4 reasons why Bitcoin price is not trading above $70K
Bitcoin’s path to $70,000 hinges on lower interest rates, the US election outcome, boosted BTC miner profits, and strong spot ETF demand. Go to Source
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Bitcoin’s path to $70,000 hinges on lower interest rates, the US election outcome, boosted BTC miner profits, and strong spot ETF demand. Go to Source
Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and backed U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s efforts to curb the industry. Musk signaled … Read more
Billionaire investor Stanley Druckenmiller recently explained that markets predict Donald Trump’s victory in the upcoming presidential election. In an interview with Bloomberg, Druckenmiller declared that while he remained unconvinced about this, market indicators pointed to Trump clinching the U.S. presidency. Stanley Druckenmiller: Markets Are Anticipating Trump’s Victory Legendary investor Stanley Druckenmiller has shared his insights … Read more
The Donald Trump-backing PAC “Trump 47” has seen millions in crypto-denominated contributions from industry executives since July. Go to Source
Banking giant Standard Chartered predicts that solana could experience a significant surge of up to 400% if Donald Trump wins the 2024 U.S. presidential election. The bank’s head of digital assets suggests that solana’s faster transaction speed and support for decentralized applications position it well in a crypto-friendly environment. Standard Chartered Predicts Solana Surge if … Read more
On Thursday, betting activity on Polymarket indicated that former President Donald Trump has pulled ahead of Vice President Kamala Harris in the race for the 2024 election. As of press time, Trump’s odds stand at 55.8%, with Harris trailing at 43.7%. This shift in favor of Trump has been observed since around Oct. 5, approximately … Read more
Bitcoin is currently exactly where it was in the last two cycles, said NYDIG’s research head Greg Cipolaro, who said crypto could be in for a big Q4. Go to Source
New polling suggests crypto voters could have a meaningful impact on the outcome of the election, and they’re still divided on who to vote for. Go to Source
Exodus’ donation to the political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.” Go to Source
Kamala Harris has spoken publicly about crypto for the first time, pledging support for the industry while stressing consumer protections. Go to Source