politics | ForkLog

ForkLog 7 16.10.2024

JPMorgan Identifies Cryptocurrency Growth Drivers for Year-End

The potential return of Donald Trump to the U.S. presidency and the need for a hedge against economic instability create favorable prospects for Bitcoin in 2025, according to JPMorgan, as reported by The Block. Analysts suggest that amid rising geopolitical tensions and the upcoming U.S. elections, speculative institutional investors may consider gold and the leading […]

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ForkLog 8 15.10.2024

Bernstein Links Bitcoin Rally to Trump’s Rising Election Odds

Bernstein attributes the bullish sentiment to Donald Trump’s lead over Kamala Harris in the presidential race. Standard Chartered highlights the potential for Bitcoin to return to its ATH before the US elections. The surge in Bitcoin’s price is linked to the increasing chances of Republican candidate Donald Trump securing the presidency, according to Bernstein, as […]

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ForkLog 5 14.10.2024

Trump’s Rising Election Prospects Revitalize Crypto Fund Inflows

Inflows into cryptocurrency investment funds from October 6 to 12 amounted to $407 million, contrasting with an outflow of $147 million the previous week, according to data from CoinShares. Data: CoinShares. Experts suggest that the shift in the U.S. presidential race dynamics influenced investor decisions, rather than macroeconomic data releases or changes in the outlook […]

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ForkLog 106 12.10.2024

Ripple Co-Founder Donates $1 Million to Kamala Harris’s Presidential Campaign

Ripple co-founder Chris Larsen contributed $1 million in XRP to a political action committee (PAC) supporting Democratic presidential candidate Kamala Harris. According to data from the U.S. Federal Election Commission, 1,754,815 XRP were transferred to the PAC Future Forward on August 14. In September, Harris began accepting digital asset donations for her presidential campaign through […]

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ForkLog 100 10.10.2024

On-Chain Analysis Reveals Profitability of Polymarket Wallets

Only 13.6% of users on the prediction platform Polymarket have turned a profit, with most earning less than $100, according to data from Layerhub. In absolute terms, this equates to 24,565 wallets. Conversely, the betting activities of 156,010 clients, or 86.4% of the total audience, resulted in losses. Data: Layerhub. Among the addresses reporting profits, […]

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ForkLog 6 09.10.2024

Bitwise Outlines Conditions for Bitcoin to Surpass $80,000 by Year-End

A Trump victory in the U.S. elections, a 50 basis point rate cut by the Fed with new stimuli from China, and a lack of major surprises in the industry are the conditions for bitcoin to rise above $80,000 by the end of the year, according to Bitwise, reports The Block. Matt Hougan, the company’s […]

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ForkLog 5 03.10.2024

Standard Chartered Highlights Bitcoin’s Potential Dip Below $60,000 Amid Geopolitical Tensions

On October 3-4, Bitcoin may fall below the $60,000 level due to escalating geopolitical tensions, creating an opportunity for accumulation. This was stated by Standard Chartered, according to The Block. Experts emphasized that the leading cryptocurrency does not serve as a haven from geopolitical stress. “Gold provides such a hedge. Bitcoin acts as insurance against […]

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ForkLog 5 03.10.2024

QCP Capital Predicts Bitcoin May Drop to $55,000 Amid Geopolitical Tensions

Despite escalating geopolitical tensions in the Middle East, investor sentiment remains positive, according to QCP Capital. “Geopolitics […] may capture attention, but the shallow sell-off following the conflict’s escalation suggests the market still favours risk assets. This minor setback should not distract from the bigger picture,” the experts noted. Analysts warned that further deterioration in […]

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ForkLog 26 02.10.2024

Keep cutting, Javier: what has changed in Argentina after a year with a ‘crypto president’

In 2023 Javier Milei, the Libertarian Party candidate and a self-styled bitcoin supporter, won Argentina’s presidential election. He is known for declaring his intention to “burn” the country’s central bank and scrap the peso in favour of the US dollar to defeat inflation. He has yet to take such radical steps. At ForkLog’s request, Oleg […]

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ForkLog 11 23.09.2024

Peter Brandt Predicts Bitcoin’s Surge Against Gold

In 2025, digital gold could potentially increase fivefold in value compared to its physical counterpart. This conclusion was drawn by technical analyst and head of Factor LLC, Peter Brandt. When I look at chart of Bitcoin/Gold ratio, here is how I view it: $GC_G $BTC $BTCXAU1. Continuation inverted H&S pattern, neckline at 32.5 to 12. […]

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ForkLog 55 23.09.2024

Vitalik Buterin Highlights Two Challenges for ‘Network States’

For the concept of ‘network states’ to become viable, two primary issues must be addressed: governance and membership. This was stated by Ethereum co-founder Vitalik Buterin. Speaking at the Network State Conference 2024 in Singapore, he noted that a ‘network state’ involves uniting an online community into a physical entity with the aim of achieving […]

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ForkLog 49 23.09.2024

Harris Pledges to Support Cryptocurrencies and AI

Kamala Harris has announced that if elected President of the United States, she intends to “encourage innovative technologies like AI and digital assets with consumer and investor protection.” This was reported by Bloomberg. These areas align with her vision of an “economy of opportunity.” “We will collaborate to invest in America’s competitiveness, to invest in […]

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