Recommended
Kamala Harris Campaign Embraces Crypto: First Pro-Crypto Move
The Kamala Harris campaign has started the process of changing its stance in favor of cryptocurrency. The vice president now has a 44% chance of winning the US presidency in 2024.
key Takeaways
- Congressman Ro Khanna, a Democrat, will conduct another panel on cryptocurrency.
- The roundtable will include a number of prominent businesspeople and political individuals.
- Representatives of the Kamala Harris campaign are also negotiating to attend the gathering.
Resetting ties with the cryptocurrency business is allegedly something Vice President Kamala Harris is trying to do, which is a controversial and strategically questionable decision. A crucial meeting is scheduled to take place in Washington this week at the invitation of California Congressman Ro Khanna. Leaders in the cryptocurrency business and influential politicians will convene at the roundtable.
Will Kamala Harris Join Ro Khanna’s Crypto Roundtable?
Democrats will be represented at the crypto roundtable. Moreover, FOX News journalist Eleanor Terrett has the scoop that Kamala Harris’s campaign representatives would also be there. This initiative signifies a notable policy shift, as pro-crypto Democrats are making a comeback with the business.
The effort by Kamala Harris to change her mind about cryptocurrencies has not been a bed of roses. Bill Hagerty, a senator from Tennessee, has expressed deep doubt over Harris’s new approach. In his statement, he said:
After seeing President Trump’s enormous success at the Bitcoin conference in Nashville, it’s not surprising that Kamala Harris is, like she has done on numerous other occasions, desperately trying to seem pro-crypto in order to appear on television.
In addition, Senator Hagerty voiced his disapproval of the anti-crypto actions enacted by the Biden-Harris administration. “Egregiously anti-crypto and anti-innovation” was how he characterized them. Senator Hagerty went on to say that the administration’s previous acts are in odds with Harris’s current position.
“Unfortunately for her, what could have been is weighed down by the three and a half years of horrific anti-crypto and anti-innovation policies of the Biden-Harris Administration,” he said.
No amount of Harris’s about-face will sway the crypto community, which, in Hagerty’s view, embraces Republican principles of liberty and creativity. He made the case that the GOP has a greater standing among crypto fans by referencing the warm reception of former President Trump at the recent Bitcoin Nashville 2024 event. “No last-ditch effort from Kamala will change that—the Republican Party is the party of crypto,” Hagerty concluded.
Download App for Android | Download App for iOS |
Win Chances for Harris Rise
A change in favor of Harris has occurred in the political trading market Polymarket, notwithstanding Hagerty’s objections. Her odds have increased by more than 16% in the last 10 days, but Donald Trump’s have declined by the same amount. The race is becoming increasingly close; Trump has 54% of the vote and Harris 44%.
Democratic Congressman Ro Khanna convened a roundtable meeting on cryptocurrency regulation earlier in July. Notable guests included Mark Cuban, CEO of Ripple, and Brad Garlinghouse. Khanna was upbeat about the results that could come out of these talks.
He said the gathering would pave the way for a strong crypto regulatory framework in the US. Garlinghouse lauded Khanna on social media, but details about the meeting are scarce. He is a “remarkable” leader who has invested in the cryptocurrency sector, according to Ripple’s CEO.
Crypto industry heavyweights have mixed feelings about the Harris campaign’s newfound support for the cryptocurrency. Gemini co-founder Tyler Winklevoss encouraged Kamala Harris to dismiss Gary Gensler, although he was dubious about the move. “Speech is cheap,” he declared. To begin, she should terminate Gary Gensler’s employment without delay, stop Operation Chokepoint 2.0, and halt all SEC enforcement efforts against law-abiding actors.
Where to Trade Crypto Futures?
You can trade crypto futures on BTCC Now. Over 300 USDT-margined perpetual trading pairs are available for users to trade, including many popular altcoins and meme-coins.
You can deposit and receive up to 10,055 USDT now when you sign up and verify your account on BTCC Every new user gets a 10 USDT coupon after completing their registration. You will also get an additional 20 USDT coupon on completing your KYC verification.
Download App for Android | Download App for iOS |
About BTCC
BTCC is a leading cryptocurrency trading platform that is distinguished by its ability to balance the simplicity of use with advanced features. It provides a comprehensive educational program through the BTCC Academy, 24/7 customer support, and robust security to both novices and experts. BTCC is a top choice for digital asset investors due to its emphasis on user contentment, which fosters a secure and informed trading environment across a variety of cryptocurrencies.
BTCC is one of the few exchanges in the market that offers high-leverage options for investors and concentrates extensively on futures trading. Users have access to more than 300 USDT-margined perpetual trading pairs, which encompass numerous prominent altcoins and meme-coins. Additionally, the platform has recently implemented spot trading to facilitate novice users who may not be acquainted with futures trading.
- Established Reputation: BTCC is one of the oldest and most well-known cryptocurrency exchanges, having been operational since 2011. Its history in the market enhances its credibility and trustworthiness.
- A Diverse Selection of Cryptocurrencies: BTCC allows customers to access and exchange a wide range of digital assets.
- Margin and Futures Trading: BTCC provides margin and futures trading options, allowing customers to expand their trading holdings and potentially increase their profits.
- Proficient Trading Instruments: such as real-time market data, trading charts, and technical analysis indicators. These tools can help users make informed trading decisions.
- Security Measures: BTCC values security and uses a variety of safeguards to secure customer payments and information. This includes two-factor authentication (2FA) and cold storage of cryptocurrency assets.
BTCC Guide:
- How to Trade Crypto Futures Contracts on BTCC
- BTCC Guide-How to Deposit Crypto on BTCC?
- What is Crypto Futures Trading – Beginner’s Guide
- What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
- BTCC Review 2024: Best Crypto Futures Exchange
Crypto Buying Guides:
- How To Buy Bitcoin (BTC)
- How To Buy Picoin
- How To Buy Ethereum (ETH)
- How To Buy Dogecoin (DOGE)
- How To Buy Pepe Coin (PEPE)
- How To Buy Ripple (XRP)
Crypto Prediction:
- Ethereum (ETH) Price Prediction 2024, 2025, 2030 — Will ETH Reach $10,000?
- Ethereum Price Prediction 2024, 2025, 2030: How High Can ETH Go in 2024?
- Bitcoin (BTC) Price Prediction 2024, 2025, 2030 — Is BTC a Good Investment?
- Ripple (XRP) Price Prediction 2024, 2025, 2030 — Will XRP Reach $1 After SEC Lawsuit?
- Pi Coin Price Prediction 2024,2025,2030 — Is Pi Coin a Good Buy?
- Pepe (PEPE) Price Prediction 2024, 2025, 2030 – Will PEPE Reach $1
Register now to begin your crypto journey
Download the BTCC app via App Store or Google Play
Follow us
Scan to download
- Terms & Agreement
Quick Links
Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
The world’s longest-running cryptocurrency exchange since 2011 © 2011-2024 BTCC.com. All rights reserved
Comments
Leave a comment
Your email address will not be published. Required fields are marked with an asterisk (*).
Comment*
Name*
Email address*