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$48M Ethereum Buy and Day-One Orders to Boost Bitcoin

Simon Osuji by Simon Osuji
January 20, 2025
in Business
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$48M Ethereum Buy and Day-One Orders to Boost Bitcoin
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Trump’s crypto plan is taking shape right now. His company, World Liberty Financial, has bought $48 million worth of Ethereum.

trump-purchasestrump-purchases
Source: X

He also plans to sign orders to help Bitcoin grow by cutting rules. These moves will change how crypto prices move and how rules work.

WTAF is going on?

Trump(or trumps team) just bought another $15m in $ETH after launching MELANIA token!

They have bought $47m $ETH in the last 8 hours.

This it starting to look like they’re:

1- Making a mockery of memes on purpose
2- Showing how easy to break $SOL is
3-… pic.twitter.com/KqieFF9Ra5

— Sykodelic 🔪 (@Sykodelic_) January 19, 2025

Also Read: Urgent Update: Major Changes Coming to US Crypto Regulation Framework

How Trump’s Crypto Orders Impact Ethereum, Bitcoin & Markets

World Liberty’s $48M Ethereum Investment

Wait until you see what they do tomorrow! 🚀🚀 @worldlibertyfi https://t.co/v8eRDFImHo

— Eric Trump (@EricTrump) January 20, 2025

World Liberty Financial just bought some ETH – about 14,403 coins. Trump supports this project, and they now have around 33,630 ETH, worth roughly $107 million. They made several purchases when ETH cost about $3,230. A number of experts say this shows that big companies believe in crypto.

Executive Orders to Reshape Crypto Landscape

Ethereum's Coinbase Premium Index Ethereum's Coinbase Premium Index
Source: TradingView

Multiple sources indicate the new team plans various rule changes for crypto companies. Numerous experts will form a group of about 20 members to guide certain choices. Some reports suggest they might adjust SEC rules to help banks work with Bitcoin.

“Trump, who courted crypto cash on the campaign trail with promises to be a ‘crypto president,’ is expected to sign an executive order creating a crypto advisory council,” revealed sources close to the matter.

Also Read: Top 3 Cryptocurrencies That Could Rally This Week

Market Impact and Price Movements

Recent reports show the news affected crypto prices quite significantly. Market data indicates Ethereum moved between roughly $3,133 and $3,439 in one day. Several analysts note Bitcoin grew stronger than ETH.

“If implemented by the relevant regulators, Trump’s expected policy directives have the potential to push cryptocurrencies into the mainstream,” stated regulatory experts.

Regulatory Shifts and Market Response

Various observers note Trump’s crypto plan differs from past strict rules. According to multiple sources, the new team might end certain limits. Some experts believe this could make various rules more clear.

“Bank regulators deny that such an effort exists,” officials said about rules that kept crypto firms from banks.

Also Read: Dogecoin’s Power of 3 Pattern Signals 3,600% Surge to $3

[Image 5: Recent Ethereum price chart showing market reaction]

Looking Ahead

Several sources suggest Eric Trump hints at multiple upcoming changes in the crypto plan.

“Wait until you see what they do tomorrow,” he wrote online.

Currently, Ethereum faces numerous competitors. Many analysts believe that Bitcoin’s boost plans and some new rules show significant changes coming to crypto markets.

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