Bitcoin and Ethereum Expected to Surge Amid U S Monetary Policy Changes

Abra Global CEO Bill Barhydt predicts significant price increases for Bitcoin, Ethereum, Solana, and XRP, driven by shifts in U.S. monetary policy and potential interest rate cuts. He forecasts Bitcoin could soar from $96,500 to $350,000, while Ethereum may reach $8,000, as increased liquidity encourages investment in cryptocurrencies.

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Nebraska Lawmakers Consider Stricter Regulations for Cryptocurrency Kiosks

Nebraska lawmakers are considering Legislative Bill 609 to enhance regulations on cryptocurrency kiosks amid rising scams targeting seniors. AARP Nebraska highlights the dangers of these machines, which resemble ATMs but facilitate cryptocurrency transactions, making it difficult to recover lost funds. Public testimony is being gathered to address these consumer protection concerns.

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Tom Emmer Appointed Vice Chair of Digital Assets Subcommittee to Guide Crypto Future

Congressman Tom Emmer has been appointed Vice Chair of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, promising to lead the U.S. in crypto innovation following the departure of SEC Chair Gary Gensler. Emmer, a proponent of regulatory clarity, has contributed to significant legislation aimed at protecting users and fostering industry growth. He criticized Gensler’s tenure as harmful to the crypto sector and emphasized the need for American values to guide the future of digital assets.

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Trump’s Inauguration May Delay Crypto Regulation Changes According to NYDIG

As Donald Trump prepares for his inauguration, expectations for immediate changes to crypto regulations may be premature, according to NYDIG’s Greg Cipolaro. Key appointments and legislative processes will take time, with pressing issues like geopolitical conflicts and the budget potentially delaying crypto initiatives. While some positive signs exist regarding Trump’s picks for financial agencies, the full impact on crypto policy remains uncertain.

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