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269 Pro-Crypto Candidates Voted In to House of Representatives and Senate: Stand With Crypto

269 Pro-Crypto Candidates Voted In to House of Representatives and Senate: Stand With Crypto

Coinbase-backed digital asset advocacy group Stand With Crypto says that over 250 pro-crypto candidates were voted into Congress. According to the non-profit organization, last night’s presidential election – which saw Donald Trump defeat Vice President Kamala Harris – also included victories for 257 pro-crypto candidates in the House and 16 in the Senate. However, Stand […]

The post 269 Pro-Crypto Candidates Voted In to House of Representatives and Senate: Stand With Crypto appeared first on The Daily Hodl.

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Harris beats Biden, lags Trump on crypto policy — Galaxy Research

Harris takes a softer stance than Biden on crypto regulation but is more skeptical than Trump on taxes, Bitcoin mining and self-custody, according to Galaxy Research.

United States presidential candidate Kamala Harris is friendlier toward cryptocurrency than her boss, President Joe Biden, but not nearly as pro-industry as rival Donald Trump, Galaxy Research said on Oct. 14.

Harris promises to meaningfully improve the regulatory environment for US crypto firms, but she holds unfavorable positions on other relevant issues, such as taxes, Bitcoin (BTC) mining and self-custody, according to a post by Alex Thorn, Galaxy’s research head, on the X platform.

“While trump is undoubtedly more favorable for the industry, we’re optimistic that harris could be more supportive than biden has been,” Thorn said.

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‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Analyst PlanB Unveils Potential Trigger for Next Bitcoin ‘Pump,’ Says Whales Waiting for Outcome of One Event

Analyst PlanB Unveils Potential Trigger for Next Bitcoin ‘Pump,’ Says Whales Waiting for Outcome of One Event

Popular quant analyst PlanB says crypto whales are staying on the sidelines for now to await the results of a highly anticipated event. In a video update, the pseudonymous analyst tells his 179,000 YouTube subscribers that he believes Bitcoin (BTC) is in a bull market despite its choppy price action over the last eight months. […]

The post Analyst PlanB Unveils Potential Trigger for Next Bitcoin ‘Pump,’ Says Whales Waiting for Outcome of One Event appeared first on The Daily Hodl.

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Altcoins Could Do Well if Republicans Win, Bitcoin the Safe Bet if Democrats Retake White House: Alex Krüger

Altcoins Could Do Well if Republicans Win, Bitcoin the Safe Bet if Democrats Retake White House: Alex Krüger

A widely followed economist believes that the outcome of this November’s US presidential election could have significant ramifications for the crypto market. In a new interview on the Unchained Podcast YouTube channel, economist Alex Krüger says that altcoins will likely fare better if former US president and Republican nominee Donald Trump prevails. However, if the […]

The post Altcoins Could Do Well if Republicans Win, Bitcoin the Safe Bet if Democrats Retake White House: Alex Krüger appeared first on The Daily Hodl.

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Donald Trump’s Presidential Campaign Raises Over $4,000,000 in Bitcoin (BTC) and Other Crypto Funds: Report

Donald Trump’s Presidential Campaign Raises Over ,000,000 in Bitcoin (BTC) and Other Crypto Funds: Report

Former US President Donald J. Trump’s re-election campaign bid is raising millions in crypto funds. Trump, who has billed himself as “The Crypto Candidate”, began accepting crypto donations to his campaign earlier this year. Initially, data analysis showed little inflow to the campaign’s crypto wallet. By mid-June, data analytics firm Breadcrumbs found that Trump had […]

The post Donald Trump’s Presidential Campaign Raises Over $4,000,000 in Bitcoin (BTC) and Other Crypto Funds: Report appeared first on The Daily Hodl.

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Polymarket monthly volume hits $100M as presidential race heats up

There are now over $200 million worth of bets on who will win the United States presidential election — now just four months out.

Decentralized predictions platform Polymarket hit $100 million in monthly trading volume in June as punters upped their stakes on how they think the United States presidential election will play out.

At the time of writing, there are $203.3 million worth of bets in “Presidential Election Winner 2024” — which consists of individual “Yes” or “No” bets across 17 prediction markets.

U.S. President Donald Trump is currently the favorite, with 62% odds that he will win the U.S. election — totaling $24.7 million in bets for and against.

