The Republican Party has secured a majority in the U.S. House of Representatives, completing a sweep of the 2024 elections that saw Donald Trump return to the presidency and Republicans gain control of the Senate.
A GOP victory raises optimism, where crypto participants anticipate a friendlier regulatory environment under the new administration.
The House majority was solidified following Republican Juan Ciscomani’s victory in Arizona, granting the GOP the 218 seats necessary for victory and strengthening the party’s ability to pursue a pro-crypto legislative agenda many within the industry are hoping for.
Market indicators have reflected that upbeat sentiment, with Bitcoin climbing to a record $$93,477 on Wednesday as investors respond…
Nov 14 2024
