Is Trump Good For Crypto?! Here Are The Facts!
Published: 2024-07-27
Status:
Available
|
Analyzed
Published: 2024-07-27
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Donald Trump expresses a positive and open-minded stance towards cryptocurrency and its related industries.
"I'm very positive and open-minded to cryptocurrency companies and all things related to this new and burgeoning industry."
Pending
Donald Trump states the US must lead in the crypto field and vows that under his leadership, crypto will not suffer a slow and painful death as he claims it would under Joe Biden.
"our country must be the leader in the field there is no second place crooked Joe Biden on the other hand the worst president in the history of our country wants it to die a slow and painful death that will never happen with me"
Pending
The crypto market has historically reacted positively to news related to Donald Trump, and a victory in the upcoming election would likely result in a significant market rally.
"well BTC rallied on the news of Trump's election win in 2016 on the news of his crypto disc in 2019 and on the news of the attempt on his life just recently frankly the crypto Market seems to like him and after four years of crypto being alienated by the Biden Administration a trump victory in November would most likely be met with a big green candle"
Pending
JD Vance, a potential VP pick for Trump, is known to own Bitcoin and has a background in crypto venture capital and has shown support for crypto as a senator.
"The first name that Springs to mind is his vice presidential pick and Peter teal acolyte JD Vance who reported owning between 100,000 and $250,000 of BTC back in 2022 Vance previously ran a crypt VC firm backed by a16z and teal and as a senator has indicated his support for crypto on on a number of occasions"
Pending
A Trump donor suggests that Trump intends to 'end the Crusade against crypto within 1 hour of taking office,' implying a significant policy shift at the SEC.
"Trump donor Jacob hellberg told Reuters that Trump plans to quote end the Crusade against crypto within 1 hour of taking office"
Pending
It is predicted that SEC Chair Gary Gensler will resign in February if Donald Trump is elected president.
"10x research founder Marcus thielen predicted that gendler will voluntarily resign by February if Trump is elected"
Pending
A strong rumor suggests that Donald Trump might announce the US will adopt Bitcoin (BTC) as a strategic reserve asset, aligning with proposed legislation by Senator Cynthia Lummis.
"The most potent rumor is that Trump could announce that he would adopt BTC as a strategic Reserve asset for the United States something which Pro crypto Senator Cynthia lumus will or perhaps already has revealed as a bill to be passed"
Pending
The US Department of Justice holds a significant amount of Bitcoin (200,000 BTC) and could potentially transfer these holdings to the Treasury Department to begin accumulating more.
"the US Department of Justice is already the the biggest BTC whale in the world after Satoshi Nakamoto according to koses the doj could just transfer its 200,000 BTC to the treasury Department which could then begin accumulating and hodling more"
Pending
There is a 10-to-1 odds prediction against the US establishing a Bitcoin strategic reserve within the next four years.
"Arry Paul Chief Information officer of the institutional investment firm blocktower Capital has gone on record saying he would quote lay 10 to one against the possibility of the us creating a BTC strategic Reserve in the next four years"
Pending
There are pending legislative proposals, including the Lummis-Giller brand payment stablecoin act for stablecoins and the blockchain regulatory certainty act to clarify regulations for blockchain developers.
"there is already a regulatory framework for stable coins in the pipeline in the lumus Giller brand payment stable coin act and then there's the blockchain regulatory certainty Act which would clarify that quote blockchain developers and service providers that do not custody customer funds are not money transmitters"
Pending
Republican lawmakers have generally shown more support for crypto-related legislation, such as the repeal of SEC rule SAB 121, which was passed by Congress before being vetoed by President Biden.
"most crypto related legislation has found more support among Republican lawmakers than democrats for example earlier this year there was a vote to make it easier for banks to custody crypto with the repeal of the controversial SEC role Sab 121 Republicans carried this Motion in the house and the Senate before Biden vetoed it"
Pending
The FIT 21 bill, led by Republicans, aims to provide regulatory clarity for crypto by splitting jurisdiction between the SEC and CFTC, despite some controversy.
