The cryptocurrency world is coming together like never before to show support for President-elect Donald Trump, with a grand event set to take place in Washington, DC, on January 17. The “Inaugural Crypto Ball,” a high-profile black-tie gathering, celebrates Trump’s pro-crypto policies and signals a major shift in U.S. government strategy toward embracing digital currencies.
As the night draws closer, the stakes are higher than ever. Here’s why you should pay attention.
BTC Inc. is hosting the Crypto Ball, with co-hosts including Stand With Crypto, Exodus, Anchorage Digital, and Kraken. The event has garnered strong backing from major crypto firms like Coinbase, MicroStrategy, and Galaxy Digital, demonstrating the growing influence of crypto in U.S. politics.
Top blockchain companies, including Sui, Mysten Labs, Solana, and Uniswap Labs, are also sponsors, highlighting the important role crypto is playing in politics.
Exclusive Tickets with VIP Experiences
Tickets for the event have seen overwhelming demand, with Gold tickets sold out at $2,500 each. Remaining options include $5,000 Black tickets and exclusive VIP packages priced at $100,000 or $1 million, offering unique perks like a private dinner with Trump.
While Trump is not expected to attend, his appointed AI and Crypto Czar, David Sacks, will host the ball.
Sources suggest Trump plans to form a Crypto Advisory Council of up to 22 blockchain leaders who will help shape federal policy. On his first day in office, he’s expected to issue executive orders promoting Bitcoin and other cryptocurrencies, potentially reversing restrictive SEC policies and allowing banks to hold custody of digital assets.
As the event draws nearer, Bitcoin has shown positive movement, rising from $89K to $97K by January 15. Analysts believe the combined impact of Trump’s inauguration and the Crypto Ball could drive Bitcoin past $100K, potentially hitting new all-time highs.
With financial pledges from firms like coinbase
Bitcoin is leading today’s surge, recovering to $97K ahead of the Crypto Ball and Trump’s anticipated crypto-friendly policies.
Analysts predict Bitcoin may cross $100K, driven by the Crypto Ball’s impact and Trump’s expected crypto-friendly executive orders.
The idea of the U.S. government holding XRP as part of a national reserve might…
Coinbase Derivatives, LLC has launched CFTC-regulated futures contracts for XRP, adding to the growing list…
In a huge development for the cryptocurrency industry, Paul Atkins has officially been sworn in…
The wider crypto market may be attempting to follow the Gold price but the short-term…
The Circle Payments Network will leverage regulated stablecoins led by USDC and EURC. The CPN…
The Avalanche ecosystem has grown significantly in the past year backed by institutional investors seeking…
