U.S.-listed crypto stocks jump after Donald Trump’s pro-bitcoin speech

📆 29-07-24 13:34:00
📰 globeandmail

⏱ Reading Time:
24 sec. here
13 min. at publisher
📊 Quality Score:
News: 51%
Publisher: 92%

Streetwise Nouvelles

Crypto,Bitcoin,Trump

Crypto exchange Coinbase’s shares climbed 3.7%, while miners Bitfarms, Riot Platforms and CleanSpark were up between 3.4% and 4.5%

Shares of New York-listed cryptocurrency firms gained before the open on Monday after Republican presidential candidate Donald Trump talked up bitcoin and promised friendlier regulation for the industry.

“The crypto market interprets a scenario of a Trump win as more positive for crypto, in view of the Biden administration’s strong regulatory crackdown on crypto and pro-bitcoin statements by Trump,” Bernstein analysts wrote in a note. But the Securities and Exchange Commission Chair Gary Gensler, the administration’s top cop for crypto enforcement, has defended his view of the industry, citing the wild volatility and speculative nature of tokens like bitcoin.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Crypto funds recorded inflows of $1.44 billion last week, fueling crypto market reboundThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
La source: KitcoNewsNOW - 🏆 13. / 78 Lire la suite »