"then there was fit 1 the bill that would split regulatory jurisdiction over crypto between the SEC and the cftc although it has stirred controversy in some quarters fit 21 is nevertheless an attempt to bring regulatory Clarity to crypto again led by Republicans"
Pending
While Donald Trump's recent pro-crypto stance offers cautious optimism, his history of unpredictability and contradictory statements suggests policy changes could be abrupt.
"Trump's new enthusiasm for crypto does give us grounds for cautious optimism at the same time though his historic flip-flopping and recent contradictory statements about for example Jamie Diamond remind us that he is highly unpredictable and prone to abrupt policy changes"
Pending
Donald Trump is making an easy appeal to crypto voters due to a lack of competition and his strong chance of winning the election.
"With no visible competition for the crypto vote and a strong chance of winning in November Donald Trump is appealing to us on easy mode"
Pending
Despite Trump's new enthusiasm for crypto, his history of flip-flopping and contradictory statements suggest he is unpredictable and prone to abrupt policy changes, offering grounds for cautious optimism but also uncertainty.
"Trump's new enthusiasm for crypto does give us grounds for cautious optimism at the same time though his historic flip-flopping and recent contradictory statements about for example Jamie Diamond remind us that he is highly unpredictable and prone to abrupt policy changes"
Pending
There is a strong rumor that Donald Trump might announce the adoption of Bitcoin as a strategic reserve asset for the United States.
"Trump could announce that he would adopt BTC as a strategic Reserve asset for the United States"
Pending
The Bitcoin market has historically rallied on news related to Donald Trump, including his election win, his 'crypto diss' in 2019, and a recent attempt on his life.
"BTC rallied on the news of Trump's election win in 2016 on the news of his crypto disc in 2019 and on the news of the attempt on his life just recently"
Pending
While Trump or the next president might state intentions regarding Bitcoin, establishing a Bitcoin strategic reserve is considered unlikely by Arry Paul within the next four years.
"I find it quote plausible that Trump might say it or that the likely next president might pledge not to sell any of the government's current BTC Holdings for example but this doesn't mean he would actually establish a Bitcoin strategic Reserve"
Pending
Arthur Hayes expresses concern that some crypto pundits mistakenly believe Trump is sincere about crypto and will abandon his pro-crypto stance once in office, stating that 'anything related to crypto will be a distant memory'.
"I'm dismayed that many crypto pundits who should know better are now blindly throwing fancy fundraisers for the Trump campaign they erroneously believe that Trump is sincere and that if they just donate enough money operation Chokehold crypto will vanish that is poppycock once in office anything related to crypto will be a distant memory"
Pending
Arry Paul believes it's plausible that Trump might talk about or pledge not to sell government Bitcoin holdings, but establishing a Bitcoin strategic reserve within four years is unlikely.
"I find it quote plausible that Trump might say it or that the likely next president might pledge not to sell any of the government's current BTC Holdings for example but this doesn't mean he would actually establish a Bitcoin strategic Reserve"
Pending
Arthur Hayes predicts that Trump will abandon his pro-crypto stance once in office, viewing any crypto-related initiatives as temporary and insignificant.
"I'm dismayed that many crypto pundits who should know better are now blindly throwing fancy fundraisers for the Trump campaign they erroneously believe that Trump is sincere and that if they just donate enough money operation Chokehold crypto will vanish that is poppycock once in office anything related to crypto will be a distant memory"
Pending
Bitcoin's price has historically reacted positively to news surrounding Donald Trump, including his election, his critical remarks on crypto, and a recent assassination attempt.
"BTC rallied on the news of Trump's election win in 2016 on the news of his crypto disc in 2019 and on the news of the attempt on his life just recently"
Pending
Arthur Hayes predicts that once in office, Trump will likely disregard his pro-crypto stance, making crypto a 'distant memory'.
"I'm dismayed that many crypto pundits who should know better are now blindly throwing fancy fundraisers for the Trump campaign they erroneously believe that Trump is sincere and that if they just donate enough money operation Chokehold crypto will vanish that is poppycock once in office anything related to crypto will be a distant memory"
Pending
Arry Paul considers it plausible that Trump might talk about or pledge not to sell government Bitcoin, but establishing a Bitcoin strategic reserve in the next four years is unlikely.
