strategy for the US which is done gradually over time like doing DCA on Bitcoin, but regarding Trump's meme coin I really hate it.

There are some things we need to see, the US senators chosen by Trump support bitcoin and also some high positions in the US are currently very open to bitcoin which plans to make the US a crypto city and also AI, the ambition is quite serious but we will not know how the opposition there will reject it all.

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Free Crypto Faucet in Trustdice

Quote from: ? on Today at 06:45:07 AM

With Trump now in office and institutional Bitcoin adoption continuing, what are the key indicators we should be watching, and what does it mean for the future value of crypto? Let's analyze the market reaction and future possible outcome

Adopt Bitcoin or adopt Trump Coin? I'm kidding Grin

One side that came suddenly and then had a very large capitalization and now Trump Coin is more used as a reference than Bitcoin by people who are fomo. I'm quite surprised but still we really see the US as the center of the digital market industry in the future. Regulation is a benchmark that needs to be considered in the future and the US's steps will have a big impact especially for Bitcoin.

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Quote from: ? on Today at 06:45:07 AM

With Trump now in office and institutional Bitcoin adoption continuing, what are the key indicators we should be watching, and what does it mean for the future value of crypto? Let's analyze the market reaction and future possible outcome

One of the key indicators to look at is, a little bit of regulation for bitcoin. He has already created a working group to study bitcoin stockpile, other changes for crypto. I know we are all glad with Trump for his show of support for bitcoin, but I say hold on. What we should be watching for now is recommendation from the group as one of their responsibilities is to study the feasibility of a Bitcoin strategic reserve and developing a comprehensive regulatory framework.

The working group: https://www.barrons.com/articles/trump-bitcoin-stockpile-crypto-78398022?

LDL

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Quote from: ? on Today at 06:45:07 AM

With Trump now in office and institutional Bitcoin adoption continuing, what are the key indicators we should be watching, and what does it mean for the future value of crypto? Let's analyze the market reaction and future possible outcome

D J Trump was elected as the first Bitcoin President of America for the second time and with his words, Bitcoin jumped above $100k for the first time and so far Bitcoin is in a positive trend.

He launched his own coin market, TrumpCoin, to make himself known in the crypto world. However, Donald Trump has remained steadfast on Bitcoin and has promised to pardon Ross Ulbricht for all his crimes after coming to power. However, in the future, if Bitcoin's popularity spreads and demand increases, people will keep reserves in the virtual currency instead of in banks.

Ziskinberg

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With Trump now in office and institutional Bitcoin adoption continuing, what are the key indicators we should be watching, and what does it mean for the future value of crypto? Let's analyze the market reaction and future possible outcome

That would make Bitcoin even more recognized and widely accepted in the future. As you can see, the US is exploring the idea of making Bitcoin part of its national reserve, which shows they trust Bitcoin's future. This is the kind of development we've been hoping for since the early days. It seems Trump accelerated this because he has his own interests, like launching his $Trump coin. But we’re not complaining anymore since things are moving in the right direction.

Just imagine, banks accepting Bitcoin in the future as if it’s a normal currency. That would improve the Bitcoin ecosystem even more, as banks are built on trust, and their trust in Bitcoin is a big deal. There used to be talk about not needing banks because the Bitcoin network could handle banking itself. But with recent developments, it seems like banks and Bitcoin are no longer threats to each other, they’re starting to work hand in hand.

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With Trump now in office and institutional Bitcoin adoption continuing, what are the key indicators we should be watching, and what does it mean for the future value of crypto? Let's analyze the market reaction and future possible outcome

Topic: Trump, Banks & Bitcoin: How do These Factors Reshape the Crypto Landscape? (Read 46 times)