As the US presidential race becomes more intense with less than a month away until Election Day, data from last week suggests that digital asset inflows have surged to $2.2 billion. This figure marked the highest level since July, spurred by optimism for a potential Republican success in the election. Inflows Surge Amid US Election...Read More
According to filings with the United States Federal Election Commission, Marc Andreessen and Ben Horowitz each donated $2.5 million to a pro-Trump super PAC called Right For America. Their support for Trump is based on his policies being seen as beneficial to the crypto industry and startups, which they call the “little tech agenda,” according...Read More
World Liberty Financial (WLF), the highly anticipated decentralized finance (DeFi) protocol backed by Donald Trump, kicked off its public token sale on Tuesday, raising approximately $11.49 million on its first day. This figure represents around 3.8% of the protocol’s ambitious $300 million fundraising target expected from the token’s first sale. Figures Fall Short of Projections...Read More
U.S. Vice President Kamala Harris has pledged to support digital asset policies that protect crypto investors, especially black men participating in the sector. The promise was part of a wide-ranging agenda targeting men of color whom the Democratic flagbearer’s team believes could be pivotal in the November presidential elections. Securing Black Male Voters via Crypto...Read More
The sale of World Liberty Financial’s (WLF) native token, WLFI, will go live on October 15. This is according to U.S. Presidential candidate Donald Trump, whose family is fronting the venture. X Spaces Slated for October 14 Trump made the announcement over the weekend in a post on X, where he urged followers to “help...Read More
Donald Trump’s crypto project, World Liberty Financial (WLF), has submitted a proposal to the Aave governance forum. The former president and his business partners plan to use the platform for their cryptocurrency offering. The submission aims to establish WLF’s services as an instance on Aave, with the protocol providing the necessary underlying infrastructure. In return,...Read More
Robinhood’s Chief Legal Officer, Dan Gallagher, is emerging as a leading contender to head the SEC if Donald Trump wins the presidency. “He’d be a natural choice,” one former senior SEC official told Politico, which cited a dozen former top regulators, lobbyists, and securities lawyers. Talkshow host Steven Steele commented that this would be huge...Read More
Donald Trump has once again expressed support for Ross Ulbricht, the imprisoned founder of the Silk Road, an illegal online marketplace. Trump took to Truth Social to vow that he would “save” Ulbricht. Trump Vows to Free Ulbricht if Re-elected The former president shared a screenshot of Ulbricht’s recent post marking the start of another...Read More
A new survey by ConsenSys and HarrisX reveals that nearly half of U.S. voters (49%) consider a pro-crypto stance important when choosing political candidates. Additionally, 62% are willing to cross party lines for a candidate who supports pro-cryptocurrency policies. Crypto Regulation and Voter Sentiment The study also found that 85% of respondents want presidential candidates...Read More
Polymarket, the blockchain-based prediction platform, recorded a trading volume of $533.51 million in September, driven largely by interest in the 2024 U.S. presidential election and geopolitical developments in the Middle East. According to Dune Analytics, this marks a $61.51 million increase from August’s $472 million. The platform also saw a 41% rise in active users,...Read More
A digital asset lobby group backed by Coinbase, Stand With Crypto, has been forced to change its crypto-friendly ranking of Democratic presidential candidate Kamala Harris. The group, which runs a website that ranks the level of support U.S. politicians have shown for crypto, had characterized Harris as “Supports Crypto,” giving her a “B” grade. Group...Read More
The presidential candidate pitched her economic agenda to donors in New York City on Sept 22, stating that she wants to support innovation in artificial intelligence and crypto and focus regulations on protecting consumers and investors. The Democrat stated that she would bring together small business founders, innovators, and major companies to “invest in America’s...Read More
The presidential candidate reiterated his support for digital assets on Sept. 18 by treating his supporters to burgers at a New York bar and paying with BTC. Trump entered a crypto-themed venue called PubKey in Greenwich Village where he was met with applause from Bitcoiners and supporters. “Who wants a burger?” he asked before spending...Read More
Just one day after surviving a second assassination attempt, Donald Trump officially launched his long-anticipated cryptocurrency project, World Liberty Financial (WLF), through a live X Space event. However, the launch has gotten criticism from the crypto community for its lack of substantive information about the project. Community Backlash In a recent video posted on X,...Read More
As the United States presidential election inches nearer, the two contenders continue making several moves to capture citizens’ attention. Republican candidate Donald Trump has doubled down on his efforts to win crypto investors’ votes. Following a Friday announcement of a crypto-centric platform dubbed World Liberty Financial, 84% of bettors on the biggest prediction market, Polymarket,...Read More
