politics | ForkLog

ForkLog 21 08.04.2025

Bloomberg Analyst Foresees Bitcoin Plunge to $10,000

The price of the leading cryptocurrency could plummet to $10,000, warned Mike McGlone, senior strategist at Bloomberg Intelligence, in an interview with Cointelegraph. He believes this will occur as part of a global correction in financial markets. The expert noted that excessive speculation and asset overvaluation in the crypto industry will influence the decline. According […]

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ForkLog 17 03.04.2025

Quiet ties: how crypto lobbyists gained entry to the White House

After the FTX collapse, many American crypto projects lost faith in the Democratic Party and redirected money and effort into lobbying their interests around Donald Trump. The market appears to be entering a new era, as many swap earlier ideals for cooperation with the state within the traditional economy. Oleg Cash Coin has unpicked the […]

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ForkLog 21 11.03.2025

Arthur Hayes Predicts Bitcoin Dip to $70,000 Before Recovery

The price of the leading cryptocurrency is likely to plummet to $70,000, according to former BitMEX CEO Arthur Hayes. Source: X. He stated that a “36% correction from the peak of $110,000 is standard for a bull market.” Hayes noted that further growth in Bitcoin is possible only if the global market situation worsens. This […]

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ForkLog 13 07.03.2025

Trump Establishes U.S. Strategic Bitcoin Reserve

U.S. President Donald Trump signed an order to establish a strategic bitcoin reserve, which involves storing assets confiscated by the Treasury in criminal and civil cases. The sale of cryptocurrency from this new fund is prohibited—it will serve as a means of long-term storage of national assets. Other federal agencies will explore the possibility of […]

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ForkLog 18 04.03.2025

Peter Schiff Accuses Donald Trump of ‘Largest Crypto Scam’

Peter Schiff, president of Euro Pacific Capital and a noted bitcoin critic, has called on Congress to investigate U.S. President Donald Trump’s actions in the cryptocurrency sector. Donald Trump, the first crypto President, just helped pull off the biggest crypto rug pull of all time. A Congressional investigation is now warranted to find out the […]

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ForkLog 11 21.02.2025

Study Reveals 80% of Crypto Investors Bought ‘Presidential Memecoins’

Nearly 80% of cryptocurrency investors have invested in presidentially endorsed memecoins TRUMP, CAR, and LIBRA, yet two-thirds have incurred losses. This is according to research data from Chainplay. Experts surveyed 1,066 respondents using the Prolific platform. For calculating profits and losses (PnL), they utilized data from Dune Analytics and Nansen as of February 19. For […]

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ForkLog 16 10.01.2025

Media reveal crypto firms’ donations to Donald Trump’s inauguration

After actively financing Donald Trump’s campaign, several major crypto-industry players have made sizable donations to the U.S. president-elect’s inaugural fund, Decrypt noted. Such political donations are used by private businesses to gain access to events tied to the transfer of power. They offer the chance to meet members of the incoming administration and, potentially, curry […]

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ForkLog 9 24.11.2024

Donald Trump Expands Cryptocurrency Advocates in Prospective Administration

US President-elect Donald Trump has nominated hedge fund manager Scott Bessent for the position of Treasury Secretary. The politician announced this on his social network, Truth Social. “Scott is widely respected as one of the world’s leading international investors, geopolitical and economic strategists. His story is the story of the American dream,” Trump stated. In […]

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ForkLog 3 18.11.2024

US Elections Trigger $2.2 Billion Influx into Crypto Funds

Between November 10 and 16, cryptocurrency investment funds received $2.19 billion, up from $1.98 billion the previous week, according to CoinShares. In the first half of the week, inflows reached $3 billion. Subsequent profit-taking after bitcoin reached its ATH led to an outflow of $866 million, experts explained. Data: CoinShares. Experts linked the continued positive […]

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ForkLog 17 18.11.2024

Former US Presidential Candidate Invests Majority of Wealth in Bitcoin

Robert Francis Kennedy Jr., nominated by Donald Trump for the position of US Secretary of Health, has announced a significant personal investment in Bitcoin, according to Cointelegraph. The former independent presidential candidate has declared himself a strong supporter of cryptocurrency. He revealed that a year ago, following his participation in a cryptocurrency conference, he invested […]

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ForkLog 8 17.11.2024

Coinbase CEO Advocates for U.S. Government Efficiency and Reduction

Brian Armstrong, the head of cryptocurrency exchange Coinbase, has endorsed the creation of the U.S. Department of Government Efficiency (DOGE) and called for a reduction in the size of the government. . @DOGE is a once in a lifetime opportunity to increase economic freedom in the U.S. and cut the size of government back to […]

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ForkLog 4 12.11.2024

Arthur Hayes Reiterates Bitcoin’s Potential Surge to $1 Million

The economic policies of the next US president, Donald Trump, could devalue the dollar, potentially pushing the price of Bitcoin to $1 million, according to former BitMEX CEO Arthur Hayes. Arthur Hayes’ latest article points out that Trump’s economic policies may lead to a depreciation of the US dollar and one Bitcoin price reaching $1 […]

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