Canaan has just rolled out two exciting new products, the Avalon Mini 3 and the Nano 3S.
56% of financial advisors ready to adopt Bitcoin
A new survey by Bitwise has some juicy insights, because more than half of U.S. wealth advisors are feeling a lot more enthusiastic about investing in cryptocurrency following Donald Trump’s presidential victory.
IMF urges Kenya to revamp crypto laws
The International Monetary Fund is stepping in with some strong advice for Kenya, as it’s time to update those outdated crypto regulations.
A dog that doesn’t bark – Dogecoin is pretty quiet
Dogecoin has been pretty quiet lately, and that might just be a golden opportunity for traders.
Doubts on Trump’s ability to carry out pro-crypto policy
Trump’s political ascent has significantly influenced Bitcoin’s market trajectory, with his 2024 election victory aligning with new all-time highs for the cryptocurrency.
His pro-crypto stance, highlighted by proposals for a national Bitcoin reserve and plans for a more crypto-friendly SEC, could strengthen bullish market sentiment if these initiatives materialize.
Investors should closely follow regulatory developments, including changes in SEC leadership, legislative moves, and economic policies such as tax reforms, which may increase Bitcoin’s appeal as an asset.
However, the degree of impact on Bitcoin’s price will depend on the implementation of these policies and the prevailing economic environment.
In the short term, Trump’s statements and policy shifts could also trigger heightened market volatility, underscoring the dynamic interplay between politics and crypto markets.
Ryan Lee, Chief Analyst at Bitget Research
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Easier trading for institutions in South Korea
Big changes are on the horizon for South Korea’s crypto market, as the Financial Services Commission has announced plans to gradually lift restrictions on institutional crypto trading, following the introduction of the Virtual Asset User Protection Act in July 2024.
You can do bank transfers to Coinbase wallet now
If you’re using Coinbase Wallet, you’re in for a treat, as they’ve just rolled out a feature that makes managing your finances smoother than ever. Now, you can fund your wallet with bank transfers.
