Odaily News The outcome of the November election could be a mixed bag for cryptocurrencies, Matthew Sigel, head of digital asset research at VanEck, and Nathan Frankovitz, digital asset investment analyst, said in a report. "Looking at Bitcoin alone, however, we believe a Kamala Harris presidency could be better for Bitcoin than a Trump presidency because, in our view, it would accelerate many of the structural issues that initially drove Bitcoin adoption," VanEck wrote. "If that happens, Bitcoin's unique regulatory clarity could make it more competitive than other digital assets." However, according to VanEck's latest analysis, the entire crypto industry would reap the rewards if Trump were to become president again. "We believe a Trump presidency would be generally positive for the entire crypto ecosystem, as it would likely result in more deregulatory and business-friendly policies — perhaps especially for crypto entrepreneurs, who have been subject to increased scrutiny from regulators over the past four years," VanEck wrote. (THEBLOCK)