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Controversies, job cuts, too many lobbyists. A lot happened despite a relatively quiet week on the markets.
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News Analysis
Controversies, job cuts, too many lobbyists. A lot happened despite a relatively quiet week on the markets.
Plus: Paul Atkins was confirmed and ETH ETF options were approved.
PLUS: World Liberty Financial’s token sale, Coinbase in India, Ripple in Dubai
Years ago, a Supreme Court decision opened the door for more corporate money in politics, and a trio of crypto companies has blasted that door off its hinges.
BTC’s big milestone captured global headlines. So why were my friends more interested in Hawk Tuah coin?
Donald Trump and the Republican Party at large had a strong 2024 election, winning the presidency, Senate and House. This almost certainly guarantees crypto legislation will advance and become law sometime in the next two years. It also heralds a potentially softer approach from regulators toward the sector.
After years of legal wrangling with the U.S. securities regulator, President-elect Donald Trump’s win was taken by the crypto industry as a definitive sign that their courtroom shackles and enforcement actions would be thrown off when he takes the oath of office again.
It is Election Day in the U.S. At some point in the coming hours, days and weeks, we’ll know which major party wins control of the House of Representatives, the Senate and the White House. Presidential candidates Kamala Harris and Donald Trump might get most of the headlines, but which political party controls Congress probably means a lot in terms of how cryptocurrencies will be treated in the nation, especially in the short term.
The latest crypto election poll illustrates — according to its industry sponsor — that single-issue crypto voters exist. That’s a point the industry has been seeking to score for months, and its potential ramifications in future Washington policy discussions could run deep.
With less than three weeks until the U.S. presidential election, traders are positioning themselves for what’s to come after Nov. 5 and how a new administration will respond to factors affecting financial markets, including crypto.