10x Research: SEC Chairman Gensler may resign in early 2025

10x Research indicates that with Joe Biden withdrawing from the U.S. presidential race, there currently seems to be no strong candidate who can seriously challenge Donald Trump.

The results of the November election seem to have been determined without voting. For Bitcoin, this means a government supportive of cryptocurrency will take over the White House. Historical experience shows that when a new government comes into power, the SEC chairman usually resigns. Although current SEC Chairman Gensler's term does not end until June 5, 2026, he is likely to resign in January or February 2025 Singapore time.