ChainCatcher news, according to CNBC, CoinShares research director James Butterfill stated that Trump's victory in the presidential election this week, along with the Republican party gaining a new majority in the Senate, could make it easier for the 'expected loose regulatory framework' to be passed. Therefore, the price of Bitcoin rising to $100,000 (which implies a 33% increase potential) 'is now possible'. It believes that the main catalysts for Bitcoin's future development are changes in the SEC leadership, cryptocurrency-friendly regulations, and further adoption by major corporations.