#USConsumerConfidence
Crypto defenders focus on Congress as the Republican Party takes control of the U.S. Government.
The Republican Party now has full control of the Senate, the Executive Branch, and the House of Representatives in the United States.
Following the re-election of President Donald Trump in the United States, cryptocurrency advocacy groups have shifted their focus to key players in both chambers of Congress, which advocacy groups have characterized as the most pro-crypto Congress in history.
Ron Hammond, senior director of government relations at the Blockchain Association, told Cointelegraph editor Jesse Coghlan that the Senate Banking Committee and the House Financial Services Committee will play critical roles in shaping pro-crypto policies.
Congressman French Hill was elected chairman of the House Financial Services Committee in December 2024 and is highly critical of the previous administration's regulatory approach.
Analyst: 'FOMO-driven entries' from short-term Bitcoin holders set a bullish outlook
Short-term Bitcoin holders increasing their purchases during price surges, along with long-term holders continuing to accumulate despite everything, sets a "bullish tone" for the year, according to a crypto analyst.
Crypto defenders focus on Congress as the Republican Party takes control of the U.S. Government.
The Republican Party now has full control of the Senate, the Executive Branch, and the House of Representatives in the United States.
Following the re-election of President Donald Trump in the United States, cryptocurrency advocacy groups have shifted their focus to key players in both chambers of Congress, which advocacy groups have characterized as the most pro-crypto Congress in history.
Ron Hammond, senior director of government relations at the Blockchain Association, told Cointelegraph editor Jesse Coghlan that the Senate Banking Committee and the House Financial Services Committee will play critical roles in shaping pro-crypto policies.
Congressman French Hill was elected chairman of the House Financial Services Committee in December 2024 and is highly critical of the previous administration's regulatory approach.
Analyst: 'FOMO-driven entries' from short-term Bitcoin holders set a bullish outlook
Short-term Bitcoin holders increasing their purchases during price surges, along with long-term holders continuing to accumulate despite everything, sets a "bullish tone" for the year, according to a crypto analyst.