Tesla and Spacex CEO Elon Musk has launched a $1 million daily giveaway campaign, encouraging swing-state residents to sign a petition in battleground states. The billionaire gave the first $1 million to one man at a rally as he highlighted concerns about the country’s future and the urgent need for reform. The daily cash prizes…
Read more
Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity…
Read more
Yet another reason that has given the rocket fuel to the price of Bitcoin is the rapidly approaching US presidential elections. Several analysts are keenly observing whether political dynamics will take their toll on the cryptocurrency in the near future with the election date nearing. QCP Capital believes that the result of the presidential election…
Read more
Following a ‘testy’ interview with Bret Baier on Fox News, Vice President Kamala Harris has seen her odds of winning the election drop sharply to 38.7%, according to Polymarket bettors. Meanwhile, former President Donald Trump’s odds have climbed to 61.3%, reflecting a significant shift in the race. Major Shift in Betting Markets Signals Changing Fortunes…
Read more
Leading figures in the crypto sector have highlighted Dogecoin as the potential top beneficiary of a victory by Donald Trump in upcoming US elections. Andrew Kang, founder and CEO of Mechanism Capital, took to X to express his insights on the matter. “One of the most interesting ways to express a ‘Trump Victory’ trade would…
Read more
Donald Trump’s 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $7.5 million during the third quarter, underscoring a growing interest from the crypto community. Trump Campaign Receives $7.5 Million in Cryptocurrency Donations Trump’s campaign contributions came in via various cryptocurrencies, including bitcoin (BTC),…
Read more
Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising Treasury yields, growing interest in bitcoin ETFs, and Trump’s improving election odds are key factors driving this potential rally, supported by increasing institutional inflows and…
Read more
Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this year, as a key signal of a looming market breakout. With Trump leading in key swing states, his election odds are igniting a stronger crypto…
Read more
China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts has prompted capital rotation into alternative assets like BTC. Adding to the momentum, rising odds for…
Read more
On Saturday, former President Donald Trump announced that the World Liberty Financial (WLF) token sale will kick off on Tuesday, Oct. 15. In his post on X, Trump described it as a “chance to help shape the future of finance.” He also noted that an X Spaces discussion about the token launch will be aired…
Read more
