poll [Trending] - Is the Crypto Sector About to Boom? - Thoughts...

[Eric Lyon]

As the title indicates, there's been a lot of waves lately in the news about the crypto sector and how it's about to BOOM!

For perspective:

According to the national survey commissioned by the Crypto Council for Innovation, an industry group backed by companies including Coinbase, Paradigm, Fidelity Digital Assets and Block, 52% of respondents said they wanted more regulation in the space. Only 7% said they’d want to see less regulation...

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That's right. Our mystery bachelor is Bitcoin (CRYPTO: BTC), which across that decade-and-a-half long stretch has been the most familiar and popular cryptocurrency. That's a fine position to be in these days since investors have eagerly been piling into all manner of digital coins and tokens since Election Day. As Bitcoin is the undisputed crypto leader it has rocketed to new heights. Might it even cross the $95,000 level by weekend's end?..

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Market data shows that Bitcoin has increased its price by 0.77% over the last 24 hours, currently trading at $68,550. Over that length of time, the price has oscillated between $67,600 and $69,325 — a variation of 2.55%. The current price is also over 5.6% lower than this week’s $73,460 high, following changes in the outlook for the upcoming United States presidential elections...

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President Donald Trump’s decisive victory all but ensures a pullback on crypto-related enforcement once he takes office. In July, Trump pledged to fire Gensler on the first day of his second administration while headlining a Bitcoin conference in Nashville. ..

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Reaching above $75,000 for the first time in its history, the cryptocurrency’s sudden surge came from Trump’s promise to support the crypto industry if elected. It marked a 50 per cent increase in bitcoin’s price since August...

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There are thousands of related articles across the internet like the ones quoted above, giving heavy speculation backed by data that the future is going to be bright for the crypto sector.

Even the Federal Reserve jumped on the band-wagon with the potential of CBDC:

While the Federal Reserve has made no decisions on whether to pursue or implement a central bank digital currency, or CBDC, we have been exploring the potential benefits and risks of CBDCs from a variety of angles, including through technological research and experimentation. Our key focus is on whether and how a CBDC could improve on an already safe and efficient U.S. domestic payments system...

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With an already budding Web3 (Crypto/Blockchain) handshake/Alternate root domain option in the market, it's quite possible that a BOOM in cryptocurrencies could also effect the domain industry with more specific/alternate payment options, additional handshake/alternate root extensions, additional payment gateway integrations with existing websites, etc...

For more Perspective:

One notable realm where cryptocurrencies exhibit significant potential is within the Domain Name Systems (DNS), an integral pillar of the internet infrastructure. Conventional DNS functions akin to a digital phone book, translating user-friendly website names into IP addresses essential for computer connections.

Blockchain domains serve as innovative solutions, essentially operating as a naming registry for crypto addresses. In the world of cryptocurrencies, where addresses are often lengthy and intricate, blockchain domains play a pivotal role in simplifying transactions. By associating a user-friendly name with a crypto address, these blockchain domains facilitate transactions that are not only more straightforward but also inherently more secure...

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With all the above in mind and a shift that's already being felt with Bitcoin's jump in value, share your thoughts on the Crypto Sector and cast your vote in the poll.

 

[HaveANiceDay]

yes but tulipomania went to zero... cryptos btc and or stablecoins will never go to zero .. well until next asteroid or other ways that kill electricity and internet

Thats what could say any tulipholder or dotcomer) dont believe in system. Play game but dont trust it

 

[alcy]

jesus
hope somebody here had Like 100k of tezos.

cause now u got 160k

 

[domvault]

crypto is at a all time high , 4 trillion market cap almost, that is like 6th largest country in terms of GDP , just wow.

 

[alcy]

say hello to your future lol

 

[alcy]

so aftr tis major scam crash many may consider DeX vs binance etc

anyone here use DeX? like hyperliquid etc.. what's the diff?? what fees are like??

 

[JB Lions]

So right now I'm completely out, but had some decent domain sales recently so thinking of getting back in.

Looks like market is taking a little hit, I guess this is playing somewhat of a part, Kadena shutting down. I actually had a little of that before.

"Kadena announces it's shutting down operations immediately due to market conditions. $KDA plummeted 60% in 90 minutes following the announcement."

https://twitter.com/x/status/1980809057142210580

https://twitter.com/x/status/1980778654578991304

https://twitter.com/x/status/1980772479011266870

 

[Kyle Tully]

Never heard of it.

 

[JB Lions]

Crypto taking a hit right now.

 

[alcy]

if falls below 100
then anything possible
including 70

 

[HotKey]

what is the worry two years ago 20k was insane now a 5k dip into 6 figures people peeing

it's all retarded isn't it

 

[JB Lions]

Is the bull run over?

Bitcoin down to 90k, was 125k last month

https://twitter.com/x/status/1989417407207944322

 

[alcy]

kinda still up on year I guess
but yeah it sucks

billions sold by old whales when it started to recover from last crash.. still selling . so keeps going down ...

I say 70k or 150k by xmas.

50 50 on either

 

[Name2go]

According to the four-year cycle theory, the bull market was due to end in October 2025. Some predicted June, others said it would end in December. The trigger was presumably the behavior of some market participants associated with Binance after the announcement of the 100% tariffs for China on October 10th.

I am pessimistic about the price development until the end of the year. Trust has vanished. Instead of the security of decentralized markets and Bitcoin's potential as a global reserve currency, we are seeing market manipulation and massive asset destruction, especially by forced liquidations of leveraged speculators. The prevalence of tax avoidance and window dressing may play a significant role by year end, too.

I expect a continuing bear market, with BTC hitting a low of $52,000 in the spring or early summer 2026, following one or more black swan events. Fibonacci followers see a low of $33,000. I don't see the potential for such a drastic low. But who knows?

 

[Future Sensors]

Some crypto news if interested to read.

The judge in New York has sentenced the cases of crypto magnate Do Kwon to 15 years in prison for a massive fraud. Kwon is responsible for the $40 billion loss when the price of his cryptocurrencies collapsed and his company turned out to be a major scam.

 

[alcy]

The judge in New York has sentenced the cases of crypto magnate Do Kwon to 15 years in prison for a massive fraud. Kwon is responsible for the $40 billion loss when the price of his cryptocurrencies collapsed and his company turned out to be a major scam.

ah ok the luna thing

I wonder how much btc in his wallet still

like few billion