Big Breaking: President Trump Talks Bitcoin ATH, SEC Crackdown, and America’s Crypto Future

President Donald Trump Donald Trump   Donald J. Trump is a US-based entrepreneur, Pro-crypto Politician, and the 45th and 47th President of the United States of America. He understands the importance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto leader.   Quick Facts   Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Known For Businessman, Pro-Crypto Politician   Once doubtful about Bitcoindominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his kitty. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency.   Donald Trump - Career Highlights & Events   2016 – Elected as the 45th President of the United States from the Republican Party.   2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments   2019 – Criticized Bitcoin and Libra on X, dubbing them as "not money"   2024 – Campaign signals potential openness to crypto-friendly reforms   2025 –  Elected as the 47th President of the United States from the Republican Party.   A meme coin, $TRUMP, is associated with Donald Trump, which is listed on the Solana blockchain platform. His family also backs World Liberty Financial (WLF), a crypto venture.     President spoke at the FII Priority Summit in Miami on Wednesday, covering topics such as Bitcoin and the Department of Government Efficiency (DOGE). He opened up about the strong recovery of America’s economy since his election, citing significant improvements since November 5th. 

The Nasdaq has risen nearly 10%, the Dow Jones Industrial Average has gained 2,200 points, and Bitcoin has reached new all-time highs. Trump expressed his goal of making America the leading hub for cryptocurrency, aiming to keep the country at the forefront of the industry.

“Bitcoin set multiple all-time record highs because everyone knows that I’m committed to making America the crypto capital,” He said. 

“We want to stay at the forefront of everything, and one of them is crypto, and Miami seems to be the center of the action, come to think of it, and maybe it’ll stay there.”He added,

Criticism of the SEC and Its Stance on Crypto

Trump also took the opportunity to criticize the SEC under the Biden administration, particularly former SEC Chair Gary Gensler, who left the agency last month. 

• Also Read :
•   SEC Drops Case Against Crypto Firms – A Win for DeFi & Blockchain Innovation
• ,

Trump stated, “We ended that war totally,” referring to the SEC’s stance on crypto. He added that the SEC had been hostile toward the industry until the very end, but with so many people invested in Bitcoin and crypto, they changed their tone, becoming “very nice” just before Gensler’s departure.

Before and since taking office, Trump has shown strong support for digital assets. He appointed crypto-friendly former regulator Paul Atkins to lead the U.S. Securities and Exchange Commission (SEC). Trump’s recent remarks come amid various developments in the crypto world, including Elon Musk-led DOGE’s investigation against the SEC. Additionally, the SEC has paused its ongoing cases against major cryptocurrency exchanges Binance and Coinbase. 

FAQs