Market
What major policy change will the SEC announce regarding cryptocurrencies in 2025?
2
Resolution / Starting Odds
Increased regulations • 25%
Decreased regulations • 25%
No significant change • 25%
Other • 25%
Official SEC announcements and press releases
Story
Bitcoin Hits Record $103,679 as Trump Nominates Crypto Advocate Paul Atkins for SEC Chair
Dec 5, 2024, 04:30 AM
Bitcoin has surged past the $100,000 mark for the first time, reaching an intraday high of $103,679, fueled by optimism over President-elect Donald Trump's pro-cryptocurrency stance. The cryptocurrency's value has increased approximately 138% year-to-date and has risen about 45% in the four weeks since Trump's victory on November 5. Bitcoin climbed dramatically from $69,374 on Election Day to over $100,000, marking a significant milestone. The rally was further boosted by Trump's nomination of Paul Atkins, a crypto advocate and former SEC Commissioner, to replace Gary Gensler as the head of the U.S. Securities and Exchange Commission (SEC). Investors are optimistic that the new administration will adopt crypto-friendly policies, potentially leading to relaxed regulatory oversight. The appointment of Atkins, along with expectations of pro-crypto regulatory shifts, has ignited optimism in the market, propelling Bitcoin to new heights.
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Stricter regulations • 25%
Other • 25%
No change • 25%
Looser regulations • 25%
Other • 25%
Freeze enforcement actions • 25%
Revoke SAB 121 • 25%
Withdraw lawsuits • 25%
No significant actions • 25%
Increased enforcement actions • 25%
New crypto-specific rules • 25%
Clarification of existing rules • 25%
Enforcement reduction • 25%
Registration guidelines • 25%
Other • 25%
Taxation guidelines • 25%
Other • 25%
No significant changes • 25%
Minor adjustments to existing policies • 25%
Full policy overhaul with new guidelines • 25%
No change • 25%
Increased regulation • 25%
Significantly eased • 25%
Moderately eased • 25%
Pro-crypto • 25%
Anti-crypto • 25%
Unclear • 25%
Neutral • 25%
SEC leads • 25%
CFTC leads • 25%
No change • 25%
Joint leadership • 25%
Enhanced investor protections • 25%
Other • 25%
Reduction in enforcement actions • 25%
Clear registration guidelines • 25%
Other • 25%
Joint leadership • 25%
Mark Uyeda • 25%
Hester Peirce • 25%