Crypto industry wields growing influence in US politics with donations climbing over $190 million
Crypto industry wields growing influence in US politics with donations climbing over $190 millionCrypto-driven donations are playing a crucial role in toss-up districts as the industry tries to secure political allies.
Happy Tuesday!The global crypto market cap is $2.32 trillion, with a 24-hour volume of $77.38 billion. The price of Bitcoin is $67,285.94, and BTC market dominance is 57.3%. The price of Ethereum is $2,624.38, and ETH market dominance is 13.6%. The best-performing sector is eCommerce, which gained 54%. The Crypto Fear & Greed Index is currently Greed (70). The crypto industry’s influence is making waves, from political donations exceeding $190 million in key US races to Stripe’s $1.1 billion acquisition of stablecoin platform Bridge. Ripple stays politically active with co-founder Chris Larsen’s $10 million XRP donation to Kamala Harris, while Bitcoin miners may be undervalued at a combined $28 billion. Catch up on the biggest headlines and insights shaping the crypto space today! Crypto industry wields growing influence in US politics with donations climbing over $190 million
Political donations made by the US crypto industry have surged to record highs after surpassing $190 million as the final stretch of the election cycle approaches, CNBC reported on Oct. 20. Top NewsStripe acquires stablecoin platform Bridge for $1.1 billionStriped paid more than 5x more than the stablecoin platform's $200 million valuation. Ripple commits to company bipartisanship as co-founder Chris Larsen donates $10 million XRP to Kamala HarrisRipple CEO Brad Garlinghouse stressed that US voters increasingly support the emerging industry.
Ad: Japan’s Web3 transformation: How Monex Group is powering the nation’s crypto ecosystemWith the Japanese government's supportive policies and major corporations embracing Web3, Monex Group is leveraging its expertise to guide companies into this burgeoning market. Latest InsightsMore News
|
Older messages
Global regulators discussing ways to ‘eliminate’ Bitcoin highlights cracks in fiat system
Monday, October 21, 2024
Industry experts said the regulators' paper is one of the most aggressive in recent history. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
High inflation vs regional conflict: Which leads to higher adoption of Bitcoin and crypto?
Sunday, October 20, 2024
Strong currency devaluation pushes citizens towards crypto but is political unrest a bigger driver? ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Harris explicitly announces support for crypto just weeks before election
Sunday, October 20, 2024
Kamala Harris's crypto plan highlights economic inclusion and regulatory clarity ahead of November's election. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin hits highest price since August as US markets open, breaking $67k
Sunday, October 20, 2024
Trump-backed World Liberty Finance also raised $5 million within an hour amid Bitcoin surge ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Autonomous AI agent earns $500,000 in crypto after spurring memecoin movement
Sunday, October 20, 2024
Truth Terminal's viral tweets about the "Goatse Gospel" sparked the creation of the GOAT memecoin, highlighting AI's unintended influence in crypto markets. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
You Might Also Like
🥛 These $BTC vs. Gold ETF charts are wrong 🙅
Tuesday, October 22, 2024
(There. We said it).
Introducing Exchange Flow Metrics
Tuesday, October 22, 2024
New metrics tracking exchange-flows in BTC and ETH ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Current status of Iran's local cryptocurrency exchanges: tens of millions of users and severe US sanctions
Tuesday, October 22, 2024
Amid escalating economic challenges and international sanctions, cryptocurrency users in Iran are becoming increasingly concerned about the security and reliability of centralized exchanges. ͏ ͏ ͏ ͏ ͏
🥛 $BTC breakout: confirmed! 🫡
Monday, October 21, 2024
PLUS: The largest acquisition in crypto history! 💰
Global regulators discussing ways to ‘eliminate’ Bitcoin highlights cracks in fiat system
Monday, October 21, 2024
Industry experts said the regulators' paper is one of the most aggressive in recent history. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
📈 BTC futures open interest on crypto exchanges soars to a one-year high; Crypto.com launched the Funding Arbitra…
Monday, October 21, 2024
BTC futures open interest on exchanges soars to a one-year high; Crypto.com launched the Funding Arbitrage Bot on the Crypto.com Exchange; SEC approved the NYSE and CBOE's BTC ETF options listings.
CBOE And NYSE Spot Bitcoin ETF Applications Finally Approved By The SEC
Monday, October 21, 2024
We bring you the top stories in crypto every week! Stories like... Monday Oct 21, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR CBOE And NYSE Spot Bitcoin ETF Applications Finally Approved
Bitget's New Chief Legal Officer Hon Ng: Former Binance General Counsel Who Assisted in Musk's Acquisition of Twit…
Monday, October 21, 2024
Author: Azuma (@azuma_eth) ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
What you missed this week 👀
Sunday, October 20, 2024
Wen banana zone? Will Solana flip Ethereum?