Donald Trump is planning to announce executive orders on cryptocurrencies on Inauguration Day

Donald Trump is preparing to launch a series of executive orders on cryptocurrency on January 20. Dubbed the "cryptocurrency president," Trump is expected to issue the first order on Bitcoin Reserve Strategy. Next, he will provide clear regulations for cryptocurrencies and compel banks to stop closing cryptocurrency businesses. Analysts believe that these decisions could reverse the market. Trump's Bitcoin Reserves Plan The Bitcoin Reserve Strategy Plan is Trump's boldest cryptocurrency policy. The idea is that the US government will start buying Bitcoin. Agencies will be tasked with buying BTC, turning it into a strategic asset like gold or oil. No country has ever tried this, and the impact is significant. But not everyone is convinced. Luke Gromen, a macroeconomic analyst, believes that the timing may not be appropriate. Gromen said, "If Trump announces this plan on Day One, investors will run ahead of the government." It means everyone will buy Bitcoin before the United States can build its reserve, pushing the price sky high. What's the result? The United States pays the highest price for its Bitcoin reserve. Gromen suggests a more secretive approach. Accumulate Bitcoin quietly while talking about its potential. Then, when the United States has a strong position, make a big reveal. Gromen added, "It would be smarter to control the market narrative and enrich the government's treasury." No one knows whether Trump will follow this advice or not, but regardless, this plan is sure to shake up the cryptocurrency industry. Fixing the Biggest Issues of Cryptocurrency Trump's executive orders are also expected to address the chaotic regulatory environment that has plagued the cryptocurrency industry for years. Agencies such as the SEC and CFTC will have clear guidance on how to monitor cryptocurrencies. This could ultimately bring clarity to the management that companies and investors have been seeking. And more than that. Trump wants banks to stop freezing cryptocurrency companies. Currently, many traditional banks refuse to work with companies in the cryptocurrency industry, citing compliance risks. Trump's orders will compel banks to provide equal access, creating a level playing field for both startups and large companies. This could generate a new wave of activity in the market. Of course, critics have raised concerns. They argue that forcing banks to serve cryptocurrencies could open the door to money laundering and fraud. Trump's team is said to be working on compliance measures to address these risks, but no specific details have been shared yet. Market Impact Trump's plan could be a jackpot for Bitcoin holders. Analysts are betting big on price explosion, with predictions of up to $150,000 by 2025. The logic is simple: if the US government starts buying Bitcoin, demand will skyrocket. But there is one notable thing. If the US starts buying Bitcoin, other countries may follow suit. The global Bitcoin race could push prices to an absurd level, making it harder for retail investors to participate. This will change the balance of power in the cryptocurrency market, favoring governments and institutions rather than retail, aka "degens" as they like to call them. Banks, which are already struggling to adapt to the rise of decentralized finance, may face even more disruptions. Trump's policies could accelerate the decline of traditional banks while promoting alternative solutions like the DeFi platform. The financial industry is closely monitoring and they are not happy. Immigration, Energy, and Susie Wiles Cryptocurrency is not the only issue that Trump is concerned about on the First Day. Immigration is undergoing a strong overhaul. Trump plans to tighten border restrictions, enhance deportations, and cut funding for sanctuary cities unless they comply with federal law. The border wall will also return to the agenda, with unfinished parts to be completed as ordered by the federal government Energy policies will also be changed. Trump is expected to approve new drilling permits for federal lands and freeze any unfinished regulations introduced by the Biden administration. This move will excite oil companies but anger environmentalists. Susie Wiles, the chief of staff, downplayed the significance of these actions, calling the "first 100 days" an artificial standard. But the urgency is clear. Trump's team knows they need quick wins to set the tone for his presidency. With the midterm elections looming, they'll be going all-out. DYOR! #Write2Earn #Write&Earn $BTC {spot}(BTCUSDT)