The CEO and founder of DAIM, Brian Korshain, recently expressed strong optimism regarding the potential impact of former President Donald Trump’s support for Bitcoin. Korshain discussed Trump’s rumored plan to make Bitcoin a strategic reserve asset for the US government, stating that while it is “possible,” it could be “very difficult to get it done.”
Mining
The potential for a second Donald Trump presidency has the crypto industry on edge, as the former president has made promises to end President Joe Biden’s “crusade against crypto.” Trump’s rising odds of winning the U.S. elections have sparked concerns among foreign crypto exchanges like Binance, OKX, and Deribit. The possibility of a more crypto-friendly
In a recent statement, Ethereum co-founder Vitalik Buterin cautioned against solely backing political candidates based on their pro-cryptocurrency views. While acknowledging the significance of support for the crypto industry, Buterin emphasized the importance of broader values such as individual freedoms and technological progress. By focusing solely on cryptocurrency advocacy, Buterin argued that the fundamental principles
Recently, the price of Shiba Inu (SHIB) experienced a significant surge, followed by a 4.5% drop in the past 24 hours. This decline coincided with a substantial decrease in active Shibarium accounts and daily transactions. As Shibarium is a crucial part of the Shiba Inu ecosystem, these metrics play a vital role in determining SHIB’s
The world of cryptocurrencies is rife with bold predictions and optimistic forecasts, and Bitcoin developer Samson Mow is no exception. He firmly believes that BTC will inevitably reach $1 million, a staggering price target that seems almost too good to be true. Mow’s confidence in this prediction stems from Bitcoin’s ever-increasing demand and the upcoming
Cryptocurrency giants like Coinbase, Ripple, and Andreessen Horowitz (a16z) have taken a significant step by sending representatives to the Republican National Convention (RNC) and the upcoming Democratic National Convention (DNC). This move showcases their commitment to engaging with lawmakers from both political parties to advocate for policies that are favorable to the crypto industry. The
The Ministry of Finance in Russia has put forward a proposal to allow traditional exchanges to facilitate digital asset trading for a specific group of investors. This proposal aims to create specialized regulations for organized trading in digital currencies, considering them as commodities, based on either an exchange license or a trading system license. The
The upcoming United States elections set for November have the potential to reshape the American crypto industry. This is mainly due to the conflicting views of candidates on digital assets. As the race heats up, it is becoming apparent that crypto voters could play a pivotal role in determining the outcome of key races, especially
Cardano (ADA) has been making waves in the cryptocurrency market, recording a significant 20.29% price increase over the past seven days. This surge is in line with the current green movement seen in most cryptocurrencies, with ADA trading volume spiking since it hit a low of $0.335 on July 8. The impressive price performance of
Since the beginning of July, the Cardano blockchain has experienced a period of relative quietness, mirrored by a consolidation in the price of ADA. On-chain transaction data reveals that Cardano whales, who hold large amounts of ADA, have also been relatively quiet since the last week of June. Despite this, there was a recent spike