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Read More »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...
Read More »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...
Read More »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...
Read More »Charles Hoskinson Disagrees with Vitalik Buterin’s Position on Voting Pro-Crypto Candidates
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Read More »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...
Read More »a16z Co-founders Officially Declare Support for Donald Trump
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Read More »Bitcoin 2024: Donald Trump wird seine Rede in Nashville halten
Der 45. Präsident der Vereinigten Staaten und republikanische Kandidat, Donald Trump, wird eine Rede auf der Bitcoin 2024 in Nashville, TN halten. Die Ankündigung folgt auf Trumps öffentliche Unterstützung für die amerikanische Bitcoin-Industrie. Dies wird das erste Mal sein, dass ein US-Präsident die globale Bitcoin-Community öffentlich anspricht, was dies zu einem historischen Moment für die Bitcoin-Industrie macht. I have just spoken with the President’s team. He is in good spirits and is...
Read More »Trump Picks Crypto-Friendly Sen. J.D. Vance as Vice Presidential Candidate
Former President Donald Trump has announced that he has chosen crypto-friendly Sen. J.D. Vance (R-Ohio) as his vice presidential candidate. According to his latest federal financial disclosure, Vance, a venture capitalist turned politician, owns between $100,001 and $250,000 in Bitcoin. Trump and Vance’s United Front on Crypto Earlier this year, former President Trump’s stance on crypto shifted from skepticism to support. In May, his team began accepting contributions in...
Read More »CoinShares: Record Weekly Inflows for Crypto Investment Products
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