Crypto industry to host its own inaugural ball for president Trump on January 17

Source Cryptopolitan

On January 17, BTC Inc. and Stand With Crypto will host the first-ever Crypto Ball at the Andrew W. Mellon Auditorium in Washington, D.C.

The event celebrates the inauguration of President Donald Trump and Vice President J.D. Vance. Tickets? A cool $2,500 each. Time? 8:00 p.m. to midnight. Attire? Black tie, of course.

With cocktails, hors d’oeuvres, and valet parking, the crypto industry is making sure it’s seen, heard, and, most importantly, taken even more seriously than it already has been.

Crypto’s millions flood Trump’s inauguration

Trump’s inauguration committee has raked in $200 million so far, with projections of hitting $225 million by the big day. This is one of the largest in history, and crypto money is all over it. Ripple alone dropped $5 million, making it one of the top donors. Coinbase and Kraken each donated at least $1 million.

Big tech names like Jeff Bezos, Mark Zuckerberg, and Sam Altman joined the mix, each contributing $1 million. The tech sector sees crypto’s rising influence and wants a piece of the action—or at least a favorable regulatory shake-up.

Paul Atkins, a long-time crypto ally, is expected to replace SEC chair Gary Gensler. If this happens, it would end what the industry sees as an era of hostility. Atkins is viewed as someone who gets it—I mean, this guy first invested in Bitcoin over ten years ago.

Other nominees include Scott Bessent for Treasury and Howard Lutnick for Commerce. Both have pro-crypto views.

Crypto’s regulatory reset?

Later today, the 119th Congress will get to work. They’re mostly Republicans eager to push Trump’s picks through as quickly as possible, paving the way for big changes in regulations. For the crypto community, this can’t happen fast enough. Everyone’s counting on Trump to sign executive orders right after he’s sworn in.

The real action kicks off on January 20. The day starts early, with security gates opening at 6:00 a.m. ET to accommodate the crowds. By 9:30 a.m., musical performances will warm up the audience. At 11:30 a.m., dignitaries will gather for opening remarks on the Capitol’s West Front.

Then J.D. Vance will take his oath as vice president, followed by Donald Trump swearing in as the 47th president of the United States.

His inauguration speech is expected to lay out all plans for the next four years, and crypto insiders will be listening closely. Why? Because the industry anticipates immediate executive orders that could change everything.

Gary Gensler, the current SEC chair, is gonna resign right before the inauguration begins. After the ceremony, Trump and Vance will head to the President’s Room for photos and transitional documents. Lunch at the National Statuary Hall will bring together congressional leaders and select guests, setting the tone for the administration’s first official day.

A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
US September Nonfarm Payrolls Preview: Job Growth May Cool, How Will US Stocks, Dollar and Gold React?On Friday, October 2 (EDT), the U.S. will release its September nonfarm payrolls report, with markets focusing on whether job growth can sustain August's rebound and whether the data will
Author  TradingKey
16 hours ago
On Friday, October 2 (EDT), the U.S. will release its September nonfarm payrolls report, with markets focusing on whether job growth can sustain August's rebound and whether the data will
placeholder
Gold falls to near $4,150 as higher Treasury yields, oil prices outweigh softer PCE inflationGold price (XAU/USD) tumbles to near $4,150 during the early Asian session on Thursday, pressured by elevated US Treasury bond yields. Traders await the US September employment data for fresh impetus, which will be released later on Friday. 
Author  FXStreet
21 hours ago
Gold price (XAU/USD) tumbles to near $4,150 during the early Asian session on Thursday, pressured by elevated US Treasury bond yields. Traders await the US September employment data for fresh impetus, which will be released later on Friday. 
placeholder
Gold Price Forecast: US August PCE Imminent, Will Gold Prices Rise or Fall Short-Term?As of the European session on September 30, gold prices (XAUUSD) continued to recover after a sharp drop earlier this week, reclaiming $4,200 intraday, with the latest price trading near
Author  TradingKey
Sep 30, Wed
As of the European session on September 30, gold prices (XAUUSD) continued to recover after a sharp drop earlier this week, reclaiming $4,200 intraday, with the latest price trading near
placeholder
【Daily Brief】30-year Treasury tops 5.59%, S&P 500 slips to 7,670 and gold holds $4,180 — PCE lands tonightThe 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.
Author  Suzie
Sep 30, Wed
The 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.
placeholder
【Daily Brief】The dollar ground higher for six days — and the AUD fell 2% in the very week the RBA hiked to a 15-year highThe dollar index held above 101 while the Australian dollar slid to a two-month low of 0.6976, a 2.02% six-session loss, even though the RBA raised rates to 4.60% and Australian CPI printed 4.0%. The yen is the only major currency gaining, ahead of Japan's monthly intervention tally at 7pm JST.
Author  Irene Q.
Sep 30, Wed
The dollar index held above 101 while the Australian dollar slid to a two-month low of 0.6976, a 2.02% six-session loss, even though the RBA raised rates to 4.60% and Australian CPI printed 4.0%. The yen is the only major currency gaining, ahead of Japan's monthly intervention tally at 7pm JST.
goTop
quote