Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Crypto Playing A Bigger Part in US Elections, Says Grayscale

Anyone who has been following the trajectory of the crypto industry will tell you that over the years, it has not only become more financially powerful but socially as well. A few years ago, business and political leaders from all over were constantly taking shots at the crypto sector and calling it a scam.

Now, crypto assets are being used by some of the biggest companies in the world and are more visible than ever. This, along with its increased financial backing, means that it cannot be as easily dismissed. It is based on this that Grayscale has noted its relevance to the upcoming US Presidential elections.

Crypto’s Big Role

In a recent blog post, Grayscale revealed that it conducted a survey from April 30 to May 2, 2024, where it collected data from, 1,768 adults who are voting in the upcoming US elections. From this survey, it found that cryptocurrency is a growing concern among voters as more of them are investing in digital assets or plan to do so.

As per the results, 32% of respondents are already investing in crypto or are open to doing so. The number of respondents who believe crypto is a solid long-term investment opportunity has also gone up, rising from 19% in November 2023 to 23% at the time of the survey.

It is worth noting that between these times, crypto has seen several major wins. Both Bitcoin and Ether have been approved for spot ETFs in the United States, with the former even reaching a new all-time price high.

In response to this, many consumers have been investing in new and established tokens. As Kane Pepi writes, many are on the lookout for the next 1000x crypto to add to their portfolios. Because of these increased investments, more voters are prioritizing the future of the crypto industry as the elections draw nearer. So far, Grayscale notes, voters do not see any single party as the pro-crypto side just yet and instead, view it as a more bipartisan issue.

“Although Trump is embracing crypto more on the campaign trail, data shows that crypto is a bipartisan issue, with similar ownership rates among Republicans (18%) and Democrats (19%),” the blog post notes.

This perception, however, could very well change ahead of November, especially with the current steps being taken by the Trump camp.

Trump’s Big Plans For Crypto

Donald Trump’s presidential campaign has, so far, been as newsworthy as one would expect. One aspect that has stood out, however, has been the inclusion of crypto. The former president has been both a blockchain critic and lover, calling Bitcoin a scam years ago but also launching his own NFT collection.

This coincided with cryptocurrency being used not just for investment but domestically as well. For example, there has been a growing use of crypto in the gambling space. Thanks to the benefits it offers, such as increased profit and greater privacy, more people are flocking to it. A consumer may use a crypto casino that is more traditional or even opt for an anonymous casino. The Trump team likely saw this shift and slowly began moving more into the digital asset space.

But this election cycle, he has gone full throttle, declaring himself the candidate for the crypto industry and publicly calling out the current administration for its lack of support. It should be noted that the Trump campaign currently takes donations in crypto, becoming the first US presidential campaign to do so.

While respondents to the Grayscale survey are still torn on which party will favor their crypto interests, Donald Trump seems to be currying most of the favor from the industry. Besides having crypto entrepreneurs attend his fundraising events, he has been publicly endorsed by the Winklevoss twins, who are the founders of the crypto exchange Gemini.

Besides the endorsement, the two even donated a million dollars in crypto to Trump’s campaign, though it was refunded due to technicalities with federal law. Despite this, Trump’s efforts to brand himself as a crypto savior continue.

Conclusion

Between the last US election cycle and this one, it is clear that cryptocurrency has more financial, political, and social currency than before. This is evidenced by the fact that major presidential candidates are seeking the industry’s support and voters are considering the industry more in relation to their voting choices.

The study from Grayscale implies that by the next election cycle, crypto might be an even bigger player than it is now. This is ultimately beneficial as it could spell more beneficial laws being put in place, more global visibility, and more financial success for industry stakeholders.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…