DeFi firms have feared implementing “value accrual mechanisms” for their tokens under the SEC’s oversight — but that could change with president-elect Donald Trump.
Altcoin news
Most of the Donald Trump-themed memecoins have tanked while the rest of the crypto market continues to gain.
Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump’s Nov. 5 US election win.
Some analysts expect Bitcoin’s price to surge following Donald Trump’s Nov. 5 election win.
According to financial services firm Standard Chartered, real-world asset tokenization could reach a $30 trillion market cap by 2030.
Crypto markets cheered Donald Trump’s win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.
Memecoins are up today, fueled by positive sentiment following Trump’s win in the US presidential elections.
Coinbase chief legal officer Paul Grewal has urged the SEC to foster crypto innovation over litigation amid Trump’s pledge to fire Gensler.
Warren has amassed nearly 75% of the votes for the Massachusetts seat, setting her up for a third term in the United States Senate.
Memecoins DOGE and SHIB have outperformed on US election day as US citizens cast their ballots.