FameEX Morning Crypto News Recap | January 22, 2025

Trump's First 200 Executive Orders After Inauguration May Address Bitcoin-Related Issues

Bitcoin Magazine CEO David Bailey confirmed via tweet that Bitcoin or cryptocurrency-related executive orders were part of the first 200 orders issued by Trump after taking office. While the specific reasons remain unclear, he expressed optimism, calling it good news for the crypto industry.

U.S. SEC Forms Cryptocurrency Working Group to Develop Regulatory Framework

Mark T. Uyeda, acting chairman of the U.S. Securities and Exchange Commission, announced on January 21, 2025, the creation of a cryptocurrency working group. The group’s goal is to develop a comprehensive regulatory framework for crypto assets.

Trump Cancels Biden's AI Executive Order, Claims It Stifles Innovation

On his first day back in the White House, U.S. President Trump revoked several executive orders from former President Biden, including one on artificial intelligence. Biden's order required AI companies to share safety testing data with the government. Trump criticized the order for excessive regulation, claiming it stifled technological innovation and economic growth.

Google Search for 'How to Buy Crypto' Hits All-Time High

On January 21, Google Trends data revealed that searches for "How to buy crypto" hit an all-time high, reaching a peak score of 100. This marks the first such peak in four years.

Survey Reveals 47% of Americans Approve of Trump's Performance in His Early Days

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

WisdomTree Report Predicts Growth in Bitcoin Institutional Adoption

On January 21, WisdomTree highlighted in its report that Bitcoin has moved beyond a niche investment due to growing institutional interest. Analyst Dovile Silenskyte predicted that institutional adoption of Bitcoin will continue to rise this year, with 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.