Election

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Ripple Donates $1 Million to New Super PAC Seeking to Unseat Senator Elizabeth Warren

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Ripple Labs has donated $1 million to the Commonwealth Unity Fund, a new super PAC established by pro-crypto attorney James Murphy, aiming to unseat Senator Elizabeth Warren with John Deaton in the Massachusetts Senate. Murphy also contributed $50,000. Ripple also recently committed $25 million to Fairshake, another pro-crypto super PAC, following a similar contribution in … Read more

Bloomberg Analyst Discusses Solana ETF Deadline and Election Impact

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A senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will be mid-March 2025. He stressed that the U.S. presidential election in November will play a crucial role in their approval. Analyst Discusses Political Impact on Solana ETFs A senior … Read more

Polymarket Bet on Biden Dropping Out Rises to 50% as Camp David Retreat Fuels Speculation

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This weekend, following the first presidential debate of 2024, the prediction market Polymarket, powered by Polygon, saw a shift in the wager regarding whether incumbent President Joe Biden will withdraw from the race. Just two days prior, the odds of Biden stepping down were at 39%, and as of June 30, 2024, the probability has … Read more

Ripple CEO Blasts SEC Chair’s Crypto Remarks — Says ‘Gensler Will Cause Biden to Lose the Election’

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Ripple CEO Brad Garlinghouse has criticized SEC Chair Gary Gensler’s recent statements on the crypto industry, calling them “absolute nonsense.” The executive argued that Gensler’s actions and oversight failures could impact the upcoming election. He suggested that Gensler should be fired if he truly worked for the American people. Ripple CEO Brad Garlinghouse Criticizes SEC … Read more

Crypto Voter Backlash: How Biden’s Veto May Have Cost Him the 2024 Election

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After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several spot ethereum exchange-traded funds (ETFs). However, President Joe Biden has vetoed the latest resolution intended to quash the SEC’s crypto asset rules in … Read more

Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter

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Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings Ltd. “Bitcoin, ethereum and everything else, solana will consolidate,” he said last week, adding that it means BTC will probably trade “somewhere between $55,000 and $75,000 until the next set of circumstances, the next set … Read more