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The cryptocurrency domain is President Trump’s newest point of focus. Trump has made his stance on digital assets quite clear, adding how he wants the United States to take the cryptocurrency sector seriously and emerge as the ultimate leader out of the global pool of nations vying for the top spot. He doesn’t want to share this title with anyone, not with China or any other nation, and is trying his best to bring about new cryptocurrency use cases for the world to witness and seek inspiration from. While the adoption rate is slow, it is rapid and consistent, and can be increased skillfully if Trump implements these 3 elements as soon as possible. Also Read: Trump Eyes $1 Trillion Saudi Mega-Deal, Cuts Netanyahu Ties as Peace Talks Stall 3 Ways Trump Can Strengthen the Cryptocurrency Industry 1. Widespread Institutional Crypto Adoption Source: Watcher Guru If Bitcoin is truly as striking and monumental as Trump makes it out to be, the first thing the US can do is to pave the...

The wider cryptocurrency market entered a strong bull run on November 5, the day that the United States presidential election was held.  In the following weeks, Bitcoin (BTC) struggled to breach the $100,000 price point — and as the deadlock extended, altcoin season came — a period when other cryptocurrencies outperformed the world’s largest digital asset. However, things took a dramatic turn for the worse on December 18, when the Federal Reserve (FED) Federal Open Market Committee (FOMC) meeting was made public. While the bodies did end up going with an expected 25 basis point rate cut, they also announced that only two rate cuts will come in 2025 — whereas investors were expecting to see four. Picks for you Here are XRP key support and resistance levels to watch this weekend 1 hour ago ...

The SEC has officially approved options for BlackRock’s iShares Spot Bitcoin ETF. Options are contracts that grant the right to buy or sell an underlying asset at a certain price. The move is a major one for BlackRock’s clients that already participate in the iShares Bitcoin trust. JUST IN: SEC approves options for BlackRock's spot #Bitcoin ETF. — Watcher.Guru (@WatcherGuru) September 20, 2024 Options are critical for institutional adoption of Bitcoin, especially with the highly volatile crypto ETFs. Since their launch in January 2024, Bitcoin ETFs have performed extremely well, with BlackRock and Grayscale’s ETFs leading the pack. In March 2024, the success of Bitcoin ETF and large streams of inflows brought BTC to a new all-time high of $73,000. Options could also arrive for Spot Ethereum ETFs. Last month , Nasdaq and BlackRock filed to add options to their ETH fund. However, that deadline is much further away. If approval is granted, it wouldn’t be until Apr...