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 (BTC) has hit a new all-time high today at $123,090 as per data from CoinMarketCap and trading volumes have exploded as a result. Nearly $180 billion worth of Bitcoin has exchanged hands in the past 24 hours. This represents a 284% increase during this period. This volume accounts for 7.5% of BTC’s circulating supply. […]
As Bitcoin surged to another record high above $123,000 on Monday, analysts at Bernstein offered a bullish long-term outlook for the digital asset, forecasting a transformative period ahead for the entire crypto sector.
Bitcoin treasury firm Strategy—formerly known as MicroStrategy—has expanded its already-massive BTC holdings with a fresh $472.5 million acquisition.
Famed author of Rich Dad Poor Dad, Robert Kiyosaki, has once again thrown his support behind Bitcoin following its recent surge above $120,000, calling it a win for those who already hold the asset—and a wake-up call for those who don’t.