XRP, the token associated with Ripple Labs, surged dramatically to become the third-largest cryptocurrency following Donald Trump’s election victory. It jumped 32% in value to $2.87, boosting its Market cap to over $154.6 billion from less than $30 billion in just weeks. This price spike was fueled by heavy buying from overseas, particularly in South ...
Bitcoin has started December on a strong note, with prices around $96,000, following a remarkable 40% gain in November. As it approaches the six-digit milestone, excitement in the crypto community is palpable, especially with the influence of Donald Trump’s upcoming presidency, which many believe could usher in a golden era for digital assets. New regulations ...
Faryar Shirzad, Coinbase’s chief policy officer, predicts that the U.S. cryptocurrency industry will soon see rapid regulation following Donald Trump’s presidential election victory. He believes that with Trump’s pro-crypto stance and the Republican Party controlling Congress, new laws will be passed to benefit the 50 million Americans who own cryptocurrencies. Two significant bills are currently ...
Exchange-traded funds (ETFs) focused on Bitcoin and Ether are seeing significant demand following President-elect Donald Trump’s promise to reduce regulations in the crypto industry. In November, Bitcoin ETFs experienced record inflows of $6.5 billion, while Ether ETFs attracted $1.1 billion. The growing interest in Ether highlights a wider appetite for digital assets after Trump’s election. ...
US exchange-traded funds (ETFs) for Bitcoin and Ether are seeing record demand, following President-elect Donald Trump’s promise to ease regulations on the crypto industry. In November, Bitcoin ETFs attracted $6.5 billion, while Ether ETFs drew $1.1 billion, marking significant inflows. The interest in Ether highlights a growing appetite for digital assets among investors. Notably, BlackRock ...
The cryptocurrency Market is currently experiencing a surge, but retail investors are not jumping in like they did during the pandemic, as many remember the rapid collapse of the 2021 bubble. While interest is growing, retail trading is still below previous levels, suggesting many investors are watching from the sidelines. Institutional demand, partly fueled by ...
After Bitcoin’s recent surge of nearly 40%, many investors are optimistic about a potential boost from a Donald Trump presidency. As Trump steps into office, a pro-business regulatory environment for cryptocurrency is expected, with the possibility of new legislation that could favor Bitcoin and alleviate SEC restrictions on various cryptocurrencies. The introduction of a strategic ...
The recent 2024 presidential election brought uncertainty to the U.S., but the cryptocurrency sector celebrated as pro-crypto lawmakers were elected alongside Donald Trump’s victory. The industry invested millions to support candidates favoring Bitcoin and similar digital currencies. Key advocates, like Dennis Porter from the Satoshi Action Fund, highlighted their legislative goals, including the establishment of ...
Jackie Sawicky, the founder of the Texas Coalition Against Cryptomining, has decided to end her three-year fight against Bitcoin mining in Texas. She cites the recent election of Donald Trump and his pro-crypto policies as a significant factor in her decision. Sawicky’s activism aimed to address the environmental and community impacts of Bitcoin mining, including ...
President-elect Donald Trump has named Lee Zeldin, a former New York congressman, as the new administrator of the Environmental Protection Agency (EPA). At 44 years old, Zeldin previously served four terms in Congress and recently lost the New York governor’s race. He aims to support Trump’s agenda of deregulation and energy production while balancing environmental ...
