David Bailey, CEO of Bitcoin Magazine, claims that the new Republican presidential candidate Kamala Harris has called Bitcoin "money for criminals."
Bailey also claims that Harris has spent the past four years undermining the crypto industry by collaborating with Securities and Exchange Commission (SEC) Chairman Gary Gensler and Senator Elizabeth Warren to impose anti-crypto regulations, including Operation Choke Point.
I’m sorry, but you don’t get to just screw our industry over for 4 years, push operation choke point, enlist Gensler and Warren as your Champions, and then just pretend you’re hip with Bitcoin. Major democrat donor told me Kamala says privately “Bitcoin is money for criminals”
— David Bailey🇵🇷 $0.65mm/btc is the floor (@DavidFBailey) July 24, 2024
He criticized the administration of current President Joe Biden for jailing developers and pushing the industry overseas, saying Harris cannot now portray himself as a supporter of Bitcoin.
In Harris’ defense, Hayden Adams, CEO of Uniswap Labs, said that she has never publicly spoken for or voted on any crypto-related legislation. He also urged caution against jumping to conclusions without concrete evidence.
Bitcoin giant Strategy has added another 4,980 BTC to its reserves in a purchase worth approximately $531.9 million, according to Executive Chairman Michael Saylor.
According to renowned market veteran Peter Brandt, trading isn’t the path to prosperity for the vast majority of people.
Charles Edwards, founder and CEO of Capriole Investments, has offered a fresh perspective on Bitcoin’s stalled price movement near the $100,000 mark, despite growing institutional enthusiasm.
Metaplanet has expanded its Bitcoin treasury with a new acquisition of 1,005 BTC valued at approximately $108.1 million, further cementing its status as one of the largest corporate holders of the digital asset.