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CATEGORY: election 2024


Sep 06, 2024 01:10

US crypto firms ramp up lobbying efforts, expenditures up 1386% over 7 years

A recent study has revealed that US crypto companies have significantly increased their lobbying efforts, with expenditures rising by 1386% from 2017 to 2023. According to data compiled by Social Capital Markets, crypto firms spent $40.42 million lobbying for regulatory changes during 2023 alone, signaling the growing importance of government relations in the industry. The […]

The post US crypto firms ramp up lobbying efforts, expenditures up 1386% over 7 years appeared first on CryptoSlate.

Sep 06, 2024 01:10

Trump reiterates support for Bitcoin, picks Musk to lead government overhaul

Former President Donald Trump reiterated his support for Bitcoin and the wider crypto industry during a speech at the Economic Club of New York on Sept. 5 During his speech, Trump outlined a broader vision for a “national economic renaissance” and said his economic policies would foster emerging technologies and industries via clear regulations rather […]

The post Trump reiterates support for Bitcoin, picks Musk to lead government overhaul appeared first on CryptoSlate.

Sep 05, 2024 01:10

Kamala Harris turns to Coinbase for crypto campaign donations, CFO reveals

Coinbase CFO Alesia Haas revealed that Vice President Kamala Harris‘s campaign is using Coinbase Commerce to accept crypto donations, Fortune reported Sept. 4. Haas made the revelation during a conversation with Citigroup‘s director of payments, Peter Christiansen, at the lender’s 2024 Global TMT Conference in New York. According to Haas: “[Kamala] is accepting crypto donations. She’s […]

The post Kamala Harris turns to Coinbase for crypto campaign donations, CFO reveals appeared first on CryptoSlate.

Sep 05, 2024 01:10

Trump familys upcoming DeFi project aims to cement US dollar dominance via stablecoin revolution

World Liberty Financial (WLFI) a DeFi project tied to members of former President Donald Trump’s family responded to a wave of speculation on Sept. 4 with a series of tweets clarifying its DeFi strategy and confirming its collaboration with Aave. In the posts, WLFI announced the partnership aims to develop a platform that will […]

The post Trump family’s upcoming DeFi project aims to cement US dollar dominance via stablecoin revolution appeared first on CryptoSlate.

Sep 28, 2024 01:10

Senator Lummis predicts SEC Chair Gensler will step down next year if Trump is elected

Wyoming Senator Cynthia Lummis believes that SEC Chair Gary Gensler is likely to step down from his role as the regulator’s head next year. She made the statement during CNBC’s Squawk Box on Sept. 27 in response to the hosts saying that he loves the job” and does not want to leave it. She added: […]

The post Senator Lummis predicts SEC Chair Gensler will step down next year if Trump is elected appeared first on CryptoSlate.

Stand with Crypto PAC endorses Warren rival John Deaton amid bipartisan support

Author: Liam 'Akiba' Wright
United States
Sep 28, 2024 01:10

Stand with Crypto PAC endorses Warren rival John Deaton amid bipartisan support

John Deaton has received an official endorsement from the Stand with Crypto PAC in his bid to challenge Senator Elizabeth Warren for her US Senate seat, amid a wave of broader endorsements. In total, Stand with Crypto has endorsed 20 Republicans and 19 Democrats, highlighting the bipartisan support for Bitcoin and crypto among mostly younger […]

The post Stand with Crypto PAC endorses Warren rival John Deaton amid bipartisan support appeared first on CryptoSlate.

Sep 03, 2024 01:10

Ethics experts raise conflict of interest concerns over Trump family crypto project

Ethics watchdogs have raised concerns over former President Donald Trump’s promotion of his sons’ upcoming crypto project, warning that it could pose a significant conflict of interest if he returns to the White House in 2024. The venture, reportedly named World Liberty Financial, was recently promoted by Trump on social media and comes amid his […]

The post Ethics experts raise conflict of interest concerns over Trump family crypto project appeared first on CryptoSlate.

Sep 18, 2024 01:10

Wintermute to launch multi-chain prediction market amid election betting craze

Wintermute announced the creation of a smart contract for a new US presidential election prediction market called OutcomeMarket on Sept. 17. The market, set to launch next week, will operate on several chains, including Ethereum (ETH), Base, and Arbitrum (ARB). Additionally, it will debut two new tokens called TRUMP and HARRIS. OutcomeMarket aims to increase […]

The post Wintermute to launch multi-chain prediction market amid election betting craze appeared first on CryptoSlate.

Sep 17, 2024 01:10

Lawmaker calls on CFTC to regulate election markets as Polymarket activity falters amid uncertainty

Congressman Ritchie Torres has called on the Commodity Futures Trading Commission (CFTC) to regulate election-related prediction markets rather than blocking them. In a letter addressed to CFTC Chair Rostin Behnam, Torres urged the regulator to focus on promoting responsible innovation and working with platforms like Kalshi and Polymarket to ensure such markets are regulated rather […]

The post Lawmaker calls on CFTC to regulate election markets as Polymarket activity falters amid uncertainty appeared first on CryptoSlate.

Sep 14, 2024 01:10

Polymarket fuels crypto industrys $1.2 billion election involvement, political donations up over 10x

The crypto industry’s monetary involvement in the 2024 US presidential election has exceeded $1.2 billion, with Polymarket accounting for a vast majority of the amount, according to a recent report by Breadcrumbs. The report outlined how political donations, decentralized betting, politifi tokens, and NFT sales have connected crypto with the election in unprecedented ways, marking […]

The post Polymarket fuels crypto industry’s $1.2 billion election involvement, political donations up over 10x appeared first on CryptoSlate.

