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U.S. Senator Cynthia Lummis, opens new tab has introduced legislation that would see the U.S. government purchase one million bitcoin, around 5% of total supply, while independent candidate... The former U.S. president and current Republican presidential candidate has pulled a complete about-face on cryptocurrency and other digital assets. With Tesla. TSLA. -0.35%. Chief Executive Elon ... Bitcoin's price spiked as high as 1.1% during a heated presidential debate that saw Donald Trump widen the gap between him and current President Joe Biden on betting markets. Were Trump to be elected, deregulated bitcoin would get a rocket boost. He has also pledged to import the roughly $13bn in government-confiscated bitcoin on to the Fed’s balance sheet. As the crypto industry gears up for the 2024 election, there’s a growing narrative that a win for former President Donald Trump could be a boon for Bitcoin and the broader digital asset space. Polls show Trump is pulling away Black support from Biden, a key group that helped him win in 2020. PRICE BLAME GAME: Both candidates predicted households would pay more if the other wins the ... Donald Trump’s recent embrace of cryptocurrency at the Bitcoin 2024 conference in Nashville marks a significant shift from the former U.S. president’s earlier skepticism. In a matter of just 24 hours this weekend, Donald J. Trump traversed two very different worlds, neither one of them his own. On Friday night, he appeared before religious leaders in West Palm ... (Bloomberg) -- Bitcoin slid as investors reacted to the US presidential debate between Democratic nominee Kamala Harris and Republican rival Donald Trump, who has embraced the crypto sector.

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