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US presidential candidates are vying for the support of the crypto industry. As US President #JoeBiden and former President Donald Trump, who are re-nominated before the November election in the USA, begin their campaign activities, the candidates' actions towards the crypto industry attract attention. President Joe Biden is reportedly interacting with key figures in the crypto industry, following a similar policy to his rival Donald Trump in the election campaign. There is a significant change in the presidential candidates, who were previously known for their distant stance towards the crypto industry. Biden's team managing the election campaign accelerated interaction in this field and contacted several crypto experts, with the idea that the crypto sector could have a significant impact in the presidential race. This approach has also become more evident with the response to the crypto-focused bill in recent weeks. Although the Biden Administration opposes the bill, it follows a more moderate policy by refraining from making a statement that it will be vetoed. A similar situation exists for spot #Ethereum ETFs. Some commentators, including Cathie Wood, #CEO of Ark Investment, described the surprise approval of Ethereum ETFs by the SEC as political. Former US President Donald Trump, in his statements in the past years, said that he did not favor Bitcoin because it threatened the sovereignty of the dollar and that he even saw crypto money as a means of fraud. In today's situation, it seems that Trump has changed his approach towards the crypto industry. So much so that the presidential candidate said that among his election promises, he would ensure that the future of cryptocurrencies, especially Bitcoin, would be structured in the USA. Trump also emphasized that there are 50 million crypto investors in the United States and added that he would support the right of citizens to keep their crypto assets under his supervision. However, Trump began accepting campaign donations in BTC, #ETH and #DOGE $BTC $ETH $DOGE

US presidential candidates are vying for the support of the crypto industry.

As US President #JoeBiden and former President Donald Trump, who are re-nominated before the November election in the USA, begin their campaign activities, the candidates' actions towards the crypto industry attract attention.

President Joe Biden is reportedly interacting with key figures in the crypto industry, following a similar policy to his rival Donald Trump in the election campaign. There is a significant change in the presidential candidates, who were previously known for their distant stance towards the crypto industry.

Biden's team managing the election campaign accelerated interaction in this field and contacted several crypto experts, with the idea that the crypto sector could have a significant impact in the presidential race.

This approach has also become more evident with the response to the crypto-focused bill in recent weeks. Although the Biden Administration opposes the bill, it follows a more moderate policy by refraining from making a statement that it will be vetoed.

A similar situation exists for spot #Ethereum ETFs. Some commentators, including Cathie Wood, #CEO of Ark Investment, described the surprise approval of Ethereum ETFs by the SEC as political.

Former US President Donald Trump, in his statements in the past years, said that he did not favor Bitcoin because it threatened the sovereignty of the dollar and that he even saw crypto money as a means of fraud.

In today's situation, it seems that Trump has changed his approach towards the crypto industry. So much so that the presidential candidate said that among his election promises, he would ensure that the future of cryptocurrencies, especially Bitcoin, would be structured in the USA. Trump also emphasized that there are 50 million crypto investors in the United States and added that he would support the right of citizens to keep their crypto assets under his supervision.

However, Trump began accepting campaign donations in BTC, #ETH and #DOGE
$BTC $ETH $DOGE

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Huge Move from Pantera Capital! Will Buy $100 Million Ethereum! “I have good and bad news for you. Good news; We are not dead yet. The bad news is that we are still alive,” said Anton Chekhov. With the declines we experienced during Eid al-Adha, investors probably said that we are still experiencing it. However, the good news is that we are not dead yet for the cryptocurrency world. Good news came from Pantera Capital. Let's look at the details together. Pantera Capital, one of the companies we often hear about in the cryptocurrency space, announced its intention to purchase $ 100 million worth of Ethereum (ETH) when Bitwise's spot ETH ETF begins trading. A Prize Pool Worth 21 Million TL is Awaiting You from BinanceTR! Participating and winning has never been easier. Sign up to BinanceTR from this link and get your first crypto! Bitwise disclosed in its amended filing that it has allocated $2.5 million in fiat currency funds for the ETF, but has not yet purchased Ethereum itself. According to the documents included in the file, it was stated that Pantera Capital, through its affiliated investment funds, expressed interest in purchasing up to $100 million worth of shares in this offering. To make a comparison for a $100 million investment, let's remember that Bitwise allocated $200 million at that time to be used for the Bitcoin ETF. In this case, the figure allocated for Ethereum corresponds to 50% of the figure allocated for Bitcoin. What will become important in the future is how much inflow there will be into Ethereum ETFs. In the process, we will now clearly see the entry and exit figures for spot Bitcoin ETFs as well as the entry and exit figures for spot Ethereum ETFs. Another issue that caught our attention in the file presented by Bitwise is the exchanges shown as counterparties of Ethereum trading. Interestingly, Kraken was preferred over Coinbase. Accordingly, Kraken will provide the custody service for Ethereum. $BTC $ETH
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