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- U.S. President Donald Trump has ignited speculations about an upcoming development after hinting that he has an earth-shattering announcement to make.
- Many social media commentators have suggested that this could be about crypto; however, others believe that the announcement could relate to any of the ongoing global events.
U.S. President Donald Trump has made a dramatic return to the news with a cryptic message, leaving many with speculations. According to his message shared on X, he has a big announcement to make, and it is about a positive development for the country and the people. While he refused to give details, Trump highlighted that this is “going to be earth-shattering.”
Attached to the post was a video which suggests that the statement was made during the Oval Office meeting with Canadian Prime Minister Mark Carney.
We’re going to have a very, very big announcement to make, as big as it gets. And I won’t tell you what … and it’s very positive. It’ll be one of the most important announcements that have been made in many years about a certain subject, a very important subject. So you’ll all be here.
What Could Trump’s Announcement Be?
Analysing what this could be and when the announcement could be made, it was discovered that the president would travel to Saudi Arabia, Qatar, and the United Arab Emirates (UAE) from May 13 to May 16. This suggests that the announcement could be made any day from Thursday, May 8, to Monday, May 12.
While close sources are reported to have no idea of what this could be, many have speculated that this could be about the US government crypto reserve or anything related to digital asset support.
As detailed in our previous news publication, US lawmaker Bo Hines has disclosed that the present administration is actively working with the Treasury Department to accelerate the Bitcoin strategic reserve plans.
Trump recently reached the 100-day mark in his second term in office, characterised by some bold tariff moves and crypto-related appointments. According to the founding partner at Castle Island Ventures, Nic Carter, Trump’s crypto moves and appointments have been on point.
Every single appointment I’m happy with from a crypto perspective. The previous financial regulatory apparatus was dead set against crypto, and now it’s been a total 180 compared to that.
Currently, there is an upcoming hearing on crypto, which is expected to set the foundation to advance the US crypto initiatives. Fascinatingly, there are few challenges. California Rep. Maxine Waters has objected to this, calling for legislation that could ban the president and members of Congress from owning a crypto asset or firm.
As also indicated in our previous blog post, Maxine has raised concerns about Trump’s ties with the crypto sector, especially with the ambition of his family venture, World Liberty Financial. Similarly, Senator Elizabeth Warren has raised red flags over the president’s family meme coins, as highlighted in our earlier discussion.
Meanwhile, there have been several non-crypto-related speculations on the supposed “big announcement”. According to some commentators, this could be about a possible ceasefire in Gaza, a peace deal between Russia and Ukraine, or even a nuclear deal with Iran.