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Harris Says Her White House Will 'Invest in America's Future' Which Includes 'Digital Assets'

  • Democratic nominee Kamala Harris has made her first remarks on crypto to donors in NYC during a fundraising dinner.
  • Prediction market Polymarket is giving Harris a significant lead over Donald Trump with over $980 million bet on the platform.
  • Uniswap's Hayden Adams endorsed Harris' remarks in a thread on X.

Vice President and Democratic nominee Kamala Harris made her first remarks on crypto before donors in New York City, according to a report from Bloomberg.

"To build that opportunity economy, I will bring together labor, small business, founders and innovators, and major companies. We will partner together to invest in America's competitiveness, to invest in America's future," Bloomberg quoted Harris as saying. "We will encourage innovative technologies like AI and digital assets while protecting consumers and investors. We will create a safe business environment with consistent and transparent rules of the road."

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BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase​

The world’s largest asset manager has filed for an amendment for its Bitcoin exchange-traded fund (ETF) following widespread investor concerns over Coinbase’s onchain settlement practices.

BlackRock has filed an amendment to require Bitcoin (BTC) withdrawals within 12 hours from the ETF’s custodian, Coinbase, according to a Sept. 16 filing with the Securities and Exchange Commission (SEC).

BlackRock wrote in the filing:

“Subject to confirmation of the foregoing required minimum balance, Coinbase Custody shall process a withdrawal of Digital Assets from the Custodial Account to a public blockchain address within 12 hours of obtaining an Instruction from Client or Client’s Authorized Representatives.”

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PayPal to allow cryptocurrency buying, holding and selling for US merchants​

Sept 25 (Reuters) - PayPal Holdings (PYPL.O), opens new tab announced on Wednesday it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business accounts.

Cryptocurrency has moved from being a nascent asset class towards greater market acceptance after bitcoin exchange traded funds were approved for listing by the U.S. SEC earlier in the year.

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Binance founder Changpeng Zhao set for release after four-month prison sentence: CNBC Crypto World​

Sep 27, 2024
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Kristin Smith of Blockchain Association discusses the impact of the 2024 election on the crypto industry.


10:58

Chapters:
00:00 - CNBC Crypto World, Sept 27, 2024
0:22 - Bitcoin crosses $66,000
0:55 - The headlines
3:26 - Kristin Smith of Blockchain Association
 
CoinDesk opinion piece. Interesting.

The Paradox of the Bitcoin Maximalist

Bitcoin was created in response to the Great Financial Crisis as the people’s currency to bypass the manipulation and mismanagement of the financial systems by governments, financial institutions and special interest groups. And while there’s an ongoing debate on whether or not Bitcoin is highly concentrated, it is undeniable that it is becoming increasingly so with governments, ETFs dominated by financial institutions, corporations and major whales adding to their share on every price correction. Today, the top 15 holders of BTC possess about 7.5% of the total supply.

Somewhere along the way, an inherent paradox emerged within the Bitcoin maximalist community: believing in the ideals and purpose of Bitcoin, yet celebrating and depending upon the very institutions Bitcoin was built to circumvent.

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Bitcoin pares weekly losses after better-than-expected September jobs data: CNBC Crypto World​

Oct 4, 2024
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Sam Kessler of CoinDesk discusses his reporting that North Korean IT workers have infiltrated global crypto companies.


7:45

Chapters:
00:00 - CNBC Crypto World, Oct 4, 2024
0:23 - Bitcoin rises
1:02 - The headlines
3:01 - Sam Kessler of CoinDesk
 
HBO Is Joining Search for Bitcoin's Satoshi. Past Attempts Haven’t Turned Out Great.

HBO says it knows who Satoshi is.

The television network is releasing a documentary, "Money Electric: the Bitcoin Mystery," on Tuesday, with the claim that it will unveil the true identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin.

The documentary is directed by investigative filmmaker Cullen Hoback, who made a name for himself unmasking the leader of the QAnon conspiracy theory as 8kun site administrator Ron Watkins in a 2021 documentary series for HBO. (Watkins has denied being Q, but two separate linguistic studies found that he was, after taking the mantle from South African computer programmer Paul Furber.) If Hoback really has the investigative chops to sniff out Satoshi’s true identity, too, it would put an end to a mystery as old as Bitcoin itself.

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^^^^^

HBO Bitcoin doc ‘Money Electric’ hunts for Satoshi Nakamoto—see a first look at the trailer​

Who is Satoshi Nakamoto?

This is the burning question at the heart of the cryptocurrency space, and it has been since Bitcoin was first introduced to the world more than 15 years ago.

Satoshi Nakamoto is the moniker used by the individual (or individuals) who developed Bitcoin, published the Bitcoin white paper, and laid out a vision for how the cryptocurrency could be used to change the world. The thing is, nobody knows who Satoshi Nakamoto is. At least nobody has admitted to knowing who they are, even though some people have claimed to be Satoshi in the past.

Watch the trailer & read the rest:

 
On Tuesday, HBO premiered its documentary “Money Electric,” attempting to portray software developer and Bitcoin contributor Peter Todd as the mysterious Satoshi Nakamoto. Following the broadcast, Todd quickly took to X to set the record straight, stating, “I’m not Satoshi.” His response ignited a lively discussion across social media, with many in the crypto community dismissing the theory as subpar journalism.
...

 

Bitcoin bounces back to $62,000 as economic outlook remains in focus: CNBC Crypto World​

Oct 11, 2024

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Jeremy Allaire, CEO of Circle, provides an update on the company’s plans to go public and its strategy in a lower-rate environment.


13:19

Chapters:
00:00 - CNBC Crypto World, Oct 11, 2024
0:24 - Bitcoin climbs0:54 - The headlines
3:26 - Jeremy Allaire of Circle
 
Looking like BTC will be challenging 70K pretty soon...

