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Crypto's Political Pressure Cooker
Published on May 17, 2024
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NEED TO KNOW
Over-Bearish on ETFs?
  1. 🤔 Market Overly Bearish on ETH ETF Odds: Coinbase Institutional. Denial is still likely, but there are reasons to expect a surprise.
    Read more on Bankless.
  2. 🇳🇬 Binance Exec Denied Bail in Nigerian Court. Tigran Gambaryan has been detained for nearly 3 months.
    Read more on Bankless.
  3. ✍️ Vitalik Addresses MEV and Decentralization Concerns. We break down Vitalik Buterin's latest technical blog post.
    Read more on Bankless.
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TODAY IN MARKETS
Crypto's Altcoin Gainers
Bankless Author: Jack Inabinet

📊 Building Strength. While broader crypto alts have struggled to catch a bid since mid-April, many are lighting up the charts with green today! Can this rally persist?

Prices as of 5pm ET 24hr 7d
Crypto $2.42T ↗ 2.9% ↗ 8.0%
BTC $66,918 ↗ 2.6% ↗ 10.4%
ETH $3,090 ↗ 5.1% ↗ 6.8%
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ANALYSIS
Crypto Takes Center Stage in 2024 Election
Bankless Author: David C.

America is about to pick its next president, and this time, crypto is part of the conversation!

It's shaping up to almost certainly be a race pitting Joe Biden versus Donald Trump (with long-shot contender Robert F. Kennedy, Jr. waiting in the wings).

In this article, let's dig deeper into this pressure cooker of political process and turmoil and see where the major parties have stood and currently stand 👇


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