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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
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MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
On October 25th, Binance and…… More
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Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
Kendrick predicted in his analysis that Bitcoin would reach $73,000 on Election Day. If Trump won, the price could rise even further. A Harris win could also lead to temporary drops in the BTC Today’s Viral level= LightPink before it stabilizes. Crypto PACs continue to make their wallets and voices heard during the final days of the elections, which has attracted criticism. Polymarket also shifted its betting odds in Trump’s favor, largely due to a whale who took a strong pro-Trump stance.
Bitcoin could reach new highs due to the Trump bump
Geoff Kendrick is an analyst with Standard Chartered Bank. He predicted that Bitcoin could reach $125,000 at the end of this year. This prediction will only become a reality if the Republican Party wins in the US Elections on November 5. Kendrick is particularly optimistic in his outlook for the Republican Party, especially if Donald Trump wins the presidential election.
Kendrick believes that Bitcoin will reach $73,000 on Election Day. This is in line with betting markets’ increasing odds of Trump winning. This is a little below the previous Bitcoin all-time record of $73,800, which was set in March.
Geoff Kendrick’s Bitcoin analysis
Kendrick predicts that if Trump wins a second term the value of Bitcoin will immediately rise by 4% after election results have been announced. Then, an extra 10% will increase within the next few days. Kendrick, on the other hand believes that if Kamala wins, there will be temporary decline in Bitcoin. He still thinks that BTC will reach $75,000 at the end of this year.
Trump is generally seen by the crypto community as being more supportive of the industry than Harris. Her campaign has received support from some well-known people within the crypto community, including Ripple founder Chris Larsen who donated $11 million worth of XRP. Trump’s chances of winning on Ploymarket are currently 63%, and a whale investor has recently bet $20 million on Trump.
Other market analysts and commentators share Kendrick’s optimistic outlook for Bitcoin in the case of a Trump victory. Bitwise’s executive suggested that Bitcoin might reach $92,000. Crypto exchange Deribit predicts that if Trump is elected, the cryptocurrency will reach $80,000 before November’s end. BlackRock CEO Larry Fink, however believes Bitcoin’s upward trend will continue regardless the outcome of the elections.
Crypto PACs slammed for election interference
Summer Lee, Pennsylvania’s Representative Summer Lee has recently criticised crypto-backed Political Action Committees (PACs), for funding ads that were intended to discredit candidates during the primaries of 2024. Rep. Lee, at a virtual event hosted by Public Citizen & Americans for Financial Reform on Oct. 24, criticized the influence of special interest groups such as crypto Super-PACs that targeted legislators seeking reelection.
Rep. Lee claimed that money coming from digital assets is used to intimidate representatives fighting for accountability. She cited examples where crypto-PACs spent more than $3,000,000 to defeat her colleagues Jamaal and Cori Bowman who had lost their primaries in August and June.
Lee believes that this type of behaviour keeps the average person out of politics, while major players dominate. Her comments on the $134,000,000 spent by crypto-interests in an election cycle were also seen as an abuse of the system to hide the real motivations for their involvement in the races.
Lee then pointed out that the Fairshake PAC funded media purchases against Bowman who represents New York’s 16th Congressional District and Bush from Missouri’s 1st Congressional District. Fairshake’s Josh Vlasto referred to her in August as an “anticrypto and Elizabeth Warren-endorsed legislator” after Bush lost. She believes that this is proof of industry intent, which only supports candidates aligned with their interests.
FairshaePAC total contributions in the past 2 years. (Source:FEC )
Lee acknowledges that industry and interest groups have the right to a say in a democracy. However, she believes that these interests should not have an overwhelming influence or dominate any conversation.
Not everyone is concerned about the role of crypto-PACs. Texas Blockchain Council president Lee Bratcher addressed the Permissionless Conference on October 10 and described the PAC activities as a normal part of democratic activity, in which funding is used to secure the time and bandwidth needed for educating elected officials about industry.
Despite the fact that there are just a few weeks left before the US elections, crypto super PACs continue to pour money into either supporting or opposing certain candidates. The early voting has already begun, and many millions of people are likely to vote soon. Control of both the House and Senate are at stake.
Fairshake, along with its affiliate Defend American Jobs, reported that they spent $1.3 Million in five states on Oct. 17 to support various candidates. Fairshake and its affiliate Defend American Jobs spent $1.3 million in five states to back various candidates. Protect Progress, a Fairshake affiliate that also bought media, supported Virginia Representative Suhas subramanyam, and California Representative Rohit Knann.
These crypto-PACs are primarily focused on races for Congress, but their influence extends even to presidential elections. Bitcoin Voter PAC funded recent ads in Texas and Pennsylvania supporting Donald Trump, and Senate candidates.
Polymarket has identified a pro-Trump whale
Polymarket’s representatives identified a whale who was responsible for the $28 million of pro-Trump trades on their platform. The trades, they say, were made by a French national with experience in trading and finance.
A report by The New York Times DealBook revealed that company spokespersons confirmed the trader placed bets using four different accounts: Fredi9999 PrincessCaro and Michie. Investigation found no proof of manipulation, as the trader deliberately spread out his bets to avoid erratic movements in the market. Polymarket contacted the individual and he stated that his positions were based on personal opinions about the US Presidential election in 2024.
Election winner odds (Source: Polymarket)
Polymarket’s betting odds on the presidential elections began to noticeably shift towards former president Donald Trump in October. The company began investigating after this raised serious questions about market manipulation. The investigation had as one of its main objectives to find potential US users of the platform. This is because the platform was primarily designed for international users.
Tarek Msour, founder of Kalshi’s prediction market, however, claimed that Polymarket odds accurately reflect organic market sentiment. Mansour cited data from Kalshi which showed similar trends, with Trump holding a strong lead over Kamalah Harris.
Polymarket changed its odds after Trump’s support surged in early October. This marked the end of a period in which betting margins were narrow between both candidates. Harris held a good lead in August but the race became tighter as September approached.
Critics of prediction markets claim that these are less reliable than polling, and traders place bets based on speculation without solid evidence. However, supporters say that the platforms serve as an important public service. The prediction market’s monetary incentive is also viewed as a better gauge for election sentiment than conventional polls.
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Aventus Network Confirms Launch of Aventus 2.0, Key to Driving Enterprise Use Cases to Polkadot
London, United Kingdom, 22nd…… More
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-22
BABY CHEEMS BABYCHEEMS 8min …… More
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Howard Winklevoss, Crypto OG founder and Gemini co-founder
You Can Find It In This Article
Howard Winklevoss has become a tech and financial icon. He is a pioneer in the crypto world. He’s a crypto pioneer. As an early digital currency adopter, he is a familiar name. He’s always pushing to increase crypto adoption.
Winklevoss has a strong interest in Bitcoin, beyond just his work as a businessman. He is also an active investor in this space. He is known to make smart financial decisions and frequently comments about digital currency trends with other market observers. He is often referred to as the crypto-policy maker by industry people. He is active on Twitter where he has a constant stream of conversations about crypto.
He is an entrepreneur as well as an investor. Winklevoss founded Winklevoss Technologies, and worked across multiple industries beyond cryptocurrency. The broad-based approach attracted both traditional and new investors. Howard Winklevoss has been a major part of financial innovation and conversation as crypto continues to evolve.
P2P Cryptoscams: How to avoid fraudulent activities
Early Childhood Education
Howard Winklevoss had a career in both business and academics. The actuarial background he had paved the way for his work later in finance and entrepreneurship.
The Early Years of Life and Families
Howard Edward Winklevoss grew up in a small Pennsylvania town. His dad, a professor and his mother were both big education advocates. Howard’s future was impacted by this environment. His early focus on data and numbers helped develop his analytical abilities.
Howard was able to achieve academically because his family encouraged him to explore many different subjects.
Educational Institutions
Howard, who was good in math, decided to pursue actuarial sciences at the University of Pennsylvania. Both his undergraduate and postgraduate degrees were obtained at the University of Pennsylvania. He was hired as a teacher at Wharton School of Business for his academic accomplishments.
Howard’s expertise was reflected in his co-authored books, including several on finance and actuarial sciences. His academic background also influenced his career in finance and entrepreneurial ventures.
Co-founding ConnectU
Howard Winklevoss is known for both his investment and entrepreneurial work. He is a cofounder of Gemini, a leading crypto exchange. It was this that led him to play a major role in Bitcoin advocacy. He was involved in the first social networks, notably ConnectU.
The History of ConnectU
ConnectU was originally known as HarvardConnection. It was founded by Cameron, Tyler Winklevoss, and Divya Naraindra in December 2002. Users could connect with each other, send private messages and create personal profiles. It was a goal to build digital communities and a network site for Harvard Students. Howard’s children inherited the entrepreneurial gene, which uses technology to bring people together.
