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[Music] hey hamsters the youngest Bitcoin core contributor Bitcoin scholarship possibly not so bright future for crypto under Trump and much more let's dive into today's hamster news the power of Bitcoin and education the misra the youngest Bitcoin core contributor who is just 17y old got award a one-year Bitcoin scholarship from chain code Labs congratulations and we hamsters have two absolutely opposite views on what the Trump presidency will mean for the crypto industry JP Morgan believes that Trump who has not yet taken the presidential office is already impacting the market look at the prices and his presidential tenure will mean a safer more transparent and more productive industry from a regulatory perspect perspective from this point even though we might not see the actual change on the new policies in 9 to 12 months after the inauguration the worst regulatory environment for crypto markets is in the past the bank says meanwhile Arthur Hayes founder and former CEO of bitmax and currently the chief investment officer of a family office fund Maelstrom has different opinions and what's going to happen Hayes believes that since investors won't see immediate changes after Trump's in office they will start massively selling crypto assets that's why his fund melstrom is ready to sell some of the positions to buy more assets and he also believes that the US government will not create a Bitcoin strategic Reserve Jerome Powell Federal Reserve chair said the US Central Bank is not allowed to own Bitcoin and that the fat is not looking for a law change that's the kind of thing for Congress to consider po add it which is probably why Bitcoin along with the rest of crypto went down mhm what very good news for B&B coin and the B&B ecosystem the US is welcoming its first BNB publicly quoted fund launched by Osprey funds hey that's really impressive wao that's all for today thanks for watching subscribe and remember hamster our power one for all and all for one bye
