Vice President Kamala Harris, the Democratic candidate for the upcoming presidential election in November, recently spoke at a Wall Street fundraiser where she addressed the cryptocurrency industry for the first time.
She incorporated AI and digital assets into her vision of an ‘opportunity economy.’
Harris shared her plan to foster this economy by uniting labor, small businesses, entrepreneurs, and large corporations. Her goal is to boost U.S. competitiveness by supporting technologies like AI and crypto, while ensuring safeguards for consumers and investors. “We will create a business environment with transparent and consistent regulations,” she said, according to a Bloomberg reporter.
The Manhattan fundraiser, described as Harris’ last public appearance in New York before the election, had ticket prices ranging from $500 to $1 million. Celebrities such as Anne Hathaway, Whoopi Goldberg, and Billy Porter were among those in attendance.
Reuters reported that Harris intends to unveil new economic policies aimed at wealth-building and offering incentives to businesses, though further details remain limited.
Following a recent debate against former President Donald Trump, Harris’ odds have risen in several key swing states, with prediction markets giving her a 52% chance of victory over Trump’s 47%. Meanwhile, Trump has continued his outreach to the crypto community, making appearances at New York’s Bitcoin-themed bar PubKey and promoting his family’s World Liberty Financial project, which has received mixed reactions from the industry.
Ross Ulbricht, the man once behind the Silk Road dark web marketplace, has turned artifacts from his prison years into a multimillion-dollar Bitcoin windfall.
Nvidia’s recent market retreat hasn’t shaken analysts’ confidence in the stock’s long-term potential. Despite a dip to $135.13 at the close of the last session, chart watchers say a powerful setup could send NVDA soaring toward the $200 mark in the coming months.
The team behind Pi Network is diving into the gaming industry with the release of FruityPi, a new application designed to highlight the practical use of its ecosystem tools, including the Pi cryptocurrency, wallet, and ad services.
The FTX Recovery Trust has initiated a new $5 billion round of reimbursements, starting May 30, for creditors who completed the necessary steps.