Crypto at a Pivotal Moment
The U.S. election combined with an easier monetary environment could spark the next crypto bull market, says David Lawant.
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Elections
The U.S. election combined with an easier monetary environment could spark the next crypto bull market, says David Lawant.
The U.S. crypto market will “bifurcate from the rest of the world” said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk.
Stablecoins will drive institutional adoption in Asia, “even if regulators are not happy with it,” Chainalysis co-founder and CEO Michael Gronager said in an interview.
Crypto wasn’t even mentioned during Tuesday’s U.S. presidential debate between former President Donald Trump and Vice President Kamala Harris. But there was a parallel universe of often-ridiculous trading around the faceoff – taking place on blockchain-based prediction markets and memecoin launchpads.
Chris Larsen’s endorsement comes as Ripple has emerged as one of the biggest donors in the 2024 U.S. elections.
The 73-year-old Barnier represented the European Union in the Brexit negotiations with the U.K.
Harris led Trump in early August and betting odds reached 50-50 on the marketplace last month but shifted to Trump’s favor over the weekend.
With the political environment so finely poised, candidates would be wise to attract crypto voters, says Nonco’s Jeffrey Howard.
Notional open interest in BTC options tied to U.S. elections. (Amberdata)
The Presumptive Democratic U.S. presidential nominee cannot afford to cede crypto to Donald Trump and luring crypto voters and donations away could “make a difference in key battleground states,” OMFIF wrote.