Trump's Surprise Crypto Endorsement: A Boost for Bitcoin?
Donald Trump, the US presidential candidate, has surprisingly added Bitcoin and cryptocurrencies to his election promises. This comes after his previous opposition to cryptocurrencies during his presidency. The Republican Party has included cryptocurrencies in their official election manifesto, stating that they will end the "illegal and un-American Crypto push" by Democrats and oppose the creation of a Federal Reserve Digital Currency. They also promise to defend the right to mine Bitcoin and ensure that Americans can self-custody their digital assets without government surveillance.
In other crypto news, Vitalik Buterin's recent transfer of 100 Ethereum has caused a stir, and analysts are examining the potential impact on the market. Bitcoin is currently trading at lower levels, causing concern among investors. Despite this, MicroStrategy is pushing forward with its Bitcoin strategy, and HIVE Digital Technologies has reported an increase in Bitcoin mining. Dogwifhat (WIF) is also showing signs of a rebound after a recent drop.