ConnectU was a pioneer of online social networking. It showed that early efforts in this area could result in greater technological advancements. ConnectU is a part of early digital communications.
Facebook Lawsuit
Mark Zuckerberg vs the Winklevoss Twins is one of the most well-known chapters in technology history. The twins claimed in 2004 that Zuckerberg stole their idea. In 2008, a settlement of $65 million was reached in the case. The case is the benchmark for any intellectual property dispute in technology.
This controversy shows how startups face challenges and are at risk. It is important to note that the lawsuit between ConnectU and Facebook has an impact on the technology industry.
Check out Crypto Separately Managed Accounts (SMAs), Custom Investment Solutions for Institutions
Cryptocurrency
Howard Winklevoss, known as the father of Cameron and Tyler Winklevoss, played an important role in his sons’ entry into cryptocurrency. He was a co-founder of Gemini, the largest crypto exchange. Gemini set standards for security and regulatory issues.
Bitcoin
Howard Winklevoss encouraged his sons to invest in Bitcoins early. He saw that the cryptocurrency market had the potential to change traditional finance. The family became huge in cryptocurrency with the success of Gemini.
Howard’s views are in agreement with those of financial experts, who also recommend digital assets as a way to invest. He cited Bitcoin’s potential to generate huge returns, as well as its decentralization. This attracted traders and investors.
Analysts often point out the role of Gemini in driving crypto adoption. It is a secure place to do business and it further solidifies the notion that digital currency will be the future of financial services.
Winklevoss Capital Management
Howard founded Winklevoss Capital Management in order to fund blockchain and cryptocurrency initiatives. It invests in companies that are using blockchain technology to revolutionize industries. The firm invests in large-impact projects that go beyond financial return.
Winklevoss Capital Management is a tech- and finance-focused company that invests across many sectors. It is an approach to long-term industry growth.
The firm is credited by industry leaders for its role in today’s crypto-scape. Winklevoss Capital helped lay the foundations for the new era of tech-enabled financial services.
Rowing
Howard Winklevoss’s involvement in rowing at the Olympic and collegiate levels, as well as his support for its growth and accessibility have had a significant impact on the sport. Many in the rowing world have been inspired by him.
Rowing at the Olympic and Collegiate Level
Howard Winklevoss developed his talent for rowing while participating in collegiate teams. As he watched the twins of his sons rowing at Saugatuck Rowing Association, Westport in Connecticut, Howard Winklevoss’ interest in the sport increased. RowAmerica was founded by him as a way to promote the sport of rowing on all levels. Many athletes, including those who competed in the Olympics, have also been inspired by his work. His framework continues to be used as a guide for training and raising the bar in rowing competitions around the world.
Sport Promotion
Howard Winklevoss, in addition to cultivating rowing talent, has also been an advocate of expanding the appeal and accessibility of rowing. RowAmerica was founded to introduce rowing into underserved areas, a testament to his passion for growing the sport. Winklevoss is a passionate advocate for rowing and works with rowing clubs in the local area to inspire new rowers. RowAmerica’s work is aimed at making the sport more inclusive so that people will discover rowing and fall in love with it. The sport has grown across demographics thanks to this advocacy.
Crypto bonds: Blockchain-based debt instruments and how they work
Howard Winklevoss has a great deal of fame in the worlds of finance and cryptocurrency. He is an important player in Bitcoin as the founder of Gemini, a leading crypto exchange. The section includes his film, literary and media portrayals.
Media Appearances
Howard Winklevoss has been quoted many times on tech and finance. His views about investment and cryptocurrency are frequently quoted in the media as he is President and Co-Founder at Winklevoss Partners. He was on CNBC discussing digital currencies such as Bitcoin.
Winklevoss, a crypto-space expert, supports blockchain in the same way as Anthony Pompliano. Pompliano tweeted that Bitcoin was a major financial asset. Other market leaders share his views about crypto innovations. They see blockchain as the financial future.
Film and Literature
Media has immortalized Howard Winklevoss in the world of technology. The movie The Social Network featured Tyler Winklevoss, his son Cameron and their brother. It is a movie about the lawsuit they filed against Facebook. Howard appears in the film’s background, even though he does not appear in it.
The Winklevoss Family has been covered in literature. The Winklevoss Brothers are mentioned in Tech Revolution books as crypto players. It could be because of Howard Winklevoss. The Gemini exchange is at the center of the cryptocurrency world because of his work.
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$KERORO Hits Solana With A Seismic Shift Expected – CoinJournal
Newcastle upon Tyne, United…… More
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
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MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
On October 25th, Binance and…… More
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Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
Kendrick predicted in his analysis that Bitcoin would reach $73,000 on Election Day. If Trump won, the price could rise even further. A Harris win could also lead to temporary drops in the BTC Today’s Viral level= LightPink before it stabilizes. Crypto PACs continue to make their wallets and voices heard during the final days of the elections, which has attracted criticism. Polymarket also shifted its betting odds in Trump’s favor, largely due to a whale who took a strong pro-Trump stance.
Bitcoin could reach new highs due to the Trump bump
Geoff Kendrick is an analyst with Standard Chartered Bank. He predicted that Bitcoin could reach $125,000 at the end of this year. This prediction will only become a reality if the Republican Party wins in the US Elections on November 5. Kendrick is particularly optimistic in his outlook for the Republican Party, especially if Donald Trump wins the presidential election.
Kendrick believes that Bitcoin will reach $73,000 on Election Day. This is in line with betting markets’ increasing odds of Trump winning. This is a little below the previous Bitcoin all-time record of $73,800, which was set in March.
Geoff Kendrick’s Bitcoin analysis
Kendrick predicts that if Trump wins a second term the value of Bitcoin will immediately rise by 4% after election results have been announced. Then, an extra 10% will increase within the next few days. Kendrick, on the other hand believes that if Kamala wins, there will be temporary decline in Bitcoin. He still thinks that BTC will reach $75,000 at the end of this year.
Trump is generally seen by the crypto community as being more supportive of the industry than Harris. Her campaign has received support from some well-known people within the crypto community, including Ripple founder Chris Larsen who donated $11 million worth of XRP. Trump’s chances of winning on Ploymarket are currently 63%, and a whale investor has recently bet $20 million on Trump.
Other market analysts and commentators share Kendrick’s optimistic outlook for Bitcoin in the case of a Trump victory. Bitwise’s executive suggested that Bitcoin might reach $92,000. Crypto exchange Deribit predicts that if Trump is elected, the cryptocurrency will reach $80,000 before November’s end. BlackRock CEO Larry Fink, however believes Bitcoin’s upward trend will continue regardless the outcome of the elections.
Crypto PACs slammed for election interference
Summer Lee, Pennsylvania’s Representative Summer Lee has recently criticised crypto-backed Political Action Committees (PACs), for funding ads that were intended to discredit candidates during the primaries of 2024. Rep. Lee, at a virtual event hosted by Public Citizen & Americans for Financial Reform on Oct. 24, criticized the influence of special interest groups such as crypto Super-PACs that targeted legislators seeking reelection.
Rep. Lee claimed that money coming from digital assets is used to intimidate representatives fighting for accountability. She cited examples where crypto-PACs spent more than $3,000,000 to defeat her colleagues Jamaal and Cori Bowman who had lost their primaries in August and June.
Lee believes that this type of behaviour keeps the average person out of politics, while major players dominate. Her comments on the $134,000,000 spent by crypto-interests in an election cycle were also seen as an abuse of the system to hide the real motivations for their involvement in the races.
Lee then pointed out that the Fairshake PAC funded media purchases against Bowman who represents New York’s 16th Congressional District and Bush from Missouri’s 1st Congressional District. Fairshake’s Josh Vlasto referred to her in August as an “anticrypto and Elizabeth Warren-endorsed legislator” after Bush lost. She believes that this is proof of industry intent, which only supports candidates aligned with their interests.
FairshaePAC total contributions in the past 2 years. (Source:FEC )
Lee acknowledges that industry and interest groups have the right to a say in a democracy. However, she believes that these interests should not have an overwhelming influence or dominate any conversation.
Not everyone is concerned about the role of crypto-PACs. Texas Blockchain Council president Lee Bratcher addressed the Permissionless Conference on October 10 and described the PAC activities as a normal part of democratic activity, in which funding is used to secure the time and bandwidth needed for educating elected officials about industry.
Despite the fact that there are just a few weeks left before the US elections, crypto super PACs continue to pour money into either supporting or opposing certain candidates. The early voting has already begun, and many millions of people are likely to vote soon. Control of both the House and Senate are at stake.
Fairshake, along with its affiliate Defend American Jobs, reported that they spent $1.3 Million in five states on Oct. 17 to support various candidates. Fairshake and its affiliate Defend American Jobs spent $1.3 million in five states to back various candidates. Protect Progress, a Fairshake affiliate that also bought media, supported Virginia Representative Suhas subramanyam, and California Representative Rohit Knann.
