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Reuters: Regardless of who takes over the White House, the cryptos industry in the USA will usher in a "regulatory spring."
On Thursday (October 30th), Reuters reported that despite years of conflicts with the Democratic President Biden administration on regulatory issues, executives in the cryptos industry expect that whoever takes over the White House next week, Washington will adopt a more lenient stance.
Before the US presidential election, the largest bitcoin ETF in the world saw record inflows.
The prospects for both presidential candidates are bullish for cryptocurrency assets, with strong demand driving the influx of $0.872 billion into Blackrock's iShares Bitcoin Trust ETF, the world's largest bitcoin ETF, on Wednesday.
Daily Summary of Digital Currency (2024-11-01)
Former USA President Trump posted on social media platform X: "I want to wish our great bitcoin enthusiasts a happy 16th anniversary of Satoshi Nakamoto's whitepaper. We will end Harris's war on cryptos, Bitcoin will be made in the USA! Vote for Trump!"
Peter Schiff's Grim Forecast: Microstrategy's Bitcoin Gamble Nears Dangerous Limits
Express News | MicroStrategy has been purchasing bitcoin every quarter since Q3 2020.
Microstrategy Unveils $42 Billion Plan to Power Large-Scale Bitcoin Purchases