Trump's Pro-Bitcoin Stance Could Boost His Election Chances and Bitcoin Price

"Pro-Bitcoin President" - Trump's Chances Reflected in Bitcoin Price

The former President Donald Trump has recently positioned himself as a supporter of cryptocurrencies. The Republican presidential candidate, who is running again in this year's US elections, showed little interest in cryptocurrencies during his previous term and declared the US dollar as the only "real currency" on what was then known as Twitter back in 2019.

Recent developments such as Kamala Harris's candidacy, which polls better than Trump, and financial challenges might be signs of Trump's change of heart. At a Bitcoin conference at the end of July in Nashville, he announced plans to transform the USA into the "crypto capital of the world," a vision shared by many Bitcoin enthusiasts. According to an analysis by Capital magazine, there is a positive correlation between Trump's election chances and the Bitcoin price since Harris entered the race.

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(Source: fr.de - https://www.fr.de/wirtschaft/krypto-hauptstadt-usa-wie-trumps-wahlchancen-den-bitcoin-kurs-beeinflussen-zr-93277361.html)

Bitcoin: Growing Interest

Since January when the SEC approved Bitcoin ETFs, interest among financial advisors in cryptocurrencies has significantly increased. This trend is evident from recent surveys conducted by the Digital Assets Council of Financial Professionals (DACFP). Forty percent of advisors now recommend their clients invest in cryptocurrencies, compared to thirty-two percent reported earlier this year.

The survey included responses from 584 financial experts with thirteen percent recommending crypto investments to all their clients—a near doubling since June 2024. Despite these gains, sixty percent still do not advise investing in digital assets but plan to start within six months, according to DER AKTIONÄR’s report.

(Source: DER AKTIONÄR - https://www.deraktionaer.de/artikel/derivate/bitcoin-das-interesse-waechst-weiter-20365283.html)

Söllner: Nvidia Shows Strength Amid Market Volatility, Focus on Xiaomi and Other Stocks

This week’s Hot Stock Report by Florian Söllner highlights several stocks, including Nvidia, showing strong performance amidst market volatility affecting companies like Xiaomi and Super Micro Computer. In addition to traditional equities, discussions around emerging technologies like Fintech and AI are also extensively covered.

Söllner emphasizes personal interactions with executives and major investors, providing exclusive insights about promising firms benefiting from mega trends such as robotics or Internet-of-things innovations.

(Source: DER AKTIONÄR TV - https://www.deraktionaer.tv/videos/top-news/soellner-nvidia-baerenstark-blutbad-xiaomi-super-micro-byd-bitcoin-xpeng-axon-ibm-ehang-bitcoin-20365306.html)

"In Plastic Bags on the Street": LKA Warns of Sophisticated Scam

A new scam involving fake bitcoin paper wallets placed inside plastic bags found on streets has been identified by police authorities, particularly prevalent around Munich city areas, warns Bayerisches Landeskriminalamt (LKA). These fraudulent wallets appear legitimate, containing QR codes leading unsuspecting victims onto phishing sites where they lose money instead of receiving the promised funds worth thousands of euros supposedly deposited therein, initially claimed via payment receipts enclosed alongside each wallet baggie discovered lying randomly in public spaces across town locales targeted specifically to lure potential prey into falling for the trap set cunningly devised by con artists operating behind the scenes, orchestrating the entire ruse meticulously planned and executed with precision detail, ensuring maximum impact achieved with minimal detection risk exposure, law enforcement agencies monitoring closely ongoing situations unfolding in real-time, continuously updating the general populace on the latest developments pertaining to the matter concerned, accordingly issuing advisories and cautionary measures recommended to avoid becoming the next victim of similar schemes perpetrated in future instances arising in the context discussed above.

(Source: hna.de)

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Article Summary

Former President Donald Trump has recently become a supporter of cryptocurrencies, correlating his election chances with Bitcoin prices, while interest in Bitcoin among financial advisors is growing significantly since the SEC approved ETFs. Additionally, police warn about sophisticated scams involving fake bitcoin paper wallets found on streets, and Nvidia shows strong performance amidst market volatility affecting other tech stocks like Xiaomi.