In a surprising turn of events, the cryptocurrency landscape in the United States is poised for major changes, aligning with new reports that President-elect Donald Trump is ready to prioritize digital assets in his administration.

Recent media revelations suggest that Trump plans to issue an executive order cementing cryptocurrency as a national priority, which could reshape the industry in the world’s largest economy.

On late Thursday, Bloomberg broke the news that Trump might create a crypto advisory board aimed at advocating for the industry's interests.

This significant move could indicate a more accommodating regulatory environment for digital currencies, contrasting sharply with the previous administration’s more restrictive stance that saw over 100 enforcement actions against the crypto sector.

Speculation is rife that on his first day in office on January 20, Trump will announce the establishment of a strategic Bitcoin reserve, a proposal that has the potential to galvanize the cryptocurrency market.

While Trump was once skeptical of Bitcoin, his recent shift towards embracing cryptocurrency has raised expectations among investors for more favorable regulations and wider adoption of digital assets.

Interestingly, despite these optimistic developments, Bitcoin (BTC) is currently showing muted performance on U.S. exchanges.

It is trading at a slight discount on Coinbase, a popular Nasdaq-listed exchange, compared to its price on Binance, the world’s largest crypto exchange.

This Coinbase premium indicates a tepid demand among U.S. investors, contrasting with the fervent interest shown during Bitcoin’s surge late last year when prices jumped from $70,000 to over $108,000.

Historical data from CryptoQuant reveal fluctuations in the Coinbase premium, which measures the disparity between Bitcoin's value on Coinbase and Binance.

During the late fall of 2022, a consistent Coinbase premium reflected robust activity among U.S. traders, but current figures suggest that traders are now hesitating, perhaps waiting to see if Trump delivers on his pro-crypto promises.

In a bid to rally support, the cryptocurrency industry plans to host the 'Inaugural Crypto Ball' tomorrow, aiming to showcase their commitment to the incoming administration and urge Trump to follow through on his pledges.

The enthusiasm among proponents is palpable, but only time will tell if Trump’s agenda will invigorate the U.S. crypto market or if caution will continue to prevail.

As the cryptocurrency community watches closely, the implications of Trump's leadership on Bitcoin and the broader digital asset landscape remain a hot topic.

Will the 'Coinbase Premium' rise with the tide of presidential support for crypto, or will investors remain cautious until more concrete actions are taken? Stay tuned!