Zokhran Mamdani’s Victory Threatens New York’s Crypto Plans
Zokhran Mamdani has won the New York City mayoral election. According to the Associated Press, the candidate secured 50.6% of the vote, while his opponent Andrew Cuomo garnered 41.2%.Coverage and analysis of elections worldwide.
Zokhran Mamdani’s Victory Threatens New York’s Crypto Plans
Zokhran Mamdani has won the New York City mayoral election. According to the Associated Press, the candidate secured 50.6% of the vote, while his opponent Andrew Cuomo garnered 41.2%.
Left Turn for New York Crypto: What Zohran Mamdani’s Win Means for Bitcoin
Zohran Mamdani is the favourite to become New York’s mayor. ForkLog examines what his ascent could mean for the world’s financial capital.
New York Proposes Blockchain to Enhance Election Transparency
New York State Assembly member Clyde Vanel introduced a bill to explore the potential of blockchain technology in enhancing the security and integrity of elections. The distributed ledger’s attributes, such as resistance to hacking and verifiability, could prevent fraud during electoral campaigns and restore trust in the system, according to the legislator. Under the proposed […]
Cryptocurrency Firms Spend $134 Million on US Elections
Cryptocurrency companies have expended $134 million on funding election campaigns in the United States for 2024, according to a report by the Center for Political Accountability (CPA). This has sparked concerns about the industry’s influence on political processes and potential regulatory implications. “Companies making such contributions may seek to create a favorable regulatory environment, but […]
Trump’s Victory Boosts Wealth of Crypto Billionaires
The wealth of Coinbase CEO Brian Armstrong increased by $2.6 billion due to a rise in the exchange’s shares following Donald Trump’s election victory. MicroStrategy founder Michael Saylor gained $600 million, while Changpeng Zhao’s wealth grew by $12 billion. DOGE surged by 40%, and Elon Musk’s fortune rose by $20 billion. The top 10 billionaires […]
Donald Trump Becomes 47th President of the United States: Implications for the Crypto Industry
Donald Trump defeated Kamala Harris in the US presidential election. He promised to become the “crypto president” and make the US the “crypto capital of the planet,” as well as to free Ross Ulbricht, dismiss Gary Gensler, among other pledges. Bitcoin reached a new all-time high. PolitiFi tokens surged and then crashed, while coins parodying […]
Bitcoin Hits Record High of $75,000 Amid US Election Uncertainty
On Wednesday, November 6, the price of the leading cryptocurrency briefly reached $75,000, setting a new all-time high. 5-minute BTC/USDT chart from Binance. Data: TradingView. At the time of writing, Bitcoin is trading at $74,800. According to CoinGecko, the digital gold has gained 9.2% over the past 24 hours. The asset’s market capitalization stands at […]Bitcoin Tests $70,000 Amid US Election Volatility
As the US presidential elections commenced, volatility surged significantly, as experts had predicted. The price of digital gold unexpectedly tested the $70,000 level before experiencing a slight correction.
Polymarket Users Wager Millions on Trump and Harris Victories
As the U.S. presidential election approaches, bets on the prediction platform Polymarket for various candidates have surged significantly. One user has wagered over $15 million on Donald Trump’s victory, with a potential payout of $24.7 million. This guy bet $15 million on Trump. Will he come out ahead? pic.twitter.com/DlzTcnQ1kP — Polymarket (@Polymarket) November 4, 2024 […]
Bernstein Predicts Bitcoin’s Trajectory Post-Trump or Harris Victory
Should Donald Trump be elected President of the United States, the leading cryptocurrency is expected to surpass its ATH and reach $80,000-$90,000, while a Kamala Harris victory could see it fall to $50,000. This forecast was made by Bernstein analysts, as reported by The Block. If the outcome is favourable for Bitcoin, the asset could […]
How traders are hedging Trump — and why bitcoin doesn’t care who wins
While Donald Trump’s team has been crafting the image of a “future crypto president”, a very different game has been playing out—one most voters and crypto users scarcely notice. Oleg Cash Coin explains for ForkLog a subtle link between America’s electoral cycle and digital-asset markets. Follow the money Prediction markets have heated up in recent […]
Bitcoin Volatility Predicted Amid US Election by Standard Chartered Expert
In the days leading up to the US elections, the price of Bitcoin may decline, followed by increased price volatility. This opinion was expressed by Standard Chartered researcher Jeff Kendrick. Despite testing levels around $73,500, the leading cryptocurrency has yet to surpass the record high set in March above $73,700. Kendrick believes that pre-election volatility […]We use cookies to improve the quality of our service.
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