ChainCatcher news, according to The Block, Finality Capital Partners General Manager Adam Winnick believes that Trump's launch of TRUMP is "both fascinating and frustrating." It is fascinating because such a large-scale tokenization could have a significant impact on the crypto industry, the United States, and society as a whole.However, he also pointed out that the nature and timing of this launch are "so bold" and frustrating, "it puts our industry in the spotlight, and I just hope we are ready."This release may also pave the way for more tokens related to public figures. "Tokens may flood in, and we will see more celebrity tokens. This is a deal, but it won't be combined with it," said Dan Matuszewski, co-founder and head of CMS Holdings, which purchased TRUMP and sold it, "neither hitting the top nor the bottom."

ChainCatcher news, 1confirmation founder Nick Tomaino stated that crony capitalism has become the biggest threat to the development of the cryptocurrency industry in the United States. Although there are constant doubts about Ripple within the industry, many individuals and companies are actively lobbying the new government behind the scenes, trying to influence policy-making to gain an advantage.Tomaino emphasized that clear regulatory guidance is certainly important, but it must be centered on promoting the free development of the industry, avoiding the destruction of the U.S. cryptocurrency industry by favoring certain "well-connected" projects.

ChainCatcher news, according to The Block, the Washington research team at investment bank TD Cowen stated that while the Trump administration expressed support for the cryptocurrency industry through executive orders, this is only a "simple part."The head of the research team, Jaret Seiberg, pointed out that every president establishes committees and working groups for important issues, which symbolically shows the Trump team's level of importance placed on cryptocurrencies, but this is different from changes in regulations.He emphasized that establishing the regulatory rules needed for the industry will take "years, not weeks."

ChainCatcher news, according to a post by CryptoQuant CEO Ki Young Ju on social platform X, supports Ethereum founder Vitalik's idea. Although this may lead to poor performance for ETH, it is simply because he chooses to create value rather than make money.He also stated that the industry is on the brink of crossing boundaries, becoming a playground for scammers under brutal capitalism, similar to situations that occurred before 2018. Maintaining our sanity here is extremely challenging; cryptocurrency should be about creating value, not deceiving people.Previous news, the leadership of the Ethereum Foundation may undergo significant changes, with Vitalik Buterin discussing the goals of the foundation's transformation.

ChainCatcher news, Coinbase CEO Brian Armstrong said: "I believe we finally have the opportunity to get some regulatory clarity on some outstanding major issues in the U.S., frankly, under Gary Gensler's leadership, we haven't received any clear guidance for a long time."

ChainCatcher news, Forbes reporter Eleanor Terrett posted on the X platform that Trump personally announced the release of this token through his Truth Social and X accounts at 9:45 PM Eastern Time on Friday, while crypto industry leaders celebrated his return to the White House at the first cryptocurrency ball held in Washington, D.C.It is reported that attendees of the ball included CEOs from various crypto platforms, politicians, several new cabinet members of Trump, and his son, Donald Trump Jr. Reports indicate that after the news of the token issuance broke, some attendees were skeptical, speculating that the account of the elected president had been hacked.Trump may be aware of this news, as he was isolated in an exclusive VIP area. It is currently unclear whether he has spoken to anyone there about Trump Coin.

ChainCatcher news, according to Cryptonews, after being elected, President Trump plans to hire about 24 CEOs and founders from the crypto industry to form a crypto advisory committee. This committee may provide guidance on digital asset policy and collaborate with Congress to draft crypto legislation. It also aims to establish a strategic Bitcoin reserve, fulfilling Trump's campaign promise. Additionally, it will work with major government agencies, including the SEC, CFTC, and the Treasury, to enhance regulatory transparency and foster a favorable environment for cryptocurrencies.Currently, while many potential committee members already have connections with Trump, suitable candidates are still being evaluated.It is reported that Trump has appointed Bo Hines as the head of the newly formed crypto advisory committee, reporting directly to David Sacks.

