Donald Trump has officially been sworn in as President of the United States.
Donald J. Trump has officially begun his second mandate after being sworn in during the inaguration ceremony in the U.S. Capitol, which so happens to coincide with Marthin Luther King day.
During the inaguration ceremony, besides Trump and Vice-President J.D. Vance’s families, you could see former presidents Barack Obama, George Bush, as well as Elon Musk, Jeff Bezos and many other billionaires.
“I will give people back their wealth, democracy and their freedom,” Trump swore, adding “Over the past 8 years i have been challenged more than any other president in american history. There were those who wished to stop my cause and end my life, but I was saved by God to make America greate again.”
“We will not forget our country, we will not foget our constitution, we will not forget our God. Today I will sign many executive orders to restore America. I will first declare a national emergency on the southern border. All illegal entry will immediately be halted. We will begin returning millions of illegal aliens to where they came from. We will be designating cartels as foreign terrorist organisations.”
“The inflation crisis was caused by massive overspending and i will declare a national energy emergency – we will drill baby, drill. America will be a manufacturing nation once again”
On a side note, just before his inaguration ceremony, Trump shocked the crypto world wtih the launch of his new memecoin TRUMP, followed by another crypto MELANIA, named after his wife. Both tokens took the top 100 coins by a storm and TRUMP even positioned itself as the 14th largest cryptocurrency, before crashing 40%.
Coinbase CEO Brian Armstrong has spotlighted a significant acceleration in institutional crypto adoption, driven largely by the surging popularity of exchange-traded funds and increased use of Coinbase Prime among major corporations.
The latest market turbulence, fueled by geopolitical tensions and investor fear, offered a textbook case of how sentiment swings and whale behavior shape crypto price action.
Jefferies chief market strategist David Zervos believes an upcoming power shift at the Federal Reserve could benefit U.S. equity markets.
Anchorage Digital, a federally chartered crypto custody bank, is urging its institutional clients to move away from major stablecoins like USDC, Agora USD (AUSD), and Usual USD (USD0), recommending instead a shift to the Global Dollar (USDG) — a stablecoin issued by Paxos and backed by a consortium that includes Anchorage itself.