https://images.app.goo.gl/xpU284VZXGGRqquk9 
Good luck in anticipation of Donald Trump's campaign pledge to make the United States the global crypto hub.
The crypto currency market has increased tremendously in value by more than $800 billion since the US
election results, the recent uptick in
confidence is boosting crypto activity
in Asia. The reason several Asian
countries have been pioneers in the
adoption of cryptocurrency for a variety of purposes now this includes investing, hedging against the depreciation of fiat currencies and faster, cheaper and secure money transfers.
Bitcoin as the compensation for managing the networks that support the digital ledger of the asset, these Bitcoin money activities rely on the plentiful hydroelectricity found in the hilly himalayan monarchy according to research. The value of bhutan's Bitcoin Cort has increased by more than $200 million reaching $1.1 billion since US election, that amounts to over 36% of the nation's GDP. UD de the CEO of drug Holdings and Investments said that the company started mining Bitcoin in 2019 though he did not reveal how much the assets are worth since they are important to the company's core internal asset management and diversification strategy. Around the world crypto trading is still a small scale activity mostly enjoyed by extremely risk tolerant individuals but it is now very popular in South Korea. the volume of Trades involving Bitcoin and other cryptos and Korean crypto exchanges has surpassed the activity on equities listed on the Cosby stock index, the country's main Benchmark. Koreans are restricted from transferring their funds into foreign currency to trade on International crypto marketplaces. Now this is due to currency controls and anti-money laundering regulations therefore only local exchanges can meet this enormous demand. This is why South Koreans pay a premium for Bitcoin
and other cryptos compared to those in other countries, that extra payout is
called the kimchi premium named after the popular Korean side dish. Hong Kong and Singapore are two more Asian nations seeking to become digital asset centers. David Rogers Regional chief executive at market maker B22 said Asian exchanges are going to see a big benefit from Trump and his Pro crypto policies. A slew of events demonstrate the US government's growing support for the digital asset market under crypto avocate Donald Trump. Bitcoin spiked above $97,000 for the first time ever surpassing its previous record of near $95,500.
The top digital asset has experienced
about 40% increase since Trump's election Victory on November 5th. Bitcoin has more than doubled in value this year outpacing Global stocks. While the OG token has saw to new highs and pullbacks Traders are the $100,000
this year marked with cautious optimism under Trump.
Posted Using InLeo Alpha