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Bitcoin's highly anticipated halving events have historically been pivotal moments for the cryptocurrency, often leading to significant price movements and renewed interest from investors. The 2024 halving, which will reduce the block reward from 6.25 to 3.125 bitcoins per block, is expected to follow this trend. However, the landscape surrounding Bitcoin, particularly in relation to the US elections, adds an intriguing layer of complexity to its post-halving performance. ### The Halving Effect Bitcoin halving events are programmed into the cryptocurrency's code and occur approximately every four years, or after every 210,000 blocks are mined. The halving reduces the rate at which new bitcoins are created, thereby increasing scarcity. This scarcity is a key component of Bitcoin's value proposition, often leading to price increases as demand outpaces the dwindling supply. Historically, Bitcoin's price has experienced significant gains in the months following a halving event. For example, after the 2020 halving, Bitcoin's price surged from around $8,000 to over $60,000 within a year, showcasing the potential for substantial returns for investors. ### The 2024 US Elections Factor The 2024 US elections are expected to have a unique impact on Bitcoin's post-halving performance. Cryptocurrencies, including Bitcoin, have become a topic of interest and debate among politicians and policymakers. The outcome of the elections, including the composition of Congress and the stance of the administration towards cryptocurrencies, could influence regulatory decisions that may impact Bitcoin's adoption and price trajectory. A pro-crypto administration and Congress could lead to favorable regulatory environments, potentially boosting investor confidence and driving up Bitcoin's price. Conversely, a more hostile stance towards cryptocurrencies could introduce uncertainty and hinder growth. The 2024 Bitcoin halving is expected to be a significant event that will likely impact Bitcoin's price and market dynamics. #BTChaving2024 #UsaElections #USACryptoTrends
Bitcoin's highly anticipated halving events have historically been pivotal moments for the cryptocurrency, often leading to significant price movements and renewed interest from investors. The 2024 halving, which will reduce the block reward from 6.25 to 3.125 bitcoins per block, is expected to follow this trend. However, the landscape surrounding Bitcoin, particularly in relation to the US elections, adds an intriguing layer of complexity to its post-halving performance.

### The Halving Effect

Bitcoin halving events are programmed into the cryptocurrency's code and occur approximately every four years, or after every 210,000 blocks are mined. The halving reduces the rate at which new bitcoins are created, thereby increasing scarcity. This scarcity is a key component of Bitcoin's value proposition, often leading to price increases as demand outpaces the dwindling supply.

Historically, Bitcoin's price has experienced significant gains in the months following a halving event. For example, after the 2020 halving, Bitcoin's price surged from around $8,000 to over $60,000 within a year, showcasing the potential for substantial returns for investors.

### The 2024 US Elections Factor

The 2024 US elections are expected to have a unique impact on Bitcoin's post-halving performance. Cryptocurrencies, including Bitcoin, have become a topic of interest and debate among politicians and policymakers. The outcome of the elections, including the composition of Congress and the stance of the administration towards cryptocurrencies, could influence regulatory decisions that may impact Bitcoin's adoption and price trajectory.

A pro-crypto administration and Congress could lead to favorable regulatory environments, potentially boosting investor confidence and driving up Bitcoin's price. Conversely, a more hostile stance towards cryptocurrencies could introduce uncertainty and hinder growth.

The 2024 Bitcoin halving is expected to be a significant event that will likely impact Bitcoin's price and market dynamics. #BTChaving2024 #UsaElections #USACryptoTrends
TRADITIONAL MONEY (FIAT) VS CRYPTOCURRENCY (DIFFERENCES AND SIMILARITIES ) We shall start by establishing the main differences between traditional fiat money (Naira, Euros, Dollars, Pounds, etc.) and crypto (Bitcoin, Ethereum, etc.). The main difference would be that crypto is a decentralized and global digital currency, or, in other words, outside the control of the banks and not backed by a central government. As a result, cryptocurrency is immune to the old ways of government control and interference. Otherwise, there is no fundamental difference. Both fiat currency and cryptocurrency can be called money or currency. Both, in their essence, are mediums of exchange that are used to store and transfer value. Cryptocurrency, as well as fiat currency, can be used to purchase goods and services. Both have their value governed by supply, demand, work, scarcity, and other economic factors. *(e-Zigurat.com).* #btc #USACryptoTrends
TRADITIONAL MONEY (FIAT) VS CRYPTOCURRENCY (DIFFERENCES AND SIMILARITIES )

