Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Kamala Harris Makes a Big Cryptocurrency Move, Catches Donald Trump!

Kamala Harris Makes a Big Cryptocurrency Move, Catches Donald Trump!

BitcoinsistemiBitcoinsistemi2024/08/08 08:45
By:Elif Azra Güven

Polymarket users currently predict that former US President Donald Trump and incumbent Vice President Kamala Harris have a 49% chance of winning the upcoming November presidential election.

While there is little time left for the US elections to be held in November 2024, the election race is heating up. While cryptocurrencies played a big role in this election, the likely candidate of the Democratic side, Kamala Harris, caught up with Donald Trump.

According to Polymarket data, while Trump and Harris' chances of winning are equal, the data shows that Trump's chance of being elected has decreased by 13 points, while Harris's chance of being elected has increased by 34 points.

 

Users of decentralized prediction platform Polymarket are currently predicting that former US President Donald Trump and incumbent Vice President Kamala Harris have a 49% chance of winning the upcoming November presidential election.

Kamala Harris Makes a Big Cryptocurrency Move, Catches Donald Trump! image 0 Kamala Harris Makes a Big Cryptocurrency Move, Catches Donald Trump! image 1

It is considered that this rise is due to Harris's election campaign starting to interact with the cryptocurrency industry and the steps it has taken towards the crypto industry.

“Harris for Crypto” Campaign!

Among these moves is the recently launched campaign. At this point, FOX Business reporter Eleanor Terrett reported that the US Democratic Party launched the “Harris for Crypto” campaign, with supporters including SkyBridge Capital founder Mark Cuban.

 

It was stated that the “Harris for Crypto” campaign aims to attract 40 million American voters who own digital assets and demonstrate the Democratic Party's stance on the promotion of blockchain and the cryptocurrency industry.

It was stated that the Crypto for Harris campaign has approximately 50 members, including billionaire entrepreneur and crypto advocate Mark Cuban, SkyBridge Capital founder and Trump critic Anthony Scaramucci.

Democratic Party's Wiley Nickel, who joined the Harris campaign for crypto, said:

“We are not giving the cryptocurrency issue to Trump. We want to encourage innovation and protect consumers.

“Allowing cryptocurrency to become a political football will leave the United States even further behind.”

Kamala Harris added two more former cryptocurrency advisors to her election campaign last week, showing that she is interested in this field. At this point, Harris included in her campaign David Plouffe, who serves on the advisory board of Binance, the world's largest cryptocurrency exchange, and Gene Sperling, a former board member of the blockchain payment company Ripple.

 
 
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

S&P 500 jumps 1.6%, Nasdaq 2.2% as Big Tech leads rally on trade optimism

Share link:In this post: The S&P 500 rose 1.6% and the Nasdaq jumped 2.2% as tech stocks like Nvidia and Amazon rallied. China confirmed there are no trade talks happening with the U.S. and called for removal of tariffs. Trump said he’s open to less confrontation on trade, but no details or negotiations have been set.

Cryptopolitan2025/04/24 21:01
S&P 500 jumps 1.6%, Nasdaq 2.2% as Big Tech leads rally on trade optimism

Trump teases third term with 2028 hat. Just how far can he go?

Share link:In this post: Trump is now selling a “Trump 2028” hat, openly signaling interest in a third presidential term. The original product description hinted at rewriting the Constitution but was later changed. Trump told NBC News he’s considering legal ways to bypass the two-term limit, including running as vice president.

Cryptopolitan2025/04/24 21:01
Trump teases third term with 2028 hat. Just how far can he go?

Stablecoins can expand to $1.6T by 2030, says Citigroup

Share link:In this post: Citigroup predicts $1.6T in stablecoin supply by 2030 in a base scenario and up to $3.7T in a bullish development. Stablecoins may replace cash reserves and some fintech apps. Blockchain may make a comeback for public spending, disbursements and transparent tracking.

Cryptopolitan2025/04/24 21:01
Stablecoins can expand to $1.6T by 2030, says Citigroup