Crypto Gains Momentum as Markets Eye Trump Election
The Conversation reports that the cryptocurrency market is closely watching the upcoming U.S. presidential election, with investors speculating on its potential impact on crypto assets. According to Larisa Yarovaya from The University of Southampton, Donald Trump's previous support for cryptocurrencies could lead to a surge in Bitcoin prices if he wins. However, she warns prospective investors about the inherent volatility and behavioral biases present in these markets.
XRP News Today: SEC Appeal Outcome Holds Key for XRP
FX Empire highlights how Ripple's ongoing legal battle with the SEC remains pivotal for XRP's future. With an appeal deadline set before January 2025, speculation mounts over whether a Trump victory might influence regulatory decisions favorably towards Ripple by potentially altering leadership at the SEC. Meanwhile, recent court proceedings have prompted discussions around possible resolutions or dismissals related to class claims against Ripple Labs.
Bitcoin Traders Take a Breather as BTC Price Metrics Hint New Highs Are Incoming
Cointelegraph discusses Bitcoin’s price trajectory following its near all-time high achievement last month. Despite some corrections due to macroeconomic factors like strong U.S. economic data affecting demand for alternative investments such as gold and Bitcoin itself, various metrics suggest optimism among traders regarding sustained bullish momentum above $73K levels soon.
How Did the Bitcoin Whitepaper Shape the Crypto World We See Today?
The Economic Times delves into Satoshi Nakamoto’s seminal work—the Bitcoin whitepaper—and its profound influence on today’s digital currency landscape. By introducing concepts of decentralization and digital scarcity through blockchain technology back then, it laid foundational principles driving innovations across diverse sectors globally now embracing decentralized finance solutions beyond just cryptocurrencies themselves!
Sources:
- Crypto gains momentum as markets eye Trump election – four things to consider before you invest
- XRP News Today: SEC Appeal Outcome Holds Key for XRP as BTC-Spot Inflows Impress
- Does US Dollar Need to Collapse for Bitcoin to Hit $200K? Bitwise Says No
- How did the Bitcoin whitepaper shape the crypto world we see today?
- Bitcoin traders take a breather as BTC price metrics hint new highs are incoming
- Bitcoin approaches all-time highs: Is an altcoin season on the horizon?
- Bitcoin and Ethereum dominate 97% of trades on Crypto.com
- Reddit exits Bitcoin and Ethereum investments despite BTC nearing peak
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- Is It Time to Forget Bitcoin and Buy Altcoins Instead?
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- Analyst: ETH, SOL are not the best shot at a 100x win in 2024, but this RWA altcoin is
- Why These Altcoins Are Trending Today — October 30
- Trump Win Could Spark Altcoin Rally, Says Bitwise’s Matt Hougan
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- Bitcoin ‘Trump hedge’ rally lacks macro conditions for all-time high
- Will Trump’s Win Favor ETH & SUI? This $0.03 Altcoin Could Outshine Spot Ethereum ETF Gains
- Optimistic Ethereum (ETH) Price Targets: Parabolic Move to $4K Possible?
- Ethereum Price Prediction: ETH Upbeat But Will Struggle to Retest All-Time Highs
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