The SEC has given approval for the first American Bitcoin ETF, allowing bitcoin-based exchange-traded funds to enter Wall Street after a decade of being blocked. This development has made cryptocurrency a significant issue in the 2024 U.S. election cycle, with both major political parties addressing digital assets, blockchain technology, and regulatory frameworks. A recent survey shows that there is a distinct "crypto voter" demographic, with 71% of self-identified crypto voters across political parties preferring candidates who support transparent and fair crypto regulations. Candidates who pay attention to these trends are likely to adopt more balanced and informed regulatory approaches in the 2024 election.
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SEC Approves First American Bitcoin ETF as Cryptocurrency Emerges as Key Issue in 2024 Election Cycle
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yield on the US 10-year Treasury rose 2 basis points to 4.12%, reaching a new high since November 2020. -
Social media platform "X" has been fined €120 million by the European Union for violating content regulations.
social media platform "X" was fined 120 million euros by the European Union for violating content regulations. The European Commission stated that X violated three provisions of the Digital Services Act and gave X 60 days to provide a solution and 90 days to implement it. (Jin10) -
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The CEO of the asset management giant, whose IBIT is the largest of the spot BTC ETFs, said the state actors were buying not for a trade, but to hold for years.
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US investors consider crypto less as risk-taking drops: FINRA study
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