We shall start by establishing the main differences between traditional fiat money (Naira, Euros, Dollars, Pounds, etc.) and crypto (Bitcoin, Ethereum, etc.). The main difference would be that crypto is a decentralized and global digital currency, or, in other words, outside the control of the banks and not backed by a central government. As a result, cryptocurrency is immune to the old ways of government control and interference.
Otherwise, there is no fundamental difference. Both fiat currency and cryptocurrency can be called money or currency. Both, in their essence, are mediums of exchange that are used to store and transfer value. Cryptocurrency, as well as fiat currency, can be used to purchase goods and services. Both have their value governed by supply, demand, work, scarcity, and other economic factors. *(e-Zigurat.com).*
#btc #USACryptoTrends
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🚨 JUST IN: Department of Justice Set to Reveal Major Action at 3 PM ET Today. Today at 3 PM ET, the Department of Justice is set to make a significant announcement, revealing a series of enforcement actions targeting the cryptocurrency sector. What will they be? 👀 🧐 #SECImpact #USACryptoTrends #airdropking @BinanceSquareCN @Binance_csy Let's watch with a cup of hot Bitcoin coffee 🤩 $BTC @Airdropking
🚨 JUST IN: Department of Justice Set to Reveal Major Action at 3 PM ET Today.

Today at 3 PM ET, the Department of Justice is set to make a significant announcement, revealing a series of enforcement actions targeting the cryptocurrency sector. What will they be? 👀 🧐 #SECImpact #USACryptoTrends #airdropking @币安广场 @Binance_csy

Let's watch with a cup of hot Bitcoin coffee 🤩 $BTC

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#fucepay https://faucetpay.io/?r=5506175 Title: Join FaucetPay: Your Gateway to Crypto Faucets and More! Are you interested in earning cryptocurrency effortlessly? Look no further than FaucetPay – the ultimate platform for accessing crypto faucets, games, and more. https://faucetpay.io/?r=5506175 With FaucetPay, you can conveniently earn various cryptocurrencies by completing simple tasks, participating in faucet rounds, playing games, and even by referring friends. It's an easy and efficient way to dip your toes into the world of crypto without any significant investment. https://faucetpay.io/?r=5506175 Here's why you should join FaucetPay today https://faucetpay.io/?r=5506175 $PEPE #USACryptoTrends #ETH🔥🔥🔥
#fucepay
https://faucetpay.io/?r=5506175

Title: Join FaucetPay: Your Gateway to Crypto Faucets and More!

Are you interested in earning cryptocurrency effortlessly? Look no further than FaucetPay – the ultimate platform for accessing crypto faucets, games, and more.
https://faucetpay.io/?r=5506175
With FaucetPay, you can conveniently earn various cryptocurrencies by completing simple tasks, participating in faucet rounds, playing games, and even by referring friends. It's an easy and efficient way to dip your toes into the world of crypto without any significant investment.
https://faucetpay.io/?r=5506175
Here's why you should join FaucetPay today