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‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

US Presidential Memecoins Rise and Fall Following First Trump-Biden Debate

US Presidential Memecoins Rise and Fall Following First Trump-Biden Debate

Even though crypto was left unmentioned in last night’s first 2024 US Presidential debate, memecoins based on the candidates’ likenesses have responded strongly. Last night, millions of Americans tuned in to watch the first of two debates between Republican candidate Donald Trump and incumbent Democratic President Joe Biden. The two candidate’s crypto stances have been […]

The post US Presidential Memecoins Rise and Fall Following First Trump-Biden Debate appeared first on The Daily Hodl.

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Donald Trump Refers to Himself As ‘The Crypto President’ in Bid for Donations From Digital Asset Sector: Report

Donald Trump Refers to Himself As ‘The Crypto President’ in Bid for Donations From Digital Asset Sector: Report

Former president Donald Trump continues to bill himself as the crypto-friendly candidate in a bid to secure donations from the digital asset sector. Trevor Traina, a tech executive, tells Reuters that Trump said “he would be the crypto president” at a recent San Francisco fundraiser. Traina previously served as the US ambassador to Austria during […]

The post Donald Trump Refers to Himself As ‘The Crypto President’ in Bid for Donations From Digital Asset Sector: Report appeared first on The Daily Hodl.

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

US voters across 4 swing states oppose anti-crypto pres candidates: Coinbase

A poll of voters in New Hampshire, Nevada, Ohio and Pennsylvania found 55% would be less likely to vote for anti-web3 presidential candidate, said Coinbase.

Crypto exchange Coinbase says it will focus its "Stand with Crypto" campaign on nine states in the U.S., including four “swing states” with voters polled as less likely to choose anti-crypto presidential candidates.

The four “swing states” include New Hampshire, Nevada, Ohio, and Pennsylvania, which are just some of the states the crypto exchange is set to focus its “Stand with Crypto” campaign, it said in a Sept. 19 blog.

“Polling in the fall of 2022 showed that in the key states of NH, NV, OH, and PA, over half (55%) of voters stated that they would be less likely to vote for candidates who oppose crypto and Web3,” said Coinbase, citing survey data collected in a Morning Consult poll a year prior.

The October-published poll included 800 likely voters across the four states. Between 13-19% of respondents in the four states claimed to own cryptocurrency at the time of the polling.

Percentage of voters in the four swing states that own cryptocurrencies or nonfungible tokens. Source: Morning Consult

Coinbase also cited that in Nevada, Ohio and Pennsylvania in particular, more than 40% of crypto owners use blockchain to remit money overseas to help family members pay for food, housing and health care for far less than what banks typically charge with international wire transfers.

Coinbase attempts to mobilize crypto users

The highlighted research comes amid an ongoing “Stand With Crypto” campaign, a 14-month-long campaign launched by Coinbase in August, pushing for crypto legislation in the country.

Coinbase said the campaign will focus on the four “swing states” but will also include an intense focus on Arizona, California, Georgia, Illinois, and Wisconsin, which have an “over-index” when it comes to crypto owners, it said.

“While a growing number of elected officials in Congress are advocating for legislation to regulate crypto and drive progress in the financial system, others are simply choosing to protect the status quo.

Coinbase is also set to organize a “Stand with Crypto Day” will take place in Washington D.C. on Sept. 27 to advocate for better cryptocurrency innovation and policy.

Related: Coinbase CEO says leaving US ‘not even in the realm of possibility right now’ — Report

The campaign is also encouraging crypto owners and supporters to take a moment to call their members of Congress and ask them to pass clear, sensible legislation.

“Today we kick off this effort by rallying the collective energy of the community, and taking the fight off X (formerly known as Twitter) and on to the phones."

“The campaign will encourage crypto owners and supporters to take one minute of their day to call their member of Congress and ask them to pass clear, sensible legislation,” it added.

Magazine: Binance, Coinbase head to court, and the SEC labels 67 crypto-securities: Hodler’s Digest, June 4-10

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Crypto CEO Willing To Give at Least $1,000,000,000 To Influence Outcome of US Presidential Election

Crypto CEO Willing To Give at Least ,000,000,000 To Influence Outcome of US Presidential Election

The founder and CEO of crypto exchange FTX says he is willing to give at least $100 million to the right candidate in the next US Presidential election. In a new interview on the What’s Your Problem podcast, Sam Bankman-Fried says that he could spend a lot of money in the 2024 election cycle depending […]

The post Crypto CEO Willing To Give at Least $1,000,000,000 To Influence Outcome of US Presidential Election appeared first on The Daily Hodl.

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs