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Michael Saylor celebrated what he is calling “The Crypto Renaissance” after Donald Trump signed a pro-crypto executive order. This confirms the so-awaited crypto regulatory shift in the United States, and also a shift in Saylor’s formerly known Bitcoin ( BTC ) maximalist stance. The recent post, however, has created some controversy among the cryptocurrency group known as “Bitcoin Maximalists.” This faction of BTC supporters believe Bitcoin is the only legitimate and worth digital asset in the world. Usually, its supporters will call everything that is not BTC a “shitcoin” or a scam. For example, the Bitcoin maximalist account on X, Pledditor , asked if “Can we bring this Saylor back?” Pledditor shared the image of a Michael Saylor’s post from 2022 that paints a different picture from the recent post. In the image, the investor says that “Those using the words crypto and Bitcoin interchangeably understand neither.” Through MicroStrategy (NASDAQ: MSTR ), the executive has become one of the world’s most eager public BTC accumulator. As Finbold reported, the most recent purchase extended MSTR Bitcoin acquisitions for the eleventh consecutive week , investing over $29 billion. Can we bring this @Saylor back? pic.twitter.com/SCirlFJLTs — Pledditor (@Pledditor) January 23, 2025 Michael Saylor’s Crypto Renaissance with Trump’s executive order Yet, this is not the first time MicroStrategy ’s executive hints at a change of mind and a gradual shift from his Bitcoin maximalism. On December 25, Michael Saylor admitted being wrong about Ethereum (ETH) in an interview to Altcoin Daily , which Finbold covered. In the video, the man who once said that “there is no second best” after Bitcoin, introduced the “Crypto Renaissance” idea, arguing that a regulatory shift would favor Ethereum and other cryptocurrencies, increasing their value. The scenario Saylor forecasted in the interview seems to be playing out, as Donald Trump signed an executive order that sets the roadmap for a far more favorable environment for cryptocurrencies in the Unites States. One year ago, in January 2024, Franklin Templeton had also signaled a shift from a “laser focused” approach to BTC, declaring support to Ethereum, Solana ( SOL ), and other cryptocurrencies. Now, crypto-related businesses, developers, investors, traders, and users are eagerly awaiting the upcoming “Crypto Renaissance,” which could also pose a significant shift in mentality for other Bitcoin maximalists like Michael Saylor. This could be the missing trigger for what experts call an “Altseason,” boosting demand for other legitimate cryptocurrencies besides BTC. Featured image from Shutterstock The post Michael Saylor celebrates ‘The Crypto Renaissance’ under Trump’s executive order appeared first on Finbold .
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Cryptocurrency news Bitcoin crypto Donald Trump Michael Saylor MicroStrategy
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Trump Signs Executive Order Aiming to Support ‘Responsible Growth’ of the Crypto Industry
President Donald Trump has signed an executive order to support the “responsible growth” of the digital assets industry. According to a new memo released by the White House, Trump signed an executive order yesterday promoting the use of blockchains for individuals and entities. Other aspects of the order include protecting US citizens from the risks of Central Bank Digital Currencies (CBDCs) by barring them, promoting fair and open access to banking services for all, and defending the rights of those who choose to self-custody their assets. “The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as our Nation’s international leadership. It is therefore the policy of my Administration to support the responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy.” The order also establishes a Working Group – made up of people in key roles such as the Secretary of the Treasury, the Attorney General, and the Homeland Security Advisor – that would consider creating a crypto stockpile out of the digital assets legally frozen by the Federal Government. “The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.” Trump’s order also establishes protections for miners, saying that they could freely engage in developing, mining, and validating. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Trump Signs Executive Order Aiming to Support ‘Responsible Growth’ of the Crypto Industry appeared first on The Daily Hodl . Finbold
Europe Needs Digital Euro, Central Bank Says After Trump Order Barring US CBDC
President Trump took a hardline stance against an American CBDC—but now the European Central Bank is even more eager about a digital euro. Finbold