https://faucetpay.io/?r=5506175
$PEPE #USACryptoTrends #ETH🔥🔥🔥
Binance Pushes for Global Expansion Last month, #Binance unveiled its joint venture crypto exchange Binance Thailand, which came in collaboration with Gulf Innova, a subsidiary of Gulf Energy Development. Binance Thailand, abbreviated as Binance TH, provides a platform for digital asset exchange services with Thai baht trading pairs. It has also integrated with local banks in Thailand and forged a partnership with Binance Kazakhstan for brokerage services, all under the watchful supervision of Thailand’s SEC. The move came as Binance.US and its global parent company, Binance, have faced regulatory scrutiny in recent months. In June, the Securities and Exchange Commission (SEC) initiated an enforcement action against them, alleging the sale of unregistered securities. The SEC lawsuit named Binance founder Changpeng Zhao as one of the defendants, accusing him of controlling Binance.US despite claiming it operated independently. In November, Zhao stepped down as CEO and pleaded guilty to an anti-money laundering violation, agreeing to pay a $50 million fine. Binance, as a company, also settled with the Justice Department, the Treasury Department, the Commodity Futures Trading Commission, and the Office of Foreign Assets Control, paying a hefty $4.3 billion in penalties #Write2Earn #Thailand #USACryptoTrends $BNB
Binance Pushes for Global Expansion

Last month, #Binance unveiled its joint venture crypto exchange Binance Thailand, which came in collaboration with Gulf Innova, a subsidiary of Gulf Energy Development.

Binance Thailand, abbreviated as Binance TH, provides a platform for digital asset exchange services with Thai baht trading pairs.

It has also integrated with local banks in Thailand and forged a partnership with Binance Kazakhstan for brokerage services, all under the watchful supervision of Thailand’s SEC.

The move came as Binance.US and its global parent company, Binance, have faced regulatory scrutiny in recent months.

In June, the Securities and Exchange Commission (SEC) initiated an enforcement action against them, alleging the sale of unregistered securities.

The SEC lawsuit named Binance founder Changpeng Zhao as one of the defendants, accusing him of controlling Binance.US despite claiming it operated independently.

In November, Zhao stepped down as CEO and pleaded guilty to an anti-money laundering violation, agreeing to pay a $50 million fine.

Binance, as a company, also settled with the Justice Department, the Treasury Department, the Commodity Futures Trading Commission, and the Office of Foreign Assets Control, paying a hefty $4.3 billion in penalties
#Write2Earn #Thailand #USACryptoTrends $BNB
A serious warning on the quickly expanding NFT business has been released by the US Treasury Department. The study, "Non-Fungible Token (NFT) Illicit Finance Risk Assessment," identifies a number of NFT and related platform security flaws. NFTs can be utilized for illicit activities like supporting terrorists, money laundering, and the spread of weapons. NFTs are appealing to illegal activity because of their possibility. Among the assets susceptible to theft and fraud are NFTs. Serious dangers are present in this scenario for platforms as well as individual investors. #NFT​ #USACryptoTrends
A serious warning on the quickly expanding NFT business has been released by the US Treasury Department. The study, "Non-Fungible Token (NFT) Illicit Finance Risk Assessment," identifies a number of NFT and related platform security flaws. NFTs can be utilized for illicit activities like supporting terrorists, money laundering, and the spread of weapons. NFTs are appealing to illegal activity because of their possibility. Among the assets susceptible to theft and fraud are NFTs. Serious dangers are present in this scenario for platforms as well as individual investors.
#NFT​ #USACryptoTrends
🚨 A House resolution to overturn the controversial SEC bulletin on crypto assets is expected to pass in the Senate Thursday , per sources. Stay tuned for updates! #USACryptoTrends #SECCryptoRegulation #CryptoNewsUSA #CryptoNews🚀🔥 The resolution targets SEC Staff Accounting Bulletin 121, which critics say deters companies from holding crypto assets for customers. If passed and signed by President Biden, it would block the SEC from issuing similar guidance in the future. However, a presidential veto threat looms.
🚨 A House resolution to overturn the controversial SEC bulletin on crypto assets is expected to pass in the Senate Thursday , per sources. Stay tuned for updates! #USACryptoTrends #SECCryptoRegulation #CryptoNewsUSA #CryptoNews🚀🔥

