Crypto Market Gets Trumped
In this episode of the Crypto Trends Podcast, hosted by Robert Croak and Armando Pantoja, the discussion focuses on the effects of Donald Trump's election victory on the cryptocurrency and blockchain markets. They analyze Bitcoin's recent all-time high amidst Trump's win, the role of prediction markets, and the impact of $541 million outflows just before the election. Predictions about Bitcoin's future, the influence of institutional investors, and the potential removal of SEC's Gary Gensler are also covered. The hosts discuss the launch of XRP's Price Oracle amendment and its implications. They then explore Nvidia's potential investment in Elon Musk's AI startup, XAI, and the synergy across Musk's ventures. Finally, they emphasize the bullish outlook for crypto and AI due to the Trump presidency, highlighting several promising cryptocurrencies and stocks like Near Protocol and MicroStrategy.