New research from the University of Pennsylvania shows that 41% of Republican supporters own cryptocurrencies, significantly higher than 32% of Democratic supporters. The study took two years and surveyed more than 22,000 Americans. The survey found that cryptocurrency adoption was highest in the Southeast, such as Texas, while interest was relatively low in the Northeast and Pacific Northwest.
Crypto proponent and Arkansas Congressman French Hill defeated three other competitors to win the chairpersonship of the Financial Services Committee. It is reported that French Hill said on the Unchained podcast in July that stablecoins and market structure legislation would be the two bills he most wants to pass as chairperson.
Peter Schiff, a prominent economist and gold proponent, wrote a "mockery" of Bitcoin on the X platform in 2019: "Keep dreaming, Bitcoin will never reach $100,000," to which CZ responded: "Don't dream. Keep building."
Fred Krueger, a Bitcoin supporter and a mathematics PhD from Stanford University, wrote in an X post: "The advice for the younger generation is to focus all their energy on artificial intelligence and put their savings into bitcoin." MicroStrategy founder Michael Saylor responded: "Good advice".
1. Cryptocurrency supporter Atkins has become a popular candidate for SEC chairperson. 2. Options data shows that there is a 50% chance that Bitcoin will reach $100,000 by the end of the year. 3. Nominations for ministers in the new Trump administration are completed, and more than 5 are "coin speculators". 4. US Treasury report: Low-income households are using cryptocurrency proceeds to apply for mortgages to buy houses. 5. Stablecoin trading volume has soared to $1.80 trillion so far in Novemb...
On November 28th, according to people familiar with the matter, the transition team of US President-elect Trump has interviewed Paul Atkins, a veteran financial regulator and a figure behind the conservative financial world, as a candidate for the chairpersonship of the US Securities and Exchange Commission (SEC). Atkins is the number one contender to succeed outgoing Gensler, the people said. Trump is expected to make a choice in the coming days, and no decision has been made yet, they said. At...
On November 26, Peter Schiff, a well-known economist and gold supporter, posted on social platform X to attack the Trump administration's policies in support of bitcoin. "When the government picks winners and losers, it usually picks losers," Schiff said. "Because the Trump administration has chosen bitcoin, Wall Street is massively misallocating capital to bitcoin and related value-destroying businesses." In response to Senator Lummis' proposal that the Federal Reserve sell its gold reserves to...
Howard Lutnick, a cryptocurrency proponent nominated by Trump for Secretary of Commerce, has previously said that he will resign from Cantor, BGC and Newmark after Senate approval. Howard Lutnick currently serves as the CEO of Cantor. He plans to hand over the company's Tether business relationship to colleagues. The candidate is said to be his son Brandon Lutnick. Brandon Lutnick previously interned in Tether's Swiss business unit and currently works at Cantor. During his internship in Lugano, ...
According to CNBC, Musk is a loyal supporter of President-elect Trump, and he supports the idea of "allowing the president to intervene in Federal Reserve policy." According to the report, US Senator Mike Lee, a Republican from Utah, previously called on the Federal Reserve to "obey the president" on social media. In response, Musk released a "100" emoji on the 8th, saying that...
Crypto industry supporters are watching presidential candidate Kamala Harris' public references to "digital assets" on the campaign trail. Mavericks owner Mark Cuban said that the Harris team actively seeks to engage with the crypto industry and listens carefully to industry opinions, which may suggest that Harris plans to distance himself from the Biden administration's crypto policies.
Peter Schiff, a bitcoin critic and gold proponent, wrote on X: "Kamala [Harris] can't say what she wants to do to fight inflation because she has no plan. The only way to lower prices is to cut government spending and reduce regulation, but she has promised to do the opposite. So a vote for Kamala is a vote for higher inflation." He also replied to netizens: "It is recommended to vote for Trump. In either case, inflation will go up, and so will gold. Yes, I think...
Trump has said that a return to the gold standard would be "wonderful," and his supporters have even predicted that it could happen by 2025. But will this "golden dream" come true?
Cryptocurrency proponents oppose SEC investor tracking database, fearing privacy and security risks
According to official news, Crypto4Harris, an organization of cryptocurrency supporters from the Democratic Party of the United States, will hold an online town hall meeting on August 15 from 8:00 to 9:30. Previously, it was reported that the lineup of speakers included billionaire entrepreneur and cryptocurrency advocate Mark Cuban, SkyBridge Capital founder and Trump critic Anthony Scaramucci, and a handful of Democratic lawmakers in the House of Representatives. The conference was open to the...
Donald Trump, the Republican presidential candidate, has called on his supporters to stop using Google, saying the search engine is "illegitimate". "Something's wrong with Google," Mr. Trump said on Monday. "Maybe everyone should get rid of Google and not use it." Mr. Trump was referring to claims by Mr. Musk and others that Google was interfering with finding information about the former president. Mr. Musk said Google had imposed a "search ban" on Mr. Trump and shared an image that appeared to...