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Crypto industry smashes all lobbying records in 2024, influencing US election

 The crypto lobby has made its mark on the US presidential elections.

The crypto industry smashed all lobbying records in 2024 as President-elect Donald Trump secured a second term to return to the White House.

All across America, in key battleground states, money from crypto lobbyists made its mark. One of the biggest wins came in Ohio, where Republican Bernie Moreno ousted Democrat Sherrod Brown at a cost to crypto lobbyists of $40 million.

Brown, a crypto skeptic, was also chair of the Senate Banking Committee. Moreno’s victory removes a major crypto roadblock in Washington.

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AI Predicts When XRP Could Hit $5, Gives Bullish Forecast for New Altcoin STARS

US attorneys push Biden to help free Binance exec held in Nigeria

Concerns increased over Tigran Gambaryan’s well-being on Oct. 18 after his illness prevented him from appearing in court.

A group of 18 state attorneys general has urged President Joe Biden to help secure the release of Binance executive Tigran Gambaryan, who has been detained in Nigeria since February 2024.

The attorneys general have asked Biden to designate Gambaryan as a hostage under the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act.

The group expressed concern over Gambaryan’s deteriorating health and the unlawful nature of his detention, according to a joint letter sent on Oct. 18.

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AI Predicts When XRP Could Hit $5, Gives Bullish Forecast for New Altcoin STARS

Bitcoin price drops under $67K as investors chase profit in stocks 

Bitcoin pulled back from its range high as investors moved to greener pastures, but a possible misstep by the SEC could benefit BTC. 

Bitcoin (BTC) briefly ventured above $68,000 on Oct. 16, the highest level since August, but holding this level proved harder than anticipated. With Bitcoin price now trading below $67,500, the primary question at hand is whether BTC price can restore its bullish momentum. 

Stronger-than-expected economic data in the United States reduced investors’ appetite for alternative hedging instruments, while a strong earnings report by TSMC shifted traders’ attention to the stock market. 

The macroeconomic environment played an important role in Bitcoin’s rejection at $68,000, but one event in the cryptocurrency industry in particular has triggered expectations of a more benevolent attitude toward crypto from the current Biden-Harris administration.

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AI Predicts When XRP Could Hit $5, Gives Bullish Forecast for New Altcoin STARS

Robert Kiyosaki Warns of World War III Amid Global Tensions — Asks ‘Are You Prepared?’

Robert Kiyosaki Warns of World War III Amid Global Tensions — Asks ‘Are You Prepared?’Robert Kiyosaki, author of Rich Dad Poor Dad, has expressed concerns about World War III, warning that current global tensions could lead to catastrophic consequences. He emphasized the need for stronger leadership. This echoes past warnings from him about geopolitical threats and energy-driven conflicts. Kiyosaki Warns of World War III Amid Rising Global Tensions The […]

AI Predicts When XRP Could Hit $5, Gives Bullish Forecast for New Altcoin STARS

Will Trump pardon SBF? 6 weird Polymarket betting pools on US politics

As the US elections approach, crypto policy betting surges on Polymarket. From traditional political predictions to quirky, unexpected wagers, users are placing bets on what’s to come.

Crypto betting platform Polymarket has received mainstream attention as betting pools on the United States presidential elections have helped the platform surpass $1 billion in volume. 

Polymarket allows individuals to anonymously create market betting pools on almost any event, with outcomes determined in a binary “yes” or “no” format. While most users focus on straightforward bets, a subset of investors gravitate toward more unorthodox wagers.

As election day approaches and crypto policies become a prominent topic in the campaign, a wide range of wagers related to politicians and crypto policies are on the rise. These bets range from conventional political predictions to humorous and bizarre speculations.

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AI Predicts When XRP Could Hit $5, Gives Bullish Forecast for New Altcoin STARS

Standard Chartered: Bitcoin Could Hit $125K Under Trump, $75K Under Harris

Standard Chartered: Bitcoin Could Hit 5K Under Trump, K Under HarrisStandard Chartered has reaffirmed its projection that bitcoin will hit new all-time highs by the end of 2024, regardless of the U.S. election outcome. The bank’s digital assets head predicts bitcoin could reach $125,000 under Trump or $75,000 under Harris, with temporary drops under a Harris presidency. Regulatory concerns loom, but other factors, like U.S. […]

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Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation

Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi RegulationHouse Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted that current regulatory frameworks were created for a system reliant on centralized intermediaries, not the decentralized, peer-to-peer […]

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Trump Maintains Slight Advantage in Election Odds on Polymarket After Harris Interview 

Trump Maintains Slight Advantage in Election Odds on Polymarket After Harris Interview After a 40-day interview hiatus, Vice President Kamala Harris has finally given her first Q&A session since President Joe Biden announced he won’t seek re-election in 2024. According to Polymarket’s election betting odds, former President Donald Trump is currently edging ahead, leading by a modest 1 percentage point. At the moment, Trump holds a 50% […]

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US Digital Asset Industry Looking for Clear Statement From Kamala Harris on Her Crypto Position: Jeremy Allaire

US Digital Asset Industry Looking for Clear Statement From Kamala Harris on Her Crypto Position: Jeremy Allaire

The chief executive of stablecoin issuer Circle says that the US crypto industry is looking for a clear statement from presidential candidate Kamala Harris on her stance on digital assets. In a new interview with CNBC Television, Circle CEO Jeremy Allaire says that the digital assets industry is looking for Harris, who became the Democratic […]

The post US Digital Asset Industry Looking for Clear Statement From Kamala Harris on Her Crypto Position: Jeremy Allaire appeared first on The Daily Hodl.

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