Donald Trump is set to hit the ground running on January 20 with a stack of crypto executive orders. Dubbed the “crypto president,” Trump is expected to first make an order about a Strategic Bitcoin Reserve.
Trump’s Bitcoin Reserve Plan
The Strategic Bitcoin Reserve plan is Trump’s most daring crypto policy. The idea is that the U.S. government would start buying Bitcoin. Agencies would be tasked with acquiring BTC, turning it into a strategic asset like gold or oil. No nation has ever attempted this, and the implications are enormous.
But not everyone’s convinced. Luke Gromen, a macroeconomic analyst, thinks the timing might be off. “If Trump announces this plan on Day One, investors will front-run the government,” Gromen said.
That means people will buy up Bitcoin before the U.S. can build its reserve, driving prices sky-high. The result? America pays top dollar for its Bitcoin stash.
Gromen suggests a stealthier approach. Accumulate Bitcoin quietly while talking up its potential. Then, once the U.S. has a massive position, make the big reveal. “It’s smarter to control the market narrative and enrich the government’s coffers,” Gromen added.
Whether Trump listens to this advice is anyone’s guess, but either way, this plan is set to send shockwaves through the crypto space.
Fixing Crypto’s Biggest Problems
Trump’s executive orders are also expected to tackle the chaotic regulatory environment that’s plagued the crypto industry for years. Agencies like the SEC and CFTC will get clear guidelines on how to oversee cryptos. This could finally provide the regulatory clarity that companies and investors have been begging for.
And there’s more. Trump wants banks to stop freezing out crypto businesses. Right now, many traditional banks refuse to work with companies in the crypto industry, citing compliance risks.
Trump’s orders would force banks to provide equal access, leveling the playing field for startups and big players alike. This could unleash a flood of new activity in the market.
Critics, of course, are already raising concerns. They argue that making banks cater to crypto could open doors to money laundering and fraud. Trump’s team is reportedly working on compliance safeguards to address these risks, but no details have been shared yet.
The Market Impact
Trump’s plans could be a jackpot for Bitcoin holders. Analysts are betting big on a price explosion, with projections topping 150,000 by 2025. The logic is simple: if the U.S. government starts buying Bitcoin, demand will skyrocket.
But there’s a catch. If America starts buying Bitcoin, other countries might follow. A global Bitcoin race could push prices to absurd levels, making it harder for retail investors to get in.
This would change the balance of power in crypto markets, favoring governments and institutions over retails, or “degens”.
Banks, already struggling to adapt to the rise of decentralized finance, could face even more disruption. Trump’s policies could accelerate the decline of traditional banking while boosting alternatives like DeFi platforms. The financial sector is watching closely, and they’re not happy.
Get Ready for the Crypto Shakeup
Donald Trump’s return to power is likely to send shockwaves through the crypto industry. Whether it’s the bold move to establish a Strategic Bitcoin Reserve or forcing banks to play fair with crypto businesses, these policies will reshape the market.
Love him or hate him, Trump’s next term is shaping up to be a wild ride for crypto. If you’re a Bitcoin holder, buckle up. The market is about to change — and fast.
But remember: always do your own research (DYOR) before making any financial decisions. You can start by visiting blog.millionero.com for insights and updates. And if you’re ready to trade, come explore spot and perps trading on millionero.