Crypto Unmentioned at First 2024 U.S. Presidential Debate
President Joe Biden and former President Donald Trump faced off in a debate on Thursday evening.
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Donald Trump
President Joe Biden and former President Donald Trump faced off in a debate on Thursday evening.
Donald Trump has recently taken a pro-crypto stance. (Danny Nelson/CoinDesk)
This U.S. presidential election has been the first where cryptocurrencies have come up as a major policy issue, and the industry is lobbying (and bracing for) the possibility that President Joe Biden and former President Donald Trump may bring it up when they face off in a Thursday debate.
Many PoliFi tokens fell more than 10% after claims emerged that the Trump campaign was behind the DJT token.
Gemini CEO Tyler and his twin brother Cameron Winklevoss, the company’s president, have made two of the first major presidential contributions from prominent crypto executives, favoring former President Donald Trump with $1 million each in support, Tyler explained Thursday in a extensive posting on X.
In this week’s abbreviated issue of The Protocol, we’re chronicling the apparent doxing of ‘Pharma Bro’ Martin Shkreli as the driver behind the recently-but-no-longer mooning $DJT token, plus the SEC’s apparent retreat on probing the Ethereum developer Consensys.
The relatively new token created ripples in the crypto community on X this week over its supposed existence as the “official” Donald Trump token. But it turns out one of its biggest loudmouths was behind its issuance.
Exchanges will list TREMP but not TRUMP, claiming the latter is “too political.”
Meanwhile, there’s a prediction market on whether the U.K. newspaper The Guardian will correct an article about prediction markets.
With a 56% chance of winning, according to the prediction market’s traders, the former president has a 22-point lead over the incumbent, far bigger than what the polls indicate.