In this CNBC Crypto World segment, experts discuss how a Trump presidency could positively influence the cryptocurrency market and startups. Vance Spencer from Framework Ventures anticipates a friendlier regulatory landscape, which could spur growth in decentralized finance (DeFi) and projects that connect traditional finance with blockchain. He points out Ethereum's profitability and the potential rise of new Layer-1 blockchains as key players. While acknowledging Bitcoin's current high prices, he maintains a long-term optimistic view. Overall, the sentiment is upbeat, with expectations of significant growth fueled by clearer regulations and increasing interest from institutional investors.
Sign in to continue reading, translating and more.
Continue