U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is "not a security" but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday.
Recently, Vice President and Democratic nominee Kamala Harris disclosed her long-awaited stance on the crypto industry. Despite the criticism surrounding her seemingly “vague” approach, some politicians have felt “encouraged” about Bitcoin (BTC) and digital assets after the VP’s statements. Related Reading: Ethereum Spot ETFs Record Best-Performing Day Since Early August VP Harris’ Crypto Statement “Encourages” […]
Republican U.S. presidential candidate Donald Trump won chits from the Bitcoin community for reportedly purchasing smash burgers at a Bitcoin-friendly New York pub. But in a way, the whole episode was about damage control.
The crypto community is calling for a clearer stance and more actionable policies from Democratic presidential candidate Kamala Harris, according to US investment bank Bernstein. Clearer Stance Toward Digital Assets Expected From Harris In a memo shared with clients on September 23, 2024, analysts at Bernstein highlighted several reasons for the brief rally witnessed in […]
Over the weekend, US Vice President and Democratic nominee Kamala Harris acknowledged the crypto industry for the first time since her campaign started. The presidential candidate’s “flip” has sparked a discussion among industry members and the community, who seem split about her newly disclosed stance. Related Reading: Ripple Co-Founder Transfers 20 Million XRP, Sparking Selloff […]
The Democratic nominee promises she'll be a tech-friendly president in remarks to donors
From a crypto perspective, Cardano founder Charles Hoskinson suggests that former US President and Republican presidential candidate Donald Trump is better suited to win the US presidential election as he has shown more support for the US crypto industry than Vice President Kamala Harris has. Related Reading: Dogecoin Bullish Breakout To $0.24: Analyst Reveals Key […]
A recent report from asset manager and crypto exchange-traded fund (ETF) issuer VanEck, led by Matthew Sigel and Nathan Frankovitz, examines Bitcoin’s fundamentals, adoption trends, and emerging volatility in the wake of the Federal Reserve’s interest rate cuts and the upcoming US presidential election. Shift In Bitcoin Adoption The report highlights that Bitcoin’s price has […]
At the TOKEN2049 conference, SkyBridge Capital founder Anthony Scaramucci revealed that US Vice President and Democratic nominee Kamala Harris is working alongside industry advocates on her crypto policies before the November elections. Related Reading: Solana (SOL) Flies 12% To Reclaim $140, Is $160 Next? Kamala Harris “Distancing” From Warren And Gensler On Thursday, Anthony Scaramucci claimed to be “working alongside” Kamala Harris to develop her campaign’s crypto policies. SkyBridge Capital’s founder announced at one of the largest crypto events worldwide that the Democratic nominee has been “hearing out” industry proponents. Scaramucci and other undisclosed crypto and Bitcoin advocates have been allegedly pushing the US VP to back industry-friendly policies. These talks have been seemingly “making progress” and “going in the right direction,” he stated at the event. Moreover, the industry advocates working alongside Harris “want to prevent” crypto policies from becoming a partisan issue, aiming for “crypto in the U.S. to have a bipartisan standard unstrained from political and tribal conflicts.” Scaramucci also stated that they are working to “distance” the Democratic Party from figures like Senator Elizabeth Warren and Gary Gensler, who have had a big role in the US’s crackdown on the industry. The Democratic candidate’s stance on the sector has been heavily speculated since she was nominated. Nonetheless, Harris, whose stance remains undisclosed, has been endorsed by several industry figures, including Ripple’s co-founder Chris Larsen and Bitcoin bull Mark Cuban. Who Is The Crypto Industry’s ‘Favorite’ Candidate? At the TOKEN2049 panel, Scaramucci also commented on his feelings about former US president Donald Trump. He applauded the Republican candidate for understanding the industry’s importance, claiming that he has changed the landscape ahead of the elections: Whatever my feelings are about President Trump, I applaud him for understanding how important this industry is for the United States, and I think ironically, he’s pulling the Democrats along into a centrist position on regulation. Trump’s stance has pushed the Biden-Harris administration toward a more industry-friendly approach in the past few months. In a recent interview with CNBC, Cardano’s founder, Charles Hoskinson, also suggested that Trump might be the favorite option from a crypto perspective. To him, the Republican candidate is the clear industry favorite as he has openly embraced the sector, even launching a DeFi project. The community has also launched several Trump-inspired memecoins throughout his campaign, which lead the PolitiFi token sector. Related Reading: Will Bitcoin Break Through $70k? Short-Term Holders’ Buy Price Holds The Key Since the presidential debate on September 10, the US VP has challenged the Republican candidate’s winning odds. Prediction markets like Polymarket show that Harris’s chances of winning surpass Trump’s by 3%, with 51% odds in her favor. Nonetheless, Hoskinson considers that regardless of who wins the election, the world will continue to move toward crypto adoption. “The world, with or without America, is embracing cryptocurrencies,” he stated. As of this writing, Bitcoin, the largest cryptocurrency by market capitalization, is trading at $63,480, an 8% increase in the past week. Featured Image from Unsplash.com, Chart from TradingView.com
