27th November 2024 Digital Bytes
Part 1: Trade wars to tax breaks - how Trump’s economic policies shaped the cryptocurrency landscape - the US-China trade war, tax cuts and deregulation under Trump’s administration had a profound influence on the cryptocurrency landscape with tariffs sparking an interest in Bitcoin as a “borderless” asset protecting against geopolitical risks. Tax cuts have provided consumers with more disposable income which has boosted crypto investments, whilst deregulation has encouraged institutional involvement particularly with crypto custodial services. Stimulus payments have also added fuel to the fire, leading to increased retail interest in Bitcoin and decentralised finance (DeFi). In essence, these policies have helped shape an environment ripe for cryptocurrency growth and development.
Building trust in the metaverse: how soulbound tokens could transform social interactions and online communities - soulbound tokens (SBTs) represent immutable digital credentials tied to a user’s identity. …
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