Russian Foreign Minister Sergey Lavrov has backed former U.S. President Donald Trump’s remarks about the negative effects of U.S. sanctions on the dollar and the American economy. Lavrov agreed that sanctions imposed by the Biden administration have weakened the dollar’s global reserve status. He further noted a global shift towards dedollarization, led by nations like…
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The political landscape in the US has seen a significant development after President Joe Biden announced he was dropping out of the presidential rally. Following the news, the PolitiFi memecoin sector saw a major shift as Biden-themed tokens immediately plunged and Kamala Harris-inspired tokens soared. Crypto Community Celebrates Biden’s Candidature Withdrawal The November elections have…
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On July 21, 2024, a Sunday evening around 8:30 p.m. Eastern Time, presidential meme coins experienced notable fluctuations. A Solana-based meme token called kamala horris (KAMA) surged over 78% within 24 hours, while crypto coins linked to the Biden family saw a steep decline. This dramatic volatility followed Joe Biden’s announcement that he would be…
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Following the assassination attempt on former President Donald Trump, the meme token associated with his name, maga (TRUMP), jumped over 40% against the U.S. dollar. The token experienced a wide intraday trading range, fluctuating between a low of $6.18 per coin and a 24-hour high of $9.68. At 8:30 p.m. EDT on Saturday, several hours…
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Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that he hasn’t spoken with the U.S. President for over two years. “When any President calls you, you come and you meet, but that hasn’t happened…
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The cryptocurrency market finds itself in a challenging situation, with a mix of obstacles and potential opportunities that could influence its future positively. This editorial examines the elements that the crypto community might encounter and highlights key points to consider amid the current market volatility. 7 Distinct Things That Could Instantly Change Everything Bitcoin has…
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In a recent report by Reuters, speculation has emerged regarding the possibility of President Joe Biden withdrawing from the race for the White House, leading to a surge in interest around the newly created Kamala Horris (KAMA) meme coin. These developments have sparked intrigue in political circles and garnered attention within the cryptocurrency industry. Biden’s…
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Donald Trump’s prospects of winning the 2024 election have risen, with the prediction market Polymarket reporting his odds at 66% as of July 2, 2024. Meanwhile, a wager worth $294 million indicates that incumbent President Joe Biden’s chances stand at 18%. Trump Favored Over Biden in 2024 Election According to Prediction Markets The Polygon-powered prediction…
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Following the initial 2024 U.S. Presidential Debate, prediction market wagers on whether incumbent Joe Biden will withdraw have seen a significant increase in activity. The likelihood of Biden stepping down and being substituted has risen notably. Betting Markets React to Joe Biden’s Unintelligible Statements and Performance On Thursday, CNN broadcasted the 2024 U.S. Presidential Debate…
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Ripple CEO Brad Garlinghouse has criticized SEC Chair Gary Gensler’s recent statements on the crypto industry, calling them “absolute nonsense.” The executive argued that Gensler’s actions and oversight failures could impact the upcoming election. He suggested that Gensler should be fired if he truly worked for the American people. Ripple CEO Brad Garlinghouse Criticizes SEC…
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