Tether's (USDT) usage on Bitcoin and Lightning network continues to face scrutiny. Despite the criticism, some investors like
Vinny Lingham are steering clear of the meme coin economy.
Significant fluctuations in the value of Rupee and Trum's meme coin have sparked various opinions.
Bitcoin dominance is expected to reach 71% before the next altcoin season, according to researchers.
Chairman and CEO of
MicroStrategy, Michael Saylor, voiced his disagreement with having a Strategic Bitcoin Reserve and advised against buying the Bitcoin dip.
The
cryptocurrency market continues to grow, with the total valuation nearing a record $3.4 trillion and the potential to surpass France's GDP.
Major advancements are also being made in the field of stablecoins, with trading volume skyrocketing to $1.8 trillion in November.
The potential for the total
cryptocurrency market value to hit $10 trillion by 2026 under Trump's administration is encouraged by firms including Standard Chartered, and the
DOGE price could possibly be influenced by Bitcoin's market cap hitting a predicted $61 trillion by VanEck.
Concerns have been raised over a potential Far reaching outcomes are to be expected though the Democrats appears nonplussed regarding cryptocurrencies.
The continued increase of
Bitcoin's value cannot be thwarted by the US election, according to Dan Tapiero. BlackRock's Head of Crypto argued that Bitcoin should not be classified as a 'risk-on' asset.
Trading volumes in other sectors including the altcoin market and Dogecoin might be influenced by these fluctuations.
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