Transaction URL: https://etherscan.io/tx/0xc38885eda358c25c87d67e524ea88d8c8d17b6316b385f6d59d5dd7a04f7b6d3
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The dramatic rise of Bitcoin past $90,000 and the overall market cap of cryptocurrencies reaching $3.1 trillion highlight a pivotal moment in the financial sector. Bitcoin’s dominance, currently at 58.9% of the total cryptocurrency market cap, underscores its significant influence and leadership within the market.
The surge in Bitcoin’s value coinciding with market optimism after President-elect Donald Trump’s victory suggests that many investors anticipate a regulatory environment favorable to cryptocurrencies. The substantial 30% increase in Bitcoin’s value over the past week, including a 10.1% rise in just the last 24 hours, reflects intense market dynamics and investor confidence.
As we approach the end of the year, the expectations for continued gains not only for Bitcoin but also for other digital assets remain high. This could potentially usher in a robust period for the broader cryptocurrency market, as investors and financial institutions increasingly engage with these digital assets.
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It’s 2024. Donald Trump has just clinched the election again, Bitcoin’s hit a new all-time high, inflation’s running hotter than the DeLorean’s flux capacitor, and everyone’s wondering, “What’s next?” As we all wrestle with the wild pace of history, there’s a flash in the sky, a crackle of lightning, and who should appear but Doc Brown himself. He hops out of the DeLorean, eyes wild and hair wilder, and says, “Forget…
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You may be experiencing some déjà vu. But for the Fed, 2024 is very different from 2016.
While our president-elect and his ambitious economic plans (tax cuts, tariffs, stricter immigration policies) are the same today as they were eight years ago, the economy is in a vastly different place. Last week’s election results may have come too late for committee members to consider them in their interest rate decision, but there is still one more meeting before the end of the year.
Back in December 2016 (roughly six weeks after Donald Trump was elected for his first term), the FOMC,…
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This morning MARA, the largest publicly-traded Bitcoin mining company, shared that it will be rolling out three new data centers in the U.S.
Would it have made such an announcement had Harris won the election? Probably. (It’s not like they whisked up these data centers overnight.)
But would they have made the announcement with such gusto, highlighting the fact that the bitcoin the company mines will be “Made In USA”? Probably not.
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With the 2024 election all but final, it’s clear Donald Trump, the soon-to-be 47th President of the United States, will be the most pro-Bitcoin leader in U.S. history The big question remains, however: How effective will he be in operationalizing his strategy?
At Bitcoin 2024, Trump – as well as Robert F. Kennedy Jr. and Republican Senator Cynthia Lummis – made clear…
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This weekend, I went back to college…in the sense that I traveled up north to the Midwest Blockchain Conference, which was held on the University of Michigan’s campus.
I was the lone reporter on site, which meant I had unfettered access to eager crypto-native college students looking to learn more about the industry and tech. I also got to connect with the speakers and workshop leaders guiding them along the way.
Students from universities including the University of Kansas, Vanderbilt and the University of Illinois, among others, gathered in Ann Arbor. The vibes were pretty positive, with a lot of chatter about what’s next for crypto given last week’s election…
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