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Since Donald Trump won the U.S. presidential election in November last year, Bitcoin has broken its all-time high (ATH) price several times, and the head of state is crediting his strong support for digital assets as the driving force. He has also declared an end to the previous administration’s apparent hostility towards the crypto industry, promising to position the United States as the global leader in the sector. Trump’s Pro-Crypto Vision Speaking at the Future Investment Initiative Institute conference in Miami, Trump linked Bitcoin’s recent record highs, which saw the O.G cryptocurrency go past $109,000, to his administration’s efforts. “Bitcoin set multiple all-time highs because everyone knows I’m committed to making America the crypto capital,” the President said. The 78-year-old also outlined his commitment to fostering a crypto-friendly environment, including the January signing of an executive order titled Strengthening American Leadership in Digital Financial Technology. It created a federal working group to develop a clear legal structure for digital assets. Many feel this is the first step in ending what they consider unfair regulatory practices by watchdog agencies such as the SEC, with the President seemingly of the same opinion. “I’ve signed executive orders to keep the United States at the forefront of artificial intelligence and to end Joe Biden’s war on Bitcoin and crypto,” Trump declared. “We ended that war totally. That war is over,” he reiterated. Washington now plays host to the most crypto-friendly Congress in U.S. history. Key lawmakers, including Senate Banking Committee Chair Tim Scott and his House Financial Services Committee counterpart French Hill, are leading efforts to draft regulatory frameworks for the crypto industry. Personal Crypto Involvement The U.S. President’s involvement with virtual assets goes beyond policy. He has directly engaged with the crypto market, launching the TRUMP meme coin days before his inauguration, with the token swiftly reaching billions in market capitalization. First Lady Melania Trump followed suit with her own cryptocurrency venture, even though it took the shine away from the first coin, causing it to lose more than half its value. Additionally, World Liberty Financial, a DeFi company fronted by Trump’s family, has gone on a crypto buying spree since he re-entered the Oval Office. On-chain data shows that the platform holds over $348 million in assorted cryptocurrencies, including USDC, TRX, ETH, and AAVE. The post Trump Declares End to Biden’s Crypto Policies appeared first on CryptoPotato.

U.S. President Donald Trump has attributed Bitcoin’s recent surge to his administration’s pro-crypto policies, reinforcing his vision of making America the global leader in digital assets. Speaking at the FII Priority Summit in Miami on Wednesday, Trump linked the performance of the cryptocurrency market and traditional financial indices to his leadership. “In just a few months, the Dow Jones Industrial Average is up 2,200 points, and Bitcoin has set multiple all-time record highs because everyone knows that I’m committed to making America the crypto capital,” Trump stated. “We want to stay at the forefront of everything, and one of them is crypto.” Notably, since Trump secured the Republican nomination on July 15, 2024, when Bitcoin was priced around $61,000, its value has surged to an all-time high of $109,114 on January 20, marking a gain of approximately 78.88%. Analysts attribute part of the rally to increased optimism among crypto investors, fueled by Trump’s public endorsements and promises to end regulatory hostility towards the crypto sector. The president also took aim at the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler, criticizing its past approach to cryptocurrency regulation. Trump claimed that the agency had maintained an adversarial stance toward Bitcoin and other digital assets but was forced to soften its position in the face of growing public support for crypto. “I have signed executive orders to keep the United States at the forefront of artificial intelligence and to end Joe’s war on Bitcoin and crypto,” Trump added. “We ended that war totally, that war is over. They were very hostile toward them until the very end, just because there are so many people on Bitcoin and crypto. Just before the end, the SEC came out and they were being very nice. I was so nice to people because so many people were being indicted for no reason whatsoever, very political group of people. But they pulled those indictments because they realized there were 100 million, 125 million people using crypto.” Since returning to office, Trump has taken steps to solidify his support among crypto enthusiasts. Notably, he nominated Paul Atkins, a well-known crypto-friendly figure, to chair the SEC while Brian Quintenz was nominated for the CFTC. He also issued an executive order titled “Strengthening U.S. Leadership in Digital Financial Technology,” which explicitly bans the development and promotion of central bank digital currencies (CBDCs), a move widely applauded by crypto advocates. That said, Trump’s pro-crypto stance has earned him praise from major figures in the industry, with Ripple CEO Brad Garlinghouse and Cardano founder Charles Hoskinson suggesting that his policies could elevate the U.S. as a global crypto hub.