These crypto-PACs are primarily focused on races for Congress, but their influence extends even to presidential elections. Bitcoin Voter PAC funded recent ads in Texas and Pennsylvania supporting Donald Trump, and Senate candidates.
Polymarket has identified a pro-Trump whale
Polymarket’s representatives identified a whale who was responsible for the $28 million of pro-Trump trades on their platform. The trades, they say, were made by a French national with experience in trading and finance.
A report by The New York Times DealBook revealed that company spokespersons confirmed the trader placed bets using four different accounts: Fredi9999 PrincessCaro and Michie. Investigation found no proof of manipulation, as the trader deliberately spread out his bets to avoid erratic movements in the market. Polymarket contacted the individual and he stated that his positions were based on personal opinions about the US Presidential election in 2024.
Election winner odds (Source: Polymarket)
Polymarket’s betting odds on the presidential elections began to noticeably shift towards former president Donald Trump in October. The company began investigating after this raised serious questions about market manipulation. The investigation had as one of its main objectives to find potential US users of the platform. This is because the platform was primarily designed for international users.
Tarek Msour, founder of Kalshi’s prediction market, however, claimed that Polymarket odds accurately reflect organic market sentiment. Mansour cited data from Kalshi which showed similar trends, with Trump holding a strong lead over Kamalah Harris.
Polymarket changed its odds after Trump’s support surged in early October. This marked the end of a period in which betting margins were narrow between both candidates. Harris held a good lead in August but the race became tighter as September approached.
Critics of prediction markets claim that these are less reliable than polling, and traders place bets based on speculation without solid evidence. However, supporters say that the platforms serve as an important public service. The prediction market’s monetary incentive is also viewed as a better gauge for election sentiment than conventional polls.
Grid XXSmall Mod11
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
-
-
MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
On October 25th, Binance and…… More
-
Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
Kendrick predicted in his analysis that Bitcoin would reach $73,000 on Election Day. If Trump won, the price could rise even further. A Harris win could also lead to temporary drops in the BTC Today’s Viral level= LightPink before it stabilizes. Crypto PACs continue to make their wallets and voices heard during the final days of the elections, which has attracted criticism. Polymarket also shifted its betting odds in Trump’s favor, largely due to a whale who took a strong pro-Trump stance.
Bitcoin could reach new highs due to the Trump bump
Geoff Kendrick is an analyst with Standard Chartered Bank. He predicted that Bitcoin could reach $125,000 at the end of this year. This prediction will only become a reality if the Republican Party wins in the US Elections on November 5. Kendrick is particularly optimistic in his outlook for the Republican Party, especially if Donald Trump wins the presidential election.
Kendrick believes that Bitcoin will reach $73,000 on Election Day. This is in line with betting markets’ increasing odds of Trump winning. This is a little below the previous Bitcoin all-time record of $73,800, which was set in March.
Geoff Kendrick’s Bitcoin analysis
Kendrick predicts that if Trump wins a second term the value of Bitcoin will immediately rise by 4% after election results have been announced. Then, an extra 10% will increase within the next few days. Kendrick, on the other hand believes that if Kamala wins, there will be temporary decline in Bitcoin. He still thinks that BTC will reach $75,000 at the end of this year.
Trump is generally seen by the crypto community as being more supportive of the industry than Harris. Her campaign has received support from some well-known people within the crypto community, including Ripple founder Chris Larsen who donated $11 million worth of XRP. Trump’s chances of winning on Ploymarket are currently 63%, and a whale investor has recently bet $20 million on Trump.
Other market analysts and commentators share Kendrick’s optimistic outlook for Bitcoin in the case of a Trump victory. Bitwise’s executive suggested that Bitcoin might reach $92,000. Crypto exchange Deribit predicts that if Trump is elected, the cryptocurrency will reach $80,000 before November’s end. BlackRock CEO Larry Fink, however believes Bitcoin’s upward trend will continue regardless the outcome of the elections.
Crypto PACs slammed for election interference
Summer Lee, Pennsylvania’s Representative Summer Lee has recently criticised crypto-backed Political Action Committees (PACs), for funding ads that were intended to discredit candidates during the primaries of 2024. Rep. Lee, at a virtual event hosted by Public Citizen & Americans for Financial Reform on Oct. 24, criticized the influence of special interest groups such as crypto Super-PACs that targeted legislators seeking reelection.
Rep. Lee claimed that money coming from digital assets is used to intimidate representatives fighting for accountability. She cited examples where crypto-PACs spent more than $3,000,000 to defeat her colleagues Jamaal and Cori Bowman who had lost their primaries in August and June.
Lee believes that this type of behaviour keeps the average person out of politics, while major players dominate. Her comments on the $134,000,000 spent by crypto-interests in an election cycle were also seen as an abuse of the system to hide the real motivations for their involvement in the races.
Lee then pointed out that the Fairshake PAC funded media purchases against Bowman who represents New York’s 16th Congressional District and Bush from Missouri’s 1st Congressional District. Fairshake’s Josh Vlasto referred to her in August as an “anticrypto and Elizabeth Warren-endorsed legislator” after Bush lost. She believes that this is proof of industry intent, which only supports candidates aligned with their interests.
FairshaePAC total contributions in the past 2 years. (Source:FEC )
Lee acknowledges that industry and interest groups have the right to a say in a democracy. However, she believes that these interests should not have an overwhelming influence or dominate any conversation.
Not everyone is concerned about the role of crypto-PACs. Texas Blockchain Council president Lee Bratcher addressed the Permissionless Conference on October 10 and described the PAC activities as a normal part of democratic activity, in which funding is used to secure the time and bandwidth needed for educating elected officials about industry.
Despite the fact that there are just a few weeks left before the US elections, crypto super PACs continue to pour money into either supporting or opposing certain candidates. The early voting has already begun, and many millions of people are likely to vote soon. Control of both the House and Senate are at stake.
Fairshake, along with its affiliate Defend American Jobs, reported that they spent $1.3 Million in five states on Oct. 17 to support various candidates. Fairshake and its affiliate Defend American Jobs spent $1.3 million in five states to back various candidates. Protect Progress, a Fairshake affiliate that also bought media, supported Virginia Representative Suhas subramanyam, and California Representative Rohit Knann.
These crypto-PACs are primarily focused on races for Congress, but their influence extends even to presidential elections. Bitcoin Voter PAC funded recent ads in Texas and Pennsylvania supporting Donald Trump, and Senate candidates.
Polymarket has identified a pro-Trump whale
Polymarket’s representatives identified a whale who was responsible for the $28 million of pro-Trump trades on their platform. The trades, they say, were made by a French national with experience in trading and finance.
A report by The New York Times DealBook revealed that company spokespersons confirmed the trader placed bets using four different accounts: Fredi9999 PrincessCaro and Michie. Investigation found no proof of manipulation, as the trader deliberately spread out his bets to avoid erratic movements in the market. Polymarket contacted the individual and he stated that his positions were based on personal opinions about the US Presidential election in 2024.
Election winner odds (Source: Polymarket)
Polymarket’s betting odds on the presidential elections began to noticeably shift towards former president Donald Trump in October. The company began investigating after this raised serious questions about market manipulation. The investigation had as one of its main objectives to find potential US users of the platform. This is because the platform was primarily designed for international users.
Tarek Msour, founder of Kalshi’s prediction market, however, claimed that Polymarket odds accurately reflect organic market sentiment. Mansour cited data from Kalshi which showed similar trends, with Trump holding a strong lead over Kamalah Harris.
Polymarket changed its odds after Trump’s support surged in early October. This marked the end of a period in which betting margins were narrow between both candidates. Harris held a good lead in August but the race became tighter as September approached.
Critics of prediction markets claim that these are less reliable than polling, and traders place bets based on speculation without solid evidence. However, supporters say that the platforms serve as an important public service. The prediction market’s monetary incentive is also viewed as a better gauge for election sentiment than conventional polls.
Grid Small Mod03
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
-
-
MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
On October 25th, Binance and…… More
-
Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
Kendrick predicted in his analysis that Bitcoin would reach $73,000 on Election Day. If Trump won, the price could rise even further. A Harris win could also lead to temporary drops in the BTC Today’s Viral level= LightPink before it stabilizes. Crypto PACs continue to make their wallets and voices heard during the final days of the elections, which has attracted criticism. Polymarket also shifted its betting odds in Trump’s favor, largely due to a whale who took a strong pro-Trump stance.
Bitcoin could reach new highs due to the Trump bump
Geoff Kendrick is an analyst with Standard Chartered Bank. He predicted that Bitcoin could reach $125,000 at the end of this year. This prediction will only become a reality if the Republican Party wins in the US Elections on November 5. Kendrick is particularly optimistic in his outlook for the Republican Party, especially if Donald Trump wins the presidential election.