Donald Trump has set the launch date for World Liberty Financial, which will debut on September 16. This announcement follows hints from his family earlier this summer, as well as Trump’s previous vague descriptions of the project as a DeFi platform for borrowing and lending. Details of the Project In a video posted on X,...Read More
Bitcoin (BTC) is on track to hit new all-time highs by the end of 2024, according to Standard Chartered. In the view of the bank’s global head of digital assets, Geoff Kendrick, who is quoted in a recent CoinDesk report, Bitcoin could climb to $125,000 if former U.S. President Donald Trump wins the upcoming election...Read More
The Donald Trump-themed meme coin MAGA (TRUMP) has tanked 15% over the past 12 hours following a less than convincing performance in the presidential debate held on Sept. 10. TRUMP hit an intraday high of $3.42 before his showdown with Democrat rival Kamala Harris. However, it dumped to $2.89 as the debate went on, and...Read More
A draft white paper obtained by CoinDesk reveals that 70% of the World Liberty Financial project governance token, WLFI, is reserved for insiders, including founders, team members, and service providers. The white paper also shows that WLFI will not be transferable until there’s regulatory clarity for such tokens. Token Allocation Former U.S. President Donald Trump...Read More
The X accounts of Lara Trump and Tiffany Trump were reportedly hacked Tuesday evening, resulting in fraudulent messages posted to promote a fake cryptocurrency token. The compromised accounts were used to falsely endorse a token allegedly linked to World Liberty Financial, a new crypto project recently promoted by members of the Trump family. Details of...Read More
On Polymarket, election bettors are once again leaning toward Republican candidate Donald Trump. In the meantime, Kamala Harris, the Democratic contender, saw her odds dip to 47% over the weekend, down from an earlier 50/50 chance. Trump Surges Back to 53% on Polymarket Trump’s odds of winning the November election had peaked at 71% in...Read More
These are the findings of a new research report on “PolitiFi coins” from CoinGecko published on Aug. 27. The report noted that PolitiFi tokens outperformed meme coins, rising 782.4% between January 1 and August 25, 2024, while memes rose around 90% during the same period. The firm described PolitiFi tokens as a subset of the...Read More
Donald Trump has announced a new batch of NFT trading cards, continuing his bid to win crypto votes in the upcoming November elections. The Republican U.S. presidential nominee took to his Truth Social account to unveil the non-fungible token while posting a promotional video of himself saying people call him the “crypto president.” NFT Trading...Read More
The United States’ most popular independent candidate for President has officially placed his political support behind Donald Trump in the 2024 Presidential election. His endorsement places two of three leading Presidential candidates who are explicitly pro-Bitcoin on the same political team. Why RFK Has Endorsed Trump Kennedy said that the Trump campaign had offered him...Read More
Bitcoin surged by 4% back to $61,550 on Wednesday as speculation grew that Robert F. Kennedy Jr. may soon exit the 2024 U.S. Presidential race to endorse Donald Trump. The news has re-established Trump as a betting favorite to win the November election, which is thought by analysts to have major implications for Bitcoin’s short-term...Read More
There are growing rumors in Washington that Vice President Kamala Harris may nominate SEC Chair Gary Gensler as Treasury Secretary if she wins at the polls in November. Those rumors corroborate what top Republicans have also told the Washington Reporter on the record it reported on Aug. 19. Speaking to the outlet, Minnesota representative Tom...Read More
A new financial disclosure has revealed that Trump has millions of dollars invested in crypto – an industry that’s become a clear target of his electoral campaign. Yet despite his many specific appeals to Bitcoin investors, there’s no evidence that the former president holds any BTC himself, as opposed to smaller alternatives. Trump’s Crypto Portfolio...Read More
On Aug. 12, X owner Elon Musk said there appeared to be a massive distributed denial-of-service (DDOS) attack on the micro-blogging platform, “working on shutting it down.” A DDOS attack aims to disrupt a website or service by flooding the network with spurious traffic in an effort to prevent users from accessing the site. “As...Read More
Former President Donald Trump, now a presidential candidate, has made Bitcoin a central focus of his campaign, promising to make the US a global crypto leader. Building on his father’s recent pivot toward crypto, Donald Trump Jr. is developing a new decentralized finance (DeFi) platform to address banking access inequality. Trump Jr Targets the Debanked...Read More
According to a Fox Business report on Aug. 7, a new advocacy group called “Crypto for Harris” has been launched to battle rival Donald Trump’s industry appeal. The group is planning a virtual town hall meeting next week to support the Harris campaign and promote fundraising initiatives. Fox’s Eleanor Terrett reported that those speaking will...Read More