Trump says he ended Biden’s war on cryptocurrency U.S. President Donald Trump stated that he has ended his predecessor Joe Biden's war on Bitcoin $BTC and cryptocurrencies, according to an X post by Tree News, which cited Bloomberg as its source.

Trump says he ended Biden’s war on cryptocurrency U.S. President Donald Trump stated that he has ended his predecessor Joe Biden's war on Bitcoin $BTC and cryptocurrencies, according to an X post by Tree News, which cited Bloomberg as its source.

In the rapidly evolving blockchain landscape, interoperability has emerged as a critical factor for the seamless integration of decentralized applications (dApps) and decentralized finance (DeFi) platforms. Two prominent projects at the forefront of this movement are UniLayer and LayerZero, each contributing uniquely to the ecosystem. UniLayer: Revolutionizing Decentralized Trading UniLayer is a decentralized trading platform built atop existing decentralized exchanges (DEXs) such as Uniswap. It aims to enhance the DeFi trading experience by introducing advanced tools and features typically found on centralized exchanges. Key Features of UniLayer: Automated Trading: UniLayer enables users to schedule buy and sell orders, facilitating strategic trading without constant manual oversight. Staking and Yield Farming: The platform offers staking opportunities where users can lock their tokens to earn rewards. Additionally, yield farming options are available for users to generate returns on their crypto assets. DEX Aggregation: By integrating with multiple decentralized exchanges, UniLayer ensures users access the best available prices for their trades. Launchpad for New Projects: UniLayer provides a decentralized launchpad, enabling emerging projects to raise funds in a secure and transparent environment. The LAYER Token: At the heart of the UniLayer ecosystem is its native ERC-20 token, $LAYER . This token serves multiple functions within the platform: Trading Fee Discounts: Holders of $LAYER tokens benefit from reduced trading fees on the platform. Staking Rewards: Users can stake $LAYER tokens to earn passive income, with rewards distributed proportionally based on the amount staked. Governance Participation: $LAYER token holders possess voting rights, allowing them to influence key decisions regarding platform upgrades and new features. As of February 16, 2025, $LAYER is trading at approximately $0.723181 USD, with a slight decrease of 0.11703% from the previous close. The intraday high reached $0.819188 USD, while the low was $0.03474506 USD. LayerZero: Facilitating Omnichain Interoperability LayerZero is an interoperability protocol designed to enable seamless communication between disparate blockchain networks. By providing a universal messaging layer, LayerZero allows decentralized applications to operate across multiple blockchains efficiently. Core Components of LayerZero: Ultra Light Nodes (ULNs): These serve as on-chain endpoints that facilitate the validation of cross-chain messages without the need for full nodes, ensuring efficient and secure communication. Oracles and Relayers: LayerZero employs decentralized oracles and independent relayers to transmit messages and proofs between blockchains, maintaining trustlessness and security in cross-chain interactions. Ecosystem and Integrations: LayerZero's protocol has been adopted by various projects aiming to enhance cross-chain functionality: Stargate Finance: A liquidity transport protocol that enables users to transfer assets across multiple blockchains seamlessly. Radiant Capital: An omnichain money market allowing users to deposit and borrow assets across different chains. Trader Joe: A decentralized trading platform that has integrated LayerZero to facilitate cross-chain token transfers. By focusing on trustless and efficient cross-chain communication, LayerZero aims to dissolve the barriers between isolated blockchain networks, fostering a more interconnected and versatile decentralized ecosystem. Conclusion Both UniLayer and LayerZero are making significant strides in advancing blockchain interoperability. UniLayer enhances the decentralized trading experience by providing advanced tools and features, while LayerZero addresses the critical need for seamless cross-chain communication. Together, they exemplify the innovative efforts driving the evolution of a more integrated and efficient blockchain ecosystem.