Bitcoin moved to near $65,000 after Chinese stocks shrugged off mixed reactions to stimulus plans to finish the day higher. BTC traded at nearly $64,900 during the late European morning, over 3.4% higher in the last 24 hours. ... Latest announcements from the Chinese government regarding stimulus plans fell short of expectations, but the Shanghai Composite Index still closed the day over 2% higher. “Chinese equities rebounded off the weekend disappointments, so risk sentiment will likely remain in 'buy everything' mode until further notice,” Augustine Fan, head of insights at SOFA, told CoinDesk in a Telegram message.
...


More tailwinds...

Monochrome will launch Australia’s first spot ether (ETH) exchange-traded fund (ETF) on Tuesday.
...
Several countries have approved listings of spot crypto ETFs after the launch of the funds in the U.S. in January, though all have been significantly smaller in scale than their U.S. counterparts. Last week, South Korea’s news1 also reported that the country’s Financial Services Commission would consider allowing crypto ETFs.

 
Kamala Harris to Back Crypto Reg Framework in Speech Today, Campaign Says

The vice president and Democratic nominee has not said much so far about crypto during her relatively short campaign.

U.S. Vice President Kamala Harris will announce support for a "regulatory framework for cryptocurrency and other digital assets" during a campaign speech in Erie, Pa. her campaign announced Monday morning.

The remarks will be part of a broader speech detailing an "Opportunity Agenda" aimed at bolstering support for Harris among Black men, the campaign said, without going into detail on what Harris may specifically say about the digital asset industry.

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^^^ The Neon EVM announcement sounds like big news for Solana (SOL).

Also down the page is this blurb:
...
MultiversX Hires Former Cardano CMO

Adam Bates has joined MultiversX as the new chief marketing officer, "bringing with him an extensive background in scaling blockchain brands, most notably as the former CMO of Cardano,"...

I actually just sold some of my Ethereum the other day to acquire some MultiversX (EGLD) and SUI (SUI). From everything I've read, MultiversX appears to have superior technology for network scaling/growth and just needs to overcome the network effects of the older/bigger boys (ETH, SOL & SUI) on the block. It's got strong growth potential. This hire seems like a good move.
 

Bitcoin climbs 9% for its best week in more than a month: CNBC Crypto World​

Oct 18, 2024 #CNBC #cnbctv

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Chris Metinko of Crunchbase breaks down the latest VC funding data for web3 startups.


11:04

Chapters:
00:00 - CNBC Crypto World, Oct 18, 2024
0:22 - Bitcoin rises
1:03 - The headlines
3:09 - Crunchbase's Chris Metinko
 
^^^:
...
On Wednesday, the Pennsylvania House of Representatives passed a bill that protects residents' rights to self-custody digital assets, ensures their ability to use bitcoin as a payment and provides explicit guidelines around taxing bitcoin transactions. House Bill 2481, dubbed the Bitcoin Rights bill, sailed through with strong bipartisan support, winning by an overwhelming majority of 176 votes to 26. The vote included 76 Democrats and unanimous backing from all 100 Republican members.

The bill will move on to the Republican-led Pennsylvania Senate after the election and, if passed, onto Gov. Josh Shapiro’s desk.
Pennsylvania Governor Josh Shapiro

The bill, crafted by outside bitcoin advocacy group Satoshi Action Fund (SAF), is the latest effort to help lawmakers understand the nuances of blockchain technology and bitcoin. SAF has succeeded in helping write and pass similar legislation in 20 other states, with four bills becoming law in Oklahoma, Louisiana, Montana and Arkansas. The group’s main priority is to help mainstream bitcoin at the state level and encourage state lawmakers to do what the federal government has yet to do – establish some clear rules of the road for crypto and normalize it as a mode of transaction.
...

Sounds good to me, but I didn't read the (details in the) bill itself.
 


Well that's kinda interesting a month or two after the ads played on the radio I mentioned above. I can't seem to search anything now as it keeps getting blocked.

There was an article on cointelegraph and the group was Consumer's Protection
 

Why Ripple's Chris Larsen is spending millions to back the Harris campaign: CNBC Crypto World​

Oct 25, 2024 #CNBC #cnbctv

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chris Larsen, co-founder of Ripple, discusses his millions of dollars in donations to back Vice President Kamala Harris' presidential bid.


10:58

Chapters
00:00 - CNBC Crypto World, Oct 25, 2024
0:18 - Bitcoin, ether are flat
1:46 - Ripple's Chris Larsen
 
Wow. Chris Larson is either a massive idiot/fool or he thinks everyone else is one (maybe both are true). "I think the war on crypto is over." <Checks notes> No, Chris, it's still on like Donkey Kong and your efforts to suck up to the Dem regime have not enticed them to call off the dogs on Ripple either:

https://www.pmbug.com/threads/americas-war-on-crypto.5711/post-114790
 
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Protocol Village: Lisa Neigut's Base58 Gets First-Ever Bitcoin Grant From Donor-Advised Fund

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 24-30.

In today's edition: UI Charitable, Base58, Unchained, Sound Advisory, Plan B, Tether, GnosisDAO, Flare, Google Cloud Marketplace.

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@Voodoo - I still don't know what ads you are referring to, but Tether has been the subject of speculation over various fraud allegations for years for not having sufficient assets to back the stablecoin (Tether refuses to allow a full/true third party audit) and facilitating wash trading (alleged when BTC pumps, but not when BTC dumps).
 
It is probably easier to trade ETFs than the actual cryptos. I have been watching:

MSTR
MSTX
COIN
FDIG
 
Perhaps, but be aware that it's the same dynamic as buying gold in an unallocated vault service. You are trusting that the underlying asset is being custodied in good faith by a competent entity.
 
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