Kendrick believes that Bitcoin will reach $73,000 on Election Day. This is in line with betting markets’ increasing odds of Trump winning. This is a little below the previous Bitcoin all-time record of $73,800, which was set in March.
Geoff Kendrick’s Bitcoin analysis
Kendrick predicts that if Trump wins a second term the value of Bitcoin will immediately rise by 4% after election results have been announced. Then, an extra 10% will increase within the next few days. Kendrick, on the other hand believes that if Kamala wins, there will be temporary decline in Bitcoin. He still thinks that BTC will reach $75,000 at the end of this year.
Trump is generally seen by the crypto community as being more supportive of the industry than Harris. Her campaign has received support from some well-known people within the crypto community, including Ripple founder Chris Larsen who donated $11 million worth of XRP. Trump’s chances of winning on Ploymarket are currently 63%, and a whale investor has recently bet $20 million on Trump.
Other market analysts and commentators share Kendrick’s optimistic outlook for Bitcoin in the case of a Trump victory. Bitwise’s executive suggested that Bitcoin might reach $92,000. Crypto exchange Deribit predicts that if Trump is elected, the cryptocurrency will reach $80,000 before November’s end. BlackRock CEO Larry Fink, however believes Bitcoin’s upward trend will continue regardless the outcome of the elections.
Crypto PACs slammed for election interference
Summer Lee, Pennsylvania’s Representative Summer Lee has recently criticised crypto-backed Political Action Committees (PACs), for funding ads that were intended to discredit candidates during the primaries of 2024. Rep. Lee, at a virtual event hosted by Public Citizen & Americans for Financial Reform on Oct. 24, criticized the influence of special interest groups such as crypto Super-PACs that targeted legislators seeking reelection.
Rep. Lee claimed that money coming from digital assets is used to intimidate representatives fighting for accountability. She cited examples where crypto-PACs spent more than $3,000,000 to defeat her colleagues Jamaal and Cori Bowman who had lost their primaries in August and June.
Lee believes that this type of behaviour keeps the average person out of politics, while major players dominate. Her comments on the $134,000,000 spent by crypto-interests in an election cycle were also seen as an abuse of the system to hide the real motivations for their involvement in the races.
Lee then pointed out that the Fairshake PAC funded media purchases against Bowman who represents New York’s 16th Congressional District and Bush from Missouri’s 1st Congressional District. Fairshake’s Josh Vlasto referred to her in August as an “anticrypto and Elizabeth Warren-endorsed legislator” after Bush lost. She believes that this is proof of industry intent, which only supports candidates aligned with their interests.
FairshaePAC total contributions in the past 2 years. (Source:FEC )
Lee acknowledges that industry and interest groups have the right to a say in a democracy. However, she believes that these interests should not have an overwhelming influence or dominate any conversation.
Not everyone is concerned about the role of crypto-PACs. Texas Blockchain Council president Lee Bratcher addressed the Permissionless Conference on October 10 and described the PAC activities as a normal part of democratic activity, in which funding is used to secure the time and bandwidth needed for educating elected officials about industry.
Despite the fact that there are just a few weeks left before the US elections, crypto super PACs continue to pour money into either supporting or opposing certain candidates. The early voting has already begun, and many millions of people are likely to vote soon. Control of both the House and Senate are at stake.
Fairshake, along with its affiliate Defend American Jobs, reported that they spent $1.3 Million in five states on Oct. 17 to support various candidates. Fairshake and its affiliate Defend American Jobs spent $1.3 million in five states to back various candidates. Protect Progress, a Fairshake affiliate that also bought media, supported Virginia Representative Suhas subramanyam, and California Representative Rohit Knann.
These crypto-PACs are primarily focused on races for Congress, but their influence extends even to presidential elections. Bitcoin Voter PAC funded recent ads in Texas and Pennsylvania supporting Donald Trump, and Senate candidates.
Polymarket has identified a pro-Trump whale
Polymarket’s representatives identified a whale who was responsible for the $28 million of pro-Trump trades on their platform. The trades, they say, were made by a French national with experience in trading and finance.
A report by The New York Times DealBook revealed that company spokespersons confirmed the trader placed bets using four different accounts: Fredi9999 PrincessCaro and Michie. Investigation found no proof of manipulation, as the trader deliberately spread out his bets to avoid erratic movements in the market. Polymarket contacted the individual and he stated that his positions were based on personal opinions about the US Presidential election in 2024.
Election winner odds (Source: Polymarket)
Polymarket’s betting odds on the presidential elections began to noticeably shift towards former president Donald Trump in October. The company began investigating after this raised serious questions about market manipulation. The investigation had as one of its main objectives to find potential US users of the platform. This is because the platform was primarily designed for international users.
Tarek Msour, founder of Kalshi’s prediction market, however, claimed that Polymarket odds accurately reflect organic market sentiment. Mansour cited data from Kalshi which showed similar trends, with Trump holding a strong lead over Kamalah Harris.
Polymarket changed its odds after Trump’s support surged in early October. This marked the end of a period in which betting margins were narrow between both candidates. Harris held a good lead in August but the race became tighter as September approached.
Critics of prediction markets claim that these are less reliable than polling, and traders place bets based on speculation without solid evidence. However, supporters say that the platforms serve as an important public service. The prediction market’s monetary incentive is also viewed as a better gauge for election sentiment than conventional polls.
Ordered Text List XSmall
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
-
New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
-
-
MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
On October 25th, Binance and…… More
-
Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
Kendrick predicted in his analysis that Bitcoin would reach $73,000 on Election Day. If Trump won, the price could rise even further. A Harris win could also lead to temporary drops in the BTC Today’s Viral level= LightPink before it stabilizes. Crypto PACs continue to make their wallets and voices heard during the final days of the elections, which has attracted criticism. Polymarket also shifted its betting odds in Trump’s favor, largely due to a whale who took a strong pro-Trump stance.
Bitcoin could reach new highs due to the Trump bump
Geoff Kendrick is an analyst with Standard Chartered Bank. He predicted that Bitcoin could reach $125,000 at the end of this year. This prediction will only become a reality if the Republican Party wins in the US Elections on November 5. Kendrick is particularly optimistic in his outlook for the Republican Party, especially if Donald Trump wins the presidential election.
Kendrick believes that Bitcoin will reach $73,000 on Election Day. This is in line with betting markets’ increasing odds of Trump winning. This is a little below the previous Bitcoin all-time record of $73,800, which was set in March.
Geoff Kendrick’s Bitcoin analysis
Kendrick predicts that if Trump wins a second term the value of Bitcoin will immediately rise by 4% after election results have been announced. Then, an extra 10% will increase within the next few days. Kendrick, on the other hand believes that if Kamala wins, there will be temporary decline in Bitcoin. He still thinks that BTC will reach $75,000 at the end of this year.
Trump is generally seen by the crypto community as being more supportive of the industry than Harris. Her campaign has received support from some well-known people within the crypto community, including Ripple founder Chris Larsen who donated $11 million worth of XRP. Trump’s chances of winning on Ploymarket are currently 63%, and a whale investor has recently bet $20 million on Trump.
Other market analysts and commentators share Kendrick’s optimistic outlook for Bitcoin in the case of a Trump victory. Bitwise’s executive suggested that Bitcoin might reach $92,000. Crypto exchange Deribit predicts that if Trump is elected, the cryptocurrency will reach $80,000 before November’s end. BlackRock CEO Larry Fink, however believes Bitcoin’s upward trend will continue regardless the outcome of the elections.
Crypto PACs slammed for election interference
Summer Lee, Pennsylvania’s Representative Summer Lee has recently criticised crypto-backed Political Action Committees (PACs), for funding ads that were intended to discredit candidates during the primaries of 2024. Rep. Lee, at a virtual event hosted by Public Citizen & Americans for Financial Reform on Oct. 24, criticized the influence of special interest groups such as crypto Super-PACs that targeted legislators seeking reelection.
Rep. Lee claimed that money coming from digital assets is used to intimidate representatives fighting for accountability. She cited examples where crypto-PACs spent more than $3,000,000 to defeat her colleagues Jamaal and Cori Bowman who had lost their primaries in August and June.
Lee believes that this type of behaviour keeps the average person out of politics, while major players dominate. Her comments on the $134,000,000 spent by crypto-interests in an election cycle were also seen as an abuse of the system to hide the real motivations for their involvement in the races.
Lee then pointed out that the Fairshake PAC funded media purchases against Bowman who represents New York’s 16th Congressional District and Bush from Missouri’s 1st Congressional District. Fairshake’s Josh Vlasto referred to her in August as an “anticrypto and Elizabeth Warren-endorsed legislator” after Bush lost. She believes that this is proof of industry intent, which only supports candidates aligned with their interests.
