Trump Win Could Boost Tech, Says Cathie Wood

Cathie Wood, the CEO of ARK Invest, thinks a Donald Trump victory in the upcoming election could be a big boost for several tech sectors, especially blockchain. Deregulation and Innovation Wood believes that Trump’s policies, including deregulation and lower government spending, could create a perfect environment for innovation. She specifically highlights five major technology platforms:…

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Bitcoin’s Big Run: A Bubble About to Burst?

Trump’s Win Sends Bitcoin Soaring After Donald Trump won the 2024 US presidential election, Bitcoin went on a wild ride. The price skyrocketed to a new all-time high of $75,407, fueled by excitement over Trump’s pro-crypto promises. He’s pledged to make Bitcoin a national treasure, fire the head of the SEC (the agency that regulates…

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A New Stablecoin Network Aims to Change the Game

Big names in crypto are teaming up to create a new stablecoin network called the Global Dollar Network. The goal? To make stablecoins more widely used in everyday transactions. Who’s Involved? The network is a collaboration between some of the biggest players in the crypto world, including: Robinhood Kraken Galaxy Digital Anchorage Digital Bullish Nuvei…

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Bitcoin ETFs Take a Hit Before US Elections

Bitcoin exchange-traded funds (ETFs) experienced a significant drop in investments on Monday, marking their second-largest single-day outflow since they launched earlier this year. This comes after a week of positive performance, with the ETFs seeing a record inflow of $2.2 billion just last week. A Sudden Shift in Sentiment The recent downturn in Bitcoin ETF…

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