Cointelegraph provides live coverage of Donald Trump’s inauguration as the 47th president of the United States. The crypto sector anticipates regulatory changes and innovation under the new administration. Trump’s swearing-in ceremony began at 12:00 pm ET, with a possible focus on crypto policies. Notably, Bitcoin prices surged to new highs, and Trump’s memecoin achieved a market cap of nearly $11 billion on launch day. Trump's decentralized finance platform, World Liberty Financial, responded to overwhelming demand by increasing the supply of its tokens at a marked-up price. Tech leaders including Jeff Bezos and Mark Zuckerberg attended the inauguration, highlighting the event's significance. In addition, an official TRUMP memecoin was launched on the Solana blockchain, sparking considerable trading activity. Concerns arose regarding insider trading, with reports indicating that a small number of holders control the majority of TRUMP tokens. Meanwhile, speculation grew over Trump potentially establishing a Bitcoin reserve early in his presidency. Overall, the inauguration is considered a pivotal moment for the crypto landscape in the U.S.

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