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More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The financial world is abuzz with speculation about President Joe Biden's potential withdrawal from the 2024 presidential race. Investors are now scrambling to prepare for various economic scenarios should a new Democratic candidate emerge.<\/p>\n\n\n\n

The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

In recent weeks, Harris has endeared herself to crypto voters, saying she intends to support digital assets. Still, Trump trails Harris in Nevada based on the Polymarket contract, a state traditionally known to hold a lot of predictive power on U.S. election results.<\/p>\n","post_title":"Trump Leads Harris On Polymarket As Musk Factor Cements Crypto Issue In Poll Contest","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-leads-harris-on-polymarket-as-musk-factor-cements-crypto-issue-in-poll-contest","to_ping":"","pinged":"","post_modified":"2024-10-11 20:17:07","post_modified_gmt":"2024-10-11 09:17:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17742,"post_author":"18","post_date":"2024-07-16 05:30:15","post_date_gmt":"2024-07-15 19:30:15","post_content":"\n

The financial world is abuzz with speculation about President Joe Biden's potential withdrawal from the 2024 presidential race. Investors are now scrambling to prepare for various economic scenarios should a new Democratic candidate emerge.<\/p>\n\n\n\n

The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

While it remains to be seen who wins the hotly contested seat, crypto has been a thorny topic for the 2024 presidential elections. Trump has publicly endorsed crypto<\/a>, while Harris has largely kept silent.\u00a0<\/p>\n\n\n\n

In recent weeks, Harris has endeared herself to crypto voters, saying she intends to support digital assets. Still, Trump trails Harris in Nevada based on the Polymarket contract, a state traditionally known to hold a lot of predictive power on U.S. election results.<\/p>\n","post_title":"Trump Leads Harris On Polymarket As Musk Factor Cements Crypto Issue In Poll Contest","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-leads-harris-on-polymarket-as-musk-factor-cements-crypto-issue-in-poll-contest","to_ping":"","pinged":"","post_modified":"2024-10-11 20:17:07","post_modified_gmt":"2024-10-11 09:17:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17742,"post_author":"18","post_date":"2024-07-16 05:30:15","post_date_gmt":"2024-07-15 19:30:15","post_content":"\n

The financial world is abuzz with speculation about President Joe Biden's potential withdrawal from the 2024 presidential race. Investors are now scrambling to prepare for various economic scenarios should a new Democratic candidate emerge.<\/p>\n\n\n\n

The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\u201cTrump is now leading Kamala by 3% in the betting market. More accurate than polls, as actual money is on the line.\u201d<\/em><\/p>\n\n\n\n

While it remains to be seen who wins the hotly contested seat, crypto has been a thorny topic for the 2024 presidential elections. Trump has publicly endorsed crypto<\/a>, while Harris has largely kept silent.\u00a0<\/p>\n\n\n\n

In recent weeks, Harris has endeared herself to crypto voters, saying she intends to support digital assets. Still, Trump trails Harris in Nevada based on the Polymarket contract, a state traditionally known to hold a lot of predictive power on U.S. election results.<\/p>\n","post_title":"Trump Leads Harris On Polymarket As Musk Factor Cements Crypto Issue In Poll Contest","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-leads-harris-on-polymarket-as-musk-factor-cements-crypto-issue-in-poll-contest","to_ping":"","pinged":"","post_modified":"2024-10-11 20:17:07","post_modified_gmt":"2024-10-11 09:17:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17742,"post_author":"18","post_date":"2024-07-16 05:30:15","post_date_gmt":"2024-07-15 19:30:15","post_content":"\n

The financial world is abuzz with speculation about President Joe Biden's potential withdrawal from the 2024 presidential race. Investors are now scrambling to prepare for various economic scenarios should a new Democratic candidate emerge.<\/p>\n\n\n\n

The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The Polymarket predictions come when the New York Times<\/a> national polling averages predict a Harris win of 49% against Trump\u2019s 47%. However, Trump\u2019s tech billionaire supporter Musk believes the betting market odds are more accurate than the polls. He said:\u00a0<\/p>\n\n\n\n

