[Lunch Briefing] Trump Appoints Former Football Player Beau Hines as Virtual Assets Commission Chairman

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Bitcoin (BTC) price chart as of 12:56 pm on the 23rd./Source=Bithumb


Major virtual assets are on the rise.

As of 12:56 pm on the 23rd, based on Bithumb, Bitcoin (BTC) rose 0.07% from the previous day to 145,058,000 won. Ethereum (ETH) rose 1.71% to 5,068,000 won, Ripple (XRP) fell 0.12% to 3,348 won, BNB rose 1.26% to 1,003,000 won, and Solana (SOL) rose 3.75% to 282,400 won.



The international market is mixed.

At the same time, on CoinMarketCap, BTC recorded $95,761.40, down 1.19% from the previous day. ETH rose 0.07% to $3,350.59, XRP fell 0.9% to $2.21, BNB rose 0.24% to $663.61, and SOL rose 2.41% to $186.25.

The total market capitalization of virtual assets increased by 0.91% from the previous day to about $3.31 trillion (about 480.14 trillion won). The Crypto Fear and Greed Index of alternative.me, a virtual asset data company, fell 3 points from the previous day to 70 points, indicating 'greed'.

President-elect Donald Trump has appointed Bo Hines, a former football player, as the chairman of the virtual asset committee.

According to CoinTelegraph on the 22nd (local time), the President-elect Trump appointed Hines as the head of the virtual asset committee of the next administration. The President-elect said on Truth Social that "Hines will work with David Sachs, the next 'Cryptocurrency and AI Czar', to create an environment where the virtual asset industry can thrive, and will promote innovation and growth of digital assets in the virtual asset committee", and "will strive to secure the resources needed for virtual asset industry leaders to succeed".

Hines received political funding from a pro-virtual asset political action committee (PAC) and former FTX CEO Ryan Salame, and ran as a Republican candidate for the North Carolina State House in 2022, but lost. He later ran for the North Carolina State House again this year, but failed to secure the Republican nomination.
Kang Hae-yeon, reporter
haeyeon41@rni.kr
< Copyright holder ⓒ Decenter, Unauthorized reproduction and redistribution prohibited >

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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