Analysis Crypto by Thebittimes.Com

Vice President Kamala Harris ended her 2024 presidential campaign with $20 million in debt, says Christopher Cadelago, the California Bureau Chief for Politico, according to two sources familiar with the matter. The Harris campaign raised over $1.09 billion in donations but had only $118 million left in October last month. Spending went out of control with high-profile events, leading to a debt of $20 million before the election. Also Read: US Housing Woes Grow Bigger As Home Affordability Crisis Deepens “Kamala Harris’s campaign ended with at least $20 million in debt, per two sources familiar. Harris raised over $1 billion and had $118 million in the bank as of Oct. 16,” tweeted Politico’s Christopher Cadelago. Kamala Harris's campaign ended with at least $20 million in debt, per two sources familiar. Harris raised over $1 billion and had $118 million in the bank as of Oct. 16. — Christopher Cadelago (@ccadelago) November 7, 2024 Also Read: Trump’s Crypt...

Dogecoin (DOGE) has displayed quite a stellar performance in October 2024. Despite a 0.5% correction in the daily charts, the asset is up 4.8% in the weekly charts, 3.2% in the 14-day charts, and nearly 40% over the previous month. DOGE’s price has also rallied by 120.8% since November 2023. Source: CoinGecko Also Read: Is Webull Good for Day Trading? Why Did Dogecoin (DOGE) Rally In October? October has historically been a bullish month for the crypto market, and this year, the historical trend was intact. Bitcoin (BTC) displayed an incredible rally by the end of last month, reclaiming the $73,000 level for the first time since March 2024. Despite reaching $73,000, BTC did not surpass its all-time high of $73,737. BTC’s rally may have pushed DOGE’s price. One of the most significant reasons for DOGE’s rally is Elon Musk’s plan to launch a Department of Government Efficiency under Donald Trump’s leadership. The new department could be shortened to DOG...

On a much-anticipated podcast episode released on Sunday, presidential candidate Donald Trump spent three hours talking to host Joe Rogan — but cryptocurrency or bitcoin weren’t mentioned once. This contentious topic has been raised more frequently by both Trump and Kamala Harris as election day looms. Recently, Harris’ attempts to win the votes of Black males backfired among the crypto community. Some were quick to point out that her administration has failed to produce concrete crypto regulations , instead alienating top firms with seemingly baseless litigation. Spent 3 hours watching Joe Rogan & Trump podcast but they didn't mention " crypto "pic.twitter.com/jyvi4lzrFq — naiive (@naiivememe) October 27, 2024 At least Trump said he’s open to the possibility of aliens. Meanwhile, Trump has made explicit attempts to rally the Bitcoin community. He has been involved in several NFT collections and, most recently, crypto pr...

During the 2024 presidential race, the discussion on a U.S. CBDC becomes more intense. Candidates’ contrasting views mirror wider concerns about privacy and government control. As of Jan. 2024, the situation regarding central bank digital currencies (CBDCs) in the U.S. is characterized by caution and gradual progression, especially when compared to the advancements made by other countries.  Currently, 11 countries have fully implemented digital currencies, while China, India, and several other countries are in the pilot phase. Source: Atlantic Council In the U.S., the development of a retail CBDC (direct-to-consumer) has seen little progress. However, there is forward movement on a wholesale CBDC, which focuses on bank-to-bank transactions.  Amid this, the Federal Reserve is approaching the idea of a digital dollar with a degree of caution. Fed Chair Jerome Powell expressed interest in a digital dollar in 2022 but also recognized the need for careful consideration ...