FairshaePAC total contributions in the past 2 years. (Source:FEC )
Lee acknowledges that industry and interest groups have the right to a say in a democracy. However, she believes that these interests should not have an overwhelming influence or dominate any conversation.
Not everyone is concerned about the role of crypto-PACs. Texas Blockchain Council president Lee Bratcher addressed the Permissionless Conference on October 10 and described the PAC activities as a normal part of democratic activity, in which funding is used to secure the time and bandwidth needed for educating elected officials about industry.
Despite the fact that there are just a few weeks left before the US elections, crypto super PACs continue to pour money into either supporting or opposing certain candidates. The early voting has already begun, and many millions of people are likely to vote soon. Control of both the House and Senate are at stake.
Fairshake, along with its affiliate Defend American Jobs, reported that they spent $1.3 Million in five states on Oct. 17 to support various candidates. Fairshake and its affiliate Defend American Jobs spent $1.3 million in five states to back various candidates. Protect Progress, a Fairshake affiliate that also bought media, supported Virginia Representative Suhas subramanyam, and California Representative Rohit Knann.
These crypto-PACs are primarily focused on races for Congress, but their influence extends even to presidential elections. Bitcoin Voter PAC funded recent ads in Texas and Pennsylvania supporting Donald Trump, and Senate candidates.
Polymarket has identified a pro-Trump whale
Polymarket’s representatives identified a whale who was responsible for the $28 million of pro-Trump trades on their platform. The trades, they say, were made by a French national with experience in trading and finance.
A report by The New York Times DealBook revealed that company spokespersons confirmed the trader placed bets using four different accounts: Fredi9999 PrincessCaro and Michie. Investigation found no proof of manipulation, as the trader deliberately spread out his bets to avoid erratic movements in the market. Polymarket contacted the individual and he stated that his positions were based on personal opinions about the US Presidential election in 2024.
Election winner odds (Source: Polymarket)
Polymarket’s betting odds on the presidential elections began to noticeably shift towards former president Donald Trump in October. The company began investigating after this raised serious questions about market manipulation. The investigation had as one of its main objectives to find potential US users of the platform. This is because the platform was primarily designed for international users.
Tarek Msour, founder of Kalshi’s prediction market, however, claimed that Polymarket odds accurately reflect organic market sentiment. Mansour cited data from Kalshi which showed similar trends, with Trump holding a strong lead over Kamalah Harris.
Polymarket changed its odds after Trump’s support surged in early October. This marked the end of a period in which betting margins were narrow between both candidates. Harris held a good lead in August but the race became tighter as September approached.
Critics of prediction markets claim that these are less reliable than polling, and traders place bets based on speculation without solid evidence. However, supporters say that the platforms serve as an important public service. The prediction market’s monetary incentive is also viewed as a better gauge for election sentiment than conventional polls.
Ordered Text List Medium
-
New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
-
New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
-
-
MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
On October 25th, Binance and…… More
-
Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
Kendrick predicted in his analysis that Bitcoin would reach $73,000 on Election Day. If Trump won, the price could rise even further. A Harris win could also lead to temporary drops in the BTC Today’s Viral level= LightPink before it stabilizes. Crypto PACs continue to make their wallets and voices heard during the final days of the elections, which has attracted criticism. Polymarket also shifted its betting odds in Trump’s favor, largely due to a whale who took a strong pro-Trump stance.
Bitcoin could reach new highs due to the Trump bump
Geoff Kendrick is an analyst with Standard Chartered Bank. He predicted that Bitcoin could reach $125,000 at the end of this year. This prediction will only become a reality if the Republican Party wins in the US Elections on November 5. Kendrick is particularly optimistic in his outlook for the Republican Party, especially if Donald Trump wins the presidential election.
Kendrick believes that Bitcoin will reach $73,000 on Election Day. This is in line with betting markets’ increasing odds of Trump winning. This is a little below the previous Bitcoin all-time record of $73,800, which was set in March.
Geoff Kendrick’s Bitcoin analysis
Kendrick predicts that if Trump wins a second term the value of Bitcoin will immediately rise by 4% after election results have been announced. Then, an extra 10% will increase within the next few days. Kendrick, on the other hand believes that if Kamala wins, there will be temporary decline in Bitcoin. He still thinks that BTC will reach $75,000 at the end of this year.
Trump is generally seen by the crypto community as being more supportive of the industry than Harris. Her campaign has received support from some well-known people within the crypto community, including Ripple founder Chris Larsen who donated $11 million worth of XRP. Trump’s chances of winning on Ploymarket are currently 63%, and a whale investor has recently bet $20 million on Trump.
Other market analysts and commentators share Kendrick’s optimistic outlook for Bitcoin in the case of a Trump victory. Bitwise’s executive suggested that Bitcoin might reach $92,000. Crypto exchange Deribit predicts that if Trump is elected, the cryptocurrency will reach $80,000 before November’s end. BlackRock CEO Larry Fink, however believes Bitcoin’s upward trend will continue regardless the outcome of the elections.
Crypto PACs slammed for election interference
Summer Lee, Pennsylvania’s Representative Summer Lee has recently criticised crypto-backed Political Action Committees (PACs), for funding ads that were intended to discredit candidates during the primaries of 2024. Rep. Lee, at a virtual event hosted by Public Citizen & Americans for Financial Reform on Oct. 24, criticized the influence of special interest groups such as crypto Super-PACs that targeted legislators seeking reelection.
Rep. Lee claimed that money coming from digital assets is used to intimidate representatives fighting for accountability. She cited examples where crypto-PACs spent more than $3,000,000 to defeat her colleagues Jamaal and Cori Bowman who had lost their primaries in August and June.
Lee believes that this type of behaviour keeps the average person out of politics, while major players dominate. Her comments on the $134,000,000 spent by crypto-interests in an election cycle were also seen as an abuse of the system to hide the real motivations for their involvement in the races.
Lee then pointed out that the Fairshake PAC funded media purchases against Bowman who represents New York’s 16th Congressional District and Bush from Missouri’s 1st Congressional District. Fairshake’s Josh Vlasto referred to her in August as an “anticrypto and Elizabeth Warren-endorsed legislator” after Bush lost. She believes that this is proof of industry intent, which only supports candidates aligned with their interests.
FairshaePAC total contributions in the past 2 years. (Source:FEC )
Lee acknowledges that industry and interest groups have the right to a say in a democracy. However, she believes that these interests should not have an overwhelming influence or dominate any conversation.
Not everyone is concerned about the role of crypto-PACs. Texas Blockchain Council president Lee Bratcher addressed the Permissionless Conference on October 10 and described the PAC activities as a normal part of democratic activity, in which funding is used to secure the time and bandwidth needed for educating elected officials about industry.
Despite the fact that there are just a few weeks left before the US elections, crypto super PACs continue to pour money into either supporting or opposing certain candidates. The early voting has already begun, and many millions of people are likely to vote soon. Control of both the House and Senate are at stake.
Fairshake, along with its affiliate Defend American Jobs, reported that they spent $1.3 Million in five states on Oct. 17 to support various candidates. Fairshake and its affiliate Defend American Jobs spent $1.3 million in five states to back various candidates. Protect Progress, a Fairshake affiliate that also bought media, supported Virginia Representative Suhas subramanyam, and California Representative Rohit Knann.
These crypto-PACs are primarily focused on races for Congress, but their influence extends even to presidential elections. Bitcoin Voter PAC funded recent ads in Texas and Pennsylvania supporting Donald Trump, and Senate candidates.
Polymarket has identified a pro-Trump whale
Polymarket’s representatives identified a whale who was responsible for the $28 million of pro-Trump trades on their platform. The trades, they say, were made by a French national with experience in trading and finance.
A report by The New York Times DealBook revealed that company spokespersons confirmed the trader placed bets using four different accounts: Fredi9999 PrincessCaro and Michie. Investigation found no proof of manipulation, as the trader deliberately spread out his bets to avoid erratic movements in the market. Polymarket contacted the individual and he stated that his positions were based on personal opinions about the US Presidential election in 2024.
Election winner odds (Source: Polymarket)
Polymarket’s betting odds on the presidential elections began to noticeably shift towards former president Donald Trump in October. The company began investigating after this raised serious questions about market manipulation. The investigation had as one of its main objectives to find potential US users of the platform. This is because the platform was primarily designed for international users.
Tarek Msour, founder of Kalshi’s prediction market, however, claimed that Polymarket odds accurately reflect organic market sentiment. Mansour cited data from Kalshi which showed similar trends, with Trump holding a strong lead over Kamalah Harris.
Polymarket changed its odds after Trump’s support surged in early October. This marked the end of a period in which betting margins were narrow between both candidates. Harris held a good lead in August but the race became tighter as September approached.
Critics of prediction markets claim that these are less reliable than polling, and traders place bets based on speculation without solid evidence. However, supporters say that the platforms serve as an important public service. The prediction market’s monetary incentive is also viewed as a better gauge for election sentiment than conventional polls.
