The bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses could bring a cryptocurrency policy blitz in 2025

The new business venture by the Trump family is generating intensifying criticism and ethics questions, even as it has turned into an overnight phenomenon, generating a windfall on paper.

Daniel Chartraw of South Lake Tahoe, California was recently indicted on wire fraud charges alleging that through his companies Crypto-Pal LLC and TDA Global he

Advocates and holders of crypto will soon influence US policy on the emerging technology after a slew of nominations and advisory appointments by President-elect Donald Trump, who takes office on Monday.

Alexander C. Drylewski, Daniel Michael and Shaud G. Tavakoli of Skadden, Arps, Slate, Meagher & Flom LLP discuss lawsuits against the Securities and Exchange Commission concerning the purchase and sale of crypto assets and a potential shift in enforcement activity with a change in administration.

The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin ( BTC 1.17%) accounts for more than half of that value, thanks to its market capitalization of almost $2 trillion.

According to data provided by S&P Global Market Intelligence, XRP ( XRP 0.64%) was up as much as 43.2% since last Friday's stock market close and is currently up 37.3%. Hedera ( HBAR -0.91%) jumped 41% and settled in at a 31.4% gain for the week, and Stellar ( XLM 1.97%) was up 20% at its high and is now trading up 14.3%.

Banking giant JPMorgan (JPM) has forecastedthe next wave of cryptocurrency exchange-traded funds (ETFs)—focusing on Solana and XRP—could experience substantial growth if the U.S. Securities and Exchange Commission (SEC) gives the green light.

As President-elect Donald Trump begins a second term on Monday, he plans to issue an executive order making cryptocurrency a national priority, Bloomberg reports .

With crypto-friendly leadership in place, spot XRP and Solana ETFs are poised for approval in 2025, driving institutional capital and mainstream adoption of digital assets.

The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.

Advocates and holders of crypto will soon influence U.S. policy on the emerging technology after a slew of nominations and advisory appointments by President-elect Donald Trump, who takes office on Monday.