Top News in the Crypto Industry for November

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November has come to an end, and it’s time to look back at the most significant events and individuals in the world of cryptocurrencies that have left their mark this month. In this review, we’ll discuss the significant fluctuations in Bitcoin’s price, the steady growth of Ethereum, innovations from leading crypto exchanges, and the attention-grabbing figures. Get ready to learn more about what’s happening in the crypto industry and how these events could impact the future of the market.

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Trump’s Victory and Bitcoin’s Historic High

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Trump's Victory and Bitcoin's Historic High

Donald Trump became the 47th President of the United States, causing a sharp rise in Bitcoin to a new all-time high of $79,789 (data as of the time of the elections). The volume of funds in Bitcoin ETFs reached a record $25.49 billion. The victory of the Republican candidate, who promised to make the US the cryptocurrency capital of the world, could radically change the regulatory landscape of the industry in the world’s largest economy.

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Main Crypto Industry News for October

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October 2024 has come to an end, and it’s time to talk about the most prominent news of the past month:

  • Electronic Money and US Elections: The crypto industry is actively supporting US presidential candidates, with particular attention to Donald Trump and Kamala Harris.

The cryptocurrency industry is actively participating in the 2024 US presidential campaign, supporting various candidates. Donald Trump and Kamala Harris have received significant support from crypto investors. The reason for this support is their promises to implement more favorable legislative conditions for cryptocurrencies and blockchain. Some analysts believe that the election results could significantly impact the future regulation of cryptocurrencies in the US.

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