The banana zone is upon us.
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As we wait for the election results, it feels like we’re in for a wild ride
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We have the results. Trump was the best outcome for the crypto market. “Uponly” as the young ones say.
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I think it will only keep growing
today 93K =)
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The crypto industry plowed tens of millions into the election. Now, it’s looking for a return on that investment
The cryptocurrency industry’s leading super PACs plowed $131 million into congressional races this election cycle to help elect dozens of pro-crypto lawmakers, while individual billionaires with crypto interests spent millions to help return Donald Trump to the White House.
Now, they are determined to change how Washington treats their business.
Goals include ensuring Trump selects a crypto-friendly Securities and Exchange Commission chair to replace Gary Gensler, whose aggressive enforcement actions during the Biden administration enraged cryptocurrency CEOs. Industry groups are also lobbying Congress to pass a regulatory framework that they say is needed to pull crypto into the mainstream of the US financial system.
https://edition.cnn.com/2024/11/17/politics/crypto-industry-donald-trump-reelection/index.html