politics | ForkLog

ForkLog 20 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 18 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 5 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 24 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 18 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 7 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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ForkLog 34 06.11.2024

Crypto Industry Awaits Change as Trump’s Victory Sparks Optimism

The election of Republican candidate Donald Trump as President of the United States is seen as a catalyst for the development of the digital asset sector in the country, according to participants in the crypto industry. Gemini co-founder Cameron Winklevoss expressed satisfaction with the outcome of the race. Time to build baby build! ?? — […]

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ForkLog 11 06.11.2024

Elizabeth Warren Retains Senate Seat Against Crypto Advocate

John Deaton, a lawyer and cryptocurrency advocate, was defeated by Elizabeth Warren in the Massachusetts Senate race. Warren is known for her critical stance on digital assets, reports The Block. This marks Warren’s fourth term in the U.S. Senate. She is a member of the Senate Finance and Banking Committees, which oversee the SEC and […]

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ForkLog 6 04.11.2024

Trump’s Prospects Boost Crypto Fund Inflows to $2.18 Billion

Inflows into cryptocurrency investment funds from October 27 to November 2 reached $2.18 billion, up from $901 million the previous week, according to CoinShares. This result nearly matched the $2.2 billion observed in the second decade of October, the highest since July. Year-to-date inflows have risen to a new record of $29.2 billion. Data: CoinShares. […]

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ForkLog 6 04.11.2024

Bitcoin’s Potential Local Bottoms Ahead of US Elections

The options market anticipates a new all-time high for Bitcoin by the end of November and increased volatility post-US elections. Traders have noted the possibility of Bitcoin’s price retreating to $65,000 before a rebound. The price of Bitcoin is expected to hit $66,200 before a rebound ahead of the US presidential elections, according to trader […]

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ForkLog 5 28.10.2024

US Presidential Election Boosts Inflows to Crypto Funds

Inflows into cryptocurrency investment funds from October 20 to 26 amounted to $901 million, following a peak of $2.2 billion the previous week, the highest since July. These figures were reported by CoinShares. Data: CoinShares. Since the beginning of the year, total inflows into these products have exceeded $27 billion, nearly three times the record […]

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ForkLog 8 28.10.2024

Experts Debate the Impact of US Elections on Meme Coins

Most forecasts agree that a Donald Trump victory in the US presidential elections would positively affect the cryptocurrency market, yet its impact on the meme coin sector remains contentious. Omid Malekan, a professor at Columbia Business School, linked interest in these coins to disillusionment with the unfair and “grifty” tokenomics of projects favouring venture funds […]

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