The leading cryptocurrency has reached a new all-time high near $75,000 as Donald Trump was confirmed as the winner of the U.S. presidential election. Trump was elected as the 47th president of the United States, marking a remarkable political comeback for the former president, who previously refused to accept defeat, incited an insurrection at the […]
Dow Stocks Rise 1,255 Points on Trump’s White House Win
U.S. stock index futures surged Wednesday following Donald Trump’s election as the 47th President of the United States, as Republicans appeared on course to control both the Senate and the House of Representatives. At the start of trading, Dow Jones futures were up nearly 1,255 points, up 3%, S&P 500 futures were up 133 points, […]
Ripple Co-Founder Pledges $10 Million to Kamala Harris’ Campaign
Ripple co-founder Chris Larsen has recently contributed more than $10 million to fund the U.S. presidential campaign of Democratic candidate Kamala Harris. Harris Campaign Funding The recent revelations about these donations come from several reports released today, citing data submitted by the U.S. Federal Election Commission (FEC). According to this information, Larsen has donated approximately […]
Cryptocurrencies Lead Spending in U.S. Elections
The cryptocurrency industry is influencing this year’s elections, to which it has contributed $119 million. Cryptocurrencies as major political backers Cryptocurrency companies have morphed into the biggest political funders of federal elections, contributing nearly half of the corporate money going into this year’s elections, according to data from the nonprofit consumer advocacy organization Public Citizen. […]