FameEX Morning Crypto News Recap | January 22, 2025

Trump's First 200 Executive Orders After Inauguration Could Tackle Bitcoin-Related Matters

David Bailey, CEO of Bitcoin Magazine, tweeted that Bitcoin or cryptocurrency-related executive orders were included in the first 200 orders issued by Trump after taking office. Although the exact reasons are unknown, Bailey expressed optimism, considering it a positive development for the cryptocurrency industry.

U.S. SEC Establishes Cryptocurrency Working Group to Create Regulatory Framework

On January 21, 2025, Mark T. Uyeda, acting chairman of the U.S. SEC, revealed the formation of a cryptocurrency working group. The group’s objective is to create a clear and comprehensive regulatory framework for crypto assets.

Trump Rescinds Biden's AI Executive Order, Argues It Hinders Innovation

On his first day back in the White House, President Trump revoked multiple executive orders from former President Biden, including one related to artificial intelligence. Biden's order mandated AI companies to share safety testing data with the government. Trump criticized this move, arguing that it imposed excessive regulation and hindered technological innovation and economic progress.

Google Searches for 'How to Buy Crypto' Reach All-Time High

On January 21, Google Trends data showed that searches for "How to buy crypto" reached an all-time high with a peak score of 100, marking the first such peak in four years.

Survey Shows 47% of Americans Approve of Trump’s Early Performance

A Reuters/Ipsos poll showed that 47% of Americans approved of President Trump’s early performance. The survey also found that 58% opposed pardoning all January 6 Capitol Hill defendants, while 46% supported Trump’s immigration policies.

WisdomTree Report Anticipates Rise in Bitcoin Institutional Adoption

In its January 21 report, WisdomTree noted that Bitcoin is no longer a niche investment, thanks to increasing institutional interest. Analyst Dovile Silenskyte forecasted that Bitcoin’s institutional adoption will continue to rise this year, driven by more clients seeking exposure to cryptocurrencies.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.​