\u201cTrump is now leading Kamala by 3% in the betting market. More accurate than polls, as actual money is on the line.\u201d<\/em><\/p>\n\n\n\n

While it remains to be seen who wins the hotly contested seat, crypto has been a thorny topic for the 2024 presidential elections. Trump has publicly endorsed crypto<\/a>, while Harris has largely kept silent.\u00a0<\/p>\n\n\n\n

In recent weeks, Harris has endeared herself to crypto voters, saying she intends to support digital assets. Still, Trump trails Harris in Nevada based on the Polymarket contract, a state traditionally known to hold a lot of predictive power on U.S. election results.<\/p>\n","post_title":"Trump Leads Harris On Polymarket As Musk Factor Cements Crypto Issue In Poll Contest","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-leads-harris-on-polymarket-as-musk-factor-cements-crypto-issue-in-poll-contest","to_ping":"","pinged":"","post_modified":"2024-10-11 20:17:07","post_modified_gmt":"2024-10-11 09:17:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17742,"post_author":"18","post_date":"2024-07-16 05:30:15","post_date_gmt":"2024-07-15 19:30:15","post_content":"\n

The financial world is abuzz with speculation about President Joe Biden's potential withdrawal from the 2024 presidential race. Investors are now scrambling to prepare for various economic scenarios should a new Democratic candidate emerge.<\/p>\n\n\n\n

The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

More Accurate Than Polls \u2013 Musk<\/h2>\n\n\n\n

The Polymarket predictions come when the New York Times<\/a> national polling averages predict a Harris win of 49% against Trump\u2019s 47%. However, Trump\u2019s tech billionaire supporter Musk believes the betting market odds are more accurate than the polls. He said:\u00a0<\/p>\n\n\n\n

\u201cTrump is now leading Kamala by 3% in the betting market. More accurate than polls, as actual money is on the line.\u201d<\/em><\/p>\n\n\n\n

While it remains to be seen who wins the hotly contested seat, crypto has been a thorny topic for the 2024 presidential elections. Trump has publicly endorsed crypto<\/a>, while Harris has largely kept silent.\u00a0<\/p>\n\n\n\n

In recent weeks, Harris has endeared herself to crypto voters, saying she intends to support digital assets. Still, Trump trails Harris in Nevada based on the Polymarket contract, a state traditionally known to hold a lot of predictive power on U.S. election results.<\/p>\n","post_title":"Trump Leads Harris On Polymarket As Musk Factor Cements Crypto Issue In Poll Contest","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-leads-harris-on-polymarket-as-musk-factor-cements-crypto-issue-in-poll-contest","to_ping":"","pinged":"","post_modified":"2024-10-11 20:17:07","post_modified_gmt":"2024-10-11 09:17:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17742,"post_author":"18","post_date":"2024-07-16 05:30:15","post_date_gmt":"2024-07-15 19:30:15","post_content":"\n

The financial world is abuzz with speculation about President Joe Biden's potential withdrawal from the 2024 presidential race. Investors are now scrambling to prepare for various economic scenarios should a new Democratic candidate emerge.<\/p>\n\n\n\n

The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

More Accurate Than Polls \u2013 Musk<\/h2>\n\n\n\n

The Polymarket predictions come when the New York Times<\/a> national polling averages predict a Harris win of 49% against Trump\u2019s 47%. However, Trump\u2019s tech billionaire supporter Musk believes the betting market odds are more accurate than the polls. He said:\u00a0<\/p>\n\n\n\n

\u201cTrump is now leading Kamala by 3% in the betting market. More accurate than polls, as actual money is on the line.\u201d<\/em><\/p>\n\n\n\n

While it remains to be seen who wins the hotly contested seat, crypto has been a thorny topic for the 2024 presidential elections. Trump has publicly endorsed crypto<\/a>, while Harris has largely kept silent.\u00a0<\/p>\n\n\n\n

