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2024 presidential election

5% of US voters identify as single-issue crypto voters — Paradigm poll

According to Paradigm, 20% of individuals surveyed indicated that they currently hold or have previously purchased crypto.

An October 2024 poll from venture capital firm Paradigm revealed that 5% of respondents indicated they were single-issue crypto voters in the United States presidential election. The results suggest that the voting bloc has the power to swing an election that will be determined by a “razor-thin” margin.

According to the Paradigm poll, roughly one-quarter of crypto owners surveyed indicated they were single-issue crypto voters, including 11% of voters in the 18-34 age bracket, 8% of male respondents, 7% of African American voters, and 8% of Hispanic voters.

Paradigm noted that the 5% of pro-crypto, single-issue voters is more than double the margin of victory in swing states such as Pennsylvania, Michigan, and Wisconsin, where election results are decided by a slim 1-2% margin.

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Bitcoin Taps $84,995 All-Time High: Market Cap Hits $1.68 Trillion as FOMO Sets In

Former President Trump floats idea of eliminating federal income tax

According to the most recent Polymarket odds, the former President currently has a 65% chance of winning the Presidential election.

During a recent episode of the Joe Rogan Experience, former President Trump said he was serious about eliminating the federal income tax in the United States and replacing the revenue stream with tariffs on imports.

The 2024 Presidential candidate cited the tariff policies of former US President William McKinley during the 1890s as incredibly prosperous for the country and argued that the same policies should be applied today to fund the government. Trump told Rogan that the tariffs created so much revenue that public officials did not know how to spend the funds:

Critics have argued that imposing tariffs on imports will add a hidden tax in the form of increased prices on goods. However, Trump maintains that tariffs can drive dollar demand while protecting domestic workers and making US exports more attractive.

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Bitcoin Taps $84,995 All-Time High: Market Cap Hits $1.68 Trillion as FOMO Sets In

Kamala Harris leading in 4 of 6 swing states on Polymarket

According to the current Polymarket odds, 77% of participants believe Vice President Kamala Harris is favored to win the popular vote.

As the 2024 election draws closer, Vice President Kamala Harris has flipped four out of the six swing states on Polymarket, including Wisconsin, Pennsylvania, Michigan, and, most recently Nevada.

The Vice President's lead is widest in Michigan — where her odds are 66% — followed by Wisconsin at 58% and razor-thin margins in Pennsylvania and Nevada at 52% and 51%, respectively.

Harris' odds of victory in the 2024 Presidential election on the prediction market have shot up to 52% compared to Trump's 47% — a solid 5-point lead.

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Bitcoin Taps $84,995 All-Time High: Market Cap Hits $1.68 Trillion as FOMO Sets In

Former President Trump “safe” following gunshots nearby—campaign

The campaign released a statement on Sunday, Sept. 15 about the incident, which the Secret Service says occurred around 2 PM EST.

Former President Trump is "safe" following reports of gunshots "in his vicinity", Trump spokesperson Steven Cheung said in a Sept. 15 statement, that read: “President Trump is safe following gunshots in his vicinity. No further details at this time.”

The former President was reportedly playing golf at the Trump International Golf Club in West Palm Beach, Florida when the gunshots were heard. According to CNN, the golf course was immediately locked down after the incident.

At this point, it is not clear if the incident was an assassination attempt on the former President. However, officials do believe the shooter was attempting to target the President. Donald Trump Jr., the son of the former President, also claimed that an AK-47 rifle was recovered at the scene by law enforcement officials.

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Bitcoin Taps $84,995 All-Time High: Market Cap Hits $1.68 Trillion as FOMO Sets In

RFK Jr’s running mate floats ‘unity party’ with former President Trump

Nicole Shanahan claimed that 51% of Americans were against the two-party system dominating modern United States politics.

During an Aug. 20 interview on the Impact Theory podcast, Nicole Shanahan, the running mate for 2024 independent candidate Robert F. Kennedy Jr, suggested joining forces with former President Donald Trump in a unity ticket.

The independent vice presidential candidate began by categorically denying rumors that she was in talks with the Kamala Harris campaign regarding a cabinet position or an endorsement, calling both “fake news.”

Shanahan then shifted the focus of the conversation to the Trump campaign, praising the former president for taking the Kennedy-Shanahan campaign’s concerns surrounding chronic disease and the pharmaceutical lobby “seriously.” The independent vice presidential candidate then hinted at potentially joining forces with Trump and told podcast host Tom Bilyeu:

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Bitcoin Taps $84,995 All-Time High: Market Cap Hits $1.68 Trillion as FOMO Sets In

Joe Biden drops out of United States presidential race

United States President Joe Biden has announced he will bow out of the 2024 presidential election.

United States President Joe Biden has officially withdrawn from the 2024 Presidential election, just four months before election day.

In a July 21 statement, Biden didn’t cite his reasons for stepping down, instead merely claiming that it was in the "best interest of my party and my country." His absence leaves the Democrats to face the 2024 election day, set for Nov. 5, without his candidacy.

The ongoing speculation about Biden potentially stepping down has led some to predict his vice president, Kamala Harris, as a likely replacement. However, no replacement has been officially confirmed yet.

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Bitcoin Taps $84,995 All-Time High: Market Cap Hits $1.68 Trillion as FOMO Sets In

Election Fever Hits Cryptocurrency: TRUMP and BODEN Tokens Surge

Election Fever Hits Cryptocurrency: TRUMP and BODEN Tokens SurgeAs the 2024 US presidential election approaches, memecoins named after Donald Trump (TRUMP) and Joe Biden (BODEN) are experiencing significant fluctuations, reflecting their popularity and potential as prediction markets. The Trump-inspired TRUMP token has recorded a notable increase of 242.9% in a month and 17.9% in a week, while the Biden-inspired BODEN token surged by […]

Bitcoin Taps $84,995 All-Time High: Market Cap Hits $1.68 Trillion as FOMO Sets In

Millennials and Generation Z Could Decide 2024 ‘Bitcoin Election,’ According to Crypto Giant Grayscale

Millennials and Generation Z Could Decide 2024 ‘Bitcoin Election,’ According to Crypto Giant Grayscale

Crypto investment giant Grayscale says that two younger voting demographics could play a key role in deciding the upcoming 2024 presidential election. In a new article, the crypto asset manager notes that Bitcoin (BTC) is trading at its highest level during an American presidential election cycle. Grayscale says that millennials and Generation Z voters may […]

The post Millennials and Generation Z Could Decide 2024 ‘Bitcoin Election,’ According to Crypto Giant Grayscale appeared first on The Daily Hodl.

Bitcoin Taps $84,995 All-Time High: Market Cap Hits $1.68 Trillion as FOMO Sets In