politics | ForkLog

ForkLog 8 28.10.2024

Experts Debate the Impact of US Elections on Meme Coins

Most forecasts agree that a Donald Trump victory in the US presidential elections would positively affect the cryptocurrency market, yet its impact on the meme coin sector remains contentious. Omid Malekan, a professor at Columbia Business School, linked interest in these coins to disillusionment with the unfair and “grifty” tokenomics of projects favouring venture funds […]

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ForkLog 11 22.10.2024

Bitcoin Options Traders Bet on Post-Election Surge to $80,000

Bitcoin options market participants have positioned for a bullish scenario following the U.S. presidential election and the Federal Reserve’s FOMC meeting, increasing OI in November calls with strike prices above $80,000, according to The Block. The first event is scheduled for November 5, followed by the second three days later. The probability of the Federal […]

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ForkLog 114 18.10.2024

Max Keiser Predicts Imminent Bitcoin Surge to $220,000

Bitcoin will “soon” rise to $220,000, according to a forecast by television host and Heisenberg Capital founder Max Keiser. The new ATH Gold price is predicting Bitcoin will trade over $220,000 very soon. — Max Keiser (@maxkeiser) October 18, 2024 The expert referred to gold prices reaching a new all-time high above $2700. The previous […]

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ForkLog 15 18.10.2024

Arthur Hayes Predicts Bitcoin Surge Amid Iran-Israel Tensions

Should tensions between Iran and Israel escalate, a rise in Bitcoin is expected to follow a spike in oil prices. This forecast was presented by former BitMEX CEO Arthur Hayes in a new essay. This scenario could unfold if there is an attack on major hydrocarbon deposits in the Islamic country. “What will happen to […]

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ForkLog 7 16.10.2024

JPMorgan Identifies Cryptocurrency Growth Drivers for Year-End

The potential return of Donald Trump to the U.S. presidency and the need for a hedge against economic instability create favorable prospects for Bitcoin in 2025, according to JPMorgan, as reported by The Block. Analysts suggest that amid rising geopolitical tensions and the upcoming U.S. elections, speculative institutional investors may consider gold and the leading […]

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ForkLog 8 15.10.2024

Bernstein Links Bitcoin Rally to Trump’s Rising Election Odds

Bernstein attributes the bullish sentiment to Donald Trump’s lead over Kamala Harris in the presidential race. Standard Chartered highlights the potential for Bitcoin to return to its ATH before the US elections. The surge in Bitcoin’s price is linked to the increasing chances of Republican candidate Donald Trump securing the presidency, according to Bernstein, as […]

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ForkLog 7 14.10.2024

Trump’s Rising Election Prospects Revitalize Crypto Fund Inflows

Inflows into cryptocurrency investment funds from October 6 to 12 amounted to $407 million, contrasting with an outflow of $147 million the previous week, according to data from CoinShares. Data: CoinShares. Experts suggest that the shift in the U.S. presidential race dynamics influenced investor decisions, rather than macroeconomic data releases or changes in the outlook […]

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ForkLog 124 12.10.2024

Ripple Co-Founder Donates $1 Million to Kamala Harris’s Presidential Campaign

Ripple co-founder Chris Larsen contributed $1 million in XRP to a political action committee (PAC) supporting Democratic presidential candidate Kamala Harris. According to data from the U.S. Federal Election Commission, 1,754,815 XRP were transferred to the PAC Future Forward on August 14. In September, Harris began accepting digital asset donations for her presidential campaign through […]

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ForkLog 136 10.10.2024

On-Chain Analysis Reveals Profitability of Polymarket Wallets

Only 13.6% of users on the prediction platform Polymarket have turned a profit, with most earning less than $100, according to data from Layerhub. In absolute terms, this equates to 24,565 wallets. Conversely, the betting activities of 156,010 clients, or 86.4% of the total audience, resulted in losses. Data: Layerhub. Among the addresses reporting profits, […]

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ForkLog 9 09.10.2024

Bitwise Outlines Conditions for Bitcoin to Surpass $80,000 by Year-End

A Trump victory in the U.S. elections, a 50 basis point rate cut by the Fed with new stimuli from China, and a lack of major surprises in the industry are the conditions for bitcoin to rise above $80,000 by the end of the year, according to Bitwise, reports The Block. Matt Hougan, the company’s […]

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ForkLog 7 03.10.2024

Standard Chartered Highlights Bitcoin’s Potential Dip Below $60,000 Amid Geopolitical Tensions

On October 3-4, Bitcoin may fall below the $60,000 level due to escalating geopolitical tensions, creating an opportunity for accumulation. This was stated by Standard Chartered, according to The Block. Experts emphasized that the leading cryptocurrency does not serve as a haven from geopolitical stress. “Gold provides such a hedge. Bitcoin acts as insurance against […]

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ForkLog 6 03.10.2024

QCP Capital Predicts Bitcoin May Drop to $55,000 Amid Geopolitical Tensions

Despite escalating geopolitical tensions in the Middle East, investor sentiment remains positive, according to QCP Capital. “Geopolitics […] may capture attention, but the shallow sell-off following the conflict’s escalation suggests the market still favours risk assets. This minor setback should not distract from the bigger picture,” the experts noted. Analysts warned that further deterioration in […]

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