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

10x Research stated that with Joe Biden dropping out of the US presidential race, there doesn't seem to be a strong candidate who can seriously challenge Donald Trump. The election results in November seem to have already been determined without the need for voting. As for Bitcoin, this means that a government that supports cryptocurrency will take over the White House. Historical experience shows that when a new government takes office, the SEC chairman usually resigns. Although the current SEC chairman Gensler's term does not end until June 5, 2026, he is likely to resign in January or February 2025 Beijing time.