2024 U.S. Election: Policy Perspectives on Crypto Assets – Democratic V.S. Republican
KEYTAKEAWAYS Both major U.S. parties recognize crypto's growing importance, with Republicans generally more supportive and Democrats showing signs of a potential policy shift.Political meme coins have emerged as a unique intersection of digital assets and political sentiment, offering investment opportunities but carrying significant risks.The FIT21 Act, if passed, could provide a clearer regulatory framework for crypto assets, potentially reshaping the industry's future in the United States. CO
⚡️By the end of this year, the #Bitcoin❗ spot ETF could surpass Satoshi Nakamoto’s holdings in $BTC .A milestone for institutional adoption and a sign of growing trust in Bitcoin.💥💰
🐳 $IMX , $ADA , $APEX and other tokens will be unlocked in large amounts next week, of which IMX unlocks about 40.5 million US dollars
🐶 Coinglass data showed that in the past four hours, the entire network had a liquidation of US$127 million, of which long positions had a liquidation of US$119 million and short positions had a liquidation of US$8.9325 million.
💰 Trump's Commerce pick Howard Lutnick in talks with Tether for $2B Bitcoin-backed USD loan project
🗳️ Via Cointelegraph: MicroStrategy’s Saylor reveals massive $5.4B $BTC gains in just 2 weeks, averaging $500M daily profits
📣 Moonshot announced the launch of the memecoin Terry In The Trenches (Terry). According to #GMGN data, Terry is currently quoted at Terry USD, with a current market value of 12 million USD.
🐳 A whale built a position of $11.46 million in $JTO, making it the asset with the highest holding value
🐶 #Musk said on the X platform that he liked the "WOULD" meme. Influenced by this news, the token of the same name quickly rose to over $0.025, and its market value exceeded $20 million
💰 U.S. Representative French Hill, a Republican from Arkansas, said in an interview that Republican SEC Commissioner Hester Peirce may become the new acting chairman of the U.S. SEC.
🗳️ $BTC surges close to $100,000 amid Trump’s crypto-friendly rhetoric, with #Metafide CEO forecasting a $500K price target by 2027, citing potential new crypto agency as market catalyst.
📣 Tether denies Lutnick's political influence claim, responds to #WSJ report on CFO's private comments amid Commerce Secretary nomination
🚀 ETH rose above 3400 USDT and is now trading at 3403 USDT, with a 24-hour increase of 0.7%.
🏦 Nasdaq-listed company LM Fundings latest financial report shows it holds 140.5 BTC worth $13.3 million
💰 China Securities Regulatory Commission issued eight financial industry standards including the Communication Guidelines for Regional Equity Market Blockchain Common Infrastructure
🐳 Polygon Partners with Stablecoin Payment Network WSPN to Support WUSD Expansion
💰 Fed announces details of upcoming framework review
November 23, BitMEX Co-founder Arthur Hayes posted on social media endorsing the #meme_coin FlowerAI.
💰 According to GMGN data, influenced by the endorsement, Flower surged nearly 40% in a short period of time, currently priced at $0.03, with a 177% 24-hour increase, a 24-hour trading volume of $19.1 million, and a reported market capitalization of $30.6 million.
Under the leadership of Chairman Michael Saylor, #MicroStrategy has almost become synonymous with #Bitcoin❗ .
As of now, MicroStrategy and its subsidiaries hold approximately 331,200 Bitcoins, with a total investment of $16.5 billion, at an average purchase price of $49,874.
At the current Bitcoin price of $98,842, MicroStrategy’s Bitcoin holdings have a paper profit of $16.218 billion.