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Crypto PACs are gaining influence in the US elections by increasing campaign donations. The blockchain industry’s political sway is growing fast, as shown by the hundreds of millions of dollars raised to back crypto-friendly candidates. Fairshake, a crypto-focused PAC, has raised over $202 million, more than the biggest Republican and Democratic Super PACs combined. This change shows that crypto is increasingly influencing politics and elections. Also Read: Ripple Donates $1M in Bid to Unseat US Senator Elizabeth Warren How Are Crypto PACs Influencing US Elections and Blockchain Policy? Source: Crypto news Crypto PACs Gain Power Fairshake, a crypto-focused political group, has raised more money than major traditional PACs. They’re using this money to try to influence policies related to cryptocurrency and blockchain . Major crypto companies are the top donors to Fairshake. Coinbase contributed $46.5 million, while Ripple Labs and Andreessen Horowitz each gave around $45 mi...

China is looking at BRICS expansion to strengthen the alliance and take on the US and other Western allies. The Communist country is eager to induct new countries that can push the de-dollarization agenda ahead. This helps China counter the US on the global stage and bring its own policies for trade and commerce. Also Read: BRICS: New Country Plans To Ban the US Dollar for Trade The ultimate goal of BRICS is to bring the US dollar down from the world’s reserve currency and replace it with local currencies. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Malaysia had recently submitted its application to join BRICS and both China and Russia were eager to approve it. China Approves Malaysia To Become a BRICS Member Source: Associated Press BRICS member China supports Malaysia ’s induction into the alliance. The Chinese Foreign Ministry Spokesperson Lin Jian said that the country is willing to accept Malaysia ’s applic...

Shiba Inu is one of the most widely discussed cryptocurrencies. The token is known as a beacon for meme crypto culture and is often projected as one of the most popular cryptos existing within the sector. With Bitcoin detailing and trading under $65K, the price of SHIB also took a steep turn, trading at a nominal price level of $0.000016. Will SHIB be able to claim a new price? The technical platforms think so. Also Read: Shiba Inu: US Government Holds $54 Billion SHIB, Arkham Data Shows shib a-inu-rise-to-glory">Shiba Inu: Rise to Glory Image Source: WatcherGuru The recent WazirX hack has done some serious damage to SHIB. The token has taken a hit and has lately been trading minimally, unable to peak and ascend to new highs. However, technical platforms like Changelly and CoinCodex predict a different story. According to CoinCodex, Shiba Inu is all set to claim a new high, peaking to stabilize at $0.00002708 by August 6. The Shiba Inu price forecast for the next 30 days is a p...

The Dogecoin price tumbled  over 3% in the last 24 hours to trade at $0.1292 as of 7:35 a.m. EST as some investors dump their holdings in the meme coin. This recent correction in the DOGE price comes after the owner of Kabosu announced the adoption of a new Shiba Inu dog by the name of Neiro. Kabosu is the canine who birthed the Dogecoin meme coin that also led to the creation of the meme coin sector. After Kabosu’s passing in May, her owner welcomed a “new family member,” leading to an influx of tokens based on Neiro. this is insanity lmao pic.twitter.com/BSejJbtVWq — joji (@metaversejoji) July 28, 2024 Following the announcement, a shill fest kicked off, leading to hundreds of Neiro-themed coins being created on the Solana token generator Pump.fun. One of the tokens quickly soared to a market cap of tens of millions of dollars. Following this meteoric rise, traders soon discovered that another token was actually launched prior to the popular toke...

Bitcoin price started a downside correction from the $70,000 resistance. BTC is now correcting gains and might extend losses if it trades below $66,000. Bitcoin struggled near $70,000 and started a downside correction. The price is trading below $68,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $68,620 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it fails to stay above the $66,000 support zone. Bitcoin Price Dips Again From $70,000 Bitcoin price extended gains above the $68,500 resistance zone. BTC even spiked toward the $70,000 resistance zone. However, it failed to stay near $70,000 and started a downside correction. There was a move below the $68,500 and $68,000 support levels. Besides, there was a break below a key bullish trend line with support at $68,620 on the hourly chart of the BTC/USD pair. The pair even declined below the $66,500 su...

The clock is ticking for investors, with less than 48 hours remaining to join WienerAI’s ($WAI) exciting presale. With nearly $9 million raised, this new meme coin dubbed the “ChatGPT of crypto” is gearing up to launch its groundbreaking crypto trading chatbot designed to simplify trading digital assets for all investors. The final presale price for the native token $WAI is set at $0.00073 and will remain at this rate until the presale concludes. However, waiting until after the presale to buy $WAI might be too late, as the project’s substantial capital inflows suggest a potential price surge could occur once it hits a major exchange. Investor enthusiasm is already evident, with a whale even making a significant FOMO purchase worth $370,000 in $WAI on Sunday. This strong interest indicates substantial potential for $WAI, making it crucial to act quickly while the presale is still ongoing. Whale Devours 500 Milli...

