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LIVE: Trump Pardons Ross Ulbrict, TRUMP Offical Memecoin, SEC's Pro-Crypto Pivot | Alex Thorn
Jan 22, 2025
Alex Thorn, Head of Research at Galaxy Digital, dives into the whirlwind of crypto discussions surrounding the inauguration. He provides insider insights from the Crypto Ball and elaborates on the implications of Ross Ulbricht's presidential pardon for Bitcoin's history. Thorn also reveals the buzz about a new meme coin linked to Trump, highlighting shifting sentiments in the crypto community. The conversation wraps up with exciting updates on the SEC's pro-crypto pivot and the evolving regulatory landscape, promising a brighter future for digital assets.
01:09:51
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Quick takeaways
- The pardon of Ross Ulbricht signifies a heightened awareness of justice reform within the cryptocurrency community and its challenges.
- The launch of the Trump meme coin illustrates the volatile relationship between politics and cryptocurrency, complicating brand associations in the market.
Deep dives
Surge in Crypto-Political Engagement
The recent inauguration weekend saw a significant gathering of crypto enthusiasts and industry leaders at the 'crypto ball' in Washington, D.C. Executives from major firms like Galaxy Digital and Coinbase attended, reflecting growing support for cryptocurrency within political circles. The event celebrated the relationship between the incoming administration and the crypto industry, showcasing a shift towards a more favorable regulatory outlook. Attendees expressed excitement about the administration’s potential to foster an environment conducive to digital asset innovation.
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