In recent weeks, Harris has endeared herself to crypto voters, saying she intends to support digital assets. Still, Trump trails Harris in Nevada based on the Polymarket contract, a state traditionally known to hold a lot of predictive power on U.S. election results.<\/p>\n","post_title":"Trump Leads Harris On Polymarket As Musk Factor Cements Crypto Issue In Poll Contest","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-leads-harris-on-polymarket-as-musk-factor-cements-crypto-issue-in-poll-contest","to_ping":"","pinged":"","post_modified":"2024-10-11 20:17:07","post_modified_gmt":"2024-10-11 09:17:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17742,"post_author":"18","post_date":"2024-07-16 05:30:15","post_date_gmt":"2024-07-15 19:30:15","post_content":"\n

The financial world is abuzz with speculation about President Joe Biden's potential withdrawal from the 2024 presidential race. Investors are now scrambling to prepare for various economic scenarios should a new Democratic candidate emerge.<\/p>\n\n\n\n

The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Trump's lead comes just two days after tech billionaire Elon Musk<\/a> first appeared at Trump's rally in Butler, Pennsylvania, where the former president dodged an assassination attempt. Harris had led the Polymarket prediction for a large part of September, although Trump bets have grown this month as the crypto issue grows as a campaign platform.\u00a0<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

More Accurate Than Polls \u2013 Musk<\/h2>\n\n\n\n

The Polymarket predictions come when the New York Times<\/a> national polling averages predict a Harris win of 49% against Trump\u2019s 47%. However, Trump\u2019s tech billionaire supporter Musk believes the betting market odds are more accurate than the polls. He said:\u00a0<\/p>\n\n\n\n

\u201cTrump is now leading Kamala by 3% in the betting market. More accurate than polls, as actual money is on the line.\u201d<\/em><\/p>\n\n\n\n

While it remains to be seen who wins the hotly contested seat, crypto has been a thorny topic for the 2024 presidential elections. Trump has publicly endorsed crypto<\/a>, while Harris has largely kept silent.\u00a0<\/p>\n\n\n\n

In recent weeks, Harris has endeared herself to crypto voters, saying she intends to support digital assets. Still, Trump trails Harris in Nevada based on the Polymarket contract, a state traditionally known to hold a lot of predictive power on U.S. election results.<\/p>\n","post_title":"Trump Leads Harris On Polymarket As Musk Factor Cements Crypto Issue In Poll Contest","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-leads-harris-on-polymarket-as-musk-factor-cements-crypto-issue-in-poll-contest","to_ping":"","pinged":"","post_modified":"2024-10-11 20:17:07","post_modified_gmt":"2024-10-11 09:17:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17742,"post_author":"18","post_date":"2024-07-16 05:30:15","post_date_gmt":"2024-07-15 19:30:15","post_content":"\n

The financial world is abuzz with speculation about President Joe Biden's potential withdrawal from the 2024 presidential race. Investors are now scrambling to prepare for various economic scenarios should a new Democratic candidate emerge.<\/p>\n\n\n\n

The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Decentralized prediction market platform Polymarket has given Donald Trump 50.6% odds of winning the upcoming elections. His democratic competitor, current Vice President Kamara Harris, has a 48.4% chance.<\/p>\n\n\n\n

Trump's lead comes just two days after tech billionaire Elon Musk<\/a> first appeared at Trump's rally in Butler, Pennsylvania, where the former president dodged an assassination attempt. Harris had led the Polymarket prediction for a large part of September, although Trump bets have grown this month as the crypto issue grows as a campaign platform.\u00a0<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

More Accurate Than Polls \u2013 Musk<\/h2>\n\n\n\n

The Polymarket predictions come when the New York Times<\/a> national polling averages predict a Harris win of 49% against Trump\u2019s 47%. However, Trump\u2019s tech billionaire supporter Musk believes the betting market odds are more accurate than the polls. He said:\u00a0<\/p>\n\n\n\n

\u201cTrump is now leading Kamala by 3% in the betting market. More accurate than polls, as actual money is on the line.\u201d<\/em><\/p>\n\n\n\n

While it remains to be seen who wins the hotly contested seat, crypto has been a thorny topic for the 2024 presidential elections. Trump has publicly endorsed crypto<\/a>, while Harris has largely kept silent.\u00a0<\/p>\n\n\n\n

