Crypto Showdown: Trump vs. Harris – Who Will Lead the Digital Future?

Legends say that Notoko, Motoko's mischievous brother, set out to explore blockchains far and wide. But his heart always beats for ICP, his true home. Now, he shares his discoveries in "Notoko Bytes"!

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Previous Issue

NEAR’s Marketing Stunt, $25M Crypto Fund, & Snoop Dogg’s Movie Investment Platform

NEAR pulls a crypto prank, Alan Howard’s son raises $25M for a new crypto fund, and Snoop Dogg teams up to let fans invest in movies!

CoinTranscendCT team

Chain Chatter

• Crypto scams are on the rise! 🚨 The FBI says losses from crypto fraud jumped a whopping 45% last year, reaching a staggering $5.6 billion. 😱 It seems scammers are taking advantage of the crypto market's resurgence, with investment scams being the most common culprit. 🕵️‍♀️ So, be extra careful out there, folks, and always do your research before investing in any crypto project! 🧐
  
• New crypto launches have been underwhelming, and VCs are taking the blame! 😤 Alexander Lin from Reforge is calling out misaligned incentives and hype around AI-crypto projects. He's not afraid to throw some shade, claiming VCs don't understand the tech they're investing in. 🤨 Lin and his partner are starting a new fund to focus on making blockchain more user-friendly. It seems like newcomers to crypto are ready to shake things up and speak their minds, even if it means stepping on some toes. 💥
  
• Even with some investors backing away from spot Bitcoin ETFs, State Street and Galaxy are diving headfirst into the crypto waters with three new crypto-focused ETFs! 🌊 These funds won't be holding actual cryptocurrencies, but instead, they'll invest in companies involved in the crypto world, along with some ETFs that do hold Bitcoin or futures. 🔄 It's a more cautious approach, perfect for investors who want to dip their toes in the crypto world without getting swept away by the waves of volatility. 🏄‍♂️
  
• Hallelujah! Some good news in the crypto world for a change! 🙏 Investors in that shady $1 billion crypto 'skyscraper' scheme might actually get their money back! 🎉 Regulators from Texas and four other states have reached a settlement with the project's operators, and they're aiming for a 100% refund for everyone who got scammed. 🤑 This is a big win, folks, and it shows that even in the Wild West of crypto, justice can prevail! 💪
  
• Caroline Ellison, the former co-CEO of Alameda and ex-girlfriend of Sam Bankman-Fried, is facing sentencing on September 24th. 😮 She's pleaded guilty to fraud charges related to the FTX collapse, but her lawyer is requesting that some personal information be redacted to protect her from harassment and potential safety threats.

Bitcoin's Wealth Distribution: Where the Big Stacks Live

Crypto Comeback of 2024!

The 2024 Global State of Crypto Report is out, and it's packed with juicy insights from Gemini! If you thought crypto was on the ropes, think again! The market’s back, baby, and it’s bouncing harder than ever.

🎯 Key Findings at a Glance 🎯

• Regulatory Maze 🌀: Confused about crypto regulations? You’re not alone! Nearly 38% of non-owners in the US and UK are still scratching their heads about what’s allowed and what’s not. In Singapore, it's a whopping 49%! But don’t worry – clearer guidelines are on the way (we hope!). 🏛️
• Crypto for Keeps 💰: Most crypto holders (57%!) are saying, “This is the real deal.” They’re cozy with allocating 5% or more of their portfolios to digital assets, showing that the future is bright. Even past owners (26%) are eyeing a comeback! 📈
• Ladies Who HODL 💁‍♀️: While 69% of crypto owners are men, the ladies are stepping up their game! Women are just as likely as men to buy and HODL for the long haul. So don’t sleep on the ladies of crypto – they’re playing for keeps too! 💪👑
• ETFs to the Rescue 🛟: ETFs are the new on-ramp to the crypto highway. In the US, 37% of crypto holders are getting in on the action through ETFs, with 13% using them exclusively. It’s like a fast pass for your portfolio! 🚀
• Crypto in Politics?! 🗳️: Yes, really. In the US, a jaw-dropping 73% of crypto owners will factor in a candidate’s stance on digital assets when voting for the next president. Move over, taxes and healthcare—crypto is on the ballot! 🇺🇸

Crystal Ball Bitcoin Time 😜(Just for fun, not financial advice!)

