ChainCatcher news, according to Cointelegraph, Braden John Karony, the former CEO of the cryptocurrency company SafeMoon, has requested a judge to postpone his criminal trial, seemingly hoping that the Trump administration's stance on digital assets could lead to at least one charge being dropped.In documents submitted to the U.S. District Court for the Eastern District of New York (EDNY) on February 5, Karony requested that the federal judge delay the jury selection for his trial from March to April 2025, citing "significant changes" brought by the U.S. Securities and Exchange Commission (SEC) during President Trump's term. The legal team for the SafeMoon CEO referenced an executive order signed by Trump on January 23, which explored potential changes in U.S. digital asset regulation, as well as a statement from SEC Commissioner Hester Peirce, which suggested that the commission would consider providing "retroactive relief" for certain cryptocurrency cases.It is currently unclear when Judge Eric Komitee will make a decision regarding Karony's request. In November 2023, U.S. authorities charged Karony, Kyle Nagy, and Thomas Smith of SafeMoon with conspiracy to commit securities fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering. Karony was released on bail after paying $3 million in February 2024. Karony has pleaded not guilty to all charges.

ChainCatcher news, according to Decrypt, Standard Chartered Bank predicts that the price of Bitcoin will reach $500,000 before the end of President Trump's term. Geoff Kendrick, the global head of digital asset research at Standard Chartered Bank, stated that the price of Bitcoin will reach $200,000 in 2025, rise to $300,000 in 2026, reach $400,000 in 2027, and touch $500,000 in 2028.If the expected price is reached, the market capitalization of Bitcoin will reach $10.5 trillion, about half of the current market capitalization of gold at $19.4 trillion. This prediction is based on a net inflow of $39 billion following the launch of a Bitcoin spot ETF in the U.S., as well as the Trump administration's more favorable regulatory stance towards digital assets.

ChainCatcher news, according to Cointelegraph, Coinbase CEO stated at the Davos Forum that during Trump's presidency, the U.S. Congress may introduce new cryptocurrency legislation that would help unlock significant investments in the industry.

ChainCatcher news, Consensys CEO Joe Lubin stated that under the leadership of the new President Trump, the conflict between the SEC and cryptocurrency companies may gradually fade. Lubin mentioned that the relevant parties will "find ways to have the cases dismissed or settled."He also noted that while not all cases will be dismissed, the industry will save hundreds of millions of dollars as the field develops. Lubin emphasized that the Trump team has already "taken proactive steps" and described Trump as "a very excellent politician" who "can grasp the spirit of the times and move forward with it."

ChainCatcher news, according to CryptoSlate, Trump promised to ease cryptocurrency enforcement during his campaign. Current and former government lawyers stated at a meeting in New York on Friday that this change will occur as Trump readjusts the policies of the Department of Justice and regulatory agencies.Lawyers indicated that cryptocurrency fraud cases will not receive a free pass, but they are no longer a priority. The focus of government agencies and departments may shift to areas such as immigration enforcement, another promise made by Trump during his campaign.Scott Hartman, co-chair of the Securities and Commodities Task Force at the Manhattan U.S. Attorney's Office, stated that the office will reduce its resource allocation for crimes related to cryptocurrency. This means that the number of prosecutors handling cryptocurrency cases will decrease compared to the period during the 2022 cryptocurrency industry collapse that triggered the "crypto winter."

ChainCatcher news, according to Cointelegraph, Consensys CEO Joe Lubin stated that as Trump is re-elected as the 47th President of the United States, the ongoing legal disputes between cryptocurrency companies and U.S. securities regulators may gradually disappear.Lubin said at DevCon 2024 held in Thailand: "So my guess is that they will find a way to dismiss or resolve the cases in a way that is not embarrassing, or something like that. Maybe not all cases, maybe not all elements of the cases, but I believe our industry will save hundreds of millions of dollars in the future. I think Trump's transition team has already been actively working on this."

ChainCatcher news, according to The Block, based on the views of JPMorgan analysts, as Trump wins the U.S. presidential election, both gold and Bitcoin are expected to perform well. They specifically highlighted the concept of "devaluation trade." "Devaluation trade" refers to an investment strategy that benefits from currency devaluation or weakening, which is often caused by inflation or expansionary fiscal policies. In this trade, investors purchase assets like gold and Bitcoin, which are seen as stores of value, as they can maintain their worth even when the purchasing power of currency declines.JPMorgan analysts pointed out that retail investors are also supporting gold and Bitcoin, with investments in gold and Bitcoin ETFs increasing since last summer. This trend is expected to continue until 2025, and Trump's policies may also support these two assets. Additionally, the analysts mentioned a radical Bitcoin acquisition plan announced by MicroStrategy through its "21/21 plan," stating that Bitcoin is likely to receive further boosts.The plan involves raising $42 billion in funding over the next three years, with half ($21 billion) coming from equity and the other half ($21 billion) from fixed-income securities. Analysts noted that in 2025 alone, MicroStrategy will invest $10 billion in purchasing Bitcoin, which is roughly equivalent to the total amount it has accumulated since mid-2020.