In recent weeks, Harris has endeared herself to crypto voters, saying she intends to support digital assets. Still, Trump trails Harris in Nevada based on the Polymarket contract, a state traditionally known to hold a lot of predictive power on U.S. election results.<\/p>\n","post_title":"Trump Leads Harris On Polymarket As Musk Factor Cements Crypto Issue In Poll Contest","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-leads-harris-on-polymarket-as-musk-factor-cements-crypto-issue-in-poll-contest","to_ping":"","pinged":"","post_modified":"2024-10-11 20:17:07","post_modified_gmt":"2024-10-11 09:17:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17742,"post_author":"18","post_date":"2024-07-16 05:30:15","post_date_gmt":"2024-07-15 19:30:15","post_content":"\n

The financial world is abuzz with speculation about President Joe Biden's potential withdrawal from the 2024 presidential race. Investors are now scrambling to prepare for various economic scenarios should a new Democratic candidate emerge.<\/p>\n\n\n\n

The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

Crypto regulation status in the U.S.<\/h2>\n\n\n\n

Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

\"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

\"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
  • Elon Musk endorsed the former U.S. president over the weekend.<\/li>\n<\/ul>\n\n\n\n

    Decentralized prediction market platform Polymarket has given Donald Trump 50.6% odds of winning the upcoming elections. His democratic competitor, current Vice President Kamara Harris, has a 48.4% chance.<\/p>\n\n\n\n

    Trump's lead comes just two days after tech billionaire Elon Musk<\/a> first appeared at Trump's rally in Butler, Pennsylvania, where the former president dodged an assassination attempt. Harris had led the Polymarket prediction for a large part of September, although Trump bets have grown this month as the crypto issue grows as a campaign platform.\u00a0<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

    More Accurate Than Polls \u2013 Musk<\/h2>\n\n\n\n

    The Polymarket predictions come when the New York Times<\/a> national polling averages predict a Harris win of 49% against Trump\u2019s 47%. However, Trump\u2019s tech billionaire supporter Musk believes the betting market odds are more accurate than the polls. He said:\u00a0<\/p>\n\n\n\n

    \u201cTrump is now leading Kamala by 3% in the betting market. More accurate than polls, as actual money is on the line.\u201d<\/em><\/p>\n\n\n\n

    While it remains to be seen who wins the hotly contested seat, crypto has been a thorny topic for the 2024 presidential elections. Trump has publicly endorsed crypto<\/a>, while Harris has largely kept silent.\u00a0<\/p>\n\n\n\n

    In recent weeks, Harris has endeared herself to crypto voters, saying she intends to support digital assets. Still, Trump trails Harris in Nevada based on the Polymarket contract, a state traditionally known to hold a lot of predictive power on U.S. election results.<\/p>\n","post_title":"Trump Leads Harris On Polymarket As Musk Factor Cements Crypto Issue In Poll Contest","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-leads-harris-on-polymarket-as-musk-factor-cements-crypto-issue-in-poll-contest","to_ping":"","pinged":"","post_modified":"2024-10-11 20:17:07","post_modified_gmt":"2024-10-11 09:17:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17742,"post_author":"18","post_date":"2024-07-16 05:30:15","post_date_gmt":"2024-07-15 19:30:15","post_content":"\n

    The financial world is abuzz with speculation about President Joe Biden's potential withdrawal from the 2024 presidential race. Investors are now scrambling to prepare for various economic scenarios should a new Democratic candidate emerge.<\/p>\n\n\n\n

    The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

    The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

    If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

    Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

    The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

    Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

    As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

    The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

    The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

    A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

    The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

    It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

    The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

    Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

    On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

    Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

    A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

    Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

    The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

    The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

    Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

    Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

    Crypto regulation status in the U.S.<\/h2>\n\n\n\n

    Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

    On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

    Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

    \"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

    Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

    Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

    \"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

    More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

    Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • Trump is ahead of Harris by over 2.2% on Polymarket but trails on a key state.<\/li>\n\n\n\n
  • Elon Musk endorsed the former U.S. president over the weekend.<\/li>\n<\/ul>\n\n\n\n

