Cryptocurrencies were slightly higher as investors looked forward to results from the U.S. presidential election.
We believe bitcoin, being less than 0.1% of global financial assets, has enough headroom for growth regardless of election outcome."
"A constructive crypto friendly SEC would open opportunity for all crypto assets beyond bitcoin," he said.
And … if either side pushes towards a crypto friendly SEC.
The Trump side has promised a crypto friendly SEC, while the Harris side has promised to defend ownership of crypto assets, although the crypto community would have preferred more specific crypto policy from Harris."
Persons:
memecoins dogecoin, Shiba, bitcoin, Mara, Coinbase, Kamala Harris, Donald Trump, Harris, Bernstein, Gautam Chhugani, Chhugani, there's, Trump, Gary Gensler, Sen, Elizabeth Warren
Organizations:
U.S, Metrics, Solana, Mara Holdings, SEC, Trump, Securities and Exchange Commission
Locations:
bitcoin