President Trump Just Signed the Most Bullish Order in Crypto History |
Friends, let me start by saying that no matter how bullish you are on crypto… You are not bullish enough. |
Events that took place over the past 24 hours will create a launch pad for the single biggest wave of wealth accumulation we have ever seen in crypto. |
Let me repeat that: YOU ARE NOT BULLISH ENOUGH. |
Let me explain… |
Since he was sworn in on Monday, President Trump has signed dozens of executive orders. |
They range from declaring an immigration crisis at the U.S. southern border to delaying the ban on the social media app TikTok. |
Amid this flurry of signings by the president was one striking omission: An executive order establishing a presidential "crypto advisory board." |
The market took it as a sign that President Trump would break his campaign pledge to make America "the crypto capital of the planet and bitcoin superpower of the world." |
Some people were even afraid he'd renege on support for a strategic bitcoin reserve. |
After hitting an all-time high of $109,588 on Inauguration Day, bitcoin pulled back to a low of $89,000 before rallying back above $100,000. |
Friends, if you're concerned about this administration's commitment to crypto, don't be. Instead, I want you to be wildly bullish. |
Although the president didn't immediately sign an executive order establishing a White House crypto advisory board – on Thursday, he did something much better. |
Something that far exceeded my expectations. |
And it will take bitcoin and the overall crypto market to massive all-time new highs. |
Below, I'll tell you what action he's already taken and what makes the recent pullback in prices an incredible buying opportunity. |
Making America the Leader in Crypto Technology |
Earlier this month, I predicted President Trump would establish a crypto advisory board soon after his January 20 inauguration. |
If established, the council will advise the president on crypto policy and work with Congress on crypto legislation. The council may be housed under the White House's National Economic Council or operate independently. |
So far, President Trump hasn't signed a new order establishing an advisory board… Instead, he's done something far more bullish. |
On Thursday, he signed a new executive order titled "Strengthening American Leadership in Digital Financial Technology." |
The order states: |
President Trump will help make the United States the center of digital financial technology innovation by halting aggressive enforcement actions and regulatory overreach that have stifled crypto innovation under previous administrations. […] The growth of digital financial technology in America must remain unhindered by restrictive regulations or unnecessary government interference. |
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Friends, this is now the official policy of the United States. |
The U.S. government has now put its full weight behind the adoption and protection of the digital asset class. |
This is what I've been predicting all along. It's just coming in the guise of a "working group" instead of an "advisory board." |
Among other things, the order establishes the President's Working Group on Digital Asset Markets to strengthen and promote U.S. leadership in digital finance. |
Can you see why I believe this is much, much bigger than the creation of a crypto advisory board? |
According to the order, the group will be tasked with developing a regulatory framework governing digital assets, including stablecoins, and evaluating the creation of a strategic national digital assets stockpile. |
It will be chaired by the White House's Special Advisor for AI and Crypto (czar) and include the Secretary of the Treasury, the Chairman of the Securities and Exchange Commission (SEC), and the heads of other relevant departments and agencies. |
Most importantly, the order directs departments and agencies to identify any regulations affecting the digital assets sector that should be rescinded or modified. |
This is a huge victory for the crypto community. And the winning doesn't stop there. |
On Tuesday, the SEC announced a new task force to create a clearer regulatory framework for crypto assets. |
The goal of the task force is to "draw clear regulatory lines, provide realistic paths to registration, craft sensible disclosure frameworks, and deploy enforcement resources judiciously." |
All of this is amazing news because it finally shows the rest of the world that the most important financial power, America, has gone from thwarting crypto to embracing it. |
That alone will bring an army of global institutional money off the sidelines and into crypto. |
But it's the next announcement that has me wildly bullish. |
On the same day, he established the Working Group, President Trump also directed the SEC to repeal Special Accounting Bulletin (SAB) 121. |
The SEC introduced SAB 121 back in March 2022. The notice requires banks that wish to be digital asset custodians to hold their clients' assets on their own corporate balance sheets as a liability. |