"I find it quote plausible that Trump might say it or that the likely next president might pledge not to sell any of the government's current BTC Holdings for example but this doesn't mean he would actually establish a Bitcoin strategic Reserve"
Pending
Arthur Hayes predicts that Trump will likely abandon his pro-crypto stance once in office, rendering any crypto initiatives a 'distant memory'.
"I'm dismayed that many crypto pundits who should know better are now blindly throwing fancy fundraisers for the Trump campaign they erroneously believe that Trump is sincere and that if they just donate enough money operation Chokehold crypto will vanish that is poppycock once in office anything related to crypto will be a distant memory"
Pending
Bitcoin has historically experienced price rallies in response to news events concerning Donald Trump, including his election, critical comments on crypto, and a recent assassination attempt.
"BTC rallied on the news of Trump's election win in 2016 on the news of his crypto disc in 2019 and on the news of the attempt on his life just recently"
Pending
Jacob Hellberg predicts that Donald Trump plans to end the 'crusade against crypto' within one hour of taking office if elected.
"I'm confident it will reach $130,000 by 2025."
Pending
Republican lawmakers generally have more crypto-industry-friendly records, but it's unclear if this will extend to a second Trump presidency.
"we're talking about matters of of the legislature now rather than the White House Republican party lawmakers do tend to have more crypto industry friendly records but whether this would also be true for a second Trump presidency is less clear"
Pending
The Republican party platform officially pledges to 'end Democrats' unlawful and unamerican crypto Crackdown'.
"end democrats' unlawful and unamerican crypto Crackdown"
Pending
Trump's actions or inactions regarding existing crypto legislation, such as the stablecoin act and the blockchain regulatory certainty act, will indicate how crypto will be treated over the next four years.
"Trump's action or inaction on the currently existing proposals could foreshadow how crypto will be treated over the next four years"
Pending
Marcus Thielen predicts that SEC Chair Gary Gensler will voluntarily resign by February if Trump is elected.
"gendler will voluntarily resign by February if Trump is elected"
Pending
The US and global crypto community must hope that Donald Trump's recent pro-crypto rhetoric will be translated into actual policy.
"The US crypto industry and by extension the global crypto Community is left with little choice but to hope his recent rhetoric will translate into policy"
Pending
Donald Trump stated he would consider Jamie Diamond, CEO of JP Morgan Chase, for a role in his Treasury Department.
"I would consider JP Morgan Chase CEO and serial Bitcoin hater Jamie Diamond for the role"
Pending
The speaker believes that even if Trump does nothing specific for crypto, it will likely still be better than the policies of the previous four years.
"it'll probably still be better than the last four years right"
Pending
Donald Trump denied rumors that he considered Jamie Dimon for Treasury Secretary, attributing the rumor to 'the radical left'.
"I don't know who said it or where it came from perhaps the radical left but I never discussed or thought of Jamie Diamond for Secretary of the Treasury"
Pending
Donald Trump stated he is 'very positive and open-minded to cryptocurrency companies' and believes the US must be the leader in this industry.
"I am very positive and open-minded to cryptocurrency companies and all things related to this new and burgeoning Industry our country must be the leader in the field there is no second place"
Pending
Donald Trump expressed a strong desire for the United States to be the leader in the cryptocurrency industry.
"our country must be the leader in the field there is no second place"
Pending
Trump's stance on existing legislative proposals like the payment stablecoin act and the blockchain regulatory certainty act will foreshadow his administration's approach to crypto policy.
"Trump's action or inaction on the currently existing proposals could foreshadow how crypto will be treated over the next four years"
Pending
Despite appearances, the 'crypto vote' might not be as significant as initially thought in the upcoming election, according to recent polling data.
"the crypto vote may not be as consequential as we would like to think in this election"
Pending
Jacob Hellberg predicts that Donald Trump plans to 'end the crusade against crypto' shortly after taking office.
"end the Crusade against crypto"
Pending
A victory for Donald Trump in the November election would likely result in a significant positive market movement ('big green candle') for crypto.
"a trump victory in November would most likely be met with a big green candle"
Pending
According to Trump donor Jacob Hellberg, Donald Trump intends to 'end the crusade against crypto' within an hour of assuming office.
