After weeks of anticipation, President Joe Biden has announced his decision to withdraw from the re-election race against Donald Trump, endorsing Vice-President Kamala Harris to take his place.
Biden's withdrawal raises questions about the Democratic Party's strategy. While Harris has been endorsed by key figures like Hillary Clinton, the party may consider other candidates, such as California Governor Gavin Newsom.
Arthur Hayes, BitMEX founder, suggests that if Democrats choose someone other than Harris, Trump's chances might diminish, impacting the crypto industry's support for Trump. The industry's lobbying efforts could be wasted if Trump loses.
Harris has not publicly commented on cryptocurrency, despite her tech industry ties and employing Ryan Montoya, involved in Bitcoin adoption by the Sacramento Kings. Her stance on crypto remains unknown, while the Biden administration has been critical of the industry.
Harris and her husband have no cryptocurrency investments, favouring traditional assets like Treasury bonds.
On Polymarkets, Harris's chances against Trump are higher than Biden's, causing a drop in Trump's odds from 70% to 64%.
Harris's standing in Presidential Election Popular Vote Winner bets also surpasses Trump's by 1%.
Following Biden's announcement, Bitcoin's value increased from under $67,000 to over $68,000.
Stephen Mollah recently claimed to be Satoshi Nakamoto at a press conference in London but failed to provide any credible evidence to support his assertion. The event, which was marred by technical issues and confusion, left attendees frustrated and questioning the validity of Mollah’s claims, which echo similar unproven assertions made by others in the past.
AnaisBitcoin was close to $73,000 on Wednesday, almost breaking its all time high just a week before the U.S. elections.
XingChiIndia has recently announced that the country is considering banning cryptocurrencies like Bitcoin and Ether in favor of its Central Bank Digital Currency (CBDC).
XingChiTether is biting back on The Wall Street Journal for speculating that the company is under investigation by the U.S federal government.
XingChiMicrosoft has made a firm stance to say NO to Bitcoin, stating that this aligns better with the company's long term interest.
XingChiU.S. spot Bitcoin ETFs are nearing a milestone of one million BTC in holdings, driven by strong inflows and growing institutional demand. As Bitcoin's price rises, analysts warn that supply constraints could push prices even higher.
WeatherlyIn December, Microsoft shareholders will vote on investing in Bitcoin. Despite growing interest, the board advises against it, pointing to their current strategy of evaluating diverse investments, including Bitcoin. Will shareholders heed the board’s caution or opt for crypto?
KikyoEl Salvador's President Nayib Bukele donated two Bitcoins, worth about $134,000, to help build 1,000 schools in Honduras, a country facing poverty and educational challenges. The donation was received by philanthropist Shin Fujiyama, who co-founded Students Helping Honduras and is currently running a charity run in El Salvador to raise funds for the initiative.
WeatherlyTesla recently transferred its entire Bitcoin stash of 11,509 BTC to new wallets, sparking speculation about a possible sell-off. However, blockchain analysts believe these movements are just wallet rotations, indicating that Tesla still owns the Bitcoin and may be preparing for future strategic moves.
AnaisSince taking office as the Minneapolis Fed President in 2016, Kashkari has been openly critical of cryptocurrencies.
XingChiGolden Finance launched the 2398th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceKamala Harris's refusal to attend the Bitcoin 2024 Conference has led to criticism from the crypto community, reflecting concerns over her potential stance on cryptocurrency regulation.
ZeZhengAllegations of Kamala Harris calling Bitcoin "criminals' money" have sparked debate, though evidence is lacking. Meanwhile, the unofficial KAMA meme coin has seen a dramatic rise in value.
ZeZhengKamala Harris leads in most national polls but lags behind Donald Trump in the crypto community. Trump's strong crypto support contrasts with Harris' cautious approach, highlighting differing strategies as the 2024 election approaches.
WenJunKamala Harris is considering attending the Bitcoin 2024 Conference, where Donald Trump will also appear. This move could realign the Democratic Party's position on cryptocurrency, targeting a growing voter base. Harris's campaign advisors are still deciding on her participation.
EdmundGolden Finance launched the 2394th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceVice President Kamala Harris appeared to be the strongest Democratic opponent to Donald Trump. In breaking news, President Joe Biden has announced that he is stepping down from the presidential race and endorsing Vice President Kamala Harris to run in his stead.
WilfredBiden administration, US President, Biden withdraws from the election What is Harris and other potential Democratic presidential candidates' stance on cryptocurrencies Golden Finance, What are the most likely Democratic presidential candidates' views on cryptocurrencies
JinseFinanceGolden Finance launches the 2393rd issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceJoe Biden has withdrawn from his presidential re-election race and endorsed Vice-President Kamala Harris to take his place at the top of their party’s ticket.
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