Let's look at the OG Coin First :

For all the Crypto Geeks , Read the Strategy behind the Price prediction

Methodology Behind the Price prediction

Notoko’s peekin’ into the Crypto future is like mixin’ a secret sauce! 😜 We’re throwin’ in the 2-year treasury yield (like a Fed whisperer 🤫), spicin’ it up with historical Bitcoin prices (like a treasure map 🗺️), and stirrin’ in the crypto fear index (like a mood ring for the market 😂). Now, we’re

CoinTranscendCT team

Now back to ICP

Tomorrow's the Big Day. Again !

Get ready, crypto fam! 🤸‍♀️ Tomorrow's Core CPI release is the big game, and we're on the edge of our seats! 🍿 These numbers will give us a sneak peek into the Fed's next move, and that could mean fireworks for Bitcoin! 🚀

We've been working our magic with our AI model, and we're feeling pretty good about our predictions. 😉 If we hit the bullseye, we're one step closer to unleashing the Bitconometrics Index, our very own Bitcoin-predicting machine! 🤖 This bad boy combines Bitcoin technicals and macroeconomics like never before. It's gonna be epic! 🤯

But remember, this is all for fun and education. Don't go betting the farm on our predictions. 😉 We're just here to learn and explore the exciting world of crypto together! 🤝

Blockchain Spotlight : BitFinity on ICP

Bitfinity: The Future of Bitcoin’s Layer 2 Revolution

Experience Bitfinity: a fast, secure Layer 2 for Bitcoin with smart contracts, Chain-Key Cryptography, and seamless scalability.

CoinTranscendCT team

What's Brewing in Notoko's Canister this Week ☕

🐘 Let’s Talk Trump vs. Harris: Who’s Better for Crypto? 🗳️

Alright, fam, it's the moment we've all been waiting for – the Trump and Harris showdown in the upcoming U.S. election! 🎤 But here’s the big question: who’s the real crypto champion? 💥

On one side, Trump has done a 180° turn on crypto, now calling for the U.S. to be the "crypto capital of the world." 🌍 He’s all about less regulation, more freedom for the crypto space to flourish. The guy even mentioned crypto in the Republican agenda, so you know he’s serious! 🚀

Meanwhile, Harris has been a little... quiet 🤫 on the crypto front. The industry is hoping she’ll be more open-minded than Biden, but as of now, we’re still waiting for her to show her cards. 🃏 There’s a lot of hope that her stance will soften, but for now, crypto isn’t even mentioned in her platform. 🤷‍♀️

So, if you’re thinking about who’s waving the crypto flag the highest, Trump’s got his hand up. But Harris? Well, we’re all just waiting to see if she’ll pick up that torch. 🔦

Don’t miss Thursday’s Newsletter to find out how today’s debate might shake up the crypto game! 🎯

Now Back to Bitcoin

💸 Bitcoin ETFs: Feeling the Burn? 💸

Yikes, fam! The Bitcoin ETFs are taking a hit! Investors have been yanking cash out for eight straight days, with a total of $1.2 billion in outflows. 😬 It’s the longest streak since the funds launched earlier this year. And the reason? The whole market’s feeling shaky right now – we’re talking everything from stocks to commodities. 🌍💥

With mixed US jobs data and even deflationary pressures in China, traders are sweating, and it’s spilling over into crypto. 🥵 Bitcoin itself has had a rough September, down 7% so far, but there’s been a tiny glimmer of hope with a 2.4% climb over the weekend. 📈💡

One theory? Some big names are closing their short positions, and the upcoming Trump vs. Harris debate might be adding to the excitement. Influencers like Arthur Hayes of BitMEX fame are making waves, and people are hedging bets on how things will go down in the debate! 😎

That's a wrap! See you on Thursday for more byte-sized blockchain fun (and a sprinkle of ICP love).

Disclaimer

*The information and analysis provided in this article are intended for educational and informational purposes only and should not be considered as financial, investment, or professional advice. While our team strives to ensure the accuracy and reliability of the content, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information presented.

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