Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13105
Markets: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino
Market Cap
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
BTC Pulse 2025-03-16 20:50:00

Crypto’s New Era? Kevin O’Leary Champions Trump’s Vision, but Skeptics Remain

Crypto’s New Era? Kevin O’Leary Champions Trump’s Vision, but Skeptics Remain

Trump’s Crypto Initiative: A New Day or a Illusion? While President Donald Trump is stepping up as an ally of cryptocurrency, the market remains divided—some envision promise, others an impending catastrophe. Kevin O’Leary’s Perspective: A New Era for Crypto? Investor Kevin O’Leary has voiced strong support for Trump’s crypto policies, arguing that they mark a new phase for digital assets in the U.S. Speaking on My View with Lara Trump, O’Leary stated, “All the crypto cowboys are in jail or out of business. So now we’re in a new phase.” The billionaire investor himself made losses during the infamous collapse of FTX believes that the Trump administration will restore much-needed stability. Since regulatory uncertainty plagued crypto for decades, O’Leary finds Trump’s stand to be a game-changer. The Dark Side of Crypto’s ‘New Phase’ But, in spite of O’Leary’s optimism, scams still dominate crypto. Rug pulls, hacking, and insider manipulation remain the modus operandi. Critics have argued that Trump’s endorsement of crypto benefits the political insiders at best, far from giving the long-term security of regular investors. Trump’s Strategic Bitcoin Reserve: A Game Changer? Trump signed an executive order building a Strategic Bitcoin Reserve that includes some cryptocurrencies—XRP, SOL, and ADA—among government-supported assets. His followers see it as a major step toward mainstream acceptance, but its validity has been called into question by doubters. Meanwhile, the SEC’s hard line against Binance and Coinbase appears to be losing steam, fueling rumors that only those businesses approved by Trump will remain. Critics Sound the Alarm Crypto journalist Zack Guzmán warns that Trump’s participation puts the industry’s credibility at risk. “Crypto is at an existential moment… Trump has grifted in every way to make money,” he posted on Jan. 18. Others, like former White House Communications Director Anthony Scaramucci, refer to Trump’s approach as “Idi Amin-level corruption.”. Trump’s official memecoin launch has also drawn scorn. The coin initially skyrocketed 10,000% before plummeting more than 84%. Most interpret this as evidence of opportunistic market manipulation. O’Leary Undeterred Despite widespread skepticism, O’Leary is still convinced Trump’s policies will make crypto mainstream like no administration ever has. “This will be the first administration that says this industry belongs in America,” he insists. But whether Trump’s promises translate into real regulatory transparency or are simply political theater remains to be seen. Meanwhile, the world of cryptocurrency observes with equal measures of hope and deep skepticism.

Most Read News

Market Cap
24h Vol
60.37%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.