$100K Tickets & $1M Package with Private Dinner
President-elect Donald Trump is making ready for his inauguration on January twentieth. It’s being reported that in the course of the inaugural Crypto Ball on January seventeenth, a VIP reception will likely be hosted by Trump’s tremendous PAC, MAGA Inc., that includes AI & Crypto Czar David Sacks. Regardless of the high-profile occasion, Trump himself is not going to be in attendance.
Unique tickets for the VIP reception are priced at $100,000 every, or attendees should buy a $1 million bundle for 4 tickets, which incorporates entry to a non-public dinner with President Trump at a later date.
As a part of the build-up to Trump’s inauguration, crypto business leaders are in search of to strengthen their affect inside the new administration. The stablecoin firm Circle made a $1 million contribution to the inaugural committee utilizing USDC.
Crypto leaders are additionally vying for positions on Trump’s deliberate crypto advisory council, which might embody as much as 22 CEOs and founders. David Sacks, an early investor in Bitcoin, has been tapped to change into the White Home’s Chief Know-how Officer and crypto czar. As inauguration day approaches, crypto executives will proceed to assemble in Washington.
Will Bitcoin Value Rally?
Bitcoin is presently buying and selling under $94k, signaling a blended begin to the yr for the cryptocurrency market. After a shaky starting, specialists counsel the market could expertise a rollercoaster journey by the primary quarter.
Whereas Bitcoin and different cryptocurrencies skilled a post-election rally, some considerations about Trump’s crypto coverage are rising. On one hand, Trump’s guarantees might assist crypto firms develop, however the potential for regulatory modifications introduces a layer of uncertainty. These developments might trigger Bitcoin costs to fluctuate, creating an unpredictable atmosphere for crypto traders.
Nonetheless, long-term prospects for the crypto market are nonetheless sturdy, in keeping with market insiders. In the meantime, lawmakers are anticipated to handle necessary points like stablecoins and market construction because the yr progresses.
