#Trump Team Aids Crypto Industry Development#

Currently, the analysis of the Trump team's support for the development of the cryptocurrency industry mainly focuses on the following aspects:First, Ripple CEO Brad Garlinghouse said that since Trump's election, the number of agreements signed by Ripple in the United States has increased significantly, and 75% of the company's job vacancies are in the United States. He attributed this to the Trump team's friendly attitude towards cryptocurrencies and called it the "Trump bull market."Second, some analysts believe that the Trump administration may unfreeze mergers and acquisitions, which will accelerate the development of the cryptocurrency industry. Bitwise CEO Hunter Horsley believes that large companies may become larger, while medium-sized companies may shrink, which will highlight the value of cryptocurrencies, as it represents a financial system that is not controlled by large institutions.In addition, some people believe that the Trump team's policies will bring more regulatory clarity to the cryptocurrency industry, which will be beneficial to the long-term development of the industry.In summary, the market generally believes that the Trump team is positive about the cryptocurrency industry, which will drive the development of the industry. However, some people are cautious, believing that the Trump team's policies may have a negative impact on the cryptocurrency industry. Ultimately, the development of the cryptocurrency industry depends on a variety of factors, including the regulatory environment, market demand, and technological innovation.