The resolution targets SEC Staff Accounting Bulletin 121, which critics say deters companies from holding crypto assets for customers. If passed and signed by President Biden, it would block the SEC from issuing similar guidance in the future. However, a presidential veto threat looms.
CryptoMaXia 😺#SHIB 💥 SHIB Lead Shytoshi Kusama Changes Location on Twitter, SHIB Army Puzzled #cryptonews $SHIB 0.01 instantly once a time. I have to say buy $1000 shiba inu and hold it That's all 🚀🤝A Shiba Inu-focused Twitter/X account whose owner belongs to the Japanese SHIB army, @kuro_9696_9696, has shared a screenshot of the X account of the Shiba Inu lead developer Shytoshi Kusama, pointing out a change in Kusama's location mark.Shytoshi Kusama in Singapore? According to it, the pseudonymous leader of the SHIB developer team is currently in Singapore. The SHIB community responded with mixed comments to that tweet. Some tweeted that the leader of SHIB developers is having some time to himself. Several SHIB fans criticized Kusama and the SHIB development team for lack of activity, which, allegedly, leaves the Shiba Inu community on its own.Similar thoughts were voiced by the SHIB community in May last year, when Kusama changed his location tag for "Japan." Shytoshi Kusama changes his location mark on Twitter occasionally, and every time it causes waves of puzzled and/or supportive comments from the community.New SHIB burn era about to arrive Earlier this week, Shiba Inu's marketing lead expert Lucie tweeted that the SHIB team is launching a newera in SHIB burns, referring the community to a Shiba Magazine issue released prior to her tweet. Currently, SHIB developers have started transitioning the layer-2 blockchain Shibarium's Puppynet from one Ethereum-based network to another - from Goerli to Sepolia. This will ensure faster transactions, improved functionalities of smart contracts and overall a better user experience.Aside from that, the developers are currently busy launching an automated system of burning Shiba Inu meme coins in exchange for the manual system used previously.In November, December and January so far, the SHIB development team has burned more than 40 billion SHIB in five massivetransactions, where each one carried more than four trillion SHIB to unspendable blockchain addresses.#trendingtoday #USACryptoTrends #etf

CryptoMaXia 😺

#SHIB 💥 SHIB Lead Shytoshi Kusama Changes Location on Twitter, SHIB Army Puzzled #cryptonews $SHIB 0.01 instantly once a time. I have to say buy $1000 shiba inu and hold it That's all 🚀🤝A Shiba Inu-focused Twitter/X account whose owner belongs to the Japanese SHIB army, @kuro_9696_9696, has shared a screenshot of the X account of the Shiba Inu lead developer Shytoshi Kusama, pointing out a change in Kusama's location mark.Shytoshi Kusama in Singapore? According to it, the pseudonymous leader of the SHIB developer team is currently in Singapore. The SHIB community responded with mixed comments to that tweet. Some tweeted that the leader of SHIB developers is having some time to himself. Several SHIB fans criticized Kusama and the SHIB development team for lack of activity, which, allegedly, leaves the Shiba Inu community on its own.Similar thoughts were voiced by the SHIB community in May last year, when Kusama changed his location tag for "Japan." Shytoshi Kusama changes his location mark on Twitter occasionally, and every time it causes waves of puzzled