Participants increased their wagers on the outcome of the US presidential election in June, driving the monthly trading volume of the decentralized predictions platform Polymarket above $100 million. Individual “Yes” or “No” bets across 17 prediction markets total $203.3 million in “Presidential Election Winner 2024” currently. There has been a
Cryptocurrency policy and its regulation are one of the most spirited topics in the U.S. presidential campaigns, leading to critical debates and varied reactions within the crypto community. This has intensified since the presidential election campaign began in late May, which drew attention from those who tend to support and
Jesse Powell, Kraken’s co-founder and chairman, recently made headlines for a large personal contribution he made to the 2024 presidential campaign of former president Donald Trump. A major player in the cryptocurrency industry, Powell has donated $1 million to Trump’s campaign, mostly in Ethereum (ETH). In a recent social media
Despite a slight recovery in Bitcoin’s market price, it struggles to surpass the $62,000 mark, hovering at $61,510 after a 1.02% increase in the past 24 hours. This recovery may be short-lived amidst the 90-minute US presidential debate. Current President Joe Biden and Donald Trump clashed on economic, taxation, and
The founders of the crypto exchange Gemini, have contributed 30.94 BTC worth $2 million to Presidential candidate Donald Trump’s campaign. Winklevoss twins —Tyler and Cameron — are optimistic about Trump’s pro-crypto stance putting “an end to the Biden Administration’s war on crypto.” In his X post, Tyler Winklevoss criticized President
A speculated report was out last day by Pirate Wires on their X post that former U.S. President Donald Trump has launched his cryptocurrency, DJT. It has sent that token value high while other meme coins have dived down. The post on X, “per conversations,” Trump was launching an “official
The crypto market has endorsed the new meme coin, DJT, in the name of former U.S. President Donald Trump. The token on the Solana blockchain has skyrocketed in value amid rumors that it might be Trump’s official token. However, there has been no official announcement from Trump. If the rumor
Donald Trump, a presidential candidate who has been vocal about his support for Bitcoin, has dubbed himself the “Crypto President” in an effort to solidify his relationship with the rapidly expanding cryptocurrency ecosystem. At a fundraiser in San Francisco on Thursday, the 45th president of the US, Donald Trump, was
The crypto market has witnessed the bull run of some of the meme coin in a while, and a crypto trader known by the Ethereum address “whalefud.eth” has converted a $16.4K investment into $3.07M in 11 days, dragging the recent hype around Trump-themed meme coins and the $MAGA token. This
