Strategy has amassed 60% of its total holdings since Trump’s election, with its third-largest dollar-value purchase last week.
US Elections 2024 News
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With millions in crypto flowing into US elections, governments worldwide face pressure to regulate digital campaign contributions.
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Bitcoin price roared to a new all-time high above $112,000. Cointelegraph explains why.
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Trump may issue an executive order to protect crypto firms from banking discrimination, ending what some call Operation Chokepoint 2.0, according to The Wall Street Journal.
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Bitcoin may see more upside if the world’s two largest trading nations finalize their tariff deal and end global economic uncertainty.
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Ether investment products saw $296 million in inflows last week despite a market slowdown, as investors await clarity from the US Fed’s June rate decision.
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Elon Musk’s feud with President Trump caused Dogecoin’s 7% drop in the last 24 hours, but sell-off risks to $0.06 remain.
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Wintermute joins at least eight other large crypto firms that announced their expansion to the US, banking on improved regulatory clarity for the Web3 industry.
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Abu Dhabi’s MGX will use a Trump-affiliated stablecoin to settle a $2 billion investment into Binance in one of Web3’s largest funding deals.
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Polymarket’s Trump/Ukraine mineral deal bet sparked a backlash as a whale-controlled vote settled it incorrectly, raising concerns over manipulation and governance risks.
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Financial institutions are also positioning themselves for upcoming US stablecoin legislation, which may be finalized in the next two months.
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Bitcoin could rally to $110,000 as investors await key PCE inflation data out of the US, with analysts saying easing macro risks may trigger a strong April performance.
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US President Donald President Trump won every swing state in the 2024 election with heavy support from the cryptocurrency industry.
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Crypto executives are still waiting for detailed guidance from the White House on issues like securities regulation and taxation.
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Some industry watchers say political donations are necessary for the emergence of more regulatory clarity around cryptocurrencies.
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