Sep 13, 2024 01:10

Trump says he is embracing crypto in launch teaser for World Liberty Financial

Former President Donald Trump announced that World Liberty Financial (WLFI) will officially launch next week on Sept. 16 during a live stream on X (formerly Twitter). Trump shared the news on Sept. 12 via a teaser video on social media, where he stated: “We are embracing the future with crypto and leaving the slow and […]

The post Trump says he is embracing crypto in launch teaser for World Liberty Financial appeared first on CryptoSlate.

Aug 10, 2024 01:10

Winklevoss slams Harris for not showing up to virtual roundtable

Tyler Winklevoss, co-founder of the Gemini crypto exchange, expressed bewilderment over US Vice President Kamala Harris’ absence from a crucial crypto roundtable meeting held on Aug. 8. The virtual meeting, attended by high-ranking government officials and industry leaders, was seen as pivotal for shaping the future of crypto regulation in the US. Winklevoss questioned Harris’ […]

The post Winklevoss slams Harris for not showing up to virtual roundtable appeared first on CryptoSlate.

Aug 09, 2024 01:10

Deputy Treasury Secretary, former Harris chief of staff among attendees at Democrats virtual crypto summit

Top government officials, including Deputy Treasury Secretary Wally Adeyemo and Kamala Harris’ former chief of staff Kristine Lucius, attended the virtual crypto meeting hosted by Congressman Ro Khanna on Aug. 8, Fox News’ Eleanor Terret reported. White House advisor Anita Dunn, National Economic Adviser Lael Brainard, and Deputy Chief of Staff Bruce Reed were expected to […]

The post Deputy Treasury Secretary, former Harris chief of staff among attendees at Democrats’ virtual crypto summit appeared first on CryptoSlate.

Aug 08, 2024 01:10

Trump election odds fall to 51% on Polymarket after Harris reveals running mate

Republican presidential candidate Donald Trump’s chances of winning the 2024 US Presidential Election have declined on Polymarket, marking their lowest level since May. The former President’s probability of winning now stands at 51%, down from earlier levels. In contrast, Vice President Kamala Harris’ odds have continued rising in the last two weeks and now stand […]

The post Trump election odds fall to 51% on Polymarket after Harris reveals running mate appeared first on CryptoSlate.

Aug 06, 2024 01:10

US legislators call for CFTC crackdown on election gambling as Polymarket betting hits ATHs

A coalition of US lawmakers has called on the Commodity Futures Trading Commission (CFTC) to prohibit gambling on American elections. Several legislators endorsed the letter, including Senators Elizabeth Warren (D-MA), Richard Blumenthal (D-CT), Chris Van Hollen (D-MD), and Sheldon Whitehouse (D-RI), along with Representatives Eleanor Holmes Norton (D-DC), Jamie Raskin (D-MD), and John Sarbanes (D-MD). […]

The post US legislators call for CFTC crackdown on election gambling as Polymarket betting hits ATHs appeared first on CryptoSlate.

Trumps pro-Bitcoin stance helps secure 12-point lead over Harris, FDU poll finds

Author: Oluwapelumi Adejumo
United States
Aug 31, 2024 01:10

Trumps pro-Bitcoin stance helps secure 12-point lead over Harris, FDU poll finds

Former President Donald Trump’s engagement with the crypto community is significantly bolstering his chances to win the 2024 presidential race, according to a Fairleigh Dickinson University (FDU) poll released on Aug. 30. The FDU poll indicated that Trump holds a notable lead among voters who own crypto or related assets, outpacing Vice President Kamala Harris […]

The post Trumps pro-Bitcoin stance helps secure 12-point lead over Harris, FDU poll finds appeared first on CryptoSlate.

Aug 04, 2024 01:10

Polymarket traffic surpasses DeFi giants amid Trump-Harris election betting craze

Polymarket, a leading prediction market platform, has seen a significant spike in website traffic, outpacing prominent DeFi platforms like Uniswap, dYdX, Compound, and GMX. The surge is primarily driven by intense interest in betting on the US presidential election, particularly on the potential face-off between former President Donald Trump and Vice President Kamala Harris. Polymarket […]

The post Polymarket traffic surpasses DeFi giants amid Trump-Harris election betting craze appeared first on CryptoSlate.

Aug 27, 2024 01:10

Vitalik Buterin praises Polymarket as platform smashes growth records

Web3 prediction platform Polymarket is experiencing unprecedented growth, fueled largely by the upcoming 2024 US presidential election. The platform has already achieved its highest trading volumes and user participation to date this month, solidifying its status as a significant player in the prediction market space. Consecutive record growth Polymarket’s trading volume hit $390.6 million in […]

The post Vitalik Buterin praises Polymarket as platform smashes growth records appeared first on CryptoSlate.

Aug 24, 2024 01:10

Bitcoin surges past $63k as Robert F. Kennedy Jr. withdraws and endorses Trump

US presidential candidate Robert F. Kennedy Jr. announced his decision to withdraw from the 2024 presidential race and endorse former President Donald Trump during a press conference in Arizona on Aug. 23. The announcement, combined with Fed chair Jerome Powell’s bullish speech earlier in the day, caused Bitcoin (BTC) to surge 2.5% in the past […]

The post Bitcoin surges past $63k as Robert F. Kennedy Jr. withdraws and endorses Trump appeared first on CryptoSlate.

Aug 23, 2024 01:10

Trump family unveils new DeFi platform that aims to disrupt big banks

Former President Donald Trump announced the upcoming launch of the Trump Organization’s new crypto platform dubbed “The DeFiant Ones” on Aug. 22. Trump made the announcement via a post on Truth Social and hinted that the DeFi platform aims to provide Americans with an alternative to the traditional financial system. He stated: “For […]

The post Trump family unveils new DeFi platform that aims to disrupt ‘big banks’ appeared first on CryptoSlate.

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