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Pennsylvania legislators introduce bill to invest in bitcoin and crypto ETFs as a 'hedge against inflation'

A Pennsylvania bill aims to allow the state treasurer to invest in bitcoin, promoting diversification and inflation hedging, mirroring a similar federal proposal by Sen. Lummis.

theblock.co • 14/11/2024 - 19:51 PM

Sen. John Thune to lead the Senate as majority leader following moves to back crypto legislation

Sen. John Thune, a pro-crypto Republican from South Dakota, has been elected Senate Majority Leader and supported significant crypto legislation like DCCPA and the repeal of SAB 121.

theblock.co • 13/11/2024 - 18:54 PM

'Get long and stay long': Trumponomics path to a weaker dollar and $1 million bitcoin, says Arthur Hayes

Arthur Hayes suggests Trump's economic policies may weaken the dollar, leading to significant inflation and making bitcoin a stronger alternative, potentially driving its price to $1 million.

theblock.co • 12/11/2024 - 15:33 PM

The Digital Chamber urges US lawmakers to pass stablecoin legislation immediately as usage grows

Cody Carbone, president of The Digital Chamber, said he expects stablecoin legislation to be on President-elect Donald Trump’s desk in 2025. Carbone said he hoped the report would be a motivation for lawmakers and pointed to other countries that are looking to bolster their use of stablecoins, including China or Russia.

theblock.co • 12/11/2024 - 12:51 PM

Bipartisan crypto legislation more likely to pass under Trump, but 'will not be an initial priority': TD Cowen

TD Cowen predicts U.S. crypto regulations may shift under Trump, with potential legislation for stablecoins and compliance, but initial priorities will focus elsewhere, facing challenges.

theblock.co • 11/11/2024 - 20:33 PM

'Buy everything you can,' Bernstein says amid Trump-fueled crypto bull market resurgence

Bitcoin hits $80,000 after Trump's election, prompting Bernstein analysts to suggest investors buy crypto, anticipating favorable regulatory conditions and predicting a $200,000 price target by 2025.

theblock.co • 11/11/2024 - 11:33 AM

Trump’s election and surging Solana memecoin activity set positive tone for crypto markets, say Coinbase analysts

Coinbase analysts are optimistic about the crypto market due to favorable economic conditions and pro-crypto candidates, highlighting Solana’s growth in memecoin trading as a major contributor.

theblock.co • 08/11/2024 - 17:08 PM

Crypto market cap could triple by end of 2026 with Republican sweep of US Congress: Standard Chartered analyst

Republicans gaining Congress control could triple cryptocurrency market cap to $10 trillion by 2026, driven by favorable policies, with significant growth in crypto gaming and tokenization.

theblock.co • 08/11/2024 - 16:54 PM

Ethereum OG Vinay Gupta wants to pitch Trump on bringing effective UK crypto policy to the US

Vinay Gupta aims to influence U.S. crypto policy under Trump's administration, advocating for a pro-business approach while facing regulatory challenges and proposing foundational blockchain initiatives.

theblock.co • 07/11/2024 - 15:27 PM

Crypto's regulatory headwind has turned into a tailwind following Trump's victory, Bernstein says

Analysts at Bernstein said that crypto’s regulatory headwind had turned into a tailwind following Donald Trump’s election victory. The analysts also reiterated their call for bitcoin to approach $90,000 by the end of this year and reach a bull cycle target of $200,000 in 2025.

theblock.co • 06/11/2024 - 14:47 PM

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