Growing confidence in Bitcoin and the broader cryptocurrency market has led most institutional investors to plan increased long-term allocations in crypto. In its annual Future Finance survey, Swiss crypto bank Sygnum found a higher appetite for crypto assets among institutional investors. The survey report, released on Nov. 14 and shared with Cointelegraph, highlighted shifting interests…
The ongoing legal battles between crypto firms and the United States securities regulator will likely fade away with Donald Trump reelected as the 47th president of the United States, Consensys CEO Joe Lubin said. “So my guess is, in a way that is not embarrassing, they figure out ways to get the cases dismissed or…
United States President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a new government agency, the Department of Government Efficiency (DOGE), aimed at reducing federal spending and cutting regulations. The new organization will “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” Trump stated. “This will send shockwaves…
Mike Novogratz, the founder of crypto investment and research firm Galaxy Digital, believes there is a “Low probability” that President-Elect Trump will establish a Bitcoin strategic reserve during his term. In an interview with Bloomberg TV, the Galaxy Digital CEO explained that he expects a clash between the different branches of government to obstruct the…
With Donald Trump’s reelection and a Republican majority in the Senate, crypto firms are ready to advocate for a “fresh perspective” on federal agencies. Ripple, one of the crypto companies engaged in battle courts with United States regulators, expects the new White House administration to remove digital assets’ policy from the courts, hoping for changes…
Hyperbridge, a long-awaited protocol for crosschain applications, launches its mainnet on Polkadot. Contrary to traditional finance, blockchain space is ripe with networks that can’t communicate with each other on their own. The lack of native interoperability between blockchains has long been an obstacle that prevents asset and data transfer across chains. Interoperability is key to crafting a…
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