Bitcoin’s price is set to rise regardless of the 2024 election outcome, says Anthony Scaramucci, though Trump’s deregulation could provide a short-term boost. US Elections, Bitcoin, and Power Moves: Scaramucci’s Predictions Unveiled Anthony Scaramucci, founder of Skybridge Capital and former White House Communications Director, discussed bitcoin’s future and the potential role of U.S. presidents in …
Monthly archives: November 2024
Bitcoin Poised for Big Moves: What Experts Predict Ahead of the 2024 US Election
As the 2024 U.S. election draws near, the crypto community is abuzz, eagerly watching to see how bitcoin will respond. Many industry insiders are keen to share their perspectives on what might unfold in this dynamic landscape. Crypto Market Braces for Impact: Trump vs. Harris and Bitcoin’s Next Move On Nov. 5, 2024, U.S. voters …
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Standard Chartered’s Crypto Custody Unit Seeks $50 Million
Standard Chartered’s Zodia Custody is raising $50 million to expand its crypto custody services amidst increasing competition from both traditional finance and crypto-native firms. Institutional Investors Drive Demand for Crypto Custody Standard Chartered’s crypto custody business, Zodia Custody, is reportedly in talks to raise $50 million to fund its expansion into new markets. CEO Julian …
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US Bitcoin Reserve Proposal: A New Weapon for Economic Stability
The Bitcoin Policy Institute (BPI) has released a report advocating for a strategic bitcoin reserve (SBR) to strengthen U.S. economic stability and global influence. Titled “Digital Gold: Evaluating a Strategic Bitcoin Reserve for the United States,” the report argues that holding BTC could support U.S. monetary stability, counter global financial threats, and advance technological leadership. …
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Gemini Teams up With Renowned Sci-Fi Artist for ‘Go Where Dollars Won’t’ Crypto Campaign
Gemini launched a new campaign, “Go Where Dollars Won’t,” on Nov. 4, aiming to showcase cryptocurrency’s potential beyond traditional currency constraints. Exploring New Frontiers: Meet Gemini’s ‘Go Where Dollars Won’t’ Campaign On Nov. 4, cryptocurrency exchange Gemini unveiled its latest campaign, “Go Where Dollars Won’t,” partnering with Irish artist Matt Griffin to capture cryptocurrency’s promise …
Michigan Pension Fund Invests $10 Million in Grayscale’s Ethereum ETFs
Reports indicate that the State of Michigan Retirement System recently invested over $10 million in ethereum exchange-traded funds (ETFs), specifically in Grayscale’s Ethereum Trust and its Ethereum Mini Trust. The Rise of Crypto in Retirement Portfolios In July, news surfaced that the State of Michigan Retirement System (SMRS) had also put funds into Ark Invest’s …
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These crypto ETFs are ‘call options’ on the US elections
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.
Chamath Palihapitiya Says US Economy ‘in the Toilet’ if Not for Government Distortions – Here’s What He Means
Billionaire venture capitalist Chamath Palihapitiya says the US economy is not doing so well despite glowing reports to the contrary. In a new episode of the All-in Podcast, Palihapitiya shares data suggesting that government consumption accounts for much of the growth witnessed by the economy in the last few years. According to the billionaire, the …
Fundstrat’s Tom Lee Says Markets Set To Rally Into Year-End Regardless of Election Winner
Fundstrat managing partner and head of research Tom Lee says that markets are setting up to rally into 2025 no matter who wins the US election. In a new interview on CNBC, Lee says that while the election has caused some “trades to reverse,” it’s also placed cash on the sidelines and ready to boost …
Gavin Wood Signals Next Steps for Polkadot’s Revolutionary JAM Protocol at Sub0 Reset
November 4, 2024 – London, United Kingdom WebZero has announced the full agenda for its conference Sub0 Reset, inviting developers, investors and innovators to join Polkadot founder Dr. Gavin Wood – along with industry leaders from Parity and the Web3 Foundation – to work on building JAM (Join-Accumulate Machine), a new paradigm paving the way …
Police Syndicate Accused of Extorting 10,000,000 USDT From Man Using Fake Search Warrant: Report
Thai law enforcement has reportedly arrested seven police officers and one civilian accused of staging a false domestic search that involved the attempted extortion of 10 million USDT from a victim. Local publication QQ reports that the group targeted a Chinese national by swarming his residence and flashing what appeared to be a real search …
US Treasury Adds $104,000,000,000 To National Debt in One Day As Total Outstanding Debt Shatters Record High at $35,951,000,000,000
The US national debt just hit a new record high after the Treasury Department added $104 billion to its outstanding balance in a single day. The Treasury’s Debt to the Penny database shows the government’s pile of debt is close to $36 trillion, clocking in at $35.951601173936 trillion. The US shattered the $35 trillion barrier …
Coinbase Chief Legal Officer Uncovers 20 Instances of US Regulator Telling Banks To Stop Crypto Services
Coinbase chief legal officer Paul Grewal says he can see multiple instances when the Federal Deposit Insurance Corporation (FDIC) told banks to stop offering crypto-related services. In a new thread on the social media platform X, Grewal says that Coinbase uncovered the information after filing a Freedom of Information Act (FOIA) request at the FDIC, …
OSL Group makes strategic entry into Japan with CoinBest acquisition
OSL Group Limited announced that its Japanese subsidiary, OSL Investment (Japan) Limited, has signed a share purchase agreement to acquire an 81.38% stake in local crypto exchange CoinBest K.K., according to a Nov. 4 press statement. This acquisition represents a significant move for OSL, marking its strategic entry into Japan’s rapidly expanding crypto market, which …
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Coinbase and a16z lead $78 million Fairshake fund to shape 2026 midterm elections
Fairshake, a nonpartisan super PAC focused on crypto interests in US politics, has successfully raised $78 million to support candidates who advocate for American blockchain and crypto innovation, according to a Nov. 4 statement shared with CryptoSlate. The funding includes over $30 million currently available and an additional $48 million in new commitments. Among the …
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