ReadR

ReadR

ReadR: Read and Share all content, headlines, news and trends results with Seefinish ReadR App.


Discover Content : Trends

Discover real-time trending topics, news headlines, twitter trends, google trends, hashtags, and content from different countries in the world.

Search Here

Navigation Tabs

Top Countries

Select Country:๐ŸŒ

Worldwide ๐ŸŒ | Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ | South Africa ๐Ÿ‡ฟ๐Ÿ‡ฆ | Kenya ๐Ÿ‡ฐ๐Ÿ‡ช |Brazil ๐Ÿ‡ง๐Ÿ‡ท| Canada ๐Ÿ‡จ๐Ÿ‡ฆ | United Kingdom ๐Ÿ‡ฌ๐Ÿ‡ง| United States ๐Ÿ‡บ๐Ÿ‡ธ



Headline : As Trump Takes a Victory Lap, the Crypto Faithful Kiss the Ring

Read more from the original article on here at www.wired.com.





Tags : #trump #takes #victory #lap #crypto #faithful #kiss #ring



No. of Paragraph 23

The denizens of cryptoland have erupted into celebration and gleeful told-you-so's after Donald Trump, the self-styled โ€œcrypto president,โ€ was voted back into the White House on Wednesday morning.

Under the Democratic administration led by President Joe Biden, crypto companies have felt they were being singled out for persecution by US financial regulators and denied access to essential services like banking. Democratic presidential candidate Kamala Harris, the current vice president, was viewed by the crypto faithful as complicit by proximity and likely to replicate this strategy. (Harris never declared her intentions towards the crypto industry.) But a victory for Trump marks the start of a promising new chapter, they say.

โ€œThis election was completely existential for crypto in the US,โ€ claims Nic Carter, a general partner at crypto-focused VC firm Castle Island Ventures. โ€œThe first [response] is relief. We have been trying to build businesses with one hand tied behind our backs. I canโ€™t emphasize how hard that is.โ€

Under Trump, the industry expects a far friendlier reception from regulators, says Carter, as well as legislation that sets out specific rules for crypto firms. And if Trump incorporates bitcoin into the US governmentโ€™s balance sheet, advocates speculate it could stoke demand for bitcoin among other world powers, thereby further inflating the price, which rose to record heights after Trumpโ€™s victory was confirmed. In short, to them, everything is coming up Milhouse.

Read more from the original article on here at www.wired.com.


Related Headlines : As Trump Takes a Victory Lap, the Crypto Faithful Kiss the Ring (in Google.com):

Hello, below you have a "Web" tab to read more content and an "Image" tab to get related pictures

Example : Trends, Country, News, Jobs, Scholarships, Investment, Business, Politics, Adverts, Fashion, Events, Technology and more.