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Crypto stocks recover from dip as polls say Harris won debate against Trump

Crypto and Bitcoin mining-related stocks in the US bounced back from an early trading day dip after opinion polls showed voters rated Kamala Harris debate performance.

Crypto and Bitcoin mining-related stocks have bounced back following an early trading day dip in the wake of the debate between United States presidential candidates Donald Trump and Kamala Harris.

Publicly traded crypto and Bitcoin (BTC) mining firms saw their share prices plunge on Sept. 11, reacting to the debate the night before where opinion polls pinned Harris as outperforming the pro-crypto Trump.

The crypto-linked shares recovered from their lows, with most closing trading on only slightly down.

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Trump Victory Could Boost Bitcoin to $90K — Harris Win Might Sink BTC to $30K Level, Says Bernstein

Trump Victory Could Boost Bitcoin to K — Harris Win Might Sink BTC to K Level, Says BernsteinBitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s analysts believe that Trump’s pro-crypto stance and regulatory reforms could boost the cryptocurrency market while a Kamala Harris victory may cause bitcoin to fall below […]

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CFTC Files Motion To Shut Down Kalshi’s Election Markets After Betting Platform’s ‘Huge Win’ Against Regulator

CFTC Files Motion To Shut Down Kalshi’s Election Markets After Betting Platform’s ‘Huge Win’ Against Regulator

The Commodity Futures Trading Commission (CFTC) is filing a motion to shut down Kalshi’s election betting markets after the firm scored up a legal victory against the regulator. According to new court documents, the CFTC is asking a US court for an emergency stay of a judge’s recent decision to overturn the regulatory body’s order […]

The post CFTC Files Motion To Shut Down Kalshi’s Election Markets After Betting Platform’s ‘Huge Win’ Against Regulator appeared first on The Daily Hodl.

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Trump vows to make US ‘world capital of crypto,’ taps Musk for new task force

 “Instead of attacking industries of the future, we will embrace them,” said Donald Trump about the crypto industry in America.

United States presidential candidate and former President Donald Trump has reiterated his support for crypto and endorsed tech billionaire Elon Musk to head a new government task force. 

Speaking at the Economic Club of New York on Sept. 5, Trump restated his support for the digital asset industry.

Trump said that, if elected, he would eliminate a minimum of ten old regulations for one new regulation, before adding:

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Trump’s crypto gambit in Bitcoin, NFTs and DeFi intensifies ahead of election

Trump and his family’s crypto ventures continue to expand as they aim to attract voters through supporting digital assets.

Former United States President Donald Trump has put his personal brand on a wide range of products, from Trump gold sneakers to Trump Steaks and even a Trump-endorsed Bible.

Now, crypto has allowed the Republican Party presidential nominee to earn money through his personal brand while indicating his commitment to the blockchain industry. 

During his previous presidential term, Trump declared he was “not a fan of Bitcoin and other cryptocurrencies.” 

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Pro-XRP attorney John Deaton wins Republican US Senate primary

The pro-crypto lawyer secured victory in the Massachusetts Republican primary race and will now face off against industry antagonist Elizabeth Warren in November. 

Pro-crypto attorney John Deaton has won the Republican nomination for the U.S. Senate in the Massachusetts primary election and is set to face off against Democratic Senator Elizabeth Warren in November. 

Deaton, a former Marine and outspoken advocate of Ripple (XRP), defeated two other Republican candidates including industrial engineer Bob Antonellis and Quincy city council president Ian Cain to nab the Republican nomination, according to a Sept. 4 report from the Associated Press.

He has secured 64% of votes so far, with just over 43% of the total votes in Massachusetts being counted at the time of publication, according to election tracking data from Politico.

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Despite Being Down Overall, Majority of US Crypto Owners Support Donald Trump: New National Poll

Despite Being Down Overall, Majority of US Crypto Owners Support Donald Trump: New National Poll

The majority of crypto owners in the US support Donald Trump over Kamala Harris despite the former president being behind in a new national poll. According to a recent poll conducted by Fairleigh Dickinson University (FDU), US crypto owners are embracing Trump as their candidate for the upcoming presidential election as he holds a double-digit […]

The post Despite Being Down Overall, Majority of US Crypto Owners Support Donald Trump: New National Poll appeared first on The Daily Hodl.

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Venezuela blocks Binance, X amid presidential election dispute

Binance has assured its users that their funds are safe after Venezuela cut off access to the exchange and social media platform X.

Venezuela’s government has blocked access to crypto exchange Binance, social media platform X and other online services amid unrest over disputed presidential election results.

On Aug. 9, local anti-censorship organization VE sin Filtro posted to X that it “detected a DNS block on the cryptocurrency exchange Binance, which affects the normal operation of its website and mobile application.”

“Like several websites of companies from different segments in Venezuela, including social networks, Binance pages have been facing access restrictions,” the exchange’s Latin American-focused X account posted on Aug. 10.

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Arthur Hayes Predicts Your Crypto Will Rise With Trump or Harris — Bitcoin to Go ‘Very, Very High’

Arthur Hayes Predicts Your Crypto Will Rise With Trump or Harris — Bitcoin to Go ‘Very, Very High’Bitmex cofounder and former CEO Arthur Hayes has predicted cryptocurrency prices will rise under both the Donald Trump and Kamala Harris administrations due to increased money printing. He added that bitcoin’s price could soar to “hundreds of thousands of dollars, maybe $1 million.” Arthur Hayes Predicts Aggressive Financial Measures and Soaring Crypto Prices Arthur Hayes, […]

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Pro-crypto RFK Jr. once dumped a dead bear in New York’s Central Park

Robert F. Kennedy Jr. left the dead bear with an old bicycle, at a time when there was a rise of cyclist-related accidents across New York.

Pro-crypto presidential candidate Robert F. Kennedy Jr. admits he was the one who dumped a dead bear in New York City’s Central Park a decade ago, which made national headlines at the time. 

In a video he released on X on August 4, the pro-crypto presidential candidate told the story to actress Roseanne Barr. He said that he didn’t kill the young bear as it was hit by another driver.

He said he planned to skin the bear because it was in very good condition, and keep the meat in the refrigerator because that is permissible for roadkill in New York State.

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