That means if a bank holds $1 billion worth of bitcoin on behalf of a customer, it will need to hold $1 billion worth of its own assets as security against that bitcoin. |
I've always believed SAB 121 was deliberately enacted to slow the adoption of crypto assets by U.S. institutions. Now, this roadblock is removed. This means banks can finally get into the crypto business. |
Banks can now custody crypto, create financial products around crypto, and trade crypto. |
Did you ever wonder why the big banks hated on crypto for so long? Because they didn't have a way to make money from it. |
Now that they do, bankers are falling all over themselves to offer crypto services. |
During an interview at the World Economic Forum in Davos, Bank of America CEO Brian Moynihan said, "If the rules come in and make it (crypto) a real thing you can actually do business with, you'll find that the banking system will come in hard." |
He didn't say the banking system will study crypto. He didn't say the banking system will test crypto. He said "the banking system will come in hard." |
Bankers don't use language like that lightly. You can tell he's a raging bull on crypto adoption. |
And he's not the only one… |
Morgan Stanley CEO Ted Pick said, "We'll be working with Treasury and the other regulators to figure out how we can offer (crypto services) in a safe way." |
Also speaking from Davos, David Solomon, the CEO of Goldman Sachs, said, "At the moment, from a regulatory perspective, we can't own" (bitcoin)... If the world changes, we can have a discussion about it." |
Guess what? |
The world just changed. |
Hear me when I tell you that every major U.S. bank that wants to stay relevant and highly profitable will charge into crypto to establish a beachhead among its client base or run the risk of their clients looking elsewhere. |
Crypto Is a Top Administration Priority |
Three days before his inauguration, President Trump did something historic. |
He launched his own meme coin, TRUMP token. Supporters and speculators piled in, pushing its market cap to over $70 billion in just two days. |
As of this writing, the TRUMP meme coin is valued at $41 billion (fully diluted). With President Trump and his team owning 80% of the supply, that suggests his stake is worth as much as $33 billion. |
According to Forbes, President Trump is worth roughly $6.1 billion. So he has potentially over five times his net worth tied up in his meme coin. |
With so much of his family's wealth tied up in crypto, it's obvious he will do everything and anything within his power to help grow the crypto markets. |
That means higher prices ahead… And the new administration is adding jet fuel to the fire. |
As soon as Gary Gensler, the former head of the SEC, left the building, we saw at least 50 applications filed with the SEC to launch crypto index funds. That means we'll likely see funds for altcoins like Dogecoin (DOGE) and Solana (SOL) come to market soon. |
Friends, all of last year, I told you we'd see the mass financialization of crypto assets in 2025. And that financialization will come in the form of ETFs. |
Now that SAB 121 has been repealed, expect the big banks to start offering all manner of crypto products from loans to custody to hedging instruments. |
Retail and institutional investors will have a neat ETF wrapper around their crypto holdings… and a banking industry ready and willing to provide collateralized loans. |
That means investors won't have to bother with setting up wallets and private keys or dealing with smart contracts. It'll be an easy way to have exposure to this asset class through a brokerage account. |
This flood of new ETFs and bank-supported products will create a railway for enormous amounts of institutional capital to flow into the crypto market. |
Long story short, we are at the doorstep of the single biggest migration of capital and adoption into the digital asset space anyone has ever seen. |
That first step through that doorway can only happen once. And it's happening right now. |
Friends, the bull market ahead of us will be absolutely outrageous. It will be beyond anything we've seen before… We'll see more money and more people participate in crypto than we have in any other time in history. |
And I believe one of the best ways to rip profits from this epic bull market is by trading the incredible volatility this melt-up phase will create. |
Over the next 12 months, we'll see moves so fast they'll make your head spin as billions of dollars of new capital rotates through the market. |
Long-time readers know I recommend you keep a long-term stack of crypto for wealth-building and a short-term stack for trading. |
For the long-term stuff, you play out for the macro trend and let time do the heavy lifting. And in this melt-up phase, for your short-term stack, you buy the dip and sell the rip. |
I recently launched a new trading service to take advantage of these very fast-paced moves. It's designed to capture short-term price action, which is very different from what I do in my other newsletters. |
You can learn more about it here. |
Let the Game Come to You! |
Big T |
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