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DeepNewz, mobile.
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The cryptocurrency sector is becoming a significant political issue in the upcoming U.S. presidential election. High-profile figures like Mark Cuban and Donald Trump are actively discussing crypto policies, with Trump positioning himself as a pro-crypto candidate. Cuban has criticized the SEC under Gary Gensler's leadership, suggesting that its stringent regulations could alienate crypto users and potentially influence the election outcome. This sentiment is echoed by various stakeholders in the crypto community who express concerns about the current administration's approach to crypto regulation. The debate highlights the growing importance of crypto as a single-issue voter concern, reflecting its broader impact on economic and political landscapes.
The #Bitcoin price maintains its sideways movement as bears persist in selling during rallies. With a potential loss exceeding 4% for the week, the longer $BTC hovers around $60k, the higher the likelihood of a downward breakout. 📉🧵 https://t.co/mWx52v6gRO
Any time someone starts off with they’re not an ETH/BTC maxi, they’re poisoning the well they can’t make a point stand on its own so they paint any opposition as wild eyed libertarians they just turned me into a single issue voter: you’re either for crypto or against it https://t.co/UbuQNEnfAU https://t.co/Oe3nn6cYrN
Crypto, as with anything involving money and incumbents, is already 100% political. The Democrats have leaned anti-crypto, so T***p is suddenly pro crypto despite a history of crypto hostile statements. Everything has to be us vs. them.
