Bright Horizons Ahead: Bitcoin And Mining Industry Poised For Success — Study

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As Bitcoin carves out a position in the world’s financial landscape, recent events in the US have given it a bright future. At least, this is what an analyst at H.C. Wainwright & Co. sees.
Mike Colonnesse offered a weekly study on July 30 outlining several positive elements driving the Bitcoin and BTC mining sector including institutional momentum, expected legislative reforms, and political endorsement.
Trump’s Agenda On The Market
The expert detailed former President Donald Trump’s crucial position in crypto. Trump, currently running as a Republican, discussed his cryptocurrency idea at Bitcoin 2024. One of his goals is to make the United States the dominant global force in Bitcoin mining and set up a government bank with about $12 billion in Bitcoin.

Trump’s recommendations are barely distinctive. While Senator Lummis has developed a strategic reserve plan, independent candidate Robert F. Kennedy has proposed hoarding one million Bitcoin. Together, these po

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