U.S. President Donald Trump's first 100 days in office have been a flourishing reset for Bitcoin

and the crypto industry flaked by occasional questionable moments of self-enrichment.

It's Tuesday, April 29th, 2025. I'm Christine Lee. This is CoinDust Daily.

When Donald Trump was inaugurated as the 47th president of the United States, Bitcoin

touched an all-time high of $109,000.

He campaigned as a crypto president who would make the United States a Bitcoin superpower

and crypto capital of the world and set to work immediately, signing an executive

order on digital assets that establishes a presidential working group on digital asset markets,

also known as the president's crypto council, to evaluate a pro-crypto policy framework,

ban work on U.S. central bank digital currencies, and review all existing crypto regulations

within 180 days.

Bitcoin investor and PayPal Mafia alum David Sacks was tapped as head of the Crypto Council

and the White House's AI in Cryptozar. Though what really got everyone excited was when Trump

signed an executive order establishing a strategic Bitcoin reserve and US digital stockpile,

with Trump vowing not to sell America's Bitcoin, but to accumulate more and other cryptocurrencies

to address national debt.

The U.S. is the largest sovereign Bitcoin holder of about 200,000 bitcoins worth around $19 billion.

Trump also signed a congressional resolution erasing an IRS

crypto rule that made it nearly impossible for defy platforms to operate in the United States,

and he hosted the first ever White House Digital Assets Summit, inviting industry leaders to engage with the highest

levels of government and influence policy. A serious overhaul of the U.S. Securities and Exchange Commission began when Trump appointed

crypto-friendly consultant Paul Atkins as head of the agency, replacing Gary Gensler,

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