The first week of November 2024 will surely go down in crypto history. Up until this point, we saw multiple institutions, asset managers, and even smaller countries endorse Bitcoin. We have the likes of BlackRock, Fidelity, VanEck, multiple billionaires, celebrities, and countless others show their support for the cryptocurrency industry.
What this means is that the current regime instilled by the Biden administration pretty much waged a war on crypto. Companies within the US and abroad were under constant pressure of prosecution, hindering their reach and prospects.
Of course, it’s now a matter of “if” Trump will keep his promises. However, during his election campaign, he accepted millions of donations in crypto from industry companies and leaders. If one thing is certain, it’s that the entire community is now looking forward to him honoring his word.