Republican Senate majority signals more ‘pro-crypto Congress’
A Republican-led Senate is poised to pass clearer crypto regulations, signaling a shift toward industry-friendly policies in the US.
A Republican-led Senate is poised to pass clearer crypto regulations, signaling a shift toward industry-friendly policies in the US.
Follow Cointelegraph’s live updates on the 2024 US election and its potential impact on crypto regulations, markets and the future of digital assets.
One market analyst said there’s “no reversal in sight” for Ethereum’s value against Bitcoin.
The crypto industry is watching Senate races in Ohio, Montana, Pennsylvania, Wisconsin, and Massachusetts — all seen as key to getting pro-crypto lawmakers into office.
Bitcoin miners could be squeezed out by deep-pocketed tech giants that can outbid them for prime power sources.
Memecoins DOGE and SHIB have outperformed on US election day as US citizens cast their ballots.
Warren has amassed nearly 75% of the votes for the Massachusetts seat, setting her up for a third term in the United States Senate.
Follow Cointelegraph’s live updates on the 2024 US election and its potential impact on crypto regulations, markets and the future of digital assets.
Other key indicators suggest that Bitcoin’s long-term floor price is above $40,000.
The latest market analysis suggests that if Bitcoin’s MVRV ratio continues to increase, BTC price could be in the six-figure range by 2025.