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Announcement on the Upgrade of Close Position Function for Contracts
About the Shapella Upgrade on the Ethereum Network
Security Announcement Regarding Preventing Phishing and Fraudulent Messages
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name
Last Price
24H Chg%
BTC
/USDT
14613820.47K
62,052.80
≈$62,052.80
-1.35%
ETH
/USDT
14209242.16K
3,423.31
≈$3,423.31
-0.55%
BCH
/USDT
14112496.22K
382.90
≈$382.90
-0.41%
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23.230
≈$23.230
-0.08%
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14203030.50K
0.12419
≈$0.12419
+0.53%
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14130570.03K
75.280
≈$75.280
+1.21%
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News
How Could Cryptocurrency Influence the 2024 US Election?
2024-07-02 18:30:20
Ahead of the June 2024 U.S. presidential debate between Biden and Trump, voters
expressed concerns about uncertainty: wars raging around the world, political
discourse continuing to be deeply polarized, and persistent inflation in the
U.S. economy, among other things. Amid this uncertainty, crypto assets are
increasingly influential in the election, as the latest survey conducted by
Harris Poll on behalf of Grayscale found. Key takeaways include:

Bitcoin’s relevance is increasing, thanks to macro dynamics and Bitcoin’s own
maturity, with nearly half of voters (47%) now expecting some of their portfolio
to include cryptocurrencies (up from 40% at the end of last year).

As in the first phase of this year’s poll, respondents ranked inflation as their
top issue in the election (28%), again highlighting the potential value of
assets with transparent and hard supply caps like Bitcoin.

Trump strongly supported cryptocurrencies during his campaign, and recent crypto
bills FIT21 and SAB 121 have also received bipartisan support in Congress. Data
from the Harris Poll supports the idea that cryptocurrencies are a bipartisan
topic of interest, with similar rates among Republicans (18%) and Democrats
(19%).
Grayscale believes that interest in Bitcoin is growing due to macro developments
and Bitcoin’s maturation as an asset. Over the past six months, voters have
shown an increasing interest in Bitcoin (41% now, compared to just 34% in
November 2023) due to geopolitical tensions, inflation, and dollar risk since
the first phase of this survey. Notably, inflation is the top issue in the
election so far, according to voters (28%), highlighting the potential value of
an asset like Bitcoin that has a transparent and hard supply cap.
Importantly, the Grayscale team added a few new questions to the survey for
consideration, and the Harris Poll found that Bitcoin-related events, including
the January 2024 U.S. spot Bitcoin ETF approval and the April 2024 halving, made
voters more interested in investing in Bitcoin and other crypto assets (18% and
20%, respectively). The approval of a Bitcoin ETF, in particular, has made 9% of
retired voters more interested in investing in Bitcoin or crypto assets.
Cryptocurrency is a bipartisan political issue
Despite Trump's greater support for cryptocurrencies during the campaign, the
data shows that cryptocurrencies are a bipartisan issue, with similar rates of
concern among Republicans (18%) and Democrats (19%).
Voters are split on which party is more supportive of the industry, as the same
percentage of voters (30% each) believe that the Democratic and Republican
positions on cryptocurrency policy are the most favorable. These findings
suggest that support for cryptocurrencies is not entirely biased toward one
party, but rather indicates a balance of interests across the political
spectrum. This is consistent with the recent bipartisan support in Congress for
SAB 121, which allows financial institutions to act as custodians for digital
assets, which could increase accessibility for cryptocurrency investors
Nonetheless, Republican voters tend to view inflation and economic issues as the
most pressing issues facing the United States (54% vs. 33% for Democrats). While
ownership levels are similar across parties, Republicans appear to place greater
emphasis on issues related to Bitcoin and cryptocurrencies (inflation and the
economy), while data shows that Democrats are more concerned about issues such
as gun violence, climate change, and income inequality relative to Republicans

Conclusion
The United States is at a fork in the road. Both candidates have different macro
policies regarding government deficits and debt, inflation and Fed independence,
and the United States’ role in the world; positions that have direct
implications for the dollar and Bitcoin.

As voters become more interested in cryptocurrencies, the next administration’s
attitude toward this emerging digital asset will be very important. This is
especially important for capturing the votes of young people, as 62% of Gen Z
and Millennial voters believe that cryptocurrencies and blockchain technology
are the future of finance. Regardless, as November approaches, it is clear that
all policymakers and candidates preparing for the 2024 election will
increasingly consider cryptocurrencies.


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Positive(9345)
Negative(289)
Robinhood Considers Listing Crypto Futures in U.S. and Europe
2024-07-02 16:45:48
Robinhood said it is considering listing crypto futures in the U.S. and Europe,
according to BBG. Once it completes its $200 million acquisition of Bitstamp
Ltd. next year, Robinhood hopes to use the Luxembourg-based cryptocurrency
exchange’s license to offer perpetual futures on Bitcoin and other tokens in
Europe.
Positive(5651)
Negative(214)
Coinbase software engineer: If the Democratic Party wants to get enough votes,
it must quickly change its attitude towards cryptocurrency
2024-07-02 02:00:14
Coinbase senior software engineer yuga.eth posted on social media that as the
Democratic Party falls into chaos, we are approaching the moment when
cryptocurrency has the greatest political influence in the United States.
Democrats have been misled by Elizabeth Warren and others to launch an unpopular
and ineffective war on cryptocurrency, which will cause them to lose thousands
of votes in key swing states. If the Democratic Party really wants to get enough
votes to avoid a disastrous defeat in November, they must quickly and radically
change their attitude towards cryptocurrency. They should immediately stop their
law enforcement and regulatory strategies, improve and pass FIT 21 in a
bipartisan manner, and revoke SAB 121. Instead, PACs that support
cryptocurrencies should use this opportunity to put pressure on them by
obtaining commitments from Democratic political leaders and policymakers to
promote financial innovation in the United States.
More >
Positive(4653)
Negative(346)
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