The Republican-led Senate is poised to bring clearer crypto regulations, signaling a shift toward industry-friendly policies in the US.
Bitcoin Regulation news
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.
Developing crypto regulations, along with a political shift toward cryptocurrencies, is a “very positive direction” for the industry, according to Changpeng Zhao.
The “mini” trusts spun off from Grayscale’s legacy Bitcoin and Ether funds in July.
In an open letter to Donald Trump and Kamala Harris, Charles Cascarilla highlighted the role of stablecoins in maintaining the US dollar’s global dominance and improving banking efficiency.