Analysis Today TheBitTimes.com

At press time, Bitcoin was trading at $37,172.29. BTC broke the $37K mark in the wake of Javier Milei’s victory in the Argentinian presidential elections. Javier Milei is a pro-Bitcoin politician. Bitcoin experienced a surge, surpassing the $37,000 mark, in the wake of Javier Milei’s victory in the Argentine presidential election . Milei, a self-described anarcho-capitalist, clinched the presidency with a significant 55% of the votes, signalling a major political shift in the country. Pro-Bitcoin stance fuels market confidence Milei, celebrated for his pro-bitcoin stance, has positioned himself as a supporter of decentralized finance (DeFi) and a critic of central banks. His victory has resonated positively within the cryptocurrency community, with Bitcoin enthusiasts optimistic about the potential impact of a pro-bitcoin leader in Argentina . While Milei sees Bitcoin as a crucial tool for economic revival, it’s important to note that he ...

According to the FEC, DataVault will receive “reasonable compensation” for each NFT issued to contributors, as well as track all tokens issued for its own records. The United States Federal Election Commission (FEC) has issued an advisory opinion stating DataVault Holdings may use nonfungible tokens for fundraising efforts. In a Dec. 15 notice, the FEC said it was “permissible” for DataVault holdings to send nonfungible tokens, or NFTs, to political campaign contributors without violating rules on corporate contributions. According to the election agency, DataVault will receive “reasonable compensation” for each NFT issued to contributors, as well as track all tokens issued for its own records. “The Commission concludes that DataVault’s proposals to provide political committees with NFTs on the same terms that it regularly offers its non-political clients would be a permissible extension of credit by DataVault in the ordinary course of business,” said FEC chair Allen Dickerson. “Unde...