politics | ForkLog

ForkLog 18 01.08.2024

Bitwise CIO: Political Stance on Cryptocurrency Is Irrelevant

Upon returning from the Bitcoin 2024 conference, Bitwise’s Chief Investment Officer Matt Hougan concluded that the crypto industry is “not optimistic enough.” Several recent promises made by American politicians at the event prompted him to “rethink the possibilities” of Bitcoin. Hougan highlighted several key points from the conference: Presidential candidate Donald Trump announced plans to […]

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ForkLog 54 28.07.2024

Bitcoin Dips to $67,000 Amid Trump’s Bitcoin 2024 Speech

US presidential candidate Donald Trump, during his speech at the annual Bitcoin 2024 conference, pledged to dismiss SEC Chairman Gary Gensler if elected and to establish a strategic bitcoin reserve. The politician also stated that he would not allow the sale of any of the 213,239 BTC worth $14.8 billion, seized by authorities and held […]

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ForkLog 8 25.07.2024

US Senator Proposes Bill to Include Bitcoin in National Reserves

US Senator Cynthia Lummis plans to introduce a bill mandating the Federal Reserve to incorporate Bitcoin into its foreign exchange reserves, according to sources cited by FOX Business. The Wyoming representative is expected to unveil her initiative at the upcoming Bitcoin Conference before a speech by presidential candidate Donald Trump. Lummis’s team anticipates his support. […]

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ForkLog 42 23.07.2024

Kamala Harris Meme Coin Reaches New Heights

On July 23, the meme token Kamala Horris (KAMA), dedicated to the Democratic Party’s presidential candidate Kamala Harris, surged by 62%, reaching a new price record of $0.02821. According to CoinGecko, the coin’s market capitalization is approximately $27 million. Since its low on June 18, KAMA has risen nearly 4000%, following the withdrawal of current […]

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ForkLog 25 23.07.2024

Polymarket Transactions Surge to Record $228 Million

Since the beginning of July, transactions on Polymarket have surged to $228 million, surpassing any other month in the history of the prediction platform. This data is provided by Dune Analytics. For comparison, the figure for June was $111.6 million. Data: Dune Analytics. The platform registered a record 41,348 users over the month. Data: Dune […]

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ForkLog 17 23.07.2024

Crypto Firms Pin Hopes on a Second Trump Presidency

Bitcoin miners and cryptocurrency companies, previously hindered from going public in the US, stand to benefit from a second term of Donald Trump. This is according to Bloomberg. “Almost everyone in America will benefit if they choose to operate under new rules after their implementation,” says Christian Catalini, founder of the MIT Cryptoeconomics Lab. In […]

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ForkLog 11 22.07.2024

Bernstein Highlights Bitcoin’s Undervaluation Amid Potential Trump Victory

Bitcoin has yet to fully appreciate the potential positive shift in the regulatory landscape should Republican candidate Donald Trump win the U.S. presidential election, according to Bernstein, as reported by The Block. “We see significant growth potential for digital assets through institutional investments,” the experts wrote. Analysts noted the “return of BTC-ETF momentum”—inflows into products […]

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ForkLog 9 22.07.2024

Meme Coins React to Shifts in US Presidential Race

The meme token Kamala Horris (KAMA) surged to an all-time high following US President Joe Biden’s announcement to end his re-election campaign. Vice President Kamala Harris emerged as the main candidate for the Democratic Party. Coins dedicated to her saw a sharp increase in value: KAMA’s price tripled to approximately $0.03. At the time of […]

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ForkLog 57 19.07.2024

Winklevoss Twins Donate $1 Million in Bitcoin to Elizabeth Warren’s Rival

Tyler and Cameron Winklevoss have each donated 8 BTC (~$500,000) to the campaign of John Deaton, who is running for the Senate seat in Massachusetts. I just donated $500k in bitcoin (8 BTC) to @DeatonforSenate to help him unseat @SenWarren as a U.S. Senator. Here’s why: Elizabeth Warren is one of the single greatest threats […]

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ForkLog 19 17.07.2024

Donald Trump Hints at Launching Fourth NFT Collection

US presidential candidate Donald Trump has suggested the release of a fourth NFT collection due to “community demand.” He made this statement in an interview with Bloomberg. “I’m going to launch another [collection] because that’s what the people want,” he stated. Trump cited the successful experience of the MugShot series, which was dedicated to the […]

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ForkLog 20 16.07.2024

Trump Selects Pro-Crypto JD Vance as Vice Presidential Candidate

Donald Trump has announced his selection of Ohio Senator JD Vance as his vice-presidential candidate. Vance is known for his support of cryptocurrencies, reports CoinDesk. According to Politico, the senator has drafted legislation to alter the regulation of digital assets in the United States. Sources indicate that this proposal will be even more crypto-friendly than […]

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ForkLog 10 11.07.2024

Bitwise CIO Predicts Bitcoin Surge to $100,000 by Year-End

The distribution of Mt.Gox assets, sales by German authorities, and the potential sale of coins seized from Silk Road will not hinder Bitcoin’s rise to $100,000 by the end of the year, according to Bitwise CIO Matt Hougan, as reported by The Block. The expert believes these factors will have only a short-term impact, exacerbated […]

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