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President-elect Trump, attending the opening ceremony of the New York Stock Exchange (NYSE) on the 13th, announced his ambition for cryptocurrency in an interview with CNBC. In an interview with Jim Cramer, the President-elect emphasized that he does not want rival countries like China to accept cryptocurrency, and that the United States will take the lead in the cryptocurrency field.
2. Chainlink and Aave Soar as Trump's 'World Liberty Financial' Invests
The DeFi project 'World Liberty Financial' run by the Trump family invested $1 million each in Chainlink (LINK) and Aave (AAVE) on the 12th, causing Chainlink and Aave to surge. On-chain analysis platform Lookonchain announced that it confirmed through Etherscan that World Liberty Financial invested $10 million in Ethereum (ETH) and $1 million each in Chainlink and Aave. Chainlink and Aave surged about 31% and 23.5% respectively on the 12th.
3. Texas State Representative Introduces Bill for State Government to Accumulate Bitcoin
Giovanni Capriglione, a Texas state representative, introduced a bill to the state legislature on the 13th that would require the state government to accumulate Bitcoin (BTC) as a reserve asset using voluntary donations from Texas residents, and hold it for at least 5 years.
4. 'Crypto-Friendly' French Hill Appointed Chair of US House Financial Services Committee
Representative French Hill, who was at the forefront of establishing a comprehensive cryptocurrency regulation in the United States, was appointed Chair of the US House Financial Services Committee on the 12th.
5. Cryptoquant "Ethereum Will Hit $5,000 Due to Institutional Demand"
The on-chain analysis platform Cryptoquant claimed in a report released on the 12th that the price of Ethereum (ETH) will soon break through $5,000 due to institutional demand.
