Blockchain Evangelist Quick Review: The Impact of Trump's First 100 Days on Cryptocurrency.
$TRUMP
Overview: Trump's first 100 days in office brought a complex situation to the cryptocurrency market, including regulatory actions, market volatility, and community engagement. Although specific cryptocurrency policies have yet to become fully clear, his economic and trade decisions (such as tariffs) have introduced uncertainty into the global market, indirectly affecting cryptocurrency prices and investor sentiment. Posts on X indicate that since Trump's inauguration, the total market capitalization of cryptocurrencies has decreased by $537 billion, with Bitcoin and Ethereum dropping approximately 13% and 47.8% from their historical peaks, respectively.
Bitcoin and Sustainability
Bitcoin Mining Sustainable Energy Usage Rate Rises to 52%
According to research from Cambridge University, the sustainable energy usage rate for Bitcoin mining has reached 52%, marking progress in its environmental impact. This could improve public perception of cryptocurrencies and influence regulatory attitudes.
Regulatory Dynamics
Australia Cracks Down on Idle Cryptocurrency Exchanges to Combat Crime
Australia has taken action against idle cryptocurrency exchanges to prevent them from being used for criminal activities, reflecting a global trend towards stricter regulation.
Arizona Passes Strategic Bitcoin Reserve Bill
Arizona lawmakers have passed a bill to create a strategic Bitcoin reserve, currently awaiting the governor's approval. This could signify a turning point for institutional adoption of Bitcoin or be influenced by federal policies.
DeFi Lobby Calls on Trump Administration to Stop Prosecution of Tornado Cash Developers
The DeFi community is actively engaging with the Trump administration, urging them to cease prosecution of Tornado Cash developers, a case seen as crucial for privacy and decentralized financial innovation.
South Korea's PPP Pledges to Abolish Banking Rules for Cryptocurrency Exchanges if Elected
Market Predictions and Speculation
Cardano Price Analysis: Is ADA Set for a 100% Recovery?
Analysts predict that (ADA) may achieve a 100% price recovery, reflecting some optimism despite current market volatility.
Trump Coin Sees $1.7 Billion Inflow Before Private Dinner
Trump Coin recorded a $1.7 billion inflow ahead of Trump's private dinner, sparking market speculation and updated price forecasts.
To summarize: This world is just a makeshift stage.
