- A national Bitcoin reserve proposal suggests a $21 billion investment, sparking debates on regulatory approval.
- Trump aims to protect crypto firms’ banking access, though immediate regulatory shifts face challenges due to independent agencies.
The cryptocurrency sector is advocating for immediate regulatory changes as Donald Trump prepares to take office. Industry leaders are seeking executive orders that could enhance banking access, regulatory clarity, and Bitcoin reserves.
Expected Executive Orders and Industry Concerns and Policy Expectations
With Trump’s campaign promises to support crypto innovation, industry stakeholders anticipate policy shifts within his first 100 days. Proposals under discussion include creating a Bitcoin reserve, ensuring crypto firms access banking services, and forming a government-backed crypto advisory council.
Regulatory figures and business leaders are closely watching the developments. Rebecca Rettig from Polygon Labs stressed the need for immediate executive action to define a clear regulatory pathway.
The appointment of crypto-friendly officials in key regulatory positions suggests an administration inclined to ease restrictions imposed in previous years.
Bitcoin Reserve Integration
Among the proposed measures, a Bitcoin reserve strategy is being discussed to bolster the United States’ position in the global digital economy. The Bitcoin Policy Institute has introduced a draft outlining the purchase of $21 billion in Bitcoin as a national reserve.
Some experts argue that such an initiative might need congressional approval, while others believe executive action could be sufficient.
Additionally, concerns over banking restrictions on crypto firms remain a focal point. Trump has previously stated his opposition to financial institutions blocking access to crypto-related businesses.
However, financial analysts note that bank regulators operate independently, making immediate policy changes complex.
Broader Implications for Crypto Regulation
ETHNews analysts predict that Trump’s administration might push for a systematic review of existing crypto regulations, mirroring his previous financial sector reforms. Such steps could influence the long-term trajectory of crypto adoption in mainstream finance.
Bitcoin (BTC) is currently trading at $92,249.79, reflecting a 3.16% increase in the last 24 hours. Its market capitalization stands at $1.82 trillion, with a 24-hour trading volume of $64.69 billion, marking a 7.12% increase.
The circulating supply is 19.8 million BTC, with a fixed maximum supply of 21 million BTC.
Bitcoin Mining and Network Security
Bitcoin’s mining sector continues to show strong and optimus, with its hashrate reaching an all-time high, signaling robust network security and miner confidence. The U.S. now holds 65% more Bitcoin than non-U.S. entities, following recent government policy shifts.
Additionally, Bitcoin ETFs have seen $1.1 billion in daily inflows, fueling institutional demand and reinforcing its store-of-value narrative.
Mining difficulty remains high, which means miners are facing increasing costs to validate transactions, but the rising price of BTC is helping to offset operational expenses.
The next Bitcoin halving is expected to further reduce new BTC issuance, potentially creating supply constraints that could drive prices higher in the long term.
With BTC’s ongoing institutional inflows and increasing mining security, the token could test the $95,000 – $98,000 range in the short term. However, if BTC struggles to hold support, a pullback toward $88,000 – $90,000 could occur before the next bullish push.
