Trump Plans to Make Cryptocurrencies a National Priority
According to Bloomberg, US President-elect Trump plans to issue an executive order to establish cryptocurrencies as a national priority. It also envisions the establishment of a cryptocurrency advisory committee within the government. These steps aim to provide government agencies with guidance on collaborating with the crypto industry and increase the strategic importance of the industry. The Trump team has also reportedly discussed the issue of stopping crypto lawsuits at the federal level.
by Darkex Research – 1 min read
US-Centered Cryptocurrencies are a Matter of Controversy
Following the New York Post’s news that “Trump looks favorably on the inclusion of US-based cryptocurrencies in reserves such as Bitcoin”, the cryptocurrencies that could be included in this group have started to be discussed in the public.
by Darkex Research – 1 min read
Tether Considers Expanding US Operations
According to Bloomberg, Tether CEO Paolo Ardoino stated that the crypto regulatory environment in the US could improve following Trump’s election. Tether is considering expanding its US operations in this context. In addition, Tether’s profits for 2024 are expected to exceed $10 billion due to the 120% increase in Bitcoin assets.
by Darkex Research – 1 min read
ETH Transfer from World Liberty
According to Spot on Chain, the Trump-linked World Liberty fund transferred another 1,038 ETH (about $3.44 million) to Coinbase about 3 hours ago. The fund has transferred a total of 14,611 ETH (about $47.34 million) in the last two days and still holds 5,111 ETH (about $17.12 million).
by Darkex Research – 1 min read
Biden May Delegate Authority to Trump for TikTok Ban
According to ABC News, the Biden administration has announced that it will not take action to force TikTok to close its US operations. While TikTok is expected to take the initiative, the implementation of the ban will be left to the Trump administration.
by Darkex Research – 1 min read
Great Expectation for Litecoin ETFs
CoinDesk estimates that if the Litecoin ETF receives market acceptance similar to the Bitcoin ETF, it could generate between $290 million and $580 million in capital inflows in the first year. This is equivalent to about 6% of LTC’s current market capitalization.
by Darkex Research – 1 min read
