As the U.S. election season heats up, Bitcoin finds itself once again in the political crossfire. From Washington, D.C., to international capitals, this digital currency has become a talking point, with politicians on both sides of the aisle either championing it as a revolutionary financial tool or condemning it as a threat to economic stability. […]
Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections
The crypto industry made waves in the 2024 federal elections by investing a staggering $ 119 million, positioning itself as the top corporate donor of the election cycle, according to a detailed report by citizen.org. This hefty financial contribution underscores the expanding sway of the cryptocurrency sector in influencing U.S. politics today. Crypto Industry …
Polymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet
On Aug. 22, 2024, Polymarket odds showed former President Donald Trump leading in the prediction market that pits him against Kamala Harris for the 2024 presidential election. As of 8:19 a.m. EDT on Thursday, Trump held a 53% chance of victory, edging out Harris, who currently sits at 46%. Polymarket and Several Other Betting Platforms […]
Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million
Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $ 129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which made up more than half of the …
Polymarket Odds Suggest 81% Chance of RFK Jr. Exiting 2024 Race as Shanahan Hints at Trump Alliance
Based on Polymarket odds, Robert F. Kennedy Jr., a 2024 independent presidential candidate, has a 81% probability of exiting the race after his running mate, Nicole Shanahan, hinted that their campaign might align with former President Donald Trump. On Tuesday, the odds of Kennedy withdrawing peaked to it’s highest point yet. RFK Jr.’s Campaign Faces […]