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Quick Take The market has not priced in a potential positive shift in crypto regulations if Republican candidate Donald Trump wins the U.S. presidential election, according to Bernstein analysts. Bitcoins’s price reacts positively to perceived improvements in odds for a Republican win, placing faith in Trump’s pro-crypto stance, the analysts said.
Digital asset investment products attracted another $1.35 billion in net inflows last week, bringing their latest positive streak to $3.2 billion, according to CoinShares.“Ethereum seems to have turned a corner,” overtaking Solana as the altcoin with the most inflows year-to-date, CoinShares Head of Research James Butterfill said.
Quick Take Mt. Gox transferred 0.021 BTC to a new wallet earlier this morning. One of the recipient addresses is labeled by Arkham as belonging to Bitstamp. Bitstamp was expected to receive bitcoin repayments for Mt. Gox creditors soon.