Ordered Text List XLarge
-
New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
-
New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
-
-
MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
On October 25th, Binance and…… More
-
Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
Kendrick predicted in his analysis that Bitcoin would reach $73,000 on Election Day. If Trump won, the price could rise even further. A Harris win could also lead to temporary drops in the BTC Today’s Viral level= LightPink before it stabilizes. Crypto PACs continue to make their wallets and voices heard during the final days of the elections, which has attracted criticism. Polymarket also shifted its betting odds in Trump’s favor, largely due to a whale who took a strong pro-Trump stance.
Bitcoin could reach new highs due to the Trump bump
Geoff Kendrick is an analyst with Standard Chartered Bank. He predicted that Bitcoin could reach $125,000 at the end of this year. This prediction will only become a reality if the Republican Party wins in the US Elections on November 5. Kendrick is particularly optimistic in his outlook for the Republican Party, especially if Donald Trump wins the presidential election.
Kendrick believes that Bitcoin will reach $73,000 on Election Day. This is in line with betting markets’ increasing odds of Trump winning. This is a little below the previous Bitcoin all-time record of $73,800, which was set in March.
Geoff Kendrick’s Bitcoin analysis
Kendrick predicts that if Trump wins a second term the value of Bitcoin will immediately rise by 4% after election results have been announced. Then, an extra 10% will increase within the next few days. Kendrick, on the other hand believes that if Kamala wins, there will be temporary decline in Bitcoin. He still thinks that BTC will reach $75,000 at the end of this year.
Trump is generally seen by the crypto community as being more supportive of the industry than Harris. Her campaign has received support from some well-known people within the crypto community, including Ripple founder Chris Larsen who donated $11 million worth of XRP. Trump’s chances of winning on Ploymarket are currently 63%, and a whale investor has recently bet $20 million on Trump.
Other market analysts and commentators share Kendrick’s optimistic outlook for Bitcoin in the case of a Trump victory. Bitwise’s executive suggested that Bitcoin might reach $92,000. Crypto exchange Deribit predicts that if Trump is elected, the cryptocurrency will reach $80,000 before November’s end. BlackRock CEO Larry Fink, however believes Bitcoin’s upward trend will continue regardless the outcome of the elections.
Crypto PACs slammed for election interference
Summer Lee, Pennsylvania’s Representative Summer Lee has recently criticised crypto-backed Political Action Committees (PACs), for funding ads that were intended to discredit candidates during the primaries of 2024. Rep. Lee, at a virtual event hosted by Public Citizen & Americans for Financial Reform on Oct. 24, criticized the influence of special interest groups such as crypto Super-PACs that targeted legislators seeking reelection.
Rep. Lee claimed that money coming from digital assets is used to intimidate representatives fighting for accountability. She cited examples where crypto-PACs spent more than $3,000,000 to defeat her colleagues Jamaal and Cori Bowman who had lost their primaries in August and June.
Lee believes that this type of behaviour keeps the average person out of politics, while major players dominate. Her comments on the $134,000,000 spent by crypto-interests in an election cycle were also seen as an abuse of the system to hide the real motivations for their involvement in the races.
Lee then pointed out that the Fairshake PAC funded media purchases against Bowman who represents New York’s 16th Congressional District and Bush from Missouri’s 1st Congressional District. Fairshake’s Josh Vlasto referred to her in August as an “anticrypto and Elizabeth Warren-endorsed legislator” after Bush lost. She believes that this is proof of industry intent, which only supports candidates aligned with their interests.
FairshaePAC total contributions in the past 2 years. (Source:FEC )
Lee acknowledges that industry and interest groups have the right to a say in a democracy. However, she believes that these interests should not have an overwhelming influence or dominate any conversation.
Not everyone is concerned about the role of crypto-PACs. Texas Blockchain Council president Lee Bratcher addressed the Permissionless Conference on October 10 and described the PAC activities as a normal part of democratic activity, in which funding is used to secure the time and bandwidth needed for educating elected officials about industry.
Despite the fact that there are just a few weeks left before the US elections, crypto super PACs continue to pour money into either supporting or opposing certain candidates. The early voting has already begun, and many millions of people are likely to vote soon. Control of both the House and Senate are at stake.
Fairshake, along with its affiliate Defend American Jobs, reported that they spent $1.3 Million in five states on Oct. 17 to support various candidates. Fairshake and its affiliate Defend American Jobs spent $1.3 million in five states to back various candidates. Protect Progress, a Fairshake affiliate that also bought media, supported Virginia Representative Suhas subramanyam, and California Representative Rohit Knann.
These crypto-PACs are primarily focused on races for Congress, but their influence extends even to presidential elections. Bitcoin Voter PAC funded recent ads in Texas and Pennsylvania supporting Donald Trump, and Senate candidates.
Polymarket has identified a pro-Trump whale
Polymarket’s representatives identified a whale who was responsible for the $28 million of pro-Trump trades on their platform. The trades, they say, were made by a French national with experience in trading and finance.
A report by The New York Times DealBook revealed that company spokespersons confirmed the trader placed bets using four different accounts: Fredi9999 PrincessCaro and Michie. Investigation found no proof of manipulation, as the trader deliberately spread out his bets to avoid erratic movements in the market. Polymarket contacted the individual and he stated that his positions were based on personal opinions about the US Presidential election in 2024.
Election winner odds (Source: Polymarket)
Polymarket’s betting odds on the presidential elections began to noticeably shift towards former president Donald Trump in October. The company began investigating after this raised serious questions about market manipulation. The investigation had as one of its main objectives to find potential US users of the platform. This is because the platform was primarily designed for international users.
Tarek Msour, founder of Kalshi’s prediction market, however, claimed that Polymarket odds accurately reflect organic market sentiment. Mansour cited data from Kalshi which showed similar trends, with Trump holding a strong lead over Kamalah Harris.
Polymarket changed its odds after Trump’s support surged in early October. This marked the end of a period in which betting margins were narrow between both candidates. Harris held a good lead in August but the race became tighter as September approached.
Critics of prediction markets claim that these are less reliable than polling, and traders place bets based on speculation without solid evidence. However, supporters say that the platforms serve as an important public service. The prediction market’s monetary incentive is also viewed as a better gauge for election sentiment than conventional polls.
List XLarge
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
-
New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
List
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
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List Small
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
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List Small 2 columns
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
-
-
MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
On October 25th, Binance and…… More
List XSmall
List XXSmall
List XXSmall : Module 01
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-26
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MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
List XXSmall : Module 02
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-26
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MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
-
Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
List XXSmall : Module 03
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-26
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MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
-
Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
-
Aventus Network Confirms Launch of Aventus 2.0, Key to Driving Enterprise Use Cases to Polkadot
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-22
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New Pairs on Binance | Top100Token 2024-10-21
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Howard Winklevoss, Crypto OG founder and Gemini co-founder
List XXSmall : Module 11
List XXSmall : Module 12
List XXSmall : Module 13
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-26
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MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
-
Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
-
Aventus Network Confirms Launch of Aventus 2.0, Key to Driving Enterprise Use Cases to Polkadot
-
New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-22
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New Pairs on Binance | Top100Token 2024-10-21
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Howard Winklevoss, Crypto OG founder and Gemini co-founder
List XXSmall : Module 21
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-26
-
MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
-
Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
-
Aventus Network Confirms Launch of Aventus 2.0, Key to Driving Enterprise Use Cases to Polkadot
-
New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-22
-
New Pairs on Binance | Top100Token 2024-10-21
List XXSmall : Module 31
List XXSmall : Module 32
Text List : Module 01
Text List : Module 02
Text List : Module 03
Text List : Module 11
Module 10 2of3
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
-
New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
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Masonry
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New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-28
Official Mascot of the Holy…… More
-
New Pairs on Binance | Buy/Sell New Crypto’s Listed on 2024-10-27
Billy Frog billyfrog 17min …… More
-
-
MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
On October 25th, Binance and…… More
-
Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
Kendrick predicted in his analysis that Bitcoin would reach $73,000 on Election Day. If Trump won, the price could rise even further. A Harris win could also lead to temporary drops in the BTC Today’s Viral level= LightPink before it stabilizes. Crypto PACs continue to make their wallets and voices heard during the final days of the elections, which has attracted criticism. Polymarket also shifted its betting odds in Trump’s favor, largely due to a whale who took a strong pro-Trump stance.
Bitcoin could reach new highs due to the Trump bump
Geoff Kendrick is an analyst with Standard Chartered Bank. He predicted that Bitcoin could reach $125,000 at the end of this year. This prediction will only become a reality if the Republican Party wins in the US Elections on November 5. Kendrick is particularly optimistic in his outlook for the Republican Party, especially if Donald Trump wins the presidential election.
