The week has been a whirlwind of cryptocurrency news, with El Salvador’s Bitcoin gamble paying off and Standard Chartered predicting a massive surge in the digital assets market. Meanwhile, Detroit is set to become the first major U.

Trump’s current stance on crypto is a major departure from his last term as president. In the summer of 2019, Trump criticized cryptocurrency on social media, claiming it could be used to facilitate illegal activities. And during his presidency, the Trump administration’s regulatory actions included the SEC’s controversial lawsuit against Ripple.

With the announcement of Donald Trump’s victory in the U.S. presidential election, the cryptocurrency market is abuzz with expectations of growth, especially in the crypto staking sector. Market and crypto analysts are predicting big gains in the staking market with potential returns expected to surge.