A US banker has admitted to committing fraud of $2.3 million over 15 years. The banker drained several customers’ ac count s and sent the money to herself and her family members. The 36-year-old Megan Lea Dougherty pleaded guilty to one count of bank fraud for stealing $2.393 million. The Data breach from the US bank was operational for a decade and a half before her crimes finally caught up. Also Read: US Dollar Gives a Major Blow To BRICS Nations’ Currencies Prosecutors say Dougherty began draining bank accounts from January 1, 2009, to October 17, 2023 at the Exchange Bank of Missouri. She targeted customers who knew her and trusted her and used it as their weakness. Dougherty started draining small amounts of money from their bank accounts to her account and employed multiple strategies to avoid detection. Data breaches in US banks are serious offenses that can lead to years in prison if they are found guilty. Also Read: BRICS Considers Payments in National Currencies US Ban...

With the BRICS alliance firmly committed to de-dollarization, one expert believes that the United States can look to Bitcoin to save the dollar. Riot Platforms director of public policy, Sam Lyman, recently discussed the potential of the crypto market to help the US in ongoing geopolitical rivalries. Authoring a piece for Forbes, Lyman notes that the US could use BTC as a “Trump card” against BRICS leader nation, China. Within the story, Lyman drew parallels between the crypto sector and the ‘Space Race.’ He expressed the importance of the asset class, similar to that of space travel within the US and Soviet Union contentions during the Cold War. Source: fxstreet.com Also Read: BRICS : Russia & China Turn to Crypto in Move Away From the US Dollar Bitcoin to be ‘Trump Card’ US Needs to Fend Off BRICS? The BRICS bloc has been the focal point of geopolitical concern for much of the last year. Specifically, it has sought multipolarity in global affairs...

The Shiba Inu ecosystem has come a long way since its inception. The token has managed to create a whirlpool of activities and helped curate a robust community that remains loyal to the meme coin’s proceedings. That being said, the token has long been aiming to touch the critical price junctures of $0.01 and $0.1, but with bearish market elements and consolidation at play, the token’s vision has remained limited in its quest. When will SHIB truly breach past the aforementioned price barriers? Let’s find out. Also Read: Shiba Inu Weekend Price Prediction: Is SHIB Claiming A New ATH? Shiba Inu: What’s New? Source: Pixabay The Shiba Inu ecosystem has always been known to carry the element of experimentation in all its endeavors. The token has recently upgraded its documentation, which now includes novel opportunities for its users to become a vital part of its thriving ecosystem. For instance, a recent tweet by notable Shib community personality Kuro shared how the token will n...

Though Shiba Inu (SHIB) has fallen far from the meme coin peaks in March 2024 – and has experience a large plunge on July 24 and 25 along with the major stock market bloodbath – it has also seen something of a resurgence by July 26. This resurgence can, to an extent, be traced to the Layer-2 solution Shibarium – officially launched in August 2023 – as it recorded a significant 15% increase in transactions on July 25. The rise came alongside an even more impressive surge, the one pertaining to new contracts on Shibarium, which rose more than 300% from 8 to 36 in just 24 hours. Picks for you Marjorie Taylor Greene’s net worth revealed: How much is the US Representative for Georgia worth? 8 mins ago Proton Privacy'...

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Bitcoin (BTC) while offering his insight into two other digital assets. The analyst pseudonymously known as CredibleCrypto tells his 404,100 followers on the social media platform X that Bitcoin appears “unequivocally bullish” on the high time frames despite the price action on the lower time frames indicating otherwise. According to CredibleCrypto, Bitcoin is currently in a re-accumulation phase and its rise to a price of over $100,000 “will come rapidly.” Bitcoin is trading at $64,110 at time of writing. Turning to Ethereum (ETH), the widely followed analyst appears to suggest that the second-largest crypto asset by market cap could fall further after failing to react positively to news of the approval of spot Ethereum exchange-traded funds (ETFs) in the US. Referencing an earlier forecast that he expected Ethereum to fall below $2,800 if Bitcoin also underwent a correction,...

This week, some Binance fans took to X (formerly Twitter) to share their excitement that the exchange’s founder, Changpeng Zhao (CZ), was scheduled to complete his prison sentence on August 30. Unfortunately for them — and CZ — a quick fact-check reveals that he won’t actually be freed by that date. On April 30, US District Judge Richard Jones sentenced CZ to four months in a Seattle prison , recommending Seatac, a prison and administrative security federal detention center. Many observers apparently believed that CZ entered Seatac that same day, which would indeed have made August 30 his release date. However, CZ’s lawyers from prestigious law firms Quinn Emanuel Urquhart & Sullivan, Davis Wright Tremaine, and Latham & Watkins worked diligently to ensure that he earned a few extra weeks of freedom .  @cz_binance was sentenced to four months in prison on Tuesday, April 30, 2024. If he had started his jail time right away, his due date to be a free ...

Through the chills of the crypto winter of 2022, great moves toward crypto currency adoption were taking place, with major blockchain companies advocating for digital assets and major institutional investors moving into position to enter the crypto markets. By 2024 and the spectacular restarting of the bull cycle, major entities have moved toward greater adoption, particularly when it comes to Bitcoin (BTC), but one $1.64 trillion asset manager recently issued a reminder on X that the world of digital assets is far greater than its biggest coin. Indeed, in a July 23 tweet, Franklin Templeton stated that along with BTC and Ethereum (ETH), the ecosystem is filled to the brim with exciting projects and singled out Solana (SOL) as its favorite saying: Picks for you Warren Buffett reaps big from this crypto stock ...