According to cryptocurrency journalist Shalini Nagarajan, after President Trump is elected, he plans to hire about 24 CEOs and founders of the crypto industry to form a crypto advisory committee. The committee is likely to provide guidance on digital asset policy and work with Congress to draft crypto legislation. It also aims to build a strategic bitcoin reserve and deliver on Trump's campaign promises. In addition, it will work with key government entities, including the SEC, CFTC, and Treasur...
According to IntoTheBlock, after the US election, the volume of large bitcoin transactions surged, reaching a peak of $90 billion on Wednesday, indicating a significant increase in whale activity.
KAMA hit an all-time high of 2.4 cents within minutes of Biden's announcement that he was dropping his re-election bid. KAMA, with a market capitalization of $24 million, is now nearly four times that of Biden-inspired token BODEN, which was once the cryptocurrency king of so-called PolitiFi. BODEN fell nearly 50 percent after Biden's announcement.