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Leading asset management firm BlackRock announced receiving $100,000 seed funding for its proposed spot Bitcoin exchange-traded fund (ETF).
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The price of Bitcoin surged to an all-time high of $75,400 in the wake of the latest U.S. presidential election updates. Early results showed that Donald Trump, who has positioned himself as a pro-crypto candidate, is gaining significant momentum. This political development triggered a sharp rally in Bitcoin’s price. Although Bitcoin has since stabilized around $74,000, its ascent reinforced its position among the world’s top 10 largest financial assets by market capitalization. #Bitcoin #Crypto #CryptoNews” #CryptoNewsUSA #CryptoNewss
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"Bitcoin Demand Skyrockets in the US as Prices Soar to Historic Highs!"
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Coinbase CLO Paul Grewal references the outcome of the United States election to address the SEC’s adverse approach to crypto regulation. Grewal, the Chief Legal Officer at San Francisco-based exchange Coinbase, mentioned that voters in the United States expressed a strong desire for change on several issues, including crypto regulations. He encouraged the SEC to change its current crypto regulatory approach to a more favorable stance. Specifically, Grewal called on the SEC to engage directly with crypto-related companies instead of suing them in court. Furthermore, Grewal advised the regulator to initiate rulemaking immediately, which could provide clear regulations for the crypto industry. #SEC #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
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Brad Garlinghouse, the Ripple CEO, has outlined several crypto-friendly policies that President-elect Donald Trump should advance in his first 100 days. The 2024 U.S. presidential election has concluded with Republican candidate Donald Trump emerging as the victor. Trump captured 277 electoral votes and received 71.2 million votes in total, translating to 51% of the popular vote. Meanwhile, Democratic candidate Kamala Harris garnered 224 electoral votes and accumulated 66.28 million votes, representing 47.5% of the total. Amid Trump’s early lead, the crypto market experienced a surge, with Bitcoin (BTC) reaching a record-breaking high of over $75,000 earlier in the morning. Though BTC has since retreated slightly, it remains steady above the $74,000 mark. #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA #CryptoNewsUSA
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"Trump's Election Win Propels SUI's Rally: $3 Milestone in Sight"
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