Saturday, May 17, 2025
No Result
View All Result
Blockchain 24hrs
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoins
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Blockchain Justice
  • Analysis
Crypto Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoins
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Blockchain Justice
  • Analysis
No Result
View All Result
Blockchain 24hrs
No Result
View All Result

Could Kamala Harris Be Better for Bitcoin Than Trump? VanEck Thinks So

Home Web3
Share on FacebookShare on Twitter



Many Bitcoiners have their fingers crossed that crypto-friendly Donald Trump will win the U.S. Presidential election in November. The previous president has painted himself because the Bitcoin-loving candidate, in spite of everything. 

However what if Democratic candidate Kamala Harris is the higher general choice for the orange coin? That’s an concept VanEck analysts floated in a report this week. 

Their reasoning is {that a} Harris presidency would proceed the present financial insurance policies that they imagine would weaken the U.S. greenback and push Bitcoin adoption. 

The 2 analysts argued in July that main world economies might flip to Bitcoin because of noticing the “endemic flaws” of fiat currencies. The Democrat within the White Home could be unlikely to treatment the present monetary issues, of their view.

“We’d argue {that a} Kamala Harris presidency is perhaps even higher for Bitcoin than a second time period for Trump as a result of it will, in our view, speed up lots of the structural points that drive Bitcoin adoption within the first place,” the Thursday report by Matthew Sigel and Patrick Bush argued. 

They added that “as inflation and forex devaluation proceed difficult fiat financial techniques, Bitcoin can function a significant hedge.”

The 2 went on to say that Trump could be higher for the digital asset ecosystem as an entire, not simply Bitcoin by itself.

“Conversely, we imagine a Trump presidency is usually bullish for your complete crypto ecosystem, as it will doubtless produce extra deregulation and business-friendly insurance policies—maybe significantly so for crypto entrepreneurs, who regulators have more and more scrutinized previously 4 years,” the report learn. 

Ex-President Donald Trump used to name the crypto house a “rip-off,” however has since embraced NFTs, Bitcoin, and has even launched his personal upcoming decentralized finance (DeFi) venture referred to as World Liberty Monetary.

Simply Wednesday, the Republican candidate used Bitcoin to pay for burgers on the PubKey bar in New York Metropolis. “It’s the start of a brand new period,” he mentioned after utilizing the know-how. 

Vice President Harris, alternatively, has mentioned little or no concerning the crypto business. Some bigwigs within the business—like billionaire entrepreneur Mark Cuban—have hinted that her marketing campaign is taking extra of an curiosity in crypto, however the Democratic candidate has but to make her views or plans public.

Edited by Andrew Hayward

Every day Debrief E-newsletter

Begin day-after-day with the highest information tales proper now, plus unique options, a podcast, movies and extra.



Source link

Tags: BitcoinHarrisKamalaThinksTrumpVanEck
Previous Post

Texas Court Dismisses Consensys' Lawsuit Against the SEC

Next Post

Securitize Selects Wormhole as Official Blockchain Interoperability Provider

Related Posts

‘Fortnite’ Fixes AI-Powered Darth Vader After It Starts Saying Slurs
Web3

‘Fortnite’ Fixes AI-Powered Darth Vader After It Starts Saying Slurs

May 16, 2025
Bitcoin and Ethereum Waver as Investors Take Profits on Recent Rally
Web3

Bitcoin and Ethereum Waver as Investors Take Profits on Recent Rally

May 15, 2025
Brian Armstrong Makes ‘Open Call’ For Ex-DOGE Staff to Join Coinbase
Web3

Brian Armstrong Makes ‘Open Call’ For Ex-DOGE Staff to Join Coinbase

May 14, 2025
Truth Social Denies Meme Coin Plans as Trump Token Slips
Web3

Truth Social Denies Meme Coin Plans as Trump Token Slips

May 13, 2025
US Futures Rise, Crypto Retreats as White House Signals Progress in China Talks
Web3

US Futures Rise, Crypto Retreats as White House Signals Progress in China Talks

May 12, 2025
Yat Siu on building web3’s most influential unicorn 
Web3

Yat Siu on building web3’s most influential unicorn 

May 12, 2025
Next Post
Securitize Selects Wormhole as Official Blockchain Interoperability Provider

Securitize Selects Wormhole as Official Blockchain Interoperability Provider

Sky votes to remove Wrapped Bitcoin as collateral amid community concerns

Sky votes to remove Wrapped Bitcoin as collateral amid community concerns

Facebook Twitter Instagram Youtube RSS
Blockchain 24hrs

Blockchain 24hrs delivers the latest cryptocurrency and blockchain technology news, expert analysis, and market trends. Stay informed with round-the-clock updates and insights from the world of digital currencies.

CATEGORIES

  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Blockchain Justice
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Web3

SITEMAP

  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Blockchain 24hrs.
Blockchain 24hrs is not responsible for the content of external sites.

  • bitcoinBitcoin(BTC)$103,194.00-0.35%
  • ethereumEthereum(ETH)$2,479.78-4.56%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.37-1.57%
  • binancecoinBNB(BNB)$640.87-1.97%
  • solanaSolana(SOL)$168.10-1.68%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.215664-4.27%
  • cardanoCardano(ADA)$0.77-0.60%
  • tronTRON(TRX)$0.268052-1.98%
No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoins
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Blockchain Justice
  • Analysis
Crypto Marketcap

Copyright © 2024 Blockchain 24hrs.
Blockchain 24hrs is not responsible for the content of external sites.