ChainCatcher news, according to The Block, Bernstein analysts have released ten predictions for the cryptocurrency industry in 2025, reaffirming a Bitcoin price target of $200,000, and noting that the stablecoin market size will exceed $50 billion. The net inflow of funds into spot Bitcoin ETFs will surpass $70 billion, and the integration of cryptocurrency and artificial intelligence will deepen further.Bernstein refers to 2025 as the beginning of the "Era of Infinity," believing it to be a "long-term period in which cryptocurrency technology continues to evolve and gain widespread acceptance." Analyst Gautam Chhugani stated that the cryptocurrency industry will gradually detach from cyclical fluctuations, integrating into the financial system and becoming an important part of the intelligent era. The report predicts that U.S. spot Bitcoin ETFs will attract over $70 billion in net inflows, with institutional adoption rates rising rapidly, and the proportion of ETF investments held will increase from 22% in 2024 to 40%. Meanwhile, the capital expansion plans of MicroStrategy and Bitcoin miners will drive corporate financial adoption to reach $50 billion by 2025. Additionally, Bernstein expects the fusion of AI and the cryptocurrency industry to give rise to innovative fields such as decentralized AI blockchains, AI-integrated cryptocurrency wallets, and "human verification" based validation services; Bitcoin miners will also increasingly turn to AI to optimize business models and attract a broader range of institutional investors.

ChainCatcher news, according to Bloomberg, following the significant success of the cryptocurrency industry in last year's U.S. elections, Canadian digital asset companies have begun to apply the lessons they learned.It is reported that the Canadian crypto industry hopes to see digital assets become a bigger focus in that election, just like in the U.S. In July, Stand With Crypto expanded to Canada, but the Canadian branch does not intend to support candidates in the upcoming elections. Instead, its goal is to "inspire the cryptocurrency advocacy community" and launch a grassroots movement for supporters to engage in dialogue with other Canadians and their parliamentary members.Although cryptocurrency may not be a political focal point in Canada, the country has played a significant role in the industry. The second-largest cryptocurrency, Ethereum, was born in the country, and Canada is home to the world's first Bitcoin ETF. Other issues that the Canadian crypto industry lobbies for include allowing the use of Bitcoin in retirement savings plans and tax-free savings accounts, as well as incorporating crypto into open banking legislation.So far, no political party in the country has supported the industry, but digital asset companies have been trying to position crypto as a way to enhance affordability—an important focus in Canadian politics.

ChainCatcher news, Trump made some promises to the crypto industry during his campaign, and whether he will make the U.S. government a holder or even a buyer of Bitcoin remains a hot topic. SkyBridge Capital founder Anthony Scaramucci stated, "I want to remind everyone, if you think that after January 20th next year a switch will be flipped and everything will get better, and the Bitcoin and digital asset community will thrive, you are mistaken; that's not how Washington works."

ChainCatcher news, according to CoinDesk, Coinbase CEO Brian Armstrong and other leaders in the crypto industry have seen their wealth grow by billions of dollars in the political activities of 2024, despite investing heavily in supporting crypto-friendly candidates. Coinbase's political action committee Fairshake invested about $74 million in the elections, helping several candidates win. Armstrong gained an additional $129 million through stock sales after the election, with his stake in the company increasing in value by over $2 billion.Ripple Labs CEO Brad Garlinghouse and Andreessen Horowitz also invested $73 million and $70 million, respectively, to promote reforms in crypto policy. It is reported that Garlinghouse owns over 6% of Ripple and a significant amount of undisclosed XRP tokens. This election has tripled the value of Garlinghouse's XRP holdings, so his personal wealth is expected to have increased significantly as well. On the other hand, a16z co-founders Mark Andreessen and Ben Horowitz hold significant stakes in various crypto companies, and their holdings are expected to have exceeded the funds invested in U.S. politics after election day.