Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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TrumpOdds Of Trump Winning The Election Surges To 67% On Polymarket
The post Odds Of Trump Winning The Election Surges To 67% On Polymarket appeared first on Coinpedia Fintech News The odds of former President Trump winning the November 2024 Presidential election surged on Polymarket to as high as 67%. According to Polymarket, there’s a less than 70% chance that Biden will be the Democrat nominee, with a growing market sentiment on the platform that President Biden will either not be the Democratic nominee or drop out of the race. Both…
12 months ago
Donald Trump Boosts Crypto Odds for 2024 Presidency, Backed by Bitcoin and Ethereum
Donald Trump has demonstrated his support for this emerging asset class by accepting campaign contributions in various cryptocurrencies. Bernstein analysts predict crypto could become the primary “Trump Trade” in the current election cycle as Republican prospects improve. Former President Trump’s stance on ending the perceived “war on crypto” has resonated with those dissatisfied with current regulatory policies. He has demonstrated his support for this emerging asset class by accepting campaign contributions in various cryptocurrencies. Contrary to the Biden administration, Trump’s…
12 months ago
Industry Leaders Debate Who’s Better for Bitcoin: Joe Biden or Donald Trump
As the presidential election nears, industry leaders are closely observing how the candidates, Joe Biden and Donald Trump, may impact Bitcoin and the broader crypto market. The stakes are heightened by their upcoming historic debate on CNN, which could significantly set the stage for what comes next. SEC’s Regulatory Agenda Ripple CEO Brad Garlinghouse has criticized SEC Chairman Gary Gensler’s aggressive stance on crypto regulation. He argues that Gensler’s failure to address issues like FTX and Binance undermines his credibility.…
12 months ago
Big memecoin bounce from $PEPE, $WIF, and $TRUMP
After Bitcoin (BTC) plumbed its recent depths to $58,400 on Monday, a bounce on Tuesday has followed. With this bounce the memecoins have been let off the leash. $PEPE, $WIF, and $TRUMP are among those with the biggest upside moves. Although the $BTC bounce may not be sustained, at least for the time being the memecoins are being allowed to make some hay while this Bitcoin sun is shining. $PEPE continues bullish uptrend Pepe ($PEPE) is the biggest memecoin by…
12 months ago
Bitcoin Con 2024: Trump Among Potential Speakers in Nashville
Former President Donald Trump is in talks to speak at the Bitcoin 2024 convention in Nashville, signaling a significant shift in his stance on cryptocurrency as he seeks to attract votes in the upcoming election. Trump Favoring Crypto in Re-election Two sources familiar with the situation have confirmed negotiations that Trump could address the public at the upcoming Bitcoin 2024 convention. If successful, this would mark a significant moment in the intersection of cryptocurrency and politics. This decision signifies a…
12 months ago
Cathie Wood’s Vote for Trump: Will Crypto Win Him the US Elections 2024?
The post Cathie Wood’s Vote for Trump: Will Crypto Win Him the US Elections 2024? appeared first on Coinpedia Fintech News Crypto is set to be a significant topic in the upcoming US presidential election in November. The SEC’s recent approval of spot Bitcoin ETFs and the potential approval of spot Ether ETFs tied to Ethereum have intensified the political involvement around cryptocurrencies. Crypto-Friendly Trump for the Win? Adding to the drama, Ark Invest CEO Cathie Wood announced her intention…
12 months ago
Trump Campaign Refunds Excessive Bitcoin Donation from Winklevoss Twins
The post Trump Campaign Refunds Excessive Bitcoin Donation from Winklevoss Twins appeared first on Coinpedia Fintech News Co-founders of the Gemini crypto exchange, Tyler and Cameron Winklevoss, recently made headlines by pledging $2 million in Bitcoin donations ($1 million each) to Donald Trump’s presidential campaign. However, this significant contribution exceeded federal legal limits. Each twin’s donation, amounting to 15.47 BTC, surpassed the individual campaign contribution cap of $844,600. As a result, the Trump campaign had to refund the excess to…
12 months ago
Winklevoss Twins Support Trump Campaign with $1 Million Bitcoin Donation and Will Vote for Donald in November
Tyler Winklevoss donates $1 million in bitcoin to Donald Trump’s campaign. He criticizes the Biden Administration’s stance against cryptocurrency. Tyler Winklevoss announced a $1 million bitcoin donation to Donald Trump’s campaign, endorsing him for the upcoming election. He criticizes the Biden Administration for its aggressive stance against the cryptocurrency industry, claiming it misuses government power to stifle innovation for political gains. In a recent YouTube video, Winklevoss accuses the administration of “weaponizing” financial and regulatory agencies to harass crypto companies…
12 months ago
Winklevoss Twins Donate $2M In Bitcoin (BTC) To Trump Campaign
Tyler and Cameron Winklevoss, the co-founders of Gemini, have donated $1 million in Bitcoin each to support former President Donald Trump’s reelection campaign. The Gemini co-founders stated that they sided with Donald Trump and donated to his campaign because of the Biden administration’s hawkish stance on crypto. Winklevoss Twins Make Big Donation Both Tyler and Cameron Winklevoss announced the news of the donation on their respective X handles. The Gemini founders donated 30.94 BTC, worth $2 million, to put an…
12 months ago