Bitfinex’s Post

Daily News Trump and Harris Face Off in Debate as Future Crypto Policies Remain Unclear Crypto policy is unlikely to take center stage as Donald Trump and Kamala Harris square off in their first presidential debate Tuesday night, despite growing calls for clarity on the candidates’ stances. A recent Benzinga poll found only 6% of respondents were most interested in hearing the candidates discuss digital assets, with the economy, jobs and immigration ranking as top priorities. However, the crypto industry is pushing for more attention, with advocacy group Chamber of Progress urging debate moderators to give voters insight into where Trump and Harris stand on crypto before November’s election. Sources: CryptoBriefing (See Below Link) https://lnkd.in/gRTVcDd3

Here are my two sats on what to do with recent congressional interest in crypto in a constructive way, that helps us a little and doesn’t hurt us. Thanks for feedback. https://lnkd.in/eS-kHMZw

** Crypto Boosts Trump's Odds ** ➡ Is Trump’s pro-crypto stance helping his presidential candidacy? According to Polymarket, the answer appears to be yes. ➡ Prior to Trump’s NFT Gala on May 8th, Trump’s and Biden’s odds were neck-and-neck in the mid-40s. Since then, the gap has widened with Trump charging ahead. ➡ Correlation is not causation, but the timing is uncanny, and it’s hard to imagine any other possible drivers. For more,  https://lnkd.in/gmagMVh4 Do you agree? Let me know if you think something else explains it! #trump #biden #2024Election #Crypto

today is the day @1pm et. learn from Anthony Scaramucci how to position your investments pre and post the election. from public market to crypto and more. Join here if interested - https://lnkd.in/eAz_x4ju

🚨 CRYPTO REGULATION TALK! House Financial Services Committee chairman Rep. Patrick McHenry joins 'Squawk Box' to discuss day two of Fed Chair Powell's testimony on Capitol Hill. Topics include what he hopes to hear from Powell, the state of crypto regulation, the 2024 election, and more. 📲 [Download Web3C](https://lnkd.in/gtnJK5fS) to stay updated on all things web3! #Crypto #Regulation #Finance #Powell #Congress #2024Election #CNBC #Web3C #Web3

Bloomberg newsletter: Crypto might not be a top policy priority for both US presidential candidates, yet it seems to be an asset class prime to gain regardless of the outcome of the election. Top venture capital investors including Pantera Capital, Dragonfly, Framework Ventures and SkyBridge Capital expect cryptocurrencies to get a boost on the back of potentially clearer regulations, regardless of who wins in November. The US Securities and Exchange Commission under Chair Gary Gensler has viewed most tokens as unregistered securities and has acted against issuers and exchanges including Binance, Coinbase, Ripple and Consensys. Those lawsuits and concerns about further US regulatory crackdowns have been driving projects and investment away from the world’s biggest digital-asset market. That could potentially be changing, thanks to shifting political winds — fueled by tens of millions of dollars in political-action committee spending. Democratic Vice President Kamala Harris and her Republican opponent Donald Trump have both come out to express support for crypto, albeit to differing degrees.  https://lnkd.in/gYF6mHfZ

The recent passage of the Financial Innovation and Technology for the 21st Century Act by the House of Representatives marks a significant milestone for the crypto industry. This strong bipartisan support could be the beginning of a transformative era in digital asset regulation. For years, the crypto sector has pushed for clear and consistent regulatory guidelines. This vote, supported by 71 Democrats and 208 Republicans, brings us closer to achieving that goal. As we approach the November elections, the future of crypto regulation hangs in the balance. Will the current momentum sustain itself post-election?

🔴 As we approach the Bitcoin Convention in Nashville, where Trump will speak later this month, there is anticipation for pro-crypto regulation policies. Assessing strike prices from September to December, sentiment is building that BTC could reach $80k by year-end. 📈 Read my latest thoughts on options expiration and positions on CryptoQuant via https://lnkd.in/dmgxn6bu #onchain

Cryptocurrency in the 2024 election? Not a big deal for most. Yet, crypto is deeply involved in politics now. But voters care more about jobs, healthcare, and security. 👉 $119 million from crypto corporations enters federal elections. Why? Because Trump and Harris have noticed its clout. Trump flips his stance, goes full crypto-friendly, and even starts his own crypto venture. Harris, subtler but still making moves, courts crypto too. It's all about money and votes. Trump's promises—making the U.S. a crypto capital—with a wink to the libertarian crowd. This isn’t just about money. It’s about power and influence. ------------------------------- ➕ Follow for more ♻ Share with your networ