RFK Jr. has been a longtime Bitcoin advocate, praising its power to transmute currency inflation as US government debt tops $36 trillion.
Bitcoin Regulation news
The election of a pro-crypto President in the United States and growing macroeconomic turmoil will continue to drive investors to Bitcoin.
Expectations of improving economic policies under the Trump administration may drive Bitcoin’s price above $100,000 before the end of the month.
DeFi needs regulation to build trust, attract institutional investment, and ensure long-term viability despite its decentralized nature.
The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency.
Klippsten warns that relaxed regulations under Trump could trigger a chaotic altcoin surge, drawing liquidity away from Bitcoin.
Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment.
FTX and Alameda’s “aggressive legal strategy” highlights the complexity of their financial issues after suing over 20 entities for funds, according to blockchain experts.
NYDIG’s research head Greg Cipolaro said “there are no excuses” for investors to shirk Bitcoin after Donald Trump and the Republicans’ election sweep.
Trump’s presidential victory inspired a new wave of optimism, including predictions for an imminent Ether rally to $3,200 and hopes for a reform of the US SEC.