    Decentralized prediction market platform Polymarket has given Donald Trump 50.6% odds of winning the upcoming elections. His democratic competitor, current Vice President Kamara Harris, has a 48.4% chance.<\/p>\n\n\n\n

    Trump's lead comes just two days after tech billionaire Elon Musk<\/a> first appeared at Trump's rally in Butler, Pennsylvania, where the former president dodged an assassination attempt. Harris had led the Polymarket prediction for a large part of September, although Trump bets have grown this month as the crypto issue grows as a campaign platform.\u00a0<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

    More Accurate Than Polls \u2013 Musk<\/h2>\n\n\n\n

    The Polymarket predictions come when the New York Times<\/a> national polling averages predict a Harris win of 49% against Trump\u2019s 47%. However, Trump\u2019s tech billionaire supporter Musk believes the betting market odds are more accurate than the polls. He said:\u00a0<\/p>\n\n\n\n

    \u201cTrump is now leading Kamala by 3% in the betting market. More accurate than polls, as actual money is on the line.\u201d<\/em><\/p>\n\n\n\n

    While it remains to be seen who wins the hotly contested seat, crypto has been a thorny topic for the 2024 presidential elections. Trump has publicly endorsed crypto<\/a>, while Harris has largely kept silent.\u00a0<\/p>\n\n\n\n

    In recent weeks, Harris has endeared herself to crypto voters, saying she intends to support digital assets. Still, Trump trails Harris in Nevada based on the Polymarket contract, a state traditionally known to hold a lot of predictive power on U.S. election results.<\/p>\n","post_title":"Trump Leads Harris On Polymarket As Musk Factor Cements Crypto Issue In Poll Contest","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-leads-harris-on-polymarket-as-musk-factor-cements-crypto-issue-in-poll-contest","to_ping":"","pinged":"","post_modified":"2024-10-11 20:17:07","post_modified_gmt":"2024-10-11 09:17:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17742,"post_author":"18","post_date":"2024-07-16 05:30:15","post_date_gmt":"2024-07-15 19:30:15","post_content":"\n

    The financial world is abuzz with speculation about President Joe Biden's potential withdrawal from the 2024 presidential race. Investors are now scrambling to prepare for various economic scenarios should a new Democratic candidate emerge.<\/p>\n\n\n\n

    The uncertainty surrounding Biden's candidacy has already begun to impact markets. As reported by Reuters<\/a>, bond yields saw an uptick following the President's widely criticized performance in the first presidential TV debate against Republican rival Donald Trump. This shift reflects growing investor belief in a possible Trump return to the White House, with expectations of higher fiscal deficits and inflationary policies.<\/p>\n\n\n\n

    The stock market, meanwhile, has shown resilience. The S&P 500 has gained over 1% since the debate, potentially buoyed by the prospect of a more business-friendly administration. However, experts caution that historical data doesn't guarantee a clear winner for markets based on party affiliation alone.<\/p>\n\n\n\n

    If Biden were to step aside, Vice President Kamala Harris is widely seen as the frontrunner to take his place. Some market analysts suggest that a Harris candidacy might not significantly alter the current administration's economic policy platform. However, the mere possibility of a candidate change is injecting uncertainty into market forecasts.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Biden\u2019s Administration Outlines Roadmap to Mitigate Crypto Risks<\/a><\/p>\n\n\n\n

    Democratic Nominee And Economic Issues<\/h2>\n\n\n\n

    The potential for a new Democratic nominee raises questions about key economic issues such as trade policies, regulations, and fiscal strategies. Investors are particularly focused on the fate of current tax policies and potential changes to tariffs, especially concerning Chinese goods.<\/p>\n\n\n\n

    Looking ahead, the market implications of this political uncertainty are complex. A short-term sell-off in stocks is possible due to the heightened unpredictability, especially given current high market valuations. However, some analysts suggest that a tighter race could lead to a divided government scenario, which markets often view favorably as it typically results in less dramatic policy shifts.<\/p>\n\n\n\n

