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Bitcoin and ether rise as investors grow confident Fed will cut rates: Bitcoin and ether prices have been on the rise in recent weeks, as investors become more confident that the Federal Reserve will cut interest rates in the near future. This is good news for cryptocurrencies, as lower interest rates tend to boost risk appetite and drive investors into more speculative assets like crypto. Nearly Half of All Corporate Election Spending in 2024 Cycle Comes from Crypto Companies: A recent study found that nearly half of all corporate election spending in the 2024 cycle is coming from crypto companies. This is a sign of the growing influence of the crypto industry in American politics. Kamala Harris Signals Interest in Friendlier Stance on Crypto: Vice President Kamala Harris has signaled that she is interested in taking a friendlier stance on cryptocurrencies. This is a positive development for the crypto industry, as it could lead to more favorable regulations and policies.
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