and/or supportive comments from the community.New SHIB burn era about to arrive Earlier this week, Shiba Inu's marketing lead expert Lucie tweeted that the SHIB team is launching a newera in SHIB burns, referring the community to a Shiba Magazine issue released prior to her tweet. Currently, SHIB developers have started transitioning the layer-2 blockchain Shibarium's Puppynet from one Ethereum-based network to another - from Goerli to Sepolia. This will ensure faster transactions, improved functionalities of smart contracts and overall a better user experience.Aside from that, the developers are currently busy launching an automated system of burning Shiba Inu meme coins in exchange for the manual system used previously.In November, December and January so far, the SHIB development team has burned more than 40 billion SHIB in five massivetransactions, where each one carried more than four trillion SHIB to unspendable blockchain addresses.#trendingtoday #USACryptoTrends #etf
Binance | USReport: Happy new year! 🎉 In 2023, we saw the US hit Binance with a $4 billion settlement and launched high-profile lawsuits against crypto companies. In 2024, the US is likely to continue to take strict enforcement actions against market participants. Is that the right path for the US? 🇺🇸 As CNBC writes:'While many regions have passed laws with potentially tough penalties, the U.S. is still the only country that has actively taken action against large-scale crypto companies and projects. Thus far, the U.S. has led that campaign against crypto firms by enforcement and has, by far, been the most punishing of regulators when it comes to penalties and fines.'Considering that the US was instrumental in popularising crypto initially, its unique and forceful regulatory stance is likely to face criticism for potentially hampering innovation and diminishing its competitive edge in the dynamic crypto landscape. The possibility of companies relocating abroad appears to serve as a strategic leverage in negotiations with regulatory bodies:'But crypto companies have begun to push back, with some threatening to decamp from the U.S. entirely should this dynamic of policing by enforcement continue.'However, the concern of the crypto industry extends beyond harsh penalties; it involves the unpredictability and ambiguity of the US regulatory landscape. 💭While the US lacks specific legislation tailored for the crypto industry, the EU 🇪🇺 is poised to implement its Markets in Crypto-Assets (MiCA) legislation in the upcoming year. The US has been a prominent and stringent enforcer concerning fraud and security within the crypto market, but other countries are rapidly catching up with more detailed and comprehensive regulatory frameworks:'However, other regions, including Singapore, Dubai, Hong Kong, and the European Union, are also developing robust regulatory frameworks, ... While these regions may not be as visible in international media for enforcement actions, they possess significant and sometimes stringent regulatory mechanisms.'It's obvious that there's a global competition for regulatory transparency and coherence. 🥇🥈🥉 If the US doesn't maintain a proactive and effective regulatory strategy, it risks losing its position as a benchmark for crypto standards. Other regions are ready to step in, offering clearer and more appealing regulatory environments that could lure businesses away from the US. #BTC #USACryptoTrends

