Trump’s Inaugural Crypto Ball: $100K Tickets & $1M Package with Private Dinner

President-elect 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 is preparing for his inauguration on January 20th. It is being reported that during the inaugural Crypto Ball on January 17th, a VIP reception will be hosted by Trump’s super PAC, MAGA Inc., featuring AI & Crypto Czar David Sacks. Despite the high-profile event, Trump himself will not be in attendance.

Exclusive tickets for the VIP reception are priced at $100,000 each, or attendees can purchase a $1 million package for four tickets, which includes access to a private dinner with President Trump at a later date.

As part of the build-up to Trump’s inauguration, crypto industry leaders are seeking to strengthen their influence within the new administration. The stablecoin company Circle made a $1 million contribution to the inaugural committee using USDC.

Crypto leaders are also vying for positions on Trump’s planned crypto advisory council, which could include up to 22 CEOs and founders. David Sacks, an early investor in Bitcoin, has been tapped to become the White House’s Chief Technology Officer and crypto czar. As inauguration day approaches, crypto executives will continue to gather in Washington.

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Will Bitcoin Price Go Up?

Bitcoin is currently trading below $94k, signaling a mixed start to the year for the cryptocurrency market. After a shaky beginning, experts suggest the market may experience a rollercoaster ride through the first quarter.

While Bitcoin and other cryptocurrencies experienced a post-election rally, some concerns about Trump’s crypto policy are emerging. On one hand, Trump’s promises could help crypto companies grow, but the potential for regulatory changes introduces a layer of uncertainty. These developments could cause Bitcoin prices to fluctuate, creating an unpredictable environment for crypto investors.

However, long-term prospects for the crypto market are still strong, according to market insiders. Meanwhile, lawmakers are expected to address important issues like stablecoins and market structure as the year progresses.