    As the 2024 election landscape continues to evolve, investors and market watchers will need to stay alert to potential policy changes and their economic impacts. The coming months promise to be a crucial period for both political developments and market movements, with each likely to significantly influence the other.<\/p>\n\n\n\n

    The interplay between politics and markets in the lead-up to the 2024 election will undoubtedly provide a fascinating case study for years to come, potentially reshaping our understanding of how political events influence economic outcomes.<\/p>\n","post_title":"Market Speculation Grows Amid White House Race Uncertainty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"market-speculation-grows-amid-white-house-race-uncertainty","to_ping":"","pinged":"","post_modified":"2024-07-16 05:30:19","post_modified_gmt":"2024-07-15 19:30:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17742","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17517,"post_author":"15","post_date":"2024-06-24 01:43:03","post_date_gmt":"2024-06-23 15:43:03","post_content":"\n

    The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump's presidential campaign. The donations were said to exceed the maximum legal amount.<\/p>\n\n\n\n

    A Bloomberg report <\/a>indicated that the excess donations were refunded, citing an anonymous campaign official.<\/p>\n\n\n\n

    The twins had individually announced<\/a> donations totaling $2 million in Bitcoin on social media. It surpasses the $844,600 per person legal limit that the Trump committee can accept.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/tyler\/status\/1803872859938549920\n<\/div><\/figure>\n\n\n\n

    It is unclear if the Trump 47 Committee, which usually handles larger contributions, returned the excess amount in Bitcoin or converted it to cash.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Trump Pledges To Accept Cryptocurrency For Campaign Donations<\/a><\/p>\n\n\n\n

    The report states that the donations are distributed among Trump\u2019s campaign, a political action committee covering his legal expenses, the Republican National Committee, and 42 GOP state party committees.<\/p>\n\n\n\n

    Donald Trump Accepts Crypto Donations<\/h2>\n\n\n\n

    On May 21, Donald J. Trump's presidential campaign began accepting crypto donations. On the website<\/a>, you can choose between Coinbase, Gemini, or Anedot. Crypto that was accepted includes BTC, ETH, SOL, USDC, XRP, DOGE, ZRX, and SHIB.<\/p>\n\n\n\n

    Donald Trump\u2019s embrace of cryptocurrency donations for his presidential campaign marks a significant shift in his approach to digital assets. This acceptance aligns with a broader trend among political candidates seeking to attract support from the growing crypto industry.<\/p>\n","post_title":"Winklevoss Twins Refunded After Bitcoin Donations Exceed Legal Limits For Trump Campaign","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"winklevoss-twins-refunded-after-bitcoin-donations-exceed-legal-limits-for-trump-campaign","to_ping":"","pinged":"","post_modified":"2024-06-24 01:43:07","post_modified_gmt":"2024-06-23 15:43:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17517","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17164,"post_author":"15","post_date":"2024-06-07 01:58:38","post_date_gmt":"2024-06-06 15:58:38","post_content":"\n

    A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll results<\/a> published on Tuesday, 44% of U.S. voters who don't currently own crypto are waiting for additional policies and regulations before investing.<\/p>\n\n\n\n

    Grayscale noted in its report that there have been notable shifts in interest and perception regarding cryptocurrency ownership. The voters are considering crypto's role in the political landscape, especially as the 2024 U.S. election approaches.<\/p>\n\n\n\n

    The survey revealed that 65% of respondents view having Bitcoin in their portfolio as \"an investment in the future of blockchain technology,\" 53% see it as \"a way to pay for things digitally,\" 43% consider it a \"speculative investment,\" and 36% regard Bitcoin as \"a digital form of gold or a hedge against inflation.\"<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/Grayscale\/status\/1795545634692624857\n<\/div><\/figure>\n\n\n\n

    The Harris Poll surveyed for Grayscale between April 30 and May 2, gathering insights from 1,768 adult online respondents who plan to vote in the upcoming 2024 U.S. Presidential election.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected<\/a><\/p>\n\n\n\n

