News Explorer — Kamala Harris Rise Could Be Hurting Bitcoin Price: Bernstein

Generated by AI, curated by humans

Aug 12, 5:48 pm

Decrypt

Kamala Harris Rise Could Be Hurting Bitcoin Price: Bernstein

Analysts at Bernstein suggest that growing excitement over Kamala Harris' presidential campaign may be contributing to Bitcoin's recent price decline. The report highlights the lack of clarity on Harris' stance towards digital asset regulation and the broader approach of Democrats towards crypto as bearish signs for the market. The popularity of the Polymarket prediction platform, which runs on Ethereum's Polygon network, has surged during the U.S. election cycle, making the outcome of the election a significant factor for crypto prices.

Analysts at Bernstein suggest that growing excitement over Kamala Harris' presidential campaign may be contributing to Bitcoin's recent price decline. The report highlights the lack of clarity on Harris' stance towards digital asset regulation and the broader approach of Democrats towards crypto as bearish signs for the market. The popularity of the Polymarket prediction platform, which runs on Ethereum's Polygon network, has surged during the U.S. election cycle, making the outcome of the election a significant factor for crypto prices.

Latest

Jan 9, 9:27 pm

DL News

Why Analysts Don't Expect XRP ETFs to Stay Hot

XRP exchange-traded funds have attracted over $1 billion since November, with institutional investors favoring Ripple's... Read Summary

Jan 9, 8:13 pm

Decrypt

Bitcoin to $53 Million by 2050? VanEck Says It's Possible

VanEck's long-term outlook predicts Bitcoin could reach $53.4 million by 2050 in a bullish scenario where it captures a... Read Summary

Jan 9, 6:05 pm

Decrypt

Over $15 Billion Raised by Andreessen Horowitz to Advance American Technology

Andreessen Horowitz, also known as a16z, has raised over $15 billion across five venture funds to support American techn... Read Summary

Jan 9, 5:33 pm

Decrypt

BNY to Issue Tokenized Deposits for Enhanced Liquidity and Efficiency

BNY announced plans to issue digital representations of customer deposits on the blockchain, using a private and permiss... Read Summary

Jan 9, 5:06 pm

DL News

Truebit's $26 Million Exploit Exposes Vulnerabilities in Older DeFi Protocols

Truebit, an Ethereum-based verification protocol, fell victim to a $26 million exploit due to a bug in its code. The inc... Read Summary

Jan 9, 4:31 pm

Decrypt

Vitalik Buterin Advocates for Privacy Rights, Defends Tornado Cash Developer Roman Storm

Vitalik Buterin publicly supports Tornado Cash developer Roman Storm, emphasizing the importance of privacy as a fundame... Read Summary

Jan 9, 3:48 pm

Decrypt

Ripple Gains Approval From UK Regulator Following XRP Weekly Price Jump

Ripple has been granted permission by the UK's Financial Conduct Authority to expand its payments platform in the countr... Read Summary

Jan 9, 3:11 pm

Decrypt

Altcoins Surge As Bitcoin and Ethereum Consolidate—Here's Why

Altcoins like XRP and Solana are gaining momentum, with some tokens seeing weekly gains of up to 17%. Experts attribute... Read Summary

Jan 9, 12:11 pm

DL News

Polygon Price Jumps Following Stablecoin Payments Push

Polygon is introducing a new stablecoin payments framework to enhance DeFi ecosystem accessibility. The Open Money Stack... Read Summary

Jan 9, 8:44 am

Coindesk

A7A5 Ruble Stablecoin Sees Substantial Growth Despite Sanctions Hurdles

A ruble-denominated stablecoin, A7A5, introduced by A7 LLC, has seen significant growth despite being linked to sanction... Read Summary

Jan 9, 5:14 am

Decrypt

Woman in France Tied Up and Robbed of Crypto USB in Home Invasion

In Manosque, France, three masked men broke into a home, tied up a woman at gunpoint, and stole a USB drive containing h... Read Summary

Jan 9, 3:46 am

Decrypt

Bitcoin ETFs See Consecutive Outflows as Investors Reassess Risk Amid a Market Lull

Bitcoin exchange-traded funds experienced a three-day streak of outflows, totaling $934.8 million, as investors reevalua... Read Summary

Jan 9, 1:44 am

Decrypt

President Trump Says He Won't Pardon FTX Founder Sam Bankman-Fried

FTX co-founder Sam Bankman-Fried was denied a pardon by President Trump, who previously pardoned other crypto industry f... Read Summary

Jan 8, 9:52 pm

Decrypt

SharpLink Deploys $170M to Stake Ethereum on Linea

SharpLink Gaming has deployed $170 million worth of ETH to Ethereum layer-2 scaling network, Linea, aiming to optimize o... Read Summary

Jan 8, 7:07 pm

Coindesk

Polygon Close to Acquiring Bitcoin ATM Operator Coinme: Report

Ethereum scaling network Polygon is reportedly in talks to acquire Coinme, a U.S. Bitcoin ATM kiosk provider, for $100-1... Read Summary