Kendrick believes that Bitcoin will reach $73,000 on Election Day. This is in line with betting markets’ increasing odds of Trump winning. This is a little below the previous Bitcoin all-time record of $73,800, which was set in March.
Geoff Kendrick’s Bitcoin analysis
Kendrick predicts that if Trump wins a second term the value of Bitcoin will immediately rise by 4% after election results have been announced. Then, an extra 10% will increase within the next few days. Kendrick, on the other hand believes that if Kamala wins, there will be temporary decline in Bitcoin. He still thinks that BTC will reach $75,000 at the end of this year.
Trump is generally seen by the crypto community as being more supportive of the industry than Harris. Her campaign has received support from some well-known people within the crypto community, including Ripple founder Chris Larsen who donated $11 million worth of XRP. Trump’s chances of winning on Ploymarket are currently 63%, and a whale investor has recently bet $20 million on Trump.
Other market analysts and commentators share Kendrick’s optimistic outlook for Bitcoin in the case of a Trump victory. Bitwise’s executive suggested that Bitcoin might reach $92,000. Crypto exchange Deribit predicts that if Trump is elected, the cryptocurrency will reach $80,000 before November’s end. BlackRock CEO Larry Fink, however believes Bitcoin’s upward trend will continue regardless the outcome of the elections.
Crypto PACs slammed for election interference
Summer Lee, Pennsylvania’s Representative Summer Lee has recently criticised crypto-backed Political Action Committees (PACs), for funding ads that were intended to discredit candidates during the primaries of 2024. Rep. Lee, at a virtual event hosted by Public Citizen & Americans for Financial Reform on Oct. 24, criticized the influence of special interest groups such as crypto Super-PACs that targeted legislators seeking reelection.
Rep. Lee claimed that money coming from digital assets is used to intimidate representatives fighting for accountability. She cited examples where crypto-PACs spent more than $3,000,000 to defeat her colleagues Jamaal and Cori Bowman who had lost their primaries in August and June.
Lee believes that this type of behaviour keeps the average person out of politics, while major players dominate. Her comments on the $134,000,000 spent by crypto-interests in an election cycle were also seen as an abuse of the system to hide the real motivations for their involvement in the races.
Lee then pointed out that the Fairshake PAC funded media purchases against Bowman who represents New York’s 16th Congressional District and Bush from Missouri’s 1st Congressional District. Fairshake’s Josh Vlasto referred to her in August as an “anticrypto and Elizabeth Warren-endorsed legislator” after Bush lost. She believes that this is proof of industry intent, which only supports candidates aligned with their interests.
FairshaePAC total contributions in the past 2 years. (Source:FEC )
Lee acknowledges that industry and interest groups have the right to a say in a democracy. However, she believes that these interests should not have an overwhelming influence or dominate any conversation.
Not everyone is concerned about the role of crypto-PACs. Texas Blockchain Council president Lee Bratcher addressed the Permissionless Conference on October 10 and described the PAC activities as a normal part of democratic activity, in which funding is used to secure the time and bandwidth needed for educating elected officials about industry.
Despite the fact that there are just a few weeks left before the US elections, crypto super PACs continue to pour money into either supporting or opposing certain candidates. The early voting has already begun, and many millions of people are likely to vote soon. Control of both the House and Senate are at stake.
Fairshake, along with its affiliate Defend American Jobs, reported that they spent $1.3 Million in five states on Oct. 17 to support various candidates. Fairshake and its affiliate Defend American Jobs spent $1.3 million in five states to back various candidates. Protect Progress, a Fairshake affiliate that also bought media, supported Virginia Representative Suhas subramanyam, and California Representative Rohit Knann.
These crypto-PACs are primarily focused on races for Congress, but their influence extends even to presidential elections. Bitcoin Voter PAC funded recent ads in Texas and Pennsylvania supporting Donald Trump, and Senate candidates.
Polymarket has identified a pro-Trump whale
Polymarket’s representatives identified a whale who was responsible for the $28 million of pro-Trump trades on their platform. The trades, they say, were made by a French national with experience in trading and finance.
A report by The New York Times DealBook revealed that company spokespersons confirmed the trader placed bets using four different accounts: Fredi9999 PrincessCaro and Michie. Investigation found no proof of manipulation, as the trader deliberately spread out his bets to avoid erratic movements in the market. Polymarket contacted the individual and he stated that his positions were based on personal opinions about the US Presidential election in 2024.
Election winner odds (Source: Polymarket)
Polymarket’s betting odds on the presidential elections began to noticeably shift towards former president Donald Trump in October. The company began investigating after this raised serious questions about market manipulation. The investigation had as one of its main objectives to find potential US users of the platform. This is because the platform was primarily designed for international users.
Tarek Msour, founder of Kalshi’s prediction market, however, claimed that Polymarket odds accurately reflect organic market sentiment. Mansour cited data from Kalshi which showed similar trends, with Trump holding a strong lead over Kamalah Harris.
Polymarket changed its odds after Trump’s support surged in early October. This marked the end of a period in which betting margins were narrow between both candidates. Harris held a good lead in August but the race became tighter as September approached.
Critics of prediction markets claim that these are less reliable than polling, and traders place bets based on speculation without solid evidence. However, supporters say that the platforms serve as an important public service. The prediction market’s monetary incentive is also viewed as a better gauge for election sentiment than conventional polls.
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Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
Kendrick predicted in his analysis that Bitcoin would reach $73,000 on Election Day. If Trump won, the price could rise even further. A Harris win could also lead to temporary drops in the BTC Today’s Viral level= LightPink before it stabilizes. Crypto PACs continue to make their wallets and voices heard during the final days of the elections, which has attracted criticism. Polymarket also shifted its betting odds in Trump’s favor, largely due to a whale who took a strong pro-Trump stance.
Bitcoin could reach new highs due to the Trump bump
Geoff Kendrick is an analyst with Standard Chartered Bank. He predicted that Bitcoin could reach $125,000 at the end of this year. This prediction will only become a reality if the Republican Party wins in the US Elections on November 5. Kendrick is particularly optimistic in his outlook for the Republican Party, especially if Donald Trump wins the presidential election.
Kendrick believes that Bitcoin will reach $73,000 on Election Day. This is in line with betting markets’ increasing odds of Trump winning. This is a little below the previous Bitcoin all-time record of $73,800, which was set in March.
Geoff Kendrick’s Bitcoin analysis
Kendrick predicts that if Trump wins a second term the value of Bitcoin will immediately rise by 4% after election results have been announced. Then, an extra 10% will increase within the next few days. Kendrick, on the other hand believes that if Kamala wins, there will be temporary decline in Bitcoin. He still thinks that BTC will reach $75,000 at the end of this year.
Trump is generally seen by the crypto community as being more supportive of the industry than Harris. Her campaign has received support from some well-known people within the crypto community, including Ripple founder Chris Larsen who donated $11 million worth of XRP. Trump’s chances of winning on Ploymarket are currently 63%, and a whale investor has recently bet $20 million on Trump.
Other market analysts and commentators share Kendrick’s optimistic outlook for Bitcoin in the case of a Trump victory. Bitwise’s executive suggested that Bitcoin might reach $92,000. Crypto exchange Deribit predicts that if Trump is elected, the cryptocurrency will reach $80,000 before November’s end. BlackRock CEO Larry Fink, however believes Bitcoin’s upward trend will continue regardless the outcome of the elections.
Crypto PACs slammed for election interference
Summer Lee, Pennsylvania’s Representative Summer Lee has recently criticised crypto-backed Political Action Committees (PACs), for funding ads that were intended to discredit candidates during the primaries of 2024. Rep. Lee, at a virtual event hosted by Public Citizen & Americans for Financial Reform on Oct. 24, criticized the influence of special interest groups such as crypto Super-PACs that targeted legislators seeking reelection.
Rep. Lee claimed that money coming from digital assets is used to intimidate representatives fighting for accountability. She cited examples where crypto-PACs spent more than $3,000,000 to defeat her colleagues Jamaal and Cori Bowman who had lost their primaries in August and June.
Lee believes that this type of behaviour keeps the average person out of politics, while major players dominate. Her comments on the $134,000,000 spent by crypto-interests in an election cycle were also seen as an abuse of the system to hide the real motivations for their involvement in the races.
Lee then pointed out that the Fairshake PAC funded media purchases against Bowman who represents New York’s 16th Congressional District and Bush from Missouri’s 1st Congressional District. Fairshake’s Josh Vlasto referred to her in August as an “anticrypto and Elizabeth Warren-endorsed legislator” after Bush lost. She believes that this is proof of industry intent, which only supports candidates aligned with their interests.
FairshaePAC total contributions in the past 2 years. (Source:FEC )
Lee acknowledges that industry and interest groups have the right to a say in a democracy. However, she believes that these interests should not have an overwhelming influence or dominate any conversation.
