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President-elect Donald Trump plans to appoint pro-crypto candidates for the top cabinet positions in key financial agencies, reported the Washington Post. The incoming President will adopt a more friendly stance toward cryptocurrency to deliver on his campaign promise to make the U.S. the “crypto capital of the planet.” Also Read: Standard Chartered: Trump Win May Push Crypto Market Cap to $10T JUST IN: President-elect Trump to appoint pro-crypto cabinet members to fulfill his promise of making the US the "crypto capital of the planet." pic.twitter.com/1AUwOuxUuB — Watcher.Guru (@WatcherGuru) November 12, 2024 The industry-friendly candidates could usher in a new era of federal policymaking, in which cryptocurrencies also play a part. The pro-crypto candidates soon to be appointed by Trump would ensure a more lenient regulatory environment. The 47th President is sticking to his campaign promise of making the U.S. the leader of the cryptocurrency and blockchain sphere. Also R...

Bitcoin could soar to $90,000 if Republican candidate Donald Trump becomes US president after November’s elections, but slump to $30,000 if Democrat Kamala Harris is triumphant, brokerage Bernstein said. A Trump win would benefit the cryptocurrency market via a more favorable regulatory environment that could eliminate risk barriers for financial institutions, said analysts led by Gautam Chhugani in a Sept. 9 research note. That would allow digital assets to compete more effectively with traditional assets for financial flows, and promote increased innovation, they said. NEW: @BernsteinBuzz SAYS $BTC COULD HIT $90K BY YEAR END IF @realDonaldTrump ,IS ELECTED OR DROP TO AS LOW AS $30K IF @KamalaHarris IS ELECTED — killz (@KillzzSol) September 9, 2024 Trump has been vocal about making the U.S. the Bitcoin capital of the world, and says he’ll implement policies to make it a Bitcoin mining “powerhouse.” He’s also said he’ll fire on day one ...