politics | ForkLog

ForkLog 4 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 […]

AI translated

ForkLog 3 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 […]

AI translated

ForkLog 3 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 […]

AI translated

ForkLog 11 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 […]

AI translated

ForkLog 9 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. […]

AI translated

ForkLog 39 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 […]

AI translated

ForkLog 34 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 […]

AI translated

ForkLog 44 20.09.2024

Standard Chartered Predicts Bitcoin Rally Following Fed Rate Cut

Following a rate cut by the Fed, Bitcoin is expected to experience sustained growth due to a macroeconomic backdrop that offsets uncertainty from the US elections. This conclusion was reached by Standard Chartered, reports The Block. Experts highlighted the improved cryptocurrency market conditions amid increased chances of Kamala Harris’s victory. According to Polymarket, she leads […]

AI translated

ForkLog 30 12.09.2024

Bitcoin’s Record High Forecast Unaffected by US Election Outcome

Bitcoin is poised to reach a new record by the year’s end, irrespective of the results of the US presidential election, according to Standard Chartered, reports The Block. “A Trump victory would push the price to $125,000, while Harris would lead to $75,000,” the review states. Analysts believe that a Republican administration would accelerate progress […]

AI translated

ForkLog 6 12.09.2024

US Lawmakers to Investigate SEC for Alleged Hiring Bias

The US House of Representatives is set to investigate the SEC for potentially politically motivated hiring practices. This is outlined in a letter to the agency’s head, Gary Gensler. The joint investigation is spearheaded by Republican chairmen Jim Jordan of the Judiciary Committee, Patrick McHenry of the Financial Services Committee, and James Comer of the […]

AI translated

ForkLog 23 11.09.2024

Cryptocurrency Absent from Trump-Harris Debate

The presidential debate between candidates Kamala Harris and Donald Trump concluded without addressing the topic of cryptocurrencies. During the two-hour discussion, the candidates covered foreign policy, immigration, and their administrations’ work. Prior to the debate, 26% of Polymarket users anticipated mentions of Bitcoin or other digital assets. According to the prediction platform, the odds of […]

AI translated

ForkLog 7 10.09.2024

Bitcoin Volatility Poised for Growth Amid CPI Data and Debates

Implied volatilities of bitcoin options remain elevated. Traders anticipate significant price swings in light of the Trump-Harris debates and consumer inflation (CPI) data, according to QCP Capital. The events are scheduled for September 11 at 4:00 and 15:30 (Kyiv/Moscow). Experts noted that until October, options market participants tend to take predominantly bearish positions. Optimists are […]

AI translated

#politics