With the re-election of Donald Trump as the 47th president, the cryptocurrency and tech sectors are buzzing with anticipation. The Bitcoin price has soared to a new all-time high about $75,000, while shares of Coinbase, the largest U.S.-based crypto exchange, skyrocketed over 14% to more than $200. The surge reflects optimism that a pro-crypto administration could usher in regulatory reforms and a more favorable environment for digital assets.
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With the Trump administration's return, Silicon Valley elites have entered a transformative phase, positioning Elon Musk's platform X (formerly Twitter) as a potential global hub for discourse and influence. This alliance of powerful tech figures, including Musk, Peter Thiel, and Marc Andreessen, aligns strategically to support Trump's vision, creating a scenario where X could dominate as the world's primary communication platform.
With Donald Trump’s return to the Oval Office, the U.S. crypto industry is witnessing a newfound optimism. At the forefront of this optimism is Brian Armstrong, Coinbase’s CEO, whose net worth surged by over $2 billion following the election. Armstrong’s outspoken reflections on the results, published on X, highlight what he believes to be a pivotal moment for economic freedom and the crypto community’s mission.
With the re-election of Donald Trump as the 47th president, the cryptocurrency and tech sectors are buzzing with anticipation. The Bitcoin price has soared to a new all-time high about $75,000, while shares of Coinbase, the largest U.S.-based crypto exchange, skyrocketed over 14% to more than $200. The surge reflects optimism that a pro-crypto administration could usher in regulatory reforms and a more favorable environment for digital assets.
With Donald Trump’s return to the Oval Office, the U.S. crypto industry is witnessing a newfound optimism. At the forefront of this optimism is Brian Armstrong, Coinbase’s CEO, whose net worth surged by over $2 billion following the election. Armstrong’s outspoken reflections on the results, published on X, highlight what he believes to be a pivotal moment for economic freedom and the crypto community’s mission.