A new survey reveals that the majority of cryptocurrency holders in the US prefer Donald Trump over Kamala Harris for the 2024 presidential election, despite Trump trailing in overall national polls.
The Fairleigh Dickinson University (FDU) poll indicates that among crypto investors, Trump holds a 12-point lead over Harris. This trend is particularly notable among those who own cryptocurrency or related assets.
Conversely, the same poll shows that Kamala Harris is favored by voters who do not own cryptocurrencies. Harris leads Trump by 12 points among this group, suggesting a clear divide based on crypto ownership.
The FDU survey, conducted between August 17 and August 20 with 801 registered voters, found that 15% of respondents currently own or have previously owned crypto. It also observed that Republicans are marginally more inclined to hold digital assets than Democrats.
However, the likelihood of owning cryptocurrencies appears consistent across different political affiliations, including liberals, moderates, conservatives, progressives, and MAGA supporters.
In a related development, Trump recently announced plans to launch a decentralized finance (DeFi) platform named The DeFiant Ones, aiming to challenge traditional banking systems. Additionally, Trump was a keynote speaker at the 2024 Bitcoin Conference in Nashville and has selected pro-crypto Senator JD Vance as his running mate.
Charles Hoskinson, co-founder of Cardano and Ethereum, has raised concerns about how former President Donald Trump and Vice President Kamala Harris approach cryptocurrency policy.
The Bank of Canada has announced that it is winding down its efforts on retail central bank digital currency (CBDC), as per an update on its website.
Circle is preparing for its initial public offering (IPO) and is set to relocate its headquarters to Wall Street in 2025, according to CEO Jeremy Allaire.
Crypto trader Michaël van de Poppe suggested that the Federal Reserve’s recent decision to cut interest rates by 50 basis points could positively influence the crypto market.