Blockchain is a decentralized digital ledger that records transactions instantly and simultaneously across the internet, ensuring transparency and security. It was originally developed for Bitcoin but now has applications ranging from financial services to supply chain management, and verification services. Blockchain Technology companies promise to increase transparency, reduce costs, eliminate intermediaries, and provide more secure record-keeping systems. As industries begin to adopt blockchain technology and cryptocurrencies, companies at the forefront of blockchain innovation are likely to gain and attract more investment.
Before the USA election, the world's largest bitcoin ETF saw record inflows of funds.
Both presidential candidates' prospects are bullish for encrypted assets, with strong demand driving the influx of $0.872 billion into Blackrock's iShares Bitcoin Trust ETF, the world's largest bitcoin ETF, on Wednesday.
Coinbase CEO: The usa will see the most supportive congress for cryptos in history.
①In the 2024 election cycle, cryptos have become an increasingly important issue, with both presidential candidates hoping to show goodwill towards the industry; ②Brian Armstrong, CEO of Coinbase, believes that US congressmen next year will be very friendly to the crypto market, it will be the most crypto-friendly congress ever.
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