Donald Trump became the first former US President to use Bitcoin (BTC) for a commercial purchase when he completed a cryptocurrency transaction to pay for hamburgers at a New York City bar before a campaign rally. Trump Uses Bitcoin To Pay For Hamburgers The 2024 Republican presidential nominee was spotted at PubKey, a crypto-themed bar […]
With the United States Presidential election drawing closer, a market expert has addressed the growing discussion within the general crypto industry that the upcoming event could impact the long-term potential of Bitcoin negatively. Bitcoin’s Future Growth Unaffected By Election Outcomes Financial expert and Bitcoin enthusiast, Rajat Soni, has made a bold claim that BTC’s long-term […]
Pubkey, a Bitcoin bar in New York City, hosted the former US president and 2024 Republican nominee for a campaign stop on Sept. 18.
Pubkey, a Bitcoin bar in New York City, hosted the former US President and 2024 Republican nominee for a campaign stop on Sept. 18.
Former President Donald Trump has officially launched his cryptocurrency venture, World Liberty Financial, amid a backdrop of controversy and political tension. Related Reading: Bitcoin Mine Shutdown In Norway Sparks Higher Power Bills For Residents During a two-hour broadcast on X (formerly Twitter), Trump and his sons, Donald Jr. and Eric, divulged little facts regarding the […]
Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago.
Ether’s price in Bitcoin terms has also fallen to its lowest level since April 2021.
Donald Trump has officially revealed the date of launch for his World Liberty Financial cryptocurrency project—September 16, 2024. Related Reading: Bitcoin Mining Difficulty Surges: Miners Face Toughest Conditions Yet Made via a video on his X account, he asked fans to accompany him for a live event on Twitter Spaces that evening. Emphasizing a change […]
The bump came as Trump said he would launch the family-helmed World Liberty Financial project on Monday.
Donald Trump said in a video posted to X that his World Liberty Financial crypto project would launch Sept. 16.
Democratic nominee Kamala Harris’ winning odds increased following the presidential debate with Republican candidate Donald Trump. As the former US president and the Vice President’s chances tied in the polls, the flagship cryptocurrency’s price saw a mild 1.5% decline. Many investors awaited the mention of Bitcoin (BTC) and digital assets but were disappointed as the […]
Kamala Harris and Donald Trump made no mention of digital assets during their first-ever debate as Trump’s odds of victory plunged on betting markets.
Eighty-eight corporate leaders have joined forces in a letter endorsing US Vice President Kamala Harris’ presidential campaign. Chris Larsen, Ripple’s co-founder and executive chairman, was among the signers of the “strategic” letter to support the Democratic nominee. The significant endorsement comes just a day after Russian President Vladimir Putin revealed his support for Harris. Related […]
The former president of the United States is launching a crypto yield product, even as he appeals to the crypto industry in his current bid for office. Donald Trump will be the "chief crypto advocate" for World Liberty Financial, a venture that has offered scant hints so far about what it will actually do.
A crypto analyst notes that while spot Ether ETFs have gained “Wall Street attention,” they now compete directly with tech stocks, which are delivering “better revenue and multiples.”
Recent polling among cryptocurrency holders has candidate Donald Trump firmly ahead of his opponent but researchers are undecided about whether it even matters.
Trump and his family’s crypto ventures continue to expand as they aim to attract voters through supporting digital assets.
Harris led Trump in early August and betting odds reached 50-50 on the marketplace last month but shifted to Trump’s favor over the weekend.
The Trump family has for weeks loudly – but coyly – said they're getting into crypto. More information might finally be coming soon.
As the crypto market approaches a pivotal moment with the upcoming US election in November, former President Donald Trump continues to voice his support with a recent post and the details of his new crypto venture, “World Liberty Financial.” Trump Vows To Make The US A Crypto Capital In a recent video release, Trump articulated […]