Standard Chartered predicts Bitcoin could reach $150,000 if Donald Trump wins the presidency in 2024. The bank's analysts believe Trump's return could boost Bitcoin's value through policy changes and market sentiment. A recent report highlights that Trump's known stance on deregulation and economic stimulus could favor a more relaxed regulatory environment for cryptocurrencies, fostering growth. Currently trading around $70,000, Bitcoin's value has fluctuated widely in recent years. Standard Chartered's projection hinges on the assumption that Trump's policies would benefit cryptocurrencies. During his previous term, there was substantial interest and investment in Bitcoin and other digital assets. This pattern could reemerge with his return to power, driving significant capital inflows into the market. The report also emphasizes potential market volatility during the election period, which often benefits Bitcoin as investors seek alternative assets amid economic uncertainty. Trump's candidacy alone could create a buzz around Bitcoin, boosting its value. However, the forecast acknowledges risks, such as regulatory crackdowns or adverse policy changes, which could dampen Bitcoin's prospects. The unpredictable nature of the cryptocurrency market, where sentiment can shift rapidly, is also a factor. This prediction underscores the significant influence political events can have on digital assets. Investors and market watchers will closely observe the upcoming election and its potential impact on the cryptocurrency landscape. Additionally, Trump has become the first-ever Presidential candidate to accept Bitcoin donations, further highlighting the intersection of politics and cryptocurrency.

The YoungTrump token (TRUMP) skyrocketed 10,000% following Donald Trump's guilty verdict in the hush-money trial. This surge was fueled by MAGA supporters rallying around the token. Of course, they view the verdict as politically motivated. But why does it translate into the token's rise? Well, no one knows for sure. TRUMP's price now hovers around $0.000384, marking a significant recovery from a recent correction. Despite a -65% drop, bullish support remains strong, keeping the token within an accumulation zone. The market cap, currently at $280k, suggests further growth potential, especially with the upcoming US Presidential Election. There are so many exciting events waiting for Trump in the nearest future. And each of them is a probable point where the TRUMP token could be pumped again. Yet, concerns arise as the price breaks lower trendlines, risking further declines. With only 511 holders, the token's future hinges on maintaining its current support levels. Meanwhile, the PlayDoge presale shows promise, raising over $1.5 million and attracting attention with its high APY staking rewards. As investors eye the next big move, both tokens present unique opportunities and risks in the volatile crypto landscape.

Elon Musk has firmly denied reports that he discussed cryptocurrency policy with Donald Trump. Musk clarified via an X post, saying, "Pretty sure I’ve never discussed crypto with Trump." This statement follows a Bloomberg report suggesting such discussions occurred. Donald Trump has recently made significant pro-crypto moves. He pledged support for crypto companies and promised to commute the sentence of Silk Road founder Ross Ulbricht. Trump's campaign is also accepting cryptocurrency donations, reinforcing his commitment to the industry. Elon Musk's influence on the crypto market is well-known. His social media activity often causes price surges, notably with Dogecoin. A brief change on Twitter’s interface, featuring a Shiba Inu, highlighted Musk's playful yet impactful tactics. Despite Musk’s denial, his support would be valuable to Trump’s campaign. Aligning with Musk could enhance Trump’s credibility in the tech community, appealing to crypto enthusiasts. Trump's embrace of cryptocurrency signifies a shift from traditional policies. His statements indicate a desire to integrate crypto into the financial system. This strategy could resonate with tech-savvy voters, leveraging Musk’s popularity. In summary, while Musk denies any crypto talks with Trump, the speculation highlights the growing importance of cryptocurrency in political campaigns. The collaboration between influential figures like Musk and Trump could reshape the landscape of digital assets.

Donald Trump is positioning himself as America's first crypto-