From Nasdaq
May 29, 2025 6:30:00 am:

President Donald Trump’s administration is fully embracing cryptocurrency, including altcoins, stablecoins, and meme coins, marking a new era for the industry. This shift has led to increased interest from corporations and institutions and the creation of new crypto investment products. However, concerns about conflicts of interest and potential risks remain.

The regulatory landscape for cryptocurrency has undergone significant changes under Trump’s administration, with the Securities and Exchange Commission easing restrictions. Companies like Coinbase Global and cryptocurrencies like XRP have benefited from these changes. MicroStrategy continues its Bitcoin-buying spree, setting a trend for other companies to follow.

The U.S. government is exploring ways to purchase Bitcoin for its Strategic Bitcoin Reserve, launched in March. However, concerns about foreign influence in crypto projects and the creation of complex investment products raise red flags. Investors are advised to focus on established cryptocurrencies and companies with strong ties to the White House for stability.

Despite the excitement surrounding cryptocurrency and comparisons to a new “Golden Age,” caution is advised. The industry’s rapid growth and potential risks should prompt investors to carefully consider their portfolios. The Motley Fool’s Stock Advisor team recommends diversifying investments with a focus on established stocks with significant growth potential.

Read more at Nasdaq.: Has President Trump Ushered in a New Golden Age for Cryptocurrency?