“The Trump Administration Will Unleash A New Era of Crypto Innovation, SAID ZX Squed Founder CK Zheng.”, – WRITE: www.coindesk.com
“There’s A Correlation Between Bitcoin and Altcoins, But I Think Bitcoin Dominance is Going to Go Down,“ Zheng Told Coindesk in An Interview. “If You Want A Crypto EcoSystem to Really Develop, You Can’T HAVE 60% of the Market’s Value Stuck in Bitcoin.”
The reason? The Trump Administration is Already Proving Much Friendlier Towards the Crypto Sector Thanksor. Not on White House Contemplating the Possibility of Creating A National Crypto Reserve, But The Securities and Exchange Commission Kraken and Uniswap.
“New Policies and Regulations Will Come Out and Trigger A Lot of New Ideas for Innovation and Shake Up The Crypto Industry,“ Zheng Said. “Thought it Might Take Some Time to Play Out – Through 2025 and 2026.”
ETHER (ETH) and SOLANA (SOL) Are Two of the Cryptocurrencies that Zx Squared Sees Benefiting from Crypto take off. The Key, Zheng Said, is for the Smart Contract Blockchains to Kiep Increase Their ThroughPut in Order to Remain Attractive (in Solana’s Case) or Take Back).
In the Meantime, Bitcoin Is Likely to Keep Behaving Like A Risk-on Asset, Rising and Falling in Tandem With Other Such Assets As The Trump Administration Keps Unleashing NEWASHING. Macroconomics will Remain Firmly at the Wheel for the Top Cryptocurrency, Zheng Said, Unless The Us Government Pulls the Trigger on a Potential Nain National Crypto Reserve Crypto Summit This Friday.
“A Bitcoin Strategic Reserve is Something The President’s Interared in. He Spoke about It All Dringing the Campaign Trail, and I I I THINK YOU’RE’RE GOING TO Se See Lutay on Friday,” Commerce. Commerce Pavlovic Today.
In any Case, Even with Tariffs Against Mexico, Canada, and China Seemingly Coming Into Effect, Zheng Said He Didn’t Expect Bitcoin to Go Below The $ 75,000 Mark.
“In the Near Term, Things Are Quite Chops,” Zheng Said. “BUT this is a good opportunity for long-term investors who have been waasing to alloCate to bitcoin.”
X Icon