TL;DR Ripple co-founder Chris Larsen endorsed Kamala Harris, citing her pro-innovation stance and connections to the Bay Area tech scene. The US presidential candidate recently voiced support for a crypto regulatory framework aimed at protecting vulnerable groups but has yet to provide specific policy details. ‘Excited About Harris’ Economic Message’ The US presidential elections are less than a week away (scheduled for November 5), with Republican Donald Trump facing...
Read More »Bitcoin Inflows Hit $920M as US Political Momentum Fuels Digital Asset Investments
Investment inflows into digital assets reached a whopping $901 million in October, comprising 12% of assets under management and marking the fourth-largest monthly inflows to date. With these additions, year-to-date inflows have reached $27 billion – almost triple the 2021 record of $10.5 billion. US Political Climate Drives Bitcoin Inflows According to the latest edition of CoinShares’ “Digital Asset Fund Flows Weekly Report,” the month’s inflows were overwhelmingly focused...
Read More »Optimism for Republican Win Drives $2.2 Billion in Weekly Inflows into BTC, ETH Products
As the US presidential race becomes more intense with less than a month away until Election Day, data from last week suggests that digital asset inflows have surged to $2.2 billion. This figure marked the highest level since July, spurred by optimism for a potential Republican success in the election. Inflows Surge Amid US Election Optimism According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, the trading volumes of investment products have...
Read More »Meme Coin Madness: This Trader Turned $96 Into Over $3 Million in 1 Year
TL;DR A trader turned a $96 meme coin investment into a paper profit exceeding $3 million. However, investors should pay attention when jumping on the bandwagon due to the infamous volatility of memes, which could lead to devastating losses. What a Trade… Meme coins are an exciting part of the cryptocurrency world and have become quite trending during the latest bull cycle. They pop out quite frequently, with some witnessing astonishing price increases in a short period of...
Read More »Can Dogecoin (DOGE) Hit $1 if Elon Musk Is Appointed Under Trump’s Administration?
TL:DR; The largest meme coin has been on a roll lately, perhaps fueled by the most recent engagement by Tesla’s CEO, Elon Musk. The question arises whether DOGE could skyrocket to the coveted $1 level if Musk indeed takes a role under a potential Donald Trump administration. DOGE to $1? As mentioned multiple times in the past, Musk has played a crucial role in Dogecoin’s rising adoption and perhaps its price increases due to his continuous support. The landscape around the...
Read More »Kamala Harris Advocates for Pro-Crypto Regulations but Fails to Provide Details Again
U.S. Vice President Kamala Harris has pledged to support digital asset policies that protect crypto investors, especially black men participating in the sector. The promise was part of a wide-ranging agenda targeting men of color whom the Democratic flagbearer’s team believes could be pivotal in the November presidential elections. Securing Black Male Voters via Crypto In an October 14 release, the Harris campaign promised their candidate would create a conducive crypto...
Read More »Trump’s World Liberty Financial Submits Proposal to Ethereum DeFi Protocol Aave
Donald Trump’s crypto project, World Liberty Financial (WLF), has submitted a proposal to the Aave governance forum. The former president and his business partners plan to use the platform for their cryptocurrency offering. The submission aims to establish WLF’s services as an instance on Aave, with the protocol providing the necessary underlying infrastructure. In return, AaveDAO will receive 20% of all protocol fees generated by WLF and 7% of the supply of WLFI, the...
Read More »Crypto Lobby Group Revises Kamala Harris’ Digital Asset Support Rating After Backlash
A digital asset lobby group backed by Coinbase, Stand With Crypto, has been forced to change its crypto-friendly ranking of Democratic presidential candidate Kamala Harris. The group, which runs a website that ranks the level of support U.S. politicians have shown for crypto, had characterized Harris as “Supports Crypto,” giving her a “B” grade. Group Deemed Harris’ New York Remarks Supportive of Crypto The ranking followed remarks the Vice President made on September 22 at a...
Read More »WLFI Token Tanks 96% as Trump Unveils World Financial Liberty Project
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »Donald Trump Relatives’ X Accounts Hacked to Promote Fake Crypto Token
The X accounts of Lara Trump and Tiffany Trump were reportedly hacked Tuesday evening, resulting in fraudulent messages posted to promote a fake cryptocurrency token. The compromised accounts were used to falsely endorse a token allegedly linked to World Liberty Financial, a new crypto project recently promoted by members of the Trump family. Details of the Hack The hackers revealed a specific blockchain address and token, urging followers to invest in what they claimed was...
Read More »