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BItMEX Founder Arthur Hayes Says Next Presidential Administration Irrelevant for Crypto – Here’s Why

BItMEX Founder Arthur Hayes Says Next Presidential Administration Irrelevant for Crypto – Here’s Why

BitMEX founder Arthur Hayes says it doesn’t matter to the crypto industry who wins the upcoming presidential election. Speaking at the Token 2049 event in Singapore, the Maelstrom CIO says that he doesn’t believe Republican presidential candidate Donald Trump is being genuine when espousing pro-crypto stances. “I don’t understand why crypto bros and gals are […]

The post BItMEX Founder Arthur Hayes Says Next Presidential Administration Irrelevant for Crypto – Here’s Why appeared first on The Daily Hodl.

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Crypto wallet Exodus donates $1.3M to help ‘mobilize’ US crypto voters

Exodus’ donation to a political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.”

Crypto wallet provider Exodus announced a sizeable donation to the Stand With Crypto Alliance in an effort to garner more political support for the industry from American voters. 

Exodus, a firm founded in 2015 behind the popular crypto wallet, announced its $1.3 million donation on Sept. 24 to the Stand with Crypto political action committee (PAC) to “help support their mission of educating and mobilizing crypto voters around the country.”

The Stand With Crypto Alliance, which started the PAC in May, claims there are 52 million American crypto owners it strives to empower through education and political awareness in the lead-up to the United States presidential election on Nov. 5. 

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Kamala Harris Pledges to Support Digital Assets — ‘We Will Cut Needless Bureaucracy’

Kamala Harris Pledges to Support Digital Assets — ‘We Will Cut Needless Bureaucracy’Vice President Kamala Harris has pledged to support innovative technologies like artificial intelligence and digital assets while ensuring consumer and investor protection. Her remarks, highlighting AI and cryptocurrency as key aspects of her economic vision, marked her first direct statement on cryptocurrency as the Democratic nominee. Kamala Harris Backs AI and Cryptocurrency at Major Fundraiser […]

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Vice President Kamala Harris Wants To Encourage Crypto and AI As Part of ‘Opportunity Economy’ Agenda: Report

Vice President Kamala Harris Wants To Encourage Crypto and AI As Part of ‘Opportunity Economy’ Agenda: Report

US Vice President and Democratic Presidential nominee Kamala Harris reportedly pledged to support the crypto and artificial intelligence (AI) industries if she wins in the upcoming November election.  Bloomberg reports that Harris vowed to help grow investments in AI and digital asset technologies at a New York City fundraiser on Sunday. “I will bring together […]

The post Vice President Kamala Harris Wants To Encourage Crypto and AI As Part of ‘Opportunity Economy’ Agenda: Report appeared first on The Daily Hodl.

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Here’s Why the Fed Cut Rates by 50 Basis Points Despite Extremely Strong US Economy, According to Arthur Hayes

Here’s Why the Fed Cut Rates by 50 Basis Points Despite Extremely Strong US Economy, According to Arthur Hayes

BitMEX co-founder Arthur Hayes believes the Federal Reserve slashed interest rates by 50 basis points to boost Kamala Harris’ presidential campaign. In a new Cointelegraph interview, Hayes says Fed Chair Jerome Powell and Treasury Secretary Janet Yellen are teaming up to increase the odds that Kamala Harris will take over the White House after the […]

The post Here’s Why the Fed Cut Rates by 50 Basis Points Despite Extremely Strong US Economy, According to Arthur Hayes appeared first on The Daily Hodl.

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Kamala Harris finally breaks silence on crypto: Report

Kamala Harris has spoken publicly about crypto for the first time, pledging support for the industry while stressing consumer protections.

Kamala Harris made her first public statement amid her campaign for the United States presidency — vowing to encourage investment in artificial intelligence and digital assets during a Wall Street fundraiser.

“We will partner together to invest in America’s competitiveness, to invest in America’s future. We will encourage innovative technologies like AI and digital assets while protecting our consumers and investors,” Harris said at a fundraiser in Manhattan, Bloomberg reported on Sept. 22.

“We will create a safe business environment with consistent and transparent rules of the road,” Harris said. “We will invest in semiconductors, clean energy and other industries of the future, and we will cut needless bureaucracy.”

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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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Betting Markets and Polls Show Harris Ahead of Trump as Election Nears

Betting Markets and Polls Show Harris Ahead of Trump as Election NearsWith only 44 days remaining until the U.S. election, the blockchain-powered predictions market Polymarket shows Vice President Kamala Harris slightly ahead in a wager against former President Donald Trump. As of Sunday, Sept. 22, Harris holds 52%, with Trump close on her heels at 47%. Harris Tops Trump in Polls and Prediction Markets as Countdown […]

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Fintech Veteran: Crypto Market Growth Not Tied to US Election Outcome

Fintech Veteran: Crypto Market Growth Not Tied to US Election OutcomeWhile the crypto market’s brief dip after U.S. Presidential candidate Kamala Harris’ debate “win” against Donald Trump suggested the market favours the former president, Ziad El Baba, Ramp Network’s chief product officer, says the drop’s short-lived nature indicates users are wary of both candidates. El Baba also notes the market’s quick recovery reinforces a notion […]

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Bitcoin to hit $200K by end of 2025 regardless of election — Bank exec

The 2024 election is projected to be a tight race on the granular local level, but this shouldn’t matter for the long-term price of BTC. 

Geoff Kendrick, global head of digital assets research at Standard Chartered — a cross-border bank — believes Bitcoin (BTC) will have likely reached $200,000 by the end of 2025 regardless of who wins the 2024 United States presidential election.

According to the bank executive, three factors are poised to drive the price of Bitcoin to new all-time highs in 2025, including the likely removal of Staff Accounting Bulletin-121 (SAB-121) — a rule effectively preventing banks from holding digital assets for clients — a marginal uptick in inflation, and positive inflows into Bitcoin exchange-traded funds (ETFs).

Kendrick expects SAB-121 to be repealed by both Former President Donald Trump and Vice President Kamala Harris. Similarly, the Standard Chartered executive said that leadership changes at the Securities and Exchange Commission were likely coming — specifically noting SEC Chair Gary Gensler’s negative impact on the crypto industry and what Gensler’s potential replacement could mean for the markets.

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