$BTC $ETH $SOL Donald Trump has made history by being the first major party nominee to court cryptocurrency traders .
Although Trump has previously criticized cryptocurrency, he has recently made a shift to become more friendly toward bitcoin and other digital assets .
His support for digital assets carries potential risks, as digital asset markets have experienced dramatic booms and busts in recent years .
Trump Gains Significant Lead Over Biden by Capturing the Crypto Vote.
🎀 Mt. Gox Transfers $840 Million in Bitcoin to New Wallet
The crypto exchange Mt. Gox moved 12,240 Bitcoins, valued at approximately $840 million, to a new wallet over the past hour . Mt. Gox holds over $9.5 billion in Bitcoin as repayment to creditors nears . The repayment process to creditors is set to commence before October 31, with repayments to be made in Japanese yen, Bitcoin and Bitcoin Cash, depending on creditors’ preferences .
🎀 JP Morgan Skeptical of Solana and Other Crypto ETF Approvals
JPMorgan's managing director and global market strategist, Nikolaos Panigirtzoglou, expressed skepticism regarding the SEC's willingness to approve ETFs for cryptocurrencies like Solana SOL/USD, given the ambiguity about Ethereum's classification as a security .
The SEC's decision to approve Ethereum ETFs was already a stretch due to ongoing ambiguity about Ethereum's classification as a security
🎀 Grayscale's Ethereum ETF Could Experience Significant Outflows: Analysis.
follow me and like share information with friends.