    Grayscale's findings show that 47% of respondents expect to include crypto in their portfolios in the future, up from 40% in November. Interest in Bitcoin and other cryptocurrencies has risen to 41%, driven by geopolitical tensions, inflation, and a weakening U.S. dollar, compared to 34% six months ago.<\/p>\n\n\n\n

    Millennial and Gen Z voters show strong interest, with 62% agreeing that crypto is the \"future of finance.\" This interest is partly due to the successful launch of U.S. spot Bitcoin ETFs in January, which have attracted $13.7 billion in net flows since their introduction. Nearly one-third of voters reported increased interest in crypto following the ETFs' regulatory approval.<\/p>\n\n\n\n

    Crypto regulation status in the U.S.<\/h2>\n\n\n\n

    Recent bipartisan support for pro-crypto legislation in the House and Senate underscores the growing acceptance of crypto's legitimacy. Ex-President Donald Trump has also shifted to a pro-crypto stance, pledging to protect citizens' rights to own Bitcoin against crypto-hostile opponents.<\/p>\n\n\n\n

    On July 20, 2023, several U.S. Representatives, including Chairman Glenn \"GT\" Thompson and others, introduced H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21). Chairman Patrick McHenry also supports this bill. FIT21 aims to create clear federal rules for digital asset markets. It ensures strong consumer protections and regulatory clarity, helping the digital asset industry grow in the U.S. and maintaining America's leading role in global finance and innovation.<\/p>\n","post_title":"Survey Shows Rising Interest In Crypto Ahead Of 2024 Election, Says Grayscale","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"survey-shows-rising-interest-in-crypto-ahead-of-2024-election-says-grayscale","to_ping":"","pinged":"","post_modified":"2024-06-07 01:58:44","post_modified_gmt":"2024-06-06 15:58:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17113,"post_author":"15","post_date":"2024-05-29 19:51:36","post_date_gmt":"2024-05-29 09:51:36","post_content":"\n

    Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election.<\/p>\n\n\n\n

    \"If you vote for me, on day one I will commute the sentence of Ross Ulbricht,\" <\/em>Trump announced <\/a>at the Libertarian Party\u2019s National Convention in Washington on May 25. \"He's already served 11 years, we're going to get him home,\" <\/em>he added.<\/p>\n\n\n\n

    Silk Road, launched in 2011, was operated by Ulbricht under the alias \u201cDread Pirate Roberts.\u201d The FBI seized his laptop on October 1, 2013, and Ulbricht was convicted in 2015 on multiple charges related to the Silk Road\u2019s operations. He received a sentence of two life terms plus forty years without the possibility of parole.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon<\/a><\/p>\n\n\n\n

    Trump also highlighted his support for cryptocurrency, a shift from his previous critical stance on digital assets earlier this year. \"I will ensure that the future of crypto and Bitcoin is built in the USA, not pushed overseas,\" he said, pledging to protect those who hold crypto outside centralized exchanges.<\/p>\n\n\n\n

    \"I will defend the right to self-custody for the nation's 50 million crypto holders. With your vote, I'll keep Elizabeth Warren and her allies away from your Bitcoin,\" <\/em>he added, marking a significant change from his previous comments labeling Bitcoin a scam during his presidency.<\/p>\n\n\n\n

    More to Trump's Pro-Crypto stance<\/h2>\n\n\n\n

    Former President Donald Trump has expressed strong support for cryptocurrency self-custody and has pledged to prevent the creation of a central bank digital currency (CBDC). Trump has promised to protect the rights of individuals to hold their crypto assets outside of centralized exchanges, stating that he will safeguard the interests of the nation\u2019s 50 million crypto holders. Additionally, he vowed to oppose the implementation of a CBDC, aligning his stance with the pro-crypto community and positioning himself against increasing governmental control over digital currencies.<\/p>\n","post_title":"Trump Vows To Pardon Silk Road Founder Ross Ulbricht If Re-Elected","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-vows-to-pardon-silk-road-founder-ross-ulbricht-if-re-elected","to_ping":"","pinged":"","post_modified":"2024-05-29 19:51:41","post_modified_gmt":"2024-05-29 09:51:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17113","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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