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Top #Cryptonews This Week

1️⃣ Powell Indicated Possible Rate Cut

Jerome #Powell suggested a potential rate cut in September if inflation met criteria.

2️⃣ Bank of England Reduced Rates

The Bank of England cut interest rates to 5% for the first time in over four years.

3️⃣ Bank of Japan Increased Rates
The Bank of Japan raised its policy rate to around 0.25% during its meeting.

4️⃣ Trump Proposed Bitcoin Changes
#DonaldTrump vowed to fire #Gensler, establish a #Bitcoin reserve, and support #crypto innovations.

5️⃣ Harris Campaign Reached Out to Crypto Leaders

#KamalaHarris’s team engaged with crypto figures to shape future regulatory frameworks.

6️⃣ Senators Proposed Bitcoin Purchase Plan
Senator #CynthiaLummis introduced a plan to buy 1 million bitcoins over five years.

7️⃣ Vitalik Outlined Ethereum’s Future
#VitalikButerin emphasized building apps and proposed innovative ideas at EDCON2024.

8️⃣ Musk Denied Crypto Promotion Intent

#ElonMusk stated he had no intention to promote cryptocurrencies, clarifying any mentions were jokes.

9️⃣ Snowden Warned on Bitcoin Privacy
Edward Snowden highlighted Bitcoin’s traceability and urged improved privacy measures.

🔟 MicroStrategy Reported Loss, Increased BTC Holdings
#MicroStrategy reported a $102.6 million loss but increased Bitcoin holdings to 226,500 BTC.
#KamalaHarris vs. #DonaldTrump in 2024 #USElection

Source: https://polymarket.com/elections

🔵Recent Polls: Show Kamala Harris ahead of Donald Trump nationally.

🔵Battleground States: Polls are more mixed in key states.

🔵Running Mate: Harris has selected Tim Walz, Governor of Minnesota.

🔵Polling Trend: Harris is currently leading Trump in the race for the White House.
#KamalaHarris vs #DonaldTrump:Who Will Win 2024 #USElections?

#Crypto #CryptoNews

🟠Latest polling data shows Kamala Harris's chances of becoming U.S. president are increasing.

🟠A #Polymarket poll, with over $556 million in assets, indicates Harris is at 49%.

🟠Donald Trump is close behind, with 48%.

🟠Harris currently holds a slight lead over Trump in the polls.

Source: https://polymarket.com/elections
" #KamalaHarris Hits Record High in Odds"

⭐️Kamala Harris chance of winning the presidential election is at 54% on
#Polymarket. Harris leads Donald Trump by 10%.

⭐️
#DonaldTrump has $75.6 million in bets, showing strong belief in his victory. Harris has $66.5 million in bets.

Source:
https://polymarket.com/elections

#USElections #Crypto #CryptoNews #coinpedia
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"Trump's Tax Cuts Ignite Crypto Craze"


🔵Trump's Tax Promise
: #DonaldTrump promises "gigantic tax cuts" to Americans amid rising #inflation concerns.


🔵#Crypto Popularity: Due to inflation, Americans are increasingly interested in Bitcoin and other cryptocurrencies.


🔵Trump's Crypto Support:
Trump is receiving nearly 90% of votes from crypto holders, pledging to keep all US government-held Bitcoin.


🔵Market Sentiment Shift: The #cryptomarket is reacting positively as Trump's election chances rise, especially with the potential appointment of Gary Gensler as Treasury Secretary if #KamalaHarris wins.

Source: https://x.com/Grayscale/status/1825625114492416039