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

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

iDEGEN price forecast as Wall Street CEOs join Trump’s pro-crypto agenda

by admin January 26, 2025
January 26, 2025
iDEGEN price forecast as Wall Street CEOs join Trump’s pro-crypto agenda

Wall Street giants are finally preparing to join the cryptocurrency world, thanks to Donald Trump’s relentless push to bolster the digital assets sector, especially after the latest executive order.

According to CNBC, top financial CEOs are warming up for crypto – a massive shift from a segment that previously ignored Bitcoin and other digital assets.

CNBC

@CNBC

·Follow

Just days into President Donald Trump’s second administration, Wall Street is singing a different tune on crypto.

“For us, the equation is really around whether we, as a highly regulated financial institution, can act as transactors,” Morgan Stanley CEO Ted Pick told CNBC on…

4:37 PM · Jan 24, 2025

933

Reply

Read 42 replies

The latest executive order removed regulatory hurdles for crypto, positioning digital assets such as iDEGEN for impressive growth in the upcoming sessions.

Unclear regulations have dented the crypto market over the past years.

However, this could be over with Trump’s executive order prioritizing “promoting and protecting” cryptocurrency development and usage.

iDEGEN is a new AI crypto asset that went viral over the past few weeks, with its lucrative presale raising over $18 million (so far).

The project leverages artificial intelligence and crypto enthusiasts on X (Crypto Twitter) to learn and respond to each tweet.

Its unique approach and dynamic pricing model have earned over 21,330 holders more than 13,100% in profits since launching a few weeks ago. 

Let’s explore the changing crypto market landscape in the United States and what to expect from the early-stage iDEGEN in the upcoming sessions and months.

Trump clears regulatory challenges for crypto

The new policies are addressing challenges that have frustrated crypto enthusiasts.

Many have complained about the SEC’s SAB 121 accounting rule in 2022, which demanded banks classify crypto as liabilities.

The rule prohibited financial institutions from offering cryptocurrency custody services by introducing stiff capital requirements.

However, the latest invezz updates show the agency withdrew SAB 121.

That has removed one of the main challenges for financial institutions interested in crypto.

Michael Saylor ⚡ Founder of MicroStrategy (Parody)

@Saylorsatsire

·Follow

BREAKING: 🇺🇸 SEC repeals SAB 121, paving the way for banks to provide #Bitcoin custody services.

This is a game-changer.

2:09 AM · Jan 24, 2025

1.6K

Reply

Read 39 replies

Wall Street executives join the crypto bandwagon

Wall Street CEOs confirmed their positive stances on crypto during the recent World Economic Forum (WEF) in Davos, Switzerland.

Morgan Stanley’s Ted Pick confirmed that his firm will cooperate with the Treasury and other authorities to determine ways to offer crypto services safely.

The financial giant has heralded crypto developments over the past years, often extending boundaries before its peers.

Morgan Stanley shocked the financial sector after becoming the first US bank to offer its customers access to BTC funds in 2021.

As of 2024, the institution has permitted its advisors to promote Bitcoin exchange-traded funds (ETFs) to clients.

Also, Bank of America chief Brian Moynihan welcomed the crypto changes looking to boost crypto in the US.

AlwaysSunnyNYC

@AlwaysSunnyNYC

·Follow

Regulatory clarity getting all the banks excited for crypto

Brian Moynihan, BofA CEO “If the rules come in and make it a real thing that you can actually do business with, you’ll find the banking system will come in hard on the transactional side of it,”

Watch on Twitter

View replies

8:31 PM · Jan 21, 2025

6

Reply

Read 1 reply

While refraining from endorsing digital tokens as investment assets, Moynihan compared crypto’s payment utility to Apple Pay or Visa.

IDGN presale ends in 30 days

The ongoing US regulatory transformations appear timing for iDEGEN and its projected growth in the upcoming months.

The AI project will close its multi-million ICO on February 26 before debuting on cryptocurrency exchanges the following day.

Friendly crypto regulations, AI capabilities, and the expected 2025 bull run position IDGN for immense gains.

iDEGEN trades at $0.038, offering a lucrative discount for enthusiasts before targeting levels above $1 after exchange listings starting February 27.

You can learn more about iDEGEN (IDGN) here.

The post iDEGEN price forecast as Wall Street CEOs join Trump’s pro-crypto agenda appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Will Trump end FEMA? Here’s what we know
next post
Is it safe to buy these high-yielding S&P 500 stocks?

Related Posts

Why Pfizer sold its $3 billion stake in...

January 15, 2025

AB InBev beats revenue estimates as premium and...

February 26, 2025

ServiceNow stock is severely overvalued – rating downgrade

September 26, 2024

As ChatGPT’s new search feature intensifies rivalry, here’s...

November 2, 2024

Tesla surpasses $1 trillion market cap as stock...

November 9, 2024

European stocks rise as trade tension jitters linger

April 8, 2025

Trump Media stock erases all gains since it...

April 12, 2024

Hyundai gears up for $3 billion India IPO...

October 8, 2024

Norway’s EV Transition: all new cars sold in...

January 28, 2025

PepeX gains ground on Turbo and Neiro as...

May 3, 2025

    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