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- 1/14/25: Trump Plans Crypto Executive Orders 📜⚖️🇸🇻
1/14/25: Trump Plans Crypto Executive Orders 📜⚖️🇸🇻
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Top News

Specs’ Insights
1. Trump to issue crypto executive orders on day one
JUST IN: 🇺🇸 President-elect Trump expected to issue executive orders related to crypto policies on his first day in office.
— Watcher.Guru (@WatcherGuru)
8:05 PM • Jan 13, 2025
⌐◪-◪ → Will the Trump pump continue in Q1?
The Washington Post says the incoming U.S. president is planning to issue executive orders addressing crypto on his first day in office.
While the exact nature of the orders is unknown, speculation suggests they may tackle issues like de-banking and repeal the controversial crypto accounting policy (SAB121). SAB121 forces banks to count crypto as liabilities, effectively discouraging Bitcoin custody.
If reversed, this could allow banks to custody Bitcoin—a massive unlock and Michael Saylor’s third and final catalyst for Bitcoin hitting $5M.
For context, Congress already passed SAB121, but it was vetoed by the current administration. This underscores the importance of having the U.S.’s first-ever pro-crypto president.
Meanwhile, the president-elect is hosting a “Crypto Ball” this Friday ahead of his inauguration. If your heart desires, there’s a $1M/head dining option.
2. US court orders SEC to explain Coinbase rule denial
We just won our petition for a writ of mandamus at the Third Circuit. Rebuking @SECGov for its order denying our rulemaking petition, the Court held that the "SEC’s order was conclusory and insufficiently reasoned, and thus arbitrary and capricious, we grant Coinbase’s petition… x.com/i/web/status/1…
— paulgrewal.eth (@iampaulgrewal)
5:44 PM • Jan 13, 2025
⌐◪-◪ → Coinbase just keeps winning!
A federal court just ruled that the SEC wasn’t justified in refusing to provide crypto-specific regulations. The court is now demanding the SEC “explain itself” for denying Coinbase’s petition for clarity.
This is a massive win for the industry and highlights just how arbitrary the SEC’s actions have been. Coinbase went out of its way to research and file a petition asking the SEC to clarify what it considers a security, only to be sued for it.
The court’s response says it all: “If that is the reward for trying to comply with the SEC’s likely positions, then why try at all?”
Another highlight: “The SEC repeatedly sues crypto companies for not complying with the law, yet it will not tell them how to comply.”
Arbitrary and capricious.
3. Tether moves to El Salvador following license approval
JUST IN: 🇸🇻 Tether to relocate to El Salvador. 🔥
— Bitcoin Archive (@BTC_Archive)
3:31 PM • Jan 13, 2025
⌐◪-◪ → Tether is relocating to El Salvador
Tether, a company earning roughly the same profit as Goldman Sachs, is moving its headquarters to pro-crypto El Salvador.
This further cements El Salvador’s role in the crypto revolution, as one of the first nations to adopt Bitcoin as a reserve asset.
For context, El Salvador’s GDP in 2023 was ~$34B, while Tether’s net profit in 2024 was $10B. It’s hard to fathom the impact this could have on the country’s economy.
Meanwhile, President Nayib Bukele is doubling down on Bitcoin, recently committing to install a Bitcoin node in every home. Imagine your ISP setting up your modem + router + Bitcoin node!
While this benefits Bitcoin’s decentralization and resilience, the move to install nodes feels more like narrative-building than practical impact.
The bigger story is Tether’s relocation, which could go down as one of the most overlooked yet significant crypto events of the year.

Everything Else
📈 Market Snapshot
⛓️ Crypto & DeFi
Trump to host 'Crypto Ball' at inauguration with $1M dinner option
Donald Trump Jr. joins prediction market Kalshi as advisor
Cookie.fun launches AI agents index
Apple researcher dismisses crypto Mac malware fears
Sony launches Soneium mainnet, it’s Ethereum layer 2
Sony's Soneium faces backlash for memecoin blacklisting
Polymarket users bet on what Trump will say during inauguration
Bitcoin mining difficulty hits all-time high
Mid-tier exchanges gain ground with $3T market cap milestone
Sui blockchain records 7.5 billion transactions in 2024
Coinbase Base sees energy market linked to gas revenue
Tom Lee predicts Bitcoin to hit $250K by year-end
TON blockchain plans US expansion under Trump
🏦 Wall Street & VC
Jamie Dimon reiterates Bitcoin has no intrinsic value
JPMorgan predicts $3-8B inflows for SOL and XRP ETFs
XRP demand builds on ETF optimism
Sygnum Bank achieves unicorn status after $58M round
Crypto OTC trading surged 100% in 2024 due to Trump win
Crypto venture funding hits $4B in Q4 2024
Chainalysis acquires Alterya for $150M
MoonPay acquires Solana firm Helio for $175M
Capital Group reaches 5% stake in BTC holder Metaplanet
Bitwise CIO says corporate Bitcoin buying is a “megatrend”
🏛️ Legal & Regulatory
FDIC’s incoming head suggests easing crypto banking
Binance.US Chief slams SEC for fraud claims without evidence
Robinhood to pay $45M SEC settlement
Senator Warren urges stricter crypto regulations
Super Bowl bets on Crypto.com face CFTC review
Supreme Court rejects Binance appeal on securities ruling
🌎 Rest Of The World
BlackRock launches Bitcoin ETF in Canada
Italy’s largest bank, Intesa Sanpaolo, buys $1M in Bitcoin as test
Hong Kong’s Ming Shing Group buys $47M in Bitcoin
Japan’s Remixpoint boosts Bitcoin holdings to $32M
Russian nationals indicted over Bitcoin mixers
El Salvador to install Bitcoin nodes in every home
🖼️ NFTs & Metaverse
Coinbase lists Solana memecoin $PNUT for trading
Celestia’s blobs surge 10x amid rising NFT activity
Pumpkin memecoin launcher rugs token after Solana lawsuit threat