"Trump plans to quote end the Crusade against crypto within 1 hour of taking office"
Pending
Given that the Democratic party has not engaged with crypto-minded voters, Donald Trump sees an opportunity ('open goal') to gain their support.
"if your opponent leaves an open goal it would be foolish not to take a punt"
Pending
If Donald Trump were to announce the adoption of Bitcoin as a strategic reserve asset, it would be highly beneficial for the crypto community and likely cause Bitcoin's price to surge.
"This would be a dream come true for large sedes of the crypto community and BTC would most likely go vertical immediately"
Pending
The Republican party platform pledges to end the Democratic party's 'unlawful and unamerican crypto Crackdown'.
"end democrats' unlawful and unamerican crypto Crackdown"
Pending
Despite pledges to address crypto policy, Trump's campaign has not provided specific plans regarding the SEC or crypto oversight.
"Trump's campaign has not detailed any plan whatsoever"
Pending
The potential announcement of Bitcoin as a US strategic reserve asset is predicted to lead to an immediate and significant price increase for BTC.
"This would be a dream come true for large sedes of the crypto community and BTC would most likely go vertical immediately"
Pending
Donald Trump is capitalizing on the lack of engagement from the Democratic party with crypto-minded voters, viewing it as a political opportunity.
"if your opponent leaves an open goal it would be foolish not to take a punt"
Pending
The crypto industry worldwide is hoping that Donald Trump's recent pro-crypto statements will translate into concrete policy if he is elected.
"The US crypto industry and by extension the global crypto Community is left with little choice but to hope his recent rhetoric will translate into policy"
Pending
Donald Trump has declared a positive and open-minded stance towards cryptocurrency and insists the US must lead the industry.
"I am very positive and open-minded to cryptocurrency companies and all things related to this new and burgeoning Industry our country must be the leader in the field there is no second place"
Pending
The outcome of existing crypto legislation, such as the stablecoin act and the blockchain regulatory certainty act, under a potential Trump administration will indicate future crypto policy.
"Trump's action or inaction on the currently existing proposals could foreshadow how crypto will be treated over the next four years"
Pending
A Trump victory in November is predicted to lead to a substantial positive market reaction ('big green candle') in the cryptocurrency space.
"a trump victory in November would most likely be met with a big green candle"
Pending
Kamala Harris will struggle to gain support from crypto-focused voters and donors unless she proposes making Bitcoin the US reserve currency.
"unless Kamala Harris plans to make Bitcoin the United States new Reserve currency she will have a hard time winning back voters or donors for whom crypto is a major issue"
Pending
The Trump campaign has not provided any specific plans regarding the SEC or crypto industry regulation.
"Trump's campaign has not detailed any plan whatsoever"
Pending
It is suggested that even if Donald Trump's administration doesn't actively promote crypto, its policies might still be more favorable than those of the preceding four years.
"it'll probably still be better than the last four years right"
Pending
Donald Trump's unpredictable nature and history of policy shifts, despite his current pro-crypto rhetoric, lead to cautious optimism mixed with uncertainty regarding future crypto policy.
"Trump's new enthusiasm for crypto does give us grounds for cautious optimism at the same time though his historic flip-flopping and recent contradictory statements about for example Jamie Diamond remind us that he is highly unpredictable and prone to abrupt policy changes"
Pending
The global crypto community is hoping Donald Trump's recent pro-crypto statements will translate into policy changes if he is elected.
"The US crypto industry and by extension the global crypto Community is left with little choice but to hope his recent rhetoric will translate into policy"
Pending
Jacob Hellberg predicts that Donald Trump will move to end 'the crusade against crypto' within his first hour in office.
"Trump plans to quote end the Crusade against crypto within 1 hour of taking office"
Pending
Donald Trump indicated he would consider Jamie Diamond, CEO of JP Morgan Chase, for a position in his Treasury Department.
"I would consider JP Morgan Chase CEO and serial Bitcoin hater Jamie Diamond for the role"
Pending
A win for Donald Trump in the upcoming election is expected to result in a significant positive surge in the crypto market.
"a trump victory in November would most likely be met with a big green candle"
Pending
Kamala Harris is predicted to face challenges in attracting crypto-focused voters and donors unless she proposes making Bitcoin the US reserve currency.
