Skip to main content

Bitcoin Jumps Over $64,000 as Kennedy Jr. Suspends Campaign, Endorses Trump


Endorsement from Kennedy Jr.
Kennedy Jr. announced his withdrawal from the race in a press conference held at the Bitcoin Center in New York City. He cited Trump's pro-crypto policies and support for blockchain technology as his reasons for endorsing him.
Trump's Pro-Crypto Policies
During his presidency, Trump made several pro-crypto moves, including appointing a pro-crypto SEC chairman and signing an executive order to create a national blockchain strategy. He also publicly praised Bitcoin and other cryptocurrencies, calling them a "great innovation" and a "competitor" to the US dollar.
Crypto Tickers: BTC, ETH, LTC
Kennedy Jr. also lauded Trump's stance on cryptocurrency regulation, stating that he believes in a free and decentralized market for digital assets. He expressed his confidence that under a Trump administration, the US would become a leader in the crypto world.
Trending Hashtags: #Bitcoin2024, #TrumpCrypto, #KennedyEndorses
The endorsement from Kennedy Jr. has caused a stir in the crypto community, with many speculating that this could be a major boost for Bitcoin and other digital currencies. The price of Bitcoin has already seen a slight increase since the announcement, and experts predict that it could continue to rise as the 2024 election approaches.
Impact on Crypto Market
In addition to the endorsement, Kennedy Jr. also announced that he will be partnering with Trump to create a new cryptocurrency task force to advise the government on digital asset policies. This news has been met with excitement and optimism from the crypto community, who see it as a step towards a more crypto-friendly government.
Future of Crypto Under Trump
As the 2024 election draws closer, it is clear that digital assets will continue to play a significant role in the political landscape. With the endorsement from Kennedy Jr. and the potential for a pro-crypto Trump administration, the future of cryptocurrencies looks promising. Investors and enthusiasts alike will be closely watching and eagerly anticipating the developments in the crypto world under a potential Trump presidency.
Stay tuned for more updates and analysis on the intersection of politics and cryptocurrency.


Sentiment Result : Positive

Image
Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin Price Recovers After Fed Announces No Rate Hike At FOMC

📈💰The Federal Reserve announced today that it will maintain its current interest rates, citing a strong job market and moderate economic growth. This decision comes as no surprise to those in the crypto community, as many have been anticipating this outcome for weeks. However, this news may have some investors feeling slightly disappointed, as they were hoping for a rate cut to boost the market.💸💻Crypto tickers such as BTC, ETH, and XRP have been trending upwards in recent weeks, with many investors hoping for a continued bull run. However, with the Fed's decision to keep interest rates steady, some may be wondering if this will have a negative impact on the market. While it's impossible to predict the exact effect on crypto prices, it's important to remember that the Fed's decision is based on a variety of factors and not solely on the crypto market.📉🌎The Fed's decision also has implications for the stock market, with many investors closely watching the anno...
Post a Comment
Continue Reading »

Crypto Talkies July 31st 2025

As the sun sets on yet another eventful day in the cryptoverse, let’s take a moment to unpack the bustling activity that shaped today's headlines. It's been a whirlwind of legal drama, financial triumphs, and regulatory shifts, promising to keep the digital landscape as dynamic as ever. In a striking legal twist, Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill found themselves pleading guilty to unlicensed money transmission. The tool, aimed at safeguarding privacy, allegedly facilitated laundering over $100 million, leaving Rodriguez and Hill facing a five-year prison sentence. The case underscores the ongoing legal challenges within the cryptocurrency ecosystem. Meanwhile, Kraken has something to cheer about as its Q2 revenue saw an impressive 18% increase, reaching $411.6 million. However, there’s a slight dip in its adjusted EBITDA by 7%. The platform's strategic transition towards traditional finance products is worth watching as it ambitiously ...
Post a Comment
Continue Reading »

Crypto Talkies August 1st 2025

As the sun sets on another busy day in the crypto world, we cast our eyes over a landscape teeming with notable developments and intriguing currents. First off, Coinbase is making waves with its decision to diversify beyond the digital currency realm. With ambitious plans to offer tokenized U.S. stocks and delve into prediction markets, the exchange is not only ramping up its Bitcoin (BTC) reserves but is also aiming to redefine itself as a comprehensive financial market exchange. This move is indicative of Coinbase's strategic pivot to generate more diversified revenue streams. In the realm of corporate strategies, SharpLink Gaming has bolstered its Ethereum (ETH) holdings by an impressive $100 million, marking a continued trend of institutional interest in this particular cryptocurrency. Over at Strategy, formerly known as MicroStrategy, the company is celebrating record profits fueled by its substantial Bitcoin holdings amid surging crypto values. This success story has caught ...
Post a Comment
Continue Reading »