Trump's Bitcoin bull run: President, Prices and Transfer of Power

Author: Alertforalpha

Compilation: Vernacular Blockchain

Donald Trump is no longer just passively observing the trend of Bitcoin, but is actively promoting its rise. The former ( and possibly elected again ) U.S. president is becoming the most powerful advocate for cryptocurrency, publicly calling Bitcoin "amazing" and believing it creates job opportunities. This is the first time in history that a sitting U.S. president has publicly praised Bitcoin, marking a milestone.

But that's not all.

David Sachs, the cryptocurrency chief of Trump, is pushing for July to be a significant month for cryptocurrency legislation. He supports two major bills: the "Genius Act" and the "Clarity Act." If these two bills are passed before September, cryptocurrency may enter a new era of institutional acceptance and regulatory clarity.

Meanwhile, Bitcoin has just set a new all-time high of over $108,000.

Charts don't lie: the bull market is accelerating.

Need an advantage?

On-chain data shows that long-term holders are still buying, accumulating 800,000 BTC each month. Historically, long-term holders sell at the top, rather than accumulate.

Conclusion: This is not the top.

Long-term holders sold at the peak of the last cycle, and now they are adding positions. This information won't be seen on CNBC, but comes from on-chain data. If you pay attention to these signals, it is enough to change your portfolio.

The dramatic turn of events between Ripple and the SEC

Breaking news: Judge Torres has just rejected the settlement proposal between Ripple and the SEC.

Both parties requested the court to withdraw the case, but it was denied.

Reason? The SEC attempted to reduce the Ripple fine by 60% and lift the original ban, but did not meet the legal standards. Judge Torres denied it on the grounds of four years of effort, millions of dollars in costs, and no "special circumstances."

In the words of crypto lawyer John Deaton, the SEC wants to overturn the case, but the judge won't allow it.

Result? XRP holders are angry, and the regulatory battle is far from over.

Wall Street Targets DeFi, Stablecoin Legislation Is Coming Soon

Do you think retail investors react slowly? Institutions may not be slow. As the legislation for stablecoins accelerates, smart money is flowing into DeFi. The U.S. government wants to promote the development of stablecoins - not out of goodwill, but because they need someone to buy their debt.

Where does this liquidity go? It goes directly to DeFi yield farms.

As ElioTrades said: "Finance is just barrels of money looking for returns." DeFi has become the default destination. The script is already written: once the law permits, Wall Street will take action.

When they act, the scale will not be small.

Altcoin Highlights: Who is Quietly Winning

Ignoring blue-chip DeFi? You might only see the forest and not the trees. Chainlink, Ando, and the emerging ChainGPT are rising - not necessarily in price, but with strong fundamentals.

ChainGPT has locked $8 million in staking within its ecosystem.

Users can obtain AI tools, launchpad access, and passive rewards through staking or simple tasks.

This builds real network value, rather than relying solely on hype.

Yes, I am its ambassador. But I support it because I see the real growth of the community and the flywheel effect.

September is a turning point.

Last image: If this cycle is similar to 2017, the peak will appear about three months after the halving, which is at the end of September.

But the key is: even if a short-term peak arrives, this cycle may last until 2026 — coinciding with Trump's second term. He views Bitcoin and the stock market as a report card and hopes for their rise.

Conclusion: $100,000 Bitcoin sounds cool... but that's just the middle of the story.

This train will not stop.

The legislative train is accelerating.

Funds are in a wait-and-see mode.

The market... has begun to awaken.

If you are here, you are the pioneer.

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