Expert: Trump’s policy could provide a “tremendous justification” for cryptocurrencies
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Brady Dell, Axios Crypto reporter and author of “SBF: How The FTX Bankruptcy Unwound Crypto’s Very Bad Good Guy,” joins Catalysts to discuss his cryptocurrency predictions for 2025 as the new administration prepares to take office.
Dell is closely monitoring whether the SEC will withdraw its lawsuits against major cryptocurrency companies like Coinbase (currency), noting that the potential ability to “make deals” will greatly impact the cryptocurrency sector.
Regarding the incoming Trump administration’s stance on cryptocurrencies, Dale is confident that they are pro-cryptocurrencies, saying: “I think they definitely are.”
“Remember, all Trump said he wanted to do was hold Bitcoin (Bitcoin-dollar) that they bring in through law enforcement action,” he told Yahoo Finance. “Even just the US act of saying ‘look, we’re intentionally holding bitcoin and considering it an asset and not just something that we hold for a year or so’,” he adds. … I think this will be a massive validation of the asset class and will be a huge boost for it.’
To see more expert insights and analysis on the latest market movements, check out More Catalysts here.
This post was written by Angel Smith
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