Binance | US

Report: Happy new year! 🎉 In 2023, we saw the US hit Binance with a $4 billion settlement and launched high-profile lawsuits against crypto companies. In 2024, the US is likely to continue to take strict enforcement actions against market participants. Is that the right path for the US? 🇺🇸 As CNBC writes:'While many regions have passed laws with potentially tough penalties, the U.S. is still the only country that has actively taken action against large-scale crypto companies and projects. Thus far, the U.S. has led that campaign against crypto firms by enforcement and has, by far, been the most punishing of regulators when it comes to penalties and fines.'Considering that the US was instrumental in popularising crypto initially, its unique and forceful regulatory stance is likely to face criticism for potentially hampering innovation and diminishing its competitive edge in the dynamic crypto landscape. The possibility of companies relocating abroad appears to serve as a strategic leverage in negotiations with regulatory bodies:'But crypto companies have begun to push back, with some threatening to decamp from the U.S. entirely should this dynamic of policing by enforcement continue.'However, the concern of the crypto industry extends beyond harsh penalties; it involves the unpredictability and ambiguity of the US regulatory landscape. 💭While the US lacks specific legislation tailored for the crypto industry, the EU 🇪🇺 is poised to implement its Markets in Crypto-Assets (MiCA) legislation in the upcoming year. The US has been a prominent and stringent enforcer concerning fraud and security within the crypto market, but other countries are rapidly catching up with more detailed and comprehensive regulatory frameworks:'However, other regions, including Singapore, Dubai, Hong Kong, and the European Union, are also developing robust regulatory frameworks, ... While these regions may not be as visible in international media for enforcement actions, they possess significant and sometimes stringent regulatory mechanisms.'It's obvious that there's a global competition for regulatory transparency and coherence. 🥇🥈🥉 If the US doesn't maintain a proactive and effective regulatory strategy, it risks losing its position as a benchmark for crypto standards. Other regions are ready to step in, offering clearer and more appealing regulatory environments that could lure businesses away from the US. #BTC #USACryptoTrends
Investor Sentiment in the United States Amid Market Downturn As the initial thrill of Bitcoin ETF approvals fades, investors closely monitor upcoming economic events for potential impacts on the cryptocurrency market.Amid a dwindling fervor for Bitcoin ETFs, the upcoming week in the United States holds significance with key events and quarterly earnings reports. Notable highlights include sales data and consumer sentiment reports, contributing to the overall economic landscape.The Kobeissi Letter, a macroeconomics outlet, has outlined crucial economic events scheduled for the week starting January 15. This period follows a highly volatile week in the crypto markets, marked by the landmark approval of spot Bitcoin ETFs.Key Economic Events This WeekMonday – Martin Luther King Day:While it's a holiday in the US, investors remain attentive to economic reports, anticipating potential signals for an interest-rate cut as early as March.January 17 – Retail Sales Report:The release of the December retail sales report provides insights into consumer spending on various durable and non-durable goods. This data serves as a barometer for the economy's health, consumer spending patterns, and inflation pressures on purchases.Wednesday – Industrial Production Report:Released by the Federal Reserve, this report on Wednesday reveals the volume of production in US industries such as manufacturing, mining, and utilities. It stands as a leading indicator of GDP growth and overall economic performance.Scheduled for January 19, this month's preliminary consumer sentiment index report holds significance as it influences consumer spending confidence, a key metric used by the Fed to calculate the Index of Inflation Expectations.In addition to economic indicators, this week sees the release of quarterly earnings reports from major banks. On Tuesday, Goldman Sachs, Morgan Stanley, and PNC Financial are set to report, followed by Charles Schwab on the following day.However, a notable shift in sentiment comes from TV host Jim Cramer, who, after recently expressing bullish sentiments on Bitcoin, has reversed his stance, speculating on potential market rollovers similar to the recent fluctuations in tech and Bitcoin.Crypto Market OverviewCrypto markets have been gradually retreating over the weekend, reaching a total capitalization of $1.75 trillion by Monday morning trading in Asia. The decline, marking a 6% drop since the yearly high on January 10, aligns with the anticipated crypto correction.Bitcoin experienced a dip to a 2024 low of $41,750 in early trading, subsequently recovering to $42,216 at the time of writing. Notably, BTC has shed 13% since its recent ETF-induced peak.Altcoins present a mixed scenario, with losses observed for ETH, ADA, and TRX, while LINK and TON showcase gains amidst the market fluctuations.#BTC #USACryptoTrends

