Daily Crypto Signals: Trump’s Executive Order and Market Movements
President Donald Trump signed a groundbreaking executive order establishing a crypto working group and exploring a national digital asset strategy, signaling a potentially pro-crypto administration approach.
The order, which temporarily halted work on a central bank digital currency, immediately impacted cryptocurrency markets, with Bitcoin experiencing volatile price movements.
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC | USD 100 | Visit Broker |
| 🥈 |  | Read Review | FSCA, FSC, ASIC, CySEC, DFSA | USD 5 | Visit Broker |
| 🥉 |  | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
| 4 |  | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
| 5 |  | Read Review | ASIC, FCA, CySEC, SCB | USD 100 | Visit Broker |
| 6 |  | Read Review | FCA, FSCA, FSC, CMA | USD 200 | Visit Broker |
| 7 |  | Read Review | BVI FSC | USD 1 | Visit Broker |
| 8 |  | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
| 10 |  | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Crypto Market Developments
Significant changes in the crypto market included Trump’s executive order, questions about exchange security, and government investigation. After noticing anomalous outflows across several blockchains totaling about $29 million, Phemex cryptocurrency exchange momentarily stopped withdrawals, generating security concerns in the crypto community.
Trump’s Executive Order on a National Digital Asset Stockpile
Trump signed an executive order forming a working committee headed by David Sacks to review crypto rules and maybe build a national digital asset reserve. The directive specifically forbade the creation of a central bank digital currency (CBDC) and instructed a thorough assessment of current crypto-related laws over thirty to 180 days.
Bitcoin Dips After Trump’s Crypto Reserve Order
After the announcement, Bitcoin’s price BTC/USD displayed instant volatility, momentarily rising to $106,850 before falling back to about $103,500. Investors were digesting the complex ramifications of Trump’s executive order, which fell short of establishing a dedicated Bitcoin strategic reserve, hence the cryptocurrency received conflicting reactions.
BNB Chain Focusing on AI-First Web3 Solutions
Emphasizing its possibilities in merging artificial intelligence with Web3 technology, BNB Chain BNB/USD positioned itself as a “AI-first” blockchain. With its total value locked (TVL) rising to $5.53 billion and hosting over 50 active projects concentrated on artificial intelligence development and blockchain integration, the platform saw notable increase.
Avalanche Price Prediction: Can AVAX Cross $70?
Avalanche showed promise despite recent pricing difficulties; trading volume climbed by 27% to $399.16 million. With experts expecting an average February price around $50, price forecasts indicate AVAX may perhaps hit $70.31 by January 30, so offering a noteworthy possible upside for investors.
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