• Trump, Biden Fight For Crypto Votes & Australia’s Top Exchange Gets Bitcoin ETF

  • Jun 19 2024
  • Duración: 26 m
  • Podcast

Trump, Biden Fight For Crypto Votes & Australia’s Top Exchange Gets Bitcoin ETF Por arte de portada

Trump, Biden Fight For Crypto Votes & Australia’s Top Exchange Gets Bitcoin ETF

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  • Resumen

  • Matt breaks down why cryptocurrency prices slid after the U.S. central bank’s big update. He also covers how Donald Trump and Joe Biden are warming to crypto; MicroStrategy’s latest capital raise; Bitcoin ETFs in Australia; and altcoin updates.

    Key Takeaways

    • Cryptocurrency prices after the U.S. Federal Reserve said it now anticipates just one rate cut in 2024, down from the three cuts estimated in March.
    • Presidential candidates Donald Trump and Joe Biden continue to up their engagement with the crypto industry, a promising development given both have historically opposed crypto. However, time will tell whether it lead to any favourable outcomes after November’s election.
    • Australia’s largest stock exchange, the ASX, approved its first spot Bitcoin ETF. This milestone should bring greater credibility to Bitcoin and crypto more broadly.
    • Among the altcoin updates covered: Lido’s involvement with Symbiotic and Mellow Finance, and Polygon and Arbitrum announce well-funded growth initiatives.
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