Not everyone is concerned about the role of crypto-PACs. Texas Blockchain Council president Lee Bratcher addressed the Permissionless Conference on October 10 and described the PAC activities as a normal part of democratic activity, in which funding is used to secure the time and bandwidth needed for educating elected officials about industry.
Despite the fact that there are just a few weeks left before the US elections, crypto super PACs continue to pour money into either supporting or opposing certain candidates. The early voting has already begun, and many millions of people are likely to vote soon. Control of both the House and Senate are at stake.
Fairshake, along with its affiliate Defend American Jobs, reported that they spent $1.3 Million in five states on Oct. 17 to support various candidates. Fairshake and its affiliate Defend American Jobs spent $1.3 million in five states to back various candidates. Protect Progress, a Fairshake affiliate that also bought media, supported Virginia Representative Suhas subramanyam, and California Representative Rohit Knann.
These crypto-PACs are primarily focused on races for Congress, but their influence extends even to presidential elections. Bitcoin Voter PAC funded recent ads in Texas and Pennsylvania supporting Donald Trump, and Senate candidates.
Polymarket has identified a pro-Trump whale
Polymarket’s representatives identified a whale who was responsible for the $28 million of pro-Trump trades on their platform. The trades, they say, were made by a French national with experience in trading and finance.
A report by The New York Times DealBook revealed that company spokespersons confirmed the trader placed bets using four different accounts: Fredi9999 PrincessCaro and Michie. Investigation found no proof of manipulation, as the trader deliberately spread out his bets to avoid erratic movements in the market. Polymarket contacted the individual and he stated that his positions were based on personal opinions about the US Presidential election in 2024.
Election winner odds (Source: Polymarket)
Polymarket’s betting odds on the presidential elections began to noticeably shift towards former president Donald Trump in October. The company began investigating after this raised serious questions about market manipulation. The investigation had as one of its main objectives to find potential US users of the platform. This is because the platform was primarily designed for international users.
Tarek Msour, founder of Kalshi’s prediction market, however, claimed that Polymarket odds accurately reflect organic market sentiment. Mansour cited data from Kalshi which showed similar trends, with Trump holding a strong lead over Kamalah Harris.
Polymarket changed its odds after Trump’s support surged in early October. This marked the end of a period in which betting margins were narrow between both candidates. Harris held a good lead in August but the race became tighter as September approached.
Critics of prediction markets claim that these are less reliable than polling, and traders place bets based on speculation without solid evidence. However, supporters say that the platforms serve as an important public service. The prediction market’s monetary incentive is also viewed as a better gauge for election sentiment than conventional polls.
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On October 25th, Binance and…… More
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MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800m market cap
On October 25th, Binance and…… More
-
Bitcoin could hit $125,000 in the US by year-end if Republicans win US elections
Kendrick predicted in his analysis that Bitcoin would reach $73,000 on Election Day. If Trump won, the price could rise even further. A Harris win could also lead to temporary drops in the BTC Today’s Viral level= LightPink before it stabilizes. Crypto PACs continue to make their wallets and voices heard during the final days of the elections, which has attracted criticism. Polymarket also shifted its betting odds in Trump’s favor, largely due to a whale who took a strong pro-Trump stance.
Bitcoin could reach new highs due to the Trump bump
Geoff Kendrick is an analyst with Standard Chartered Bank. He predicted that Bitcoin could reach $125,000 at the end of this year. This prediction will only become a reality if the Republican Party wins in the US Elections on November 5. Kendrick is particularly optimistic in his outlook for the Republican Party, especially if Donald Trump wins the presidential election.
Kendrick believes that Bitcoin will reach $73,000 on Election Day. This is in line with betting markets’ increasing odds of Trump winning. This is a little below the previous Bitcoin all-time record of $73,800, which was set in March.
Geoff Kendrick’s Bitcoin analysis
Kendrick predicts that if Trump wins a second term the value of Bitcoin will immediately rise by 4% after election results have been announced. Then, an extra 10% will increase within the next few days. Kendrick, on the other hand believes that if Kamala wins, there will be temporary decline in Bitcoin. He still thinks that BTC will reach $75,000 at the end of this year.
Trump is generally seen by the crypto community as being more supportive of the industry than Harris. Her campaign has received support from some well-known people within the crypto community, including Ripple founder Chris Larsen who donated $11 million worth of XRP. Trump’s chances of winning on Ploymarket are currently 63%, and a whale investor has recently bet $20 million on Trump.
Other market analysts and commentators share Kendrick’s optimistic outlook for Bitcoin in the case of a Trump victory. Bitwise’s executive suggested that Bitcoin might reach $92,000. Crypto exchange Deribit predicts that if Trump is elected, the cryptocurrency will reach $80,000 before November’s end. BlackRock CEO Larry Fink, however believes Bitcoin’s upward trend will continue regardless the outcome of the elections.
Crypto PACs slammed for election interference
Summer Lee, Pennsylvania’s Representative Summer Lee has recently criticised crypto-backed Political Action Committees (PACs), for funding ads that were intended to discredit candidates during the primaries of 2024. Rep. Lee, at a virtual event hosted by Public Citizen & Americans for Financial Reform on Oct. 24, criticized the influence of special interest groups such as crypto Super-PACs that targeted legislators seeking reelection.
Rep. Lee claimed that money coming from digital assets is used to intimidate representatives fighting for accountability. She cited examples where crypto-PACs spent more than $3,000,000 to defeat her colleagues Jamaal and Cori Bowman who had lost their primaries in August and June.
Lee believes that this type of behaviour keeps the average person out of politics, while major players dominate. Her comments on the $134,000,000 spent by crypto-interests in an election cycle were also seen as an abuse of the system to hide the real motivations for their involvement in the races.
Lee then pointed out that the Fairshake PAC funded media purchases against Bowman who represents New York’s 16th Congressional District and Bush from Missouri’s 1st Congressional District. Fairshake’s Josh Vlasto referred to her in August as an “anticrypto and Elizabeth Warren-endorsed legislator” after Bush lost. She believes that this is proof of industry intent, which only supports candidates aligned with their interests.
FairshaePAC total contributions in the past 2 years. (Source:FEC )
Lee acknowledges that industry and interest groups have the right to a say in a democracy. However, she believes that these interests should not have an overwhelming influence or dominate any conversation.
Not everyone is concerned about the role of crypto-PACs. Texas Blockchain Council president Lee Bratcher addressed the Permissionless Conference on October 10 and described the PAC activities as a normal part of democratic activity, in which funding is used to secure the time and bandwidth needed for educating elected officials about industry.
Despite the fact that there are just a few weeks left before the US elections, crypto super PACs continue to pour money into either supporting or opposing certain candidates. The early voting has already begun, and many millions of people are likely to vote soon. Control of both the House and Senate are at stake.
Fairshake, along with its affiliate Defend American Jobs, reported that they spent $1.3 Million in five states on Oct. 17 to support various candidates. Fairshake and its affiliate Defend American Jobs spent $1.3 million in five states to back various candidates. Protect Progress, a Fairshake affiliate that also bought media, supported Virginia Representative Suhas subramanyam, and California Representative Rohit Knann.
These crypto-PACs are primarily focused on races for Congress, but their influence extends even to presidential elections. Bitcoin Voter PAC funded recent ads in Texas and Pennsylvania supporting Donald Trump, and Senate candidates.
Polymarket has identified a pro-Trump whale
Polymarket’s representatives identified a whale who was responsible for the $28 million of pro-Trump trades on their platform. The trades, they say, were made by a French national with experience in trading and finance.
A report by The New York Times DealBook revealed that company spokespersons confirmed the trader placed bets using four different accounts: Fredi9999 PrincessCaro and Michie. Investigation found no proof of manipulation, as the trader deliberately spread out his bets to avoid erratic movements in the market. Polymarket contacted the individual and he stated that his positions were based on personal opinions about the US Presidential election in 2024.
Election winner odds (Source: Polymarket)
Polymarket’s betting odds on the presidential elections began to noticeably shift towards former president Donald Trump in October. The company began investigating after this raised serious questions about market manipulation. The investigation had as one of its main objectives to find potential US users of the platform. This is because the platform was primarily designed for international users.
Tarek Msour, founder of Kalshi’s prediction market, however, claimed that Polymarket odds accurately reflect organic market sentiment. Mansour cited data from Kalshi which showed similar trends, with Trump holding a strong lead over Kamalah Harris.
Polymarket changed its odds after Trump’s support surged in early October. This marked the end of a period in which betting margins were narrow between both candidates. Harris held a good lead in August but the race became tighter as September approached.
Critics of prediction markets claim that these are less reliable than polling, and traders place bets based on speculation without solid evidence. However, supporters say that the platforms serve as an important public service. The prediction market’s monetary incentive is also viewed as a better gauge for election sentiment than conventional polls.
-
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