A Trump administration may lead to a less restrictive SEC Chair and more transparent crypto regulations.
Bitcoin Regulation news
The two whales have acquired $142 million worth of Bitcoin since Trump’s victory in the US election was confirmed, showing growing investor demand for Bitcoin.
Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025.
The Republican-led Senate is poised to bring clearer crypto regulations, signaling a shift toward industry-friendly policies in the US.
Bitcoin has broken past the $73,800 mark for the first time since March 13, as the battle to become the next United States president rages on.
Crypto investors are calling for a Trump victory due to the infamous “inverse Cramer” effect following the popular television host’s Monday predictions of a Harris victory.
Post-election price volatility could set the stage for Bitcoin’s rally to a new record high above $73,800.
Grayscale Digital Large Cap Fund could be the first US ETF to hold altcoins such as Solana and AVAX if approved.
Concerns about Europe’s upcoming MiCA regulations and Vitalik Buterin’s plans to make Ethereum more efficient were the main focus of crypto investors this week.
Bitcoin traders are reducing their risk exposure as Donald Trump’s winning odds slide for the upcoming US election.