The election of a pro-crypto President in the United States and growing macroeconomic turmoil will continue to drive investors to Bitcoin.
US Government news
Bitcoin rallied 6.15% on Nov. 10 to reach another new all-time high of $81,358.
The next four years should be ‘highly favorable’ to the digital assets sector, but thoughtful legislation will be critical.
According to the President of the Texas Blockchain Council, the recent election outcome brought much-needed relief for the industry.
Anthropic’s AI model will be integrated into one of Palantir’s data systems, which is authorized to contain “secrets” critical to US national security.
Meta said sharing open-sourcing AI tech within the US and to its allies will play a role in helping it preserve their “technological edge” over China and other competitors.
With the US presidential elections nearing and no clear frontrunner, uncertainty looms over what effect the victor will have on the crypto sector.
The United States Treasury Department is taking an interest in stablecoins and tokenization.
The proposed ETF holds a diverse basket of crypto assets, include altcoins. It may face competition.
According to security firm CertiK, crypto losses in Q3 2024 are up 9.5%, with more than $750 million in total funds stolen by threat actors.