{"id":6429,"date":"2025-01-07T10:32:19","date_gmt":"2025-01-07T10:32:19","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6429"},"modified":"2025-01-07T10:32:19","modified_gmt":"2025-01-07T10:32:19","slug":"trump-effect-on-crypto-bitwise-ceo-anticipates-merger-boom","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6429","title":{"rendered":"Trump Effect On Crypto: Bitwise CEO Anticipates Merger Boom"},"content":{"rendered":"
\n

A top executive of the largest cryptocurrency index fund firm expressed optimism about the impact on economic policies on the digital asset sector upon the official return of Donald Trump<\/a> to the White House this month.<\/p>\n

Bitwise Asset Management CEO Hunter Horsley recently provided fascinating insights on how the Trump administration could transform the cryptocurrency industry.<\/p>\n

Deregulation Of M&As<\/h2>\n

Horsley believes that the policies to be implemented by the incoming Trump administration could propel the cryptocurrency<\/a> sector to new heights, especially liberalizing mergers and acquisitions, saying that it could allow major American companies to expand their business further through strategic acquisitions.<\/p>\n

The Bitwise CEO thinks President-elect Trump might \u201cunfreeze\u201d mergers and acquisitions, a welcome development for the country\u2019s major companies to enhance their business foothold.<\/p>\n

\n\u201cLarge corporates \u2014 mag 7, etc \u2014 may finally be able to wield their market cap,\u201d Horsley said.\n<\/p><\/blockquote>\n

He noted that for example, retail giant Amazon could acquire Instacart, or search engine powerhouse Google could purchase Uber, saying, \u201cThe big may get bigger, and the middle may shrink.\u201d<\/p>\n

\n

Trump administration may unfreeze M&A.<\/p>\n

Large corporates \u2014 mag 7, etc \u2014 may finally be able to wield their market cap. Amazon could buy Instacart. Google could buy Uber. etc etc<\/p>\n

The big may get bigger, and the middle may shrink.<\/p>\n

If that happens, I think it will accelerate\u2026<\/p>\n

\u2014 Hunter Horsley (@HHorsley) January 5, 2025<\/a><\/p>\n<\/blockquote>\n

Accelerating Cryptocurrency<\/h2>\n

Horsley suggested that allowing major US companies to make strategic acquisitions could fuel the adoption of decentralized systems, benefiting the cryptocurrency landscape.<\/p>\n

\n\u201cIf that happens, I think it will accelerate crypto,\u201d Horsley said in a post.\n<\/p><\/blockquote>\n

The crypto index fund executive believes if large corporations accumulate more control, the demand for cryptocurrencies might soar because digital assets serve as an alternative to these institutions.<\/p>\n

\u201cThe conceptual premise of crypto is not trusting large institutions to do what\u2019s in your best interest. The big getting bigger accentuates this,\u201d he claimed in an X post.<\/p>\n

<\/p>\n

Industry Leaders Adopting Crypto<\/p>\n

Many analysts observed that blockchain technology and digital assets are capturing the attention of industry giants like Amazon and Google who are finding opportunities to become part of the cryptocurrency markets.<\/p>\n

For example, Amazon Web Services launched Amazon Managed Blockchain, the retail giant\u2019s own blockchain-related service. It allows companies to create and manage scalable blockchain networks, turning Amazon into a major player in the blockchain market.<\/p>\n

Strategic Partnerships<\/p>\n

Meanwhile, Google has established strategic alliances with key blockchain initiatives and joined campaigns that push for the integration of blockchain technology into its cloud infrastructure, increasing the search engine\u2019s footprint in the cryptocurrency sector.<\/p>\n

On Google Cloud, businesses can now find blockchain-as-a-service which offers them the opportunity to create and implement decentralized apps.<\/p>\n

\"\"<\/p>\n

Horsley\u2019s statement is timely since the cryptocurrency market is currently enjoying a positive outlook brought by Trump who is perceived to be pro-crypto.<\/p>\n

Trump\u2019s election victory fuels the growth of the digital asset market wherein investors saw Bitcoin surpass the $100,000 level<\/a> in early December, from about $69,000 in early November.<\/p>\n

Featured image from Fox News Screengrab\/AsiaTimes, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A top executive of the largest cryptocurrency index fund firm expressed optimism about the impact on economic policies on the digital asset sector upon the official return of Donald Trump to the White House this month. Bitwise Asset Management CEO Hunter Horsley recently provided fascinating insights on how the Trump administration could transform the cryptocurrency […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-6429","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6429"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6429\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}