Hi HODLers, Hiveans and Lions,
Another day and another appointment of a Crypto-Friendly cabinet member for the next Trump administration.
I feel we had so many of these positive news that Bitcoin and the Crypto market don't care about it anymore. I believe this is not the good way to look at it as the more pro-crypto in the government, the easier it will be to have momentum and pass good regulation.
Bitcoin Price Action
Nothing to see here!
U.S. President-elect Donald Trump named hedge fund manager Scott Bessent, a cryptocurrency enthusiast, as his pick for Treasury Secretary.
Bessent currently runs Key Square Group, a macro investing firm. He worked for prominent investor George Soros three decades ago. According to many sources, he was one of the main responsible for righly shorting the British Pound and earning more than $1bn for his Hedge Fund!
I have been excited about [Trump's] embrace of crypto and I think it fits very well with the Republican Party, the ethos of it. Crypto is about freedom and the crypto economy is here to stay,
Here we go!
Source
Stay safe out there,