Tag: Politics

news-08112024-093312

Federal Reserve Cuts Rates, Bitcoin Price Hits Record High Amid Powell’s Assurance on Policy

The U.S. Federal Reserve recently made a decision to reduce its benchmark fed funds rate by 25 basis points to 4.5%-4.75%, in line with expectations from the market. This move follows similar actions taken...
news-08112024-093201

Trump Administration Eyes Robinhood Legal Chief for SEC Chair

The Trump administration is considering appointing Dan Gallagher, Robinhood's chief legal officer and former SEC commissioner, as the chair of the Securities and Exchange Commission (SEC). Gallagher is viewed favorably by crypto executives who...
news-07112024-152728

Snap Election Called by German Chancellor Scholz after Coalition Government Collapse

German Chancellor Olaf Scholz has announced a snap election after his three-party coalition government collapsed. Scholz is pushing for a vote of confidence to take place by January, with the goal of moving the...
news-06112024-110647

Bitcoin Price Surges Over $75K Amid Trump’s Early Voting Domination

Bitcoin's price surged over $75,000 on various crypto exchanges in Asia as favorable election results for Republican Donald Trump began to come in. Trump's odds of winning the U.S. presidency on the Polymarket betting...
news-06112024-110615

Bitcoin Surges 10% Against Mexican Peso Amid ‘Trump Trade’ Boost; Gold Stable

Bitcoin has seen a significant surge against the Mexican Peso (MXN) due to the "Trump trade" boost. The Republican candidate, Donald Trump, has expressed his intention to impose tariffs on Mexico, leading to a...
news-06112024-110544

Solana Price Surges 17% and Surpasses BNB Chain Token Amid Renewed ETF Speculation by...

Solana's SOL token saw an impressive 17% price surge in just 24 hours, driven by the growing anticipation of a Solana ETF being approved. This optimism stems from the recent filings made by Cboe...
news-06112024-110427

Record Levels of Polymarket Open Interest Surged on Election Day

Polymarket experienced a surge in open interest to a record high of $463 million on Election Day as users bet on the race between former President Donald Trump and Vice President Kamala Harris. This...
news-06112024-110325

US Election Results: 220 Pro-Crypto Candidates Win, Elizabeth Warren Keeps Seat with $75k Bitcoin

In the ongoing US elections, there has been a notable increase in the number of pro-crypto candidates winning seats, signaling a potential shift in legislative attitudes towards digital asset regulation. According to Stand With...
news-06112024-050423

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...
news-06112024-050350

Crypto’s Impact on the 2024 U.S. Election: Real-Time Updates

The 2024 U.S. Election is unfolding with significant implications for the crypto industry. As the results come in, there are key updates on the candidates and their positions on digital assets.Democratic Senator Elizabeth Warren,...