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New U.S. Pro-Crypto Congress: A Global Boost for Cryptocurrencies?
The recent Republican victories in the 2024 elections have generated a wave of expectations for the cryptocurrency industry. With a Congress increasingly inclined towards favorable crypto policies, this political change is expected to have a significant impact on the global market. Here are the key points and how this could affect cryptocurrencies:
- A Congress with greater support for the crypto industry: With figures like Scott Perry and Jeff Hurd, who support the 21st Century Financial Innovation and Technology Act (FIT21), the new Congress is expected to push pro-crypto legislation that favors innovation. This could reduce regulatory barriers and attract more investors and companies to the crypto ecosystem.
- A Congress with greater support for the crypto industry: With figures like Scott Perry and Jeff Hurd, who support the 21st Century Financial Innovation and Technology Act (FIT21), the new Congress is expected to push pro-crypto legislation that favors innovation. This could reduce regulatory barriers and attract more investors and companies to the crypto ecosystem.
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Bitcoin at $100,000? Novogratz predicts bright future for cryptocurrencies thanks to favorable political change
Mike Novogratz, a titan of the cryptocurrency world, has made a bold prediction: Bitcoin could reach $100,000 or more by the end of the year. This optimistic prediction is based on a positive change in the US political environment towards cryptocurrencies.
A change of wind in Washington: In recent weeks, there has been a notable shift in sentiment towards cryptocurrencies in the US. The Securities and Exchange Commission (SEC) has taken steps to approve Bitcoin ETFs, donations to candidates pro-cryptocurrencies have increased and even presidential candidates are competing for their positions on the issue.
Novogratz sees a bright future: "I think we are in an upward trend, we have reached an inflection point," stated Novogratz. "DC has finally agreed in principle that cryptocurrency legislation must pass, and that it must be bipartisan."
Not everything is rosy: However, not all recent events have been positive. President Biden vetoed a guide known as Personnel Accounting Bulletin No. 121, which has drawn criticism from the banking industry since its publication in 2022. Banks argue that it prevents them from offering services to hold digital assets for their clients due to high associated costs.
What does the future hold? Despite this obstacle, Novogratz remains optimistic about the future of cryptocurrencies. His prediction of a $100,000 Bitcoin by the end of the year is based on growing adoption and political support.
Are you ready for the next wave of cryptocurrencies?
#Bitcoin #criptomoneda das#Investment#Novogratz 8654288413#Policy#Price 0648350500#Opportunity#Growth
Mike Novogratz, a titan of the cryptocurrency world, has made a bold prediction: Bitcoin could reach $100,000 or more by the end of the year. This optimistic prediction is based on a positive change in the US political environment towards cryptocurrencies.
A change of wind in Washington: In recent weeks, there has been a notable shift in sentiment towards cryptocurrencies in the US. The Securities and Exchange Commission (SEC) has taken steps to approve Bitcoin ETFs, donations to candidates pro-cryptocurrencies have increased and even presidential candidates are competing for their positions on the issue.
Novogratz sees a bright future: "I think we are in an upward trend, we have reached an inflection point," stated Novogratz. "DC has finally agreed in principle that cryptocurrency legislation must pass, and that it must be bipartisan."
Not everything is rosy: However, not all recent events have been positive. President Biden vetoed a guide known as Personnel Accounting Bulletin No. 121, which has drawn criticism from the banking industry since its publication in 2022. Banks argue that it prevents them from offering services to hold digital assets for their clients due to high associated costs.
What does the future hold? Despite this obstacle, Novogratz remains optimistic about the future of cryptocurrencies. His prediction of a $100,000 Bitcoin by the end of the year is based on growing adoption and political support.
Are you ready for the next wave of cryptocurrencies?
#Bitcoin #criptomoneda das#Investment#Novogratz 8654288413#Policy#Price 0648350500#Opportunity#Growth
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Bitcoin at $100,000? Trump's Victory Could Propel BTC to New Heights in 2024
Next, we explore how this victory could influence the crypto sector and other markets globally.
1. Bitcoin: Heading to $100,000?
- The recovery of key states by Trump has generated confidence among Bitcoin investors, who expect favorable policies for cryptocurrencies.
- The volatility of BTC could increase with greater activity in the futures and derivatives market, pushing the cryptocurrency towards the $100,000 mark by the end of 2024.
1. Bitcoin: Heading to $100,000?
- The recovery of key states by Trump has generated confidence among Bitcoin investors, who expect favorable policies for cryptocurrencies.
- The volatility of BTC could increase with greater activity in the futures and derivatives market, pushing the cryptocurrency towards the $100,000 mark by the end of 2024.
🚨 Election Update! 🚨
According to Polymarket data, Donald Trump's chances of winning the U.S. presidential election have surged to 57.6%. Meanwhile, Kamala Harris's odds have slipped to 42.2%, creating a notable 15.4 percentage point gap between the two.
What do you think about these shifting dynamics?
#KamalaSquadAssemble #Trump #PolymarketGoneWild #EEUU #Write2Earn!
According to Polymarket data, Donald Trump's chances of winning the U.S. presidential election have surged to 57.6%. Meanwhile, Kamala Harris's odds have slipped to 42.2%, creating a notable 15.4 percentage point gap between the two.
What do you think about these shifting dynamics?
#KamalaSquadAssemble #Trump #PolymarketGoneWild #EEUU #Write2Earn!
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Federal Reserve Shakes Up Markets: Volatility Rises Amid Rate Speculation
Volatility in financial markets has increased due to speculation about the US Federal Reserve's next moves on interest rates. According to economist Mohamed El-Erian, uncertainty about whether the Fed will cut rates is creating nervousness among investors. This situation has led to large sales in the US Treasury bond market, especially after a positive employment report that caused traders to rule out further substantial rate cuts. As a result, bond yields have risen above 4%.