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Tag Archives: Donald Trump

Scaramucci Slams Claims of Harris’s Anti-Crypto Bias, Critiques Trump’s Transactional Approach

Amidst significant backlash for opting not to speak at the Bitcoin Conference, Vice President Kamala Harris has found an ally in SkyBridge founder Anthony Scaramucci. Voicing his support for the presumptive Democratic presidential nominee, Scaramucci criticized the ongoing narrative suggesting Harris’s administration’s hostility towards crypto. He contrasted this with former President and Republican nominee Donald Trump’s history of calling Bitcoin a “scam” as recently as...

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Biden’s Exit and Harris’s Rise Could Mean Short-Term Caution for Crypto Investors

President Joe Biden’s withdrawal from the 2024 election race caused a significant stir in the crypto market. Bitcoin initially fell by 3% in response to the news but later recovered and even tapped a multi-week peak. According to Bitfinex analysts, this was a knee-jerk reaction to temporary uncertainty in the market. By Monday morning, Bitcoin had climbed 0.9% over the past 24 hours, reaching over $68,000 for the first time since early June. Now all eyes are on what...

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Bitcoin statt Dollar: Kann Bitcoin als globale Reservewährung funktionieren?

Die Vorstellung, dass Bitcoin den US-Dollar als globale Reservewährung ablösen könnte, ist ein faszinierendes und umstrittenes Thema. Während der Dollar seit Jahrzehnten diese Rolle innehat, hat das Aufkommen von Bitcoin als dezentrale, digitale Währung Fragen über die Zukunft des globalen Finanzsystems aufgeworfen. JUST IN: CNBC discusses the idea of the U.S. potentially holding #Bitcoin as a reserve currency under Donald Trump 🇺🇸 pic.twitter.com/u6FPLrCltr — Bitcoin...

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Will Bitcoin’s (BTC) Price Crash if Kamala Harris Becomes President of the USA (ChatGPT Speculates)

TL;DR The presidential elections in the United States could severely affect the cryptocurrency market. Trump’s possible victory might boost BTC due to his pro-crypto stance, while his potential loss could have the opposite effect. Biden’s withdrawal has Trump and Harris tied at 44% support each, while Robert Kennedy trails behind. Bitcoin’s Possible Reaction The US presidential elections, scheduled for November this year, have been a highly intriguing topic recently due to...

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Bitcoin Dumped $2K in Minutes After President Joe Biden Ended 2024 Election Campaign

Bitcoin’s price continues to be highly impacted by the political scene in the United States. After the failed assassination attempt against Donald Trump last weekend, this time, news regarding his opponent rattled the markets. However, the cryptocurrency managed to bounce off and return to nearly $67,000 almost immediately. The current US president, Joe Biden, ended his campaign for the 2024 presidential elections an hour ago, saying it was a decision made in “the best...

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Three Reasons Why the Bitcoin (BTC) Price Could Hit a New ATH Before the End of 2024

The first half of 2024 was more than successful for Bitcoin (BTC), whose price reached an all-time high of over $73,500 in mid-March. It currently trades for an increase of around 115% on a yearly scale. In the following lines, we will touch upon some essential factors and upcoming events that could push BTC to a new price peak before the end of the year. The US Presidential Elections The result of the voting (scheduled for November this year) could trigger enhanced...

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Trump and Bitcoin: How Institutional Bets on $100K December Calls Could Shape the Market

Despite the lower spot price overnight, data suggests considerable institutional interest in December 2024 $100,000 calls. This indicates an even stronger confidence in a year-end rally for the world’s largest crypto, particularly as the likelihood of former US President Donald Trump’s victory rises. Sizeable Institutional Interest In its latest update, crypto trading firm, QCP Capital said that Bitcoin price action has been resilient despite ongoing challenges such as the...

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Silicon Valley Is In Love With Trump Because of Bitcoin, Says Mark Cuban

Why are Silicon Valley venture capitalists suddenly supporting Donald Trump? Billionaire Mark Cuban – one of the politician’s staunchest critics – says “It’s a Bitcoin play.” The businessman’s analysis follows several Trump endorsements from wealthy crypto leaders who explicitly favor him because he promises to protect their industry. Silicon Valley, Trump, and Bitcoin According to Cuban, a Trump Presidency would be directly accretive to Bitcoin’s price – an asset that has...

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