Bitcoin stabilizes around $105K as Trump appoints pro-crypto leaders Mark Uyeda (SEC) and Caroline Pham (CFTC), boosting market optimism.

Bitcoin held a retreat from a record as traders awaited crypto policy directives from President Donald Trump following his inauguration.

Crypto market buoyant as Trump executive order expected - Incoming president tells fans to ‘have fun’ with new digital currencies

The SEC’s statement regarding the commission doesn’t really provide much insight into what it will seek to do, other than “provide clarity” on the rules regulating the crypto industry. It will likely achieve that by just stripping back those rules altogether,

But by associating himself so closely with meme coins, some crypto fans worry that Trump hurts his ability to enact reforms

President Trump’s newly released memecoin could ultimately help delegitimize the rest of the digital currency ecosystem.

He is expected to sign executive orders to elevate crypto to a national policy priority and form a Presidential Council of Advisers for Digital Assets.

Welcome to The Hill’s Technology newsletter {beacon} Technology Technology   The Big Story Trump meme coin sparks crypto world backlash President Trump is facing backlash after

Donald Trump took office as the 47th U.S. president on Monday, delivering an inaugural address that excluded any mention of digital assets. His first-day executive actions also omitted cryptocurrency policies despite earlier reports suggesting he might prioritize crypto with measures like establishing a crypto council or addressing crypto de-banking.