Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Split Capital founder: Trump's executive orders on cryptocurrency and AI have not yet met the expectations of crypto supporters
2025-01-24 11:49:34

Odaily News U.S. President Trump signed executive orders related to cryptocurrency and artificial intelligence on Thursday, but the order caused mixed reactions elsewhere in the crypto community. Bitcoin fell about 1% to $102,750 after the executive measures were announced, because the order did not explicitly state that the largest cryptocurrency would be at the center of the national reserve as many speculated. Zaheer Ebtikar, founder of the crypto fund Split Capital, explained: "What cryptocurrency supporters want is very different from Trump's executive orders on cryptocurrency and AI. If you think about it, even if the U.S. government buys one Bitcoin, it will have a huge response because all other governments will follow and buy it. Evaluating potential national digital asset reserves is the most optimistic news." (Bloomberg)