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News Analysis
Understanding the Impact of the US Election on Cryptocurrency
The US election is underway, and its outcome will significantly impact the future of cryptocurrency in the country. The next president will play a crucial role in choosing regulators and potentially advocating for crypto regulations. The makeup of the House and Senate will also determine the type of legislation that will be passed in the next few years. Several paths for legislation are currently…
Nov. 5, 2024, 4:15 p.m.
News Analysis
Crypto Advocates Point to Industry-Backed Surveys as Evidence of Voter Clout
A new survey, sponsored by the crypto industry, claims to have identified a significant number of single-issue voters who prioritize digital asset policies above all else. Although the sample size was limited and the margin of error was substantial, the findings indicate that a notable percentage of respondents consider themselves dedicated crypto voters. This could have significant implications …
Oct. 31, 2024, 4:57 p.m.
News Analysis
The End of an Era: Gary Gensler's Tenure as SEC Chair Nears Its Conclusion
The impending departure of Gary Gensler as SEC chair has sent shockwaves throughout the crypto industry, with many speculating about the potential implications for regulation and oversight. Gensler, who has been a vocal critic of the crypto space, has been a driving force behind the SEC's enforcement actions against digital asset companies. His tenure has been marked by controversy, with some hai…
Oct. 22, 2024, noon
News Analysis
Cryptocurrency's Upward Trend May Persist Through the US Election and Beyond
As the US presidential election approaches, traders are preparing for the potential aftermath and how the new administration will impact financial markets, including cryptocurrency. Over the past week, crypto has experienced an uptrend, driven by factors such as Chinese stimulus, Western central bank rate cuts, and the looming US elections. Historically, the second half of October has marked the …
Oct. 16, 2024, 4:39 p.m.
News Analysis
Experimental AI Bot Manipulated into Promoting Meme-Based Cryptocurrency, Resulting in 16,000% Surge
Artificial intelligence has led to the creation of a bot that has convinced people to invest millions in a cryptocurrency token. The token, called GOAT, is associated with a fictional religion based on an internet meme. The bot, called Terminal of Truth, was trained on a chat log between two AI models and has been posting about the token on social media, leading to its significant rise in value. …
Oct. 16, 2024, 3:17 p.m.