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JPMorgan Chase Issues Economic Warning, Says Trump Victory Over Biden Could Trigger ‘Elixir for Stagflation’

JPMorgan Chase Issues Economic Warning, Says Trump Victory Over Biden Could Trigger ‘Elixir for Stagflation’

JPMorgan Chase just issued a warning on the economic impact of the presidential election. In a new interview with Bloomberg, JPMorgan’s Chief Global Strategist David Kelly targets former President Trump’s interest in increasing tariffs on imports to reduce income taxes. If Trump triumphs over Biden and hikes tariffs significantly, Kelly says the former president will have […]

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Biden-Trump debate: Crypto goes completely unmentioned

Joe Biden and Donald Trump didn’t discuss crypto in their first head-to-head debate despite a multibillion-dollar crypto lobbying war chest to influence the elections.

United States President Joe Biden and former President Donald Trump didn’t mention crypto once in their 90-minute debate on Thursday despite crypto lobbyists raising millions of dollars for this election cycle.

The first of two CNN-hosted debates, held on June 27, focused on each presidential hopeful’s economic plans, abortion rights, immigration and foreign policy. It also briefly touched on their mental capabilities, with Biden, 81 and Trump, 78, the oldest candidates to ever run for president.

Despite a trio of crypto-backed super political action committees (PACs) raising $202.8 million from large industry backers and spending $93.6 million to influence the 2024 elections, the crypto sector received no mention.

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Winklevoss Brothers Send Twin $1,000,000 Bitcoin Donations to Donald Trump

Winklevoss Brothers Send Twin ,000,000 Bitcoin Donations to Donald Trump

Gemini crypto exchange co-founders Tyler and Cameron Winklevoss are each sending $1 million worth of Bitcoin (BTC) donations to Republican Presidential candidate Donald Trump. In a lengthy post on the social media platform X, the billionaires both say they are donating to Trump and will be voting for him during this year’s upcoming election due […]

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Pro-Bitcoin President Bukele Begins Second Term in El Salvador

Pro-Bitcoin President Bukele Begins Second Term in El SalvadorThe pro-bitcoin president of El Salvador, Nayib Bukele, commenced his second term on June 1 at the National Palace in San Salvador, with his family and a large crowd in attendance. Despite rising economic concerns, Bukele’s popularity remains robust. His administration’s notable policies include adopting bitcoin as legal tender. During his first term, over 80,000 […]

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Donald Trump Asks for Bitcoin, Ethereum, Dogecoin and XRP Donations As Crypto’s Election Cycle Heats Up

Donald Trump Asks for Bitcoin, Ethereum, Dogecoin and XRP Donations As Crypto’s Election Cycle Heats Up

Presidential hopeful Donald Trump is asking for donations in Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), XRP and other altcoins as the 2024 US election gets closer In a new press release, the Trump campaign says it will now be accepting crypto donations for the 2024 election and accuses Democrats of trampling on Americans’ financial freedom […]

The post Donald Trump Asks for Bitcoin, Ethereum, Dogecoin and XRP Donations As Crypto’s Election Cycle Heats Up appeared first on The Daily Hodl.

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Mark Cuban Blasts Gary Gensler, Says SEC Chair Has Not Protected Single Crypto Investor Against Fraud

Mark Cuban Blasts Gary Gensler, Says SEC Chair Has Not Protected Single Crypto Investor Against Fraud

Billionaire Mark Cuban is calling out the chair of the U.S. Securities and Exchange Commission (SEC), saying that the regulatory agency has yet to protect a single crypto investor against fraud. In a new message on the social media platform X, the business magnate says SEC Chair Gary Gensler’s tough stance against the crypto industry […]

The post Mark Cuban Blasts Gary Gensler, Says SEC Chair Has Not Protected Single Crypto Investor Against Fraud appeared first on The Daily Hodl.

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‘I’m Fine With It’: Donald Trump, a Former Digital Asset Skeptic, Continues To Court the Crypto Vote

‘I’m Fine With It’: Donald Trump, a Former Digital Asset Skeptic, Continues To Court the Crypto Vote

Former US President Donald Trump is seeking the support of the crypto community to return to the White House. In videos shared by crypto influencer Frank Degods on the social media platform X, Trump tells a group of supporters who bought his Mugshot Edition non-fungible tokens (NFTs) that he is accepting crypto donations for his […]

The post ‘I’m Fine With It’: Donald Trump, a Former Digital Asset Skeptic, Continues To Court the Crypto Vote appeared first on The Daily Hodl.

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CBDCs Will Enable the Government To Seize Your Money, Says Ex-US Presidential Candidate Vivek Ramaswamy

CBDCs Will Enable the Government To Seize Your Money, Says Ex-US Presidential Candidate Vivek Ramaswamy

Former Republican presidential candidate Vivek Ramaswamy says greenlighting a central bank digital currency (CBDC) in the US will have repercussions on the citizens’ financial freedom. In a new interview with Bloomberg Television, Ramaswamy says the government may use the digital dollar to go after those who oppose them. “A central bank digital currency, I believe, […]

The post CBDCs Will Enable the Government To Seize Your Money, Says Ex-US Presidential Candidate Vivek Ramaswamy appeared first on The Daily Hodl.

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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.

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ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says

ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde SaysThe European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator insisting it will continue to seek a “timely return” to its 2% inflation target and […]

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