Crypto

Bitcoin (BTC) Price Hits $76K as Crypto Liquidations Soar, Coinbase (COIN) Rockets 30% Higher on Trump Sweep

The recent election outcome has been a boon for the cryptocurrency industry, with experts predicting key regulatory improvements in the near future. David Lawant, head of research at crypto prime brokerage FalconX, expressed optimism in a Wednesday report, stating that “expectations of key regulatory improvements are likely to build in the coming months and quarters.”

This newfound clarity in regulations could pave the way for the introduction of additional crypto ETF products, covering a wide range of crypto assets. There is also the possibility of a broader crypto index being introduced, providing entrepreneurs and investors with more confidence in launching token projects in the U.S.

Despite the positive outlook, Lawant cautioned about potential short-term risks. These risks may include “last-minute enforcement actions by departing officials,” highlighting the need for vigilance in the industry.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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