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.
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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. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Strong currency devaluation pushes citizens towards crypto but is political unrest a bigger driver? ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Kamala Harris's crypto plan highlights economic inclusion and regulatory clarity ahead of November's election. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Truth Terminal's viral tweets about the "Goatse Gospel" sparked the creation of the GOAT memecoin, highlighting AI's unintended influence in crypto markets. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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