Tag Archives: Politics

Story Highlights CryptoQuant CEO warns U.S. is turning crypto into a geopolitical tool. Bitcoin and Ethereum struggle to remain neutral under U.S. policies. Other nations may tighten crypto regulations in response to U.S. moves. CryptoQuant CEO Ki Young Ju has raised concerns about the changing role of the crypto market. He believes that cryptocurrency is turning into a tool for U.S. interests. The remarks occurred following President Donald Trump’s declaration about establishing a U.S....

$Trump Token Surges 8% Amid Trump-Zelensky Clash Over U.S. Military Aid Justin Sun Invests $75M in Trump-Backed Crypto Project, Boosting Market Interest Geopolitical Tensions Keep Trump-Linked Digital Assets Volatile and Unstable The $Trump token surged 8% following a heated exchange between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky. $Trump, which is linked to Trump-backed projects, is now trading around $14 after recovering from a recent market decline. The...

Trump states the creation of a Bitcoin reserve in the US  in order to increase crypto supremacy. Bitcoin has reached $100K, with expectations of reaching $800K by next year. The price of Bitcoin has surged past $100,000 after former President Donald Trump declared the creation of a U.S. Bitcoin strategic reserve. The news comes as Trump intensified his efforts to make the United States a world leader in cryptocurrencies. This follows his decisive November elections. According to the plan,...

Bitcoin (BTC) experienced a significant surge on Friday, climbing to nearly $64,000. This boost in price followed two major events that positively impacted the cryptocurrency market. The first was when the US Federal Reserve Chairman Jerome Powell mentioned that a monetary easing cycle would begin in the following month. This news led to a 3% increase in Bitcoin price within the next session of trading. The second one was the moment with the Independent presidential candidate Robert F....

Crypto firms and billionaire founders and executives have contributed massively to corporate contributions during this election cycle. The scale of donations made by the industry is “unprecedented.” A report published by Public Citizen revealed that crypto companies contributed nearly half of political donations during this year’s election cycle. Out of the $248 million contributed, $119 million comes from crypto firms like Coinbase, Ripple, and Circle. That amounts to 48% of the total...

Vice President Kamala Harris plans to support measures to help the digital asset industry grow, according to Brian Nelson, a senior campaign adviser for Harris. Nelson also serves as undersecretary for terrorism and financial intelligence at the U.S. Treasury Department. He said that Harris would support policies aimed at the development of new technologies and the field of cryptocurrencies. He said this in an interview with Bloomberg News on Wednesday at the Democratic National Convention....

Republican presidential candidate Donald Trump has announced that Howard Lutnick, CEO of Cantor Fitzgerald, will co-lead his transition team if he is re-elected in 2024. Lutnick has been a significant figure in the financial services sector and a supporter of cryptocurrency. He will work alongside Linda McMahon, the former U.S. Administrator of the Small Business Administration. Trump’s vice presidential pick, J.D. Vance, and Trump’s sons, Donald Trump Jr. and Eric Trump will serve as...

A Donald Trump-themed memecoin called Restore the Republic (RTR), rumored to be backed by the former US President and current Republican presidential candidate, rose to a market cap of $155 million hours from launch. It then lost 95% of that value after Donald Trump’s son, Eric Trump, clarified it was not backed by the former president. The crypto ecosystem was pumped and awaited an official Trump memecoin as Eric Trump took to X earlier in the week, leaving a message about such an asset. In...

Former president and 2024 presidential candidate Donald Trump stated the importance of Bitcoin and the crypto market in a stream with well-known streamer Adin Ross. He warned the current administration about the ill effects of selling the US’ Bitcoin holdings instead of making the asset part of the country’s reserve. He mentioned how not focusing on Bitcoin at this level will prevent the US from innovating in the digital assets sphere, letting countries like China, a tremendous geopolitical...

Vice President Kamala Harris faces increasing pressure to clarify her stance on cryptocurrency as the 2024 election approaches or risk losing the crypto industry’s support to former President Donald Trump. A new report from the Official Monetary and Financial Institutions Forum (OMFIF) underscores the urgency for Harris to engage with the crypto community more effectively. Democrats Urge Party to Embrace Crypto and Blockchain Trump has gained favor within the crypto community by promising...