Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump’s Nov. 5 US election win.
Bitcoin news
A US strategic Bitcoin reserve faces steep odds, with legislative hurdles and economic risks stalling approval.
The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization.
With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.”
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.
Some analysts expect Bitcoin’s price to surge following Donald Trump’s Nov. 5 election win.
A boost in Bitcoin’s spot volumes and a classic chart pattern hint that $110,000 could be the next stop for BTC price.
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.
The Republican-led Senate is poised to bring clearer crypto regulations, signaling a shift toward industry-friendly policies in the US.
The five largest Trump bettors could stand to win a combined $81 million in profit.