Kamala Harris's Unclear Crypto Stance Adds to Market Tension

04.09.2024 62 times read 0 Comments

Markets in the Morning: DAX Increasingly Under Pressure

A recent report by DER AKTIONÄR TV sheds light on the tense market situation. The DAX is increasingly under pressure, and individual stocks like Commerzbank, SAP, Bitcoin, Cleanspark, Nvidia, and Just Eat Takeaway are also affected. Marco Uome provides a comprehensive overview of the current market situation.

Great Uncertainty Over Crypto Strategy: What is Kamala Harris's Stance on Bitcoin & Co.?

According to finanzen.net, there is great uncertainty regarding Kamala Harris's crypto strategies ahead of the US presidential elections in 2024. While Donald Trump presents himself as a great supporter of cryptocurrencies, Harris's position remains unclear. Some experts, however, suspect a more moderate stance towards digital assets compared to her predecessor Joe Biden.

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Bitcoin at $100,000 by December 2024 — shorts bitcoin

FinanzNachrichten.de reports optimistically that the price of Bitcoin could rise to an impressive $100,000 by December 2024. This forecast is based on various market analyses and trends within the crypto market.

Bitcoin: Crypto Exchange Holdings Decline – Harbinger for BTC Rally?

According to an article by Block-Builders.de, the number of Bitcoins on international crypto exchanges is currently at its lowest in years. Analysts see this as a possible sign of rising prices in the near future or that investors prefer to keep their coins securely off exchanges.

Despite BTC Price Slump: Bitcoin Hashrate Reaches New All-Time High

BTC-ECHO reports a new all-time high in the network's hashrate despite a weakening Bitcoin price, with a performance of 742 exahashes per second (EH/s). This clearly shows the trust and commitment to the network despite current price losses.

"Saletember": September Has Rarely Been Good for Bitcoin

Trending Topics SEE describes September traditionally as a difficult month for cryptocurrencies like Bitcoin due to historical price fluctuations and sell-offs during this period. This year also seems to be no exception; many digital currencies have already recorded significant losses.

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Article Summary

The DAX is under increasing pressure, affecting stocks like Commerzbank and SAP, while uncertainty surrounds Kamala Harris's crypto stance ahead of the 2024 elections. Despite a Bitcoin price slump, its hashrate hits an all-time high, with predictions suggesting it could reach $100,000 by December 2024 amidst declining exchange holdings and historically poor performance in September.

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The Best Bitcoin Mining Providers at a Glance

» Infinity Hash

From our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.

» Hashing24

A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.