2025.01.18 Daily Crypto News Update

According to Bloomberg, citing sources familiar with the matter, former President Donald Trump plans to issue an executive order that will elevate cryptocurrency to a policy priority and provide industry insiders a voice in the U.S. government.
The order is expected to designate cryptocurrency as a national emergency or priority, using language with strategic intent to guide collaboration between U.S. government agencies and the industry. Additionally, the order plans to establish a cryptocurrency advisory council to represent the industry and advocate for its policy priorities.

Donald Trump announced via Truth Social that he will deliver his inaugural address at 1:00 AM (January 21, Beijing Time) in the Rotunda of the U.S. Capitol Building, a location famously used by Ronald Reagan in 1985. He also mentioned plans to hold a presidential parade.
Additionally, a victory rally will take place at 3:00 PM on January 21 at the First Capital Sports Arena, and three inaugural balls will be held later that night.
Trump’s official inauguration ceremony will begin at 12:00 PM Eastern Time on January 20 (1:00 AM Beijing Time, January 21).

Following the U.S. court’s ruling on TikTok, Trump stated, “It ultimately will be up to me, so you will see what I do,” as reported by CNN.
The Biden administration had indicated it would leave the enforcement of the TikTok ban to Trump after his inauguration. Despite the potential ban, TikTok has hinted that it may “shut down” if the ban is enforced. At Trump’s inauguration, TikTok CEO Shou Chew will sit on the dais alongside other tech CEOs, which could reflect Trump’s stance on the matter.
Previously, the U.S. Supreme Court ruled that TikTok must separate from its parent company, ByteDance, by January 19, or face a nationwide ban.

The U.S. Supreme Court upheld the decision in the “ban without divestiture” case, ruling that the relevant terms do not violate the petitioner’s First Amendment rights. This decision requires TikTok to divest from ByteDance by January 19 or face a nationwide ban in the U.S.
Reports suggest that President-elect Trump may issue an executive order to suspend the ban for 60 to 90 days after taking office.

According to ai_9684xtpa monitoring, a whale has initiated short positions in both BTC and ETH, totaling a value of $37.96 million.
In the past half hour, the whale increased its BTC short position to 200 coins, valued at $20.76 million, with an average short price of $102,376. Simultaneously, a short position of 5,000 ETH was initiated, with an average short price of $3,442. The whale’s Aave lending health has also dropped to 1.85.

Bitcoin mining firm MARA embedded a portrait of President Trump in Bitcoin block BTC 879613 to commemorate his upcoming inauguration and mark him as the first Bitcoin-supporting U.S. president.
On-chain data reveals that MARA spent 1.244 BTC as GAS for this gesture.

The Government of Bhutan transferred 377.78 BTC, valued at $38.57 million, to two addresses, according to OnchainLens monitoring.
In the past hour, a total of 633.047 BTC, worth $64.57 million, was transferred. Bhutan currently holds 11,055 BTC, worth $1.13 billion.

OKX Jumpstart will kick off its Staking & Mining event on January 20, 2025, at 14:00 Beijing Time.
OKB and BTC holders can stake these assets to mine ANIME tokens as rewards. The event will run until January 23, with a total reward pool of 53,333,334 ANIME tokens for OKB stakers and 26,666,666 ANIME for BTC stakers. Staking and unstaking will be supported at any time. The ANIME token is expected to begin trading on January 23, with the specific time to be announced later.

According to Artemis data, the Ethereum network saw a net inflow of $2.64 billion over the past 7 days, ranking first.
The Base network ranked second with a net inflow of $1.274 billion, followed by Solana with $25.20 million.

Megan Barbero, the Chief Legal Officer and General Counsel of the U.S. Securities and Exchange Commission (SEC), will resign on January 20, coinciding with the inauguration of President-elect Trump.
Barbero has been instrumental in the SEC’s legal battles with the crypto industry. SEC Chairman Gary Gensler praised her as providing critical advice in the Commission’s decisions.
Her resignation adds to a wave of departures, including the resignation of SEC Enforcement Chief Gurbir Grewal in October, and Chief Accountant Paul Munter, who also plans to resign soon.