American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

Trump’s inaugural crypto ball: are $100K tickets worth the buzz?

by admin January 13, 2025
January 13, 2025
Trump’s inaugural crypto ball: are $100K tickets worth the buzz?

As the world gears up for Donald Trump’s presidential inauguration on January 20th, attention has turned to the much-discussed “Crypto Ball” on January 17th.

Hosted by Trump’s super PAC, MAGA Inc., this exclusive pre-inaugural event is making waves for its extravagant price tags and the prominent figures set to attend.

Tickets are priced at $100,000 each, with a $1 million package for four tickets that includes a private dinner with the President at a later date.

However, the star of the evening—Trump himself—will be notably absent.

Eleanor Terrett

@EleanorTerrett

·Follow

🚨NEW: During the inaugural #crypto ball next Friday there will also be a VIP reception hosted by Trump super PAC MAGA Inc, with AI & Crypto Czar @DavidSacks. I am told @realDonaldTrump will not be in attendance.
Tickets for the reception are going for $100,000 each or…

8:16 AM · Jan 11, 2025

446

Reply

Read 20 replies

The Crypto Ball has quickly become a focal point for the cryptocurrency industry, which is seeking greater influence in Washington.

With speculation mounting about Trump’s future crypto policies, the event raises the question: is the hefty price tag for admission worth it, or is it simply a lavish networking opportunity?

Crypto’s push for political influence

The Crypto Ball is not just a social gathering; it represents the cryptocurrency sector’s strategic attempt to align itself with the incoming administration.

A $1 million contribution from Circle, using its stablecoin USDC, underscores the industry’s commitment to gaining a foothold in the new political landscape.

Other crypto leaders are reportedly vying for positions on Trump’s proposed crypto advisory council, which could feature as many as 22 top executives.

David Sacks, a longtime advocate of Bitcoin and early tech investor, has already been tapped to lead Trump’s crypto and technology policy initiatives.

This move signals a potential shift in how digital assets will be treated in the years ahead.

Despite these developments, the event’s high cost has drawn criticism, with some viewing it as an exclusionary attempt to cater only to the wealthiest industry insiders.

Ticket prices: more than just access?

While the price of admission has raised eyebrows, the packages offer more than just entry to the event.

Those who opt for the $1 million deal gain access to a private dinner with Trump and other high-profile guests—a perk that some view as a unique opportunity to influence the President directly.

Yet, critics argue that the event reflects a growing disparity within the cryptocurrency world, with smaller players excluded from conversations that could shape the industry’s future.

The broader crypto community remains divided over whether these events truly benefit the sector or merely reinforce the perception that it is dominated by elites.

The timing is also crucial, as Trump’s policy stance on cryptocurrency remains largely ambiguous.

The lack of clarity surrounding regulation, combined with fears of heightened oversight, leaves many questioning whether the Crypto Ball’s promises of influence will materialise.

What’s next for the crypto market?

The Crypto Ball comes at a time when Bitcoin and other cryptocurrencies are navigating a volatile landscape.

Bitcoin’s current price, hovering just below $94,000, highlights the mixed performance of the market in the wake of the election.

While some investors are optimistic that Trump’s presidency could bring favourable policies for digital assets, others warn that increased scrutiny could offset potential gains.

Adding to this uncertainty is the broader market’s focus on regulatory reforms, particularly around stablecoins and crypto exchanges.

Trump’s administration, led by advisors like David Sacks, will likely play a pivotal role in shaping the industry’s future.

For now, however, the Crypto Ball serves as a microcosm of the larger tensions within the cryptocurrency world—a space where high stakes meet high ambitions.

The post Trump’s inaugural crypto ball: are $100K tickets worth the buzz? appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Mercedes-Benz car sales decline in 2024 amidst challenging market conditions
next post
US probe reveals China’s unfair methods to dominate global shipbuilding, potential penalties loom: report

Related Posts

Stellantis aims to correct ‘arrogant’ mistakes in U.S....

June 17, 2024

Robotaxi showdown: will Amazon’s Zoox and Tesla dethrone...

December 27, 2024

Market sell-off: how long before we hit the...

March 12, 2025

Black Friday online spending hits $10.8B, fueled by...

December 1, 2024

More travelers risk booking hotel rooms on sites...

February 24, 2024

Bitcoin price holds firm above $62,000; Celestia, Dogwifhat...

October 12, 2024

Indian markets update, Dec 17: Nifty 50 slips...

December 17, 2024

US stocks open in red amid Trump’s new...

May 24, 2025

Ubisoft to launch Champions Tactics: Grimoria Chronicles as...

October 11, 2024

Trump, jobs, and the Fed: navigating a pivotal...

December 31, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Interview: Strategic location gives Brazil Potash cost advantage in domestic fertiliser market, says CEO Matt Simpson

      June 1, 2025
    • Canada’s Q1 GDP expands by 2.2%, driven by exports spike ahead of potential US tariffs

      June 1, 2025
    • President Trump to host farewell for Elon Musk as DOGE leader steps away

      June 1, 2025
    • UK’s digital banks face divergent fortunes: Starling stumbles, Monzo and Revolut soars

      June 1, 2025
    • Trump wants Apple to shift iPhone production from India to the US: here’s what it means

      May 18, 2025

    Categories

    • Business (3,022)
    • Investing (2,459)
    • Latest News (1,994)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved