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Daily Brief

Crypto's Political Pressure Cooker

gm Bankless Nation, Crypto is about to have one of its most monumental weeks ever in Washington, with key policy and approvals on the line. Let's take a look at the current situation.
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May 17, 2024 β€’ 3 min read
Crypto's Political Pressure Cooker
Published on May 17, 2024
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NEED TO KNOW
Over-Bearish on ETFs?
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.  .  .
TODAY IN MARKETS
Crypto's Altcoin Gainers
Bankless Author: Jack Inabinet

πŸ“Š 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 β†— 2.9% β†— 8.0%
BTC $66,918 β†— 2.6% β†— 10.4%
ETH $3,090 β†— 5.1% β†— 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 πŸ‘‡


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Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber, you're missing out! πŸ‘‡

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.