Lab4crypto’s Post

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

Crypto takes centre stage in the 2024 Presidential Election! 🇺🇸 With 83% of crypto voters preferring a candidate with a clear regulatory crypto framework, the race heats up. Biden's regulatory shift, Trump's pro-crypto executive order, and RFK's radical transparency proposals all signal a pivotal moment for the U.S. crypto landscape. Who will lead the U.S. into a crypto-friendly future? Read the blog now. https://ow.ly/bNXG50SABzW

Excelent post by Charlie Bilello on X. “The investor superpower is being good at suffering!” Moving ahead to the difficult “forecasting game”. US elections: who will win? Betting houses say Trump; Polls say Harris. In both situations the difference is tight enough to say that will be a too close to call run or near to a 50/50 outcome. Trump has a very friendly approach to crypto. Apart from his real intentions to implement crypto friendly policies and let Gensler go, is fair to say that if Trump wins crypto can jump 50% til the end of the year. As we move to elections day, with equities at ATH, while Bitcoin and other cryptos are struggling, would not be plausible to see a 25% jump (50%x50%) into the election? Let’s see how it plays out https://lnkd.in/dcAHP4nN https://lnkd.in/dxMeirRg

What do the Fed’s rate cuts and the upcoming elections mean for crypto? 📉 Quinn Thompson and Travis Kling break it down on Unchained: 💥 Why Bitcoin has underperformed TradFi 🤔 Whether the election is crypto’s make-or-break moment 📈 Which crypto asset could skyrocket if Trump wins 😣 An upcoming event that could drag down $SOL https://lnkd.in/ehBfjpi8

The U.S. Election & Crypto's Future 🚀 With the U.S. election underway, the crypto world is watching for potential impacts on regulation and innovation. No matter who wins, whether it’s Trump or Kamala! It could mean positive steps for the crypto industry. Here’s to a future where policy and digital assets grow hand in hand!

TRUMP LEADING IN U.S. ELECTIONS 🇺🇸 According to the latest projections, #Trump is currently leading with 312 electoral votes against #Harris's 226. As voter polling begins today, global financial markets, including the crypto sector, are watching the developments closely. How the #USElections impact the crypto market Analysts highlight that the U.S. elections are a major factor in market volatility, especially for #cryptocurrencies. With media heavily covering Trump's lead and the potential economic impacts, crypto investors are monitoring the situation, as political uncertainty can trigger both short-term gains and potential corrections. Potential scenarios: 1. Clear Trump victory: could lead to a short-term surge in #Bitcoin due to anticipated business-friendly policies and reduced regulation. 2. Clear Harris victory: initial caution and possible dip, followed by stability if clear crypto regulations emerge. 3. Disputed results: prolonged uncertainty could cause market volatility, with Bitcoin potentially acting as a "safe-haven" asset. 4. Split government: legislative gridlock might bring stability, reducing chances of extreme regulatory shifts. 5. Increased regulation, regardless of winner: potential initial pullback but could lead to long-term growth as institutions gain confidence. The next few weeks could be pivotal for the future of the crypto market. #CryptoMarket

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

💰 Heads up, crypto enthusiasts! Standard Chartered's Geoffrey Kendrick predicts some wild swings for Bitcoin (BTC) as we approach the US presidential elections. 📈😬 His insights reveal mixed vibes in the market—optimism is in the air, but traders are keeping their eyes peeled for any economic or regulatory curveballs.[ Stay sharp out there!](https://lnkd.in/gfGC_zxd) #Bitcoin #Elections2024

How the US Presidential Race Could Impact the Crypto Market With the U.S. presidential elections just months away, the outcome could significantly impact the crypto market. Both candidates have shifted from critiquing to supporting cryptocurrencies, now vying for the loyalty of the crowd. 🗳 Let's consider possible scenarios: 1. Trump, initially skeptical, has launched NFTs and now accepts digital assets for his campaign. He consults with industry representatives, signaling strong interest. So, #Trump victory possibly could lead to a pro-crypto stance, potentially triggering a #bullrun and reducing regulatory pressure. 2. Alternatively, nothing might change. No matter who is elected. Campaign promises may remain unfulfilled. Historically, #Biden has tightened regulations, and Trump showed little interest in crypto. Both approaches have drawbacks for the industry. 3. The third scenario sees the Biden administration accepting cryptocurrencies, although this is unlikely. Support from the masses is important, and one way to gain peers is to continue to back #crypto at least more than they have in the past. 🔮 It's hard to predict the best outcome for the industry. While U.S. policy isn't the only factor influencing crypto, the ability to operate in such a promising region could be advantageous. What are your thoughts? #regulation #news

Candidates' stances on crypto-related issues could influence undecided voters who see financial innovation as essential to economic growth. Crypto holders may prioritize candidates who support a favorable regulatory environment. However, while crypto holders are passionate and influential, their direct impact on election outcomes is limited by their relatively small numbers and the broader range of issues most voters consider. If the crypto community continues to grow, though, its political influence will likely become more significant in future elections. Although Kamala Harris has not taken a clear stance on crypto, she has shown a willingness to adopt independent positions that may diverge from those of President Biden and Elizabeth Warren. Personally, I believe she would be a stronger candidate if she adopted a more independent position and distanced herself from the hostile crypto policies associated with President Biden and Elizabeth Warren. The race might not be as close as it currently appears if she made this shift. I know Mark Cuban has been trying to help with this issue, and he is concerned that it could be a defining factor in the election.