Cameron Winklevoss, co-founder of the Gemini exchange, recently took to X to suggest that Vice President Kamala Harris should demonstrate her support for the cryptocurrency industry by removing Gary Gensler from his position.
Winklevoss also cautioned that Harris and her advisors might be planning to make a significant change, or “reset,” in the crypto sector, which could have a major impact on the industry.
Winklevoss and Long Criticize SEC Chair and Call for Action
Referring to Donald Trump’s remarks at the Bitcoin Conference last weekend, Cameron Winklevoss stated that the crypto community is not impressed by mere talk and demands concrete actions. The Gemini co-founder emphasized that U.S. Vice President Kamala Harris should demonstrate her commitment to the industry by removing SEC Chair Gary Gensler before November this year. Trump has already promised to fire Gensler on his first day in office.
Caitlin Long, founder of Custodia Bank, supported Winklevoss’s call for action, adding that Gensler is just one part of a larger effort, known as Operation Choke Point 2.0, to undermine the crypto industry. She urged Harris to also address and remove other figures involved in efforts to cut off banking services to compliant crypto firms.
Bitcoin Price Predictions: Trump vs. Harris
Some in the crypto industry believe that if Donald Trump becomes the next president, Bitcoin’s price could soar to $100,000 by the end of the year. However, the outlook could change drastically if Vice President Kamala Harris wins the election.
Market analyst Jonah has forecasted that Bitcoin’s price might drop below $50,000 if Harris manages to defeat Trump in the upcoming election.
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