Tag: Politics

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Mastering the Trump Trade: Success Story of a Crypto Hedge Fund

Former President Donald Trump's landslide victory in the 2024 U.S. presidential election came as no surprise to Quinn Thompson, the founder of the crypto hedge fund Lekker Capital. Thompson had been vocal about his...
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Trading Strategies: Polymarket Trader Loses Millions on Tyson, Profits on Trump

This week in prediction markets, a Polymarket trader named "zxgngl" experienced both highs and lows. Initially, he pocketed $11.4 million by correctly betting on Donald Trump winning the presidency, but later lost $3.4 million...
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Capitalizing on U.S. Election Frenzy: Memecoin Creators Launch Thousands of New Tokens

The U.S. election has brought attention to bitcoin and the Polymarket betting platform, but it has also sparked a frenzy in the memecoin market. In the last 24 hours, thousands of election-themed tokens have...
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Poland Presidential Candidate Proposes Bitcoin as National Strategic Reserve

Poland’s libertarian presidential candidate, Sławomir Mentzen, has proposed the creation of a Strategic Bitcoin Reserve if he is elected in May 2025. His vision includes turning Poland into a crypto-friendly hub with supportive regulations,...
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Brian Armstrong endorses Hester Peirce for SEC Chair: A Boost for Crypto Regulatory Clarity

Coinbase CEO Brian Armstrong recently expressed his strong support for the appointment of Hester Peirce as the new Securities and Exchange Commissioner (SEC) during President Donald Trump's second term. Armstrong praised Peirce's intelligence, fairness,...
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Cryptocurrency Market Update: Dogecoin Surges 10%, Bitcoin ETFs See $541M Outflow Pre-U.S. Elections

Dogecoin (DOGE) saw a significant increase in its value recently, rising by over 10% in the past 24 hours. This surge is largely attributed to the support from Elon Musk, who has been promoting...
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Forecast: Crypto Market Cap to Reach $10T by 2026 with Trump Administration – Standard...

A Republican sweep in the upcoming election could have a significant impact on the crypto market, potentially leading to a total market cap of $10 trillion by the end of 2026. This projection comes...
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Polymarket CEO Alleges Politically Motivated FBI Raid

Polymarket CEO Shayne Coplan believes that the recent FBI raid on his devices may have been politically motivated. He expressed his disappointment and suggested that the current administration is targeting companies associated with political...
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Trump Inauguration Fails to Boost Bitcoin: TRUMP, MELANIA Tokens Plunge 50%

TRUMP, MELANIA Tokens Plunge 50% After Inauguration Fails to Boost BitcoinIn a surprising turn of events, the official memecoins of U.S. President Donald Trump and First Lady Melania have taken a nosedive, plummeting by...
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Republican State AGs and DeFi Lobby Challenge SEC’s Crypto Enforcement – Lawsuit Analysis

A group of state attorneys general and the DeFi Education Fund have filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its five commissioners. They claim that the SEC is overstepping...