"unless Kamala Harris plans to make Bitcoin the United States new Reserve currency she will have a hard time winning back voters or donors for whom crypto is a major issue"
Pending
While Trump's current pro-crypto stance offers some optimism, his history of unpredictability and policy changes suggests caution regarding future crypto policy.
"Trump's new enthusiasm for crypto does give us grounds for cautious optimism at the same time though his historic flip-flopping and recent contradictory statements about for example Jamie Diamond remind us that he is highly unpredictable and prone to abrupt policy changes"
Pending
Donald Trump is taking advantage of the lack of engagement from the Democratic party with crypto voters, seeing it as a political opportunity.
"if your opponent leaves an open goal it would be foolish not to take a punt"
Pending
Donald Trump believes the United States must be the preeminent leader in the cryptocurrency industry.
"our country must be the leader in the field there is no second place"
Pending
The global crypto community is relying on Donald Trump's recent pro-crypto rhetoric to translate into actual policy.
"The US crypto industry and by extension the global crypto Community is left with little choice but to hope his recent rhetoric will translate into policy"
Pending
Jacob Hellberg predicts that Donald Trump aims to end the 'crusade against crypto' immediately upon taking office.
"Trump plans to quote end the Crusade against crypto within 1 hour of taking office"
Pending
There is an expectation that even if Trump does not actively implement pro-crypto policies, his administration's approach will still be more favorable than the previous four years.
"it'll probably still be better than the last four years right"
Pending
Donald Trump has publicly stated a positive and open-minded view towards cryptocurrency and emphasized the need for US leadership in the sector.
"I am very positive and open-minded to cryptocurrency companies and all things related to this new and burgeoning Industry our country must be the leader in the field there is no second place"
Pending
Donald Trump is leveraging the Democratic party's lack of engagement with crypto-minded voters as a political opportunity.
"if your opponent leaves an open goal it would be foolish not to take a punt"
Pending
The Trump campaign has not provided any concrete plans regarding the SEC or the regulation of the crypto industry.
"Trump's campaign has not detailed any plan whatsoever"
Pending
The crypto community anticipates a massive surge in Bitcoin's price if Trump announces its adoption as a US strategic reserve asset.
"This would be a dream come true for large sedes of the crypto community and BTC would most likely go vertical immediately"
Pending
The global crypto industry is hoping that Donald Trump's recent pro-crypto rhetoric will lead to tangible policy changes if he wins the election.
"The US crypto industry and by extension the global crypto Community is left with little choice but to hope his recent rhetoric will translate into policy"
Pending
The Republican party's official platform includes a pledge to end the Democratic party's 'unlawful and unamerican crypto Crackdown'.
"end democrats' unlawful and unamerican crypto Crackdown"
Pending
Kamala Harris is unlikely to win back crypto-focused voters and donors unless she proposes making Bitcoin the US reserve currency.
"unless Kamala Harris plans to make Bitcoin the United States new Reserve currency she will have a hard time winning back voters or donors for whom crypto is a major issue"
Pending
The speaker suggests that even without specific pro-crypto actions, a second Trump administration would likely be an improvement over the previous four years for the crypto industry.
"it'll probably still be better than the last four years right"
Pending
Trump's approach to existing crypto legislation, such as the stablecoin act and the blockchain regulatory certainty act, will indicate how his administration will treat the crypto industry over the next four years.
"Trump's action or inaction on the currently existing proposals could foreshadow how crypto will be treated over the next four years"
Pending
Despite Trump's current pro-crypto stance, his history of unpredictable policy shifts warrants caution, though it also provides grounds for optimism.
"Trump's new enthusiasm for crypto does give us grounds for cautious optimism at the same time though his historic flip-flopping and recent contradictory statements about for example Jamie Diamond remind us that he is highly unpredictable and prone to abrupt policy changes"
Pending
Donald Trump indicated that Jamie Diamond, CEO of JP Morgan Chase, was someone he would consider for the role of Treasury Secretary.
"I would consider JP Morgan Chase CEO and serial Bitcoin hater Jamie Diamond for the role"
Pending
A victory for Donald Trump in November is predicted to cause a significant positive surge ('big green candle') in the cryptocurrency market.
"a trump victory in November would most likely be met with a big green candle"
Pending