Crypto-driven donations are playing a crucial role in toss-up districts as the industry tries to secure political allies.
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| The global crypto market cap is $2.32 trillion, with a 24-hour volume of $77.38 billion. The price of Bitcoin is $67,285.94, and BTC market dominance is 57.3%. The price of Ethereum is $2,624.38, and ETH market dominance is 13.6%. The best-performing sector is eCommerce, which gained 54%. The Crypto Fear & Greed Index is currently Greed (70). The crypto industry’s influence is making waves, from political donations exceeding $190 million in key US races to Stripe’s $1.1 billion acquisition of stablecoin platform Bridge. Ripple stays politically active with co-founder Chris Larsen’s $10 million XRP donation to Kamala Harris, while Bitcoin miners may be undervalued at a combined $28 billion. Catch up on the biggest headlines and insights shaping the crypto space today! Political donations made by the US crypto industry have surged to record highs after surpassing $190 million as the final stretch of the election cycle approaches, CNBC reported on Oct. 20. Striped paid more than 5x more than the stablecoin platform's $200 million valuation. Ripple CEO Brad Garlinghouse stressed that US voters increasingly support the emerging industry. With the Japanese government's supportive policies and major corporations embracing Web3, Monex Group is leveraging its expertise to guide companies into this burgeoning market. | |
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