Investor Sentiment in the United States Amid Market Downturn

As the initial thrill of Bitcoin ETF approvals fades, investors closely monitor upcoming economic events for potential impacts on the cryptocurrency market.Amid a dwindling fervor for Bitcoin ETFs, the upcoming week in the United States holds significance with key events and quarterly earnings reports. Notable highlights include sales data and consumer sentiment reports, contributing to the overall economic landscape.The Kobeissi Letter, a macroeconomics outlet, has outlined crucial economic events scheduled for the week starting January 15. This period follows a highly volatile week in the crypto markets, marked by the landmark approval of spot Bitcoin ETFs.Key Economic Events This WeekMonday – Martin Luther King Day:While it's a holiday in the US, investors remain attentive to economic reports, anticipating potential signals for an interest-rate cut as early as March.January 17 – Retail Sales Report:The release of the December retail sales report provides insights into consumer spending on various durable and non-durable goods. This data serves as a barometer for the economy's health, consumer spending patterns, and inflation pressures on purchases.Wednesday – Industrial Production Report:Released by the Federal Reserve, this report on Wednesday reveals the volume of production in US industries such as manufacturing, mining, and utilities. It stands as a leading indicator of GDP growth and overall economic performance.Scheduled for January 19, this month's preliminary consumer sentiment index report holds significance as it influences consumer spending confidence, a key metric used by the Fed to calculate the Index of Inflation Expectations.In addition to economic indicators, this week sees the release of quarterly earnings reports from major banks. On Tuesday, Goldman Sachs, Morgan Stanley, and PNC Financial are set to report, followed by Charles Schwab on the following day.However, a notable shift in sentiment comes from TV host Jim Cramer, who, after recently expressing bullish sentiments on Bitcoin, has reversed his stance, speculating on potential market rollovers similar to the recent fluctuations in tech and Bitcoin.Crypto Market OverviewCrypto markets have been gradually retreating over the weekend, reaching a total capitalization of $1.75 trillion by Monday morning trading in Asia. The decline, marking a 6% drop since the yearly high on January 10, aligns with the anticipated crypto correction.Bitcoin experienced a dip to a 2024 low of $41,750 in early trading, subsequently recovering to $42,216 at the time of writing. Notably, BTC has shed 13% since its recent ETF-induced peak.Altcoins present a mixed scenario, with losses observed for ETH, ADA, and TRX, while LINK and TON showcase gains amidst the market fluctuations.#BTC #USACryptoTrends
$BTC $Bitcoin Becoming More Important in 2024 The survey reveals that 47% of voters plan to include crypto in their investment portfolio, highlighting the growing importance of digital assets in political discourse. The survey shows that 32% of voters are now more inclined to educate themselves about crypto investments. This change in sentiment can be attributed to macroeconomic factors; 28% of respondents identify inflation as the most critical issue in the upcoming elections. Amid ongoing geopolitical tensions, polarized political debates, and ongoing inflation, many Americans are turning to Bitcoin as a potential hedge. Grayscale points to several key developments that are increasing Bitcoin's appeal, including the approval of spot Bitcoin exchange-traded funds (ETFs). These developments are likely to attract greater attention from both policymakers and candidates. Related News: The Expected Happened! BlackRock's ETF Passed Grayscale! What will happen now? Here are the Details “It seems clear that crypto will increasingly be taken into consideration by policymakers and candidates across all offices as they prepare to run in the 2024 elections,” Grayscale said. Former President and 2024 Republican candidate Donald Trump recently voiced his support for the US crypto economy and defended American leadership in the global crypto market. This stance drew criticism from prominent figures such as billionaire Mark Cuban, who suggested that the outcome of the 2024 elections could depend on the current administration's crypto regulations. “If Joe Biden loses, there's a good chance you'll thank Gary Gensler and the SEC,” Cuban said in a post on X. Polling conducted before Trump's pro-crypto comments revealed a divide among voters over party alignment with crypto policies. An equal share of 30% of voters believe that both the Democratic and Republican parties are favorable to crypto. #Elections2024 #BTC☀ #btc70k #USACryptoTrends #USA. $BTC
$BTC $Bitcoin Becoming More Important in 2024

The survey reveals that 47% of voters plan to include crypto in their investment portfolio, highlighting the growing importance of digital assets in political discourse.

The survey shows that 32% of voters are now more inclined to educate themselves about crypto investments.

This change in sentiment can be attributed to macroeconomic factors; 28% of respondents identify inflation as the most critical issue in the upcoming elections.

Amid ongoing geopolitical tensions, polarized political debates, and ongoing inflation, many Americans are turning to Bitcoin as a potential hedge.

Grayscale points to several key developments that are increasing Bitcoin's appeal, including the approval of spot Bitcoin exchange-traded funds (ETFs).

These developments are likely to attract greater attention from both policymakers and candidates.

Related News: The Expected Happened! BlackRock's ETF Passed Grayscale! What will happen now? Here are the Details

“It seems clear that crypto will increasingly be taken into consideration by policymakers and candidates across all offices as they prepare to run in the 2024 elections,” Grayscale said.

Former President and 2024 Republican candidate Donald Trump recently voiced his support for the US crypto economy and defended American leadership in the global crypto market.

This stance drew criticism from prominent figures such as billionaire Mark Cuban, who suggested that the outcome of the 2024 elections could depend on the current administration's crypto regulations.

“If Joe Biden loses, there's a good chance you'll thank Gary Gensler and the SEC,” Cuban said in a post on X.

Polling conducted before Trump's pro-crypto comments revealed a divide among voters over party alignment with crypto policies.

An equal share of 30% of voters believe that both the Democratic and Republican parties are favorable to crypto.
#Elections2024 #BTC☀ #btc70k #USACryptoTrends #USA.
$BTC
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