As Trump’s lead solidified, Bitcoin surged to a new record high above $75,000. Donald Trump has won the US presidential election against Kamala Harris, national and battleground state poll data from the Associated Press showed Wednesday, sparking optimism for the future of the crypto community in the country. Before the official confirmation, he declared victory while speaking at West Palm Beach in Florida and thanked his voters for electing him. US House of Representatives Speaker Mike...

World Liberty Financial faces challenges in building partnerships and potential resistance from countries wary of US dollar-backed stablecoins. This project seeks to use DeFi to keep the dollar at the forefront of global digital currencies. It highlights the Trump family’s growing involvement in cryptocurrencies and their effort to combine traditional US financial strategies with blockchain technology. This week, WLF announced its mission to secure the US’ financial leadership by spreading...

Leading Democratic candidate Kamala Harris can’t afford to cede crypto to Republican nominee Donald Trump in key battleground states ahead of the 2024 U.S. presidential election, the Official Monetary and Financial Institutions Forum (OMFIF) claims in a new report released Thursday. Crypto Key For Kamala Harris Ahead Of U.S. Presidential Election, OMFIF Says According to the independent think tank, Harris “must lay out her own agenda for cryptoassets or she risks ceding the ground entirely to...

Ferrari said it will extend its scheme to accept crypto payments for its luxury sports cars to its European dealer network from the end of this month. It follows an initial launch in the US last year. By the end of 2024, the Italian automaker plans to expand this scheme further. This will include other dealerships in its international network, in countries where crypto is legally allowed. The Maranello, Italy-based manufacturer explained that the decision is a response to growing demand from...