It has been one month since US President Donald Trump was sworn into office and began making sweeping and controversial changes, many of which directly affect the cryptocurrency industry.
Just 30 days into his presidency, Trump has cherry-picked several pro-crypto executives for top regulatory roles, and he’s created the Department of Government Efficiency (DOGE), a temporary contracted organization in which Elon Musk serves as de facto leader.
During Trump and Musk’s affectionate interview on Feb. 18, the duo said DOGE — and Musk himself — aim to give “tech support” to the administration, streamlining what it perceives as wasteful spending and radically restructuring federal agencies.
Here’s a look at the major crypto-related events that have defined Trump’s 30 days in office.
Jan. 20 — Trump’s World Liberty Financial bags millions on inauguration day
Trump’s first day ushered in a slew of executive orders — 42, to be exact. The crypto industry was disappointed to learn none were aimed in its direction, but pundits didn’t have to wait long.
The US president made waves when he launched his own memecoin, TRUMP, on the Solana blockchain. The token pumped to a $15-billion market capitalization on Jan. 19 before dropping some 40% on Jan. 20. Days later, First Lady Melania Trump announced her eponymous memecoin, MELANIA.
On inauguration day, the Trump family’s decentralized finance venture, World Liberty Financial (WLFI), marked the occasion by buying nearly $47 million in cryptocurrencies. The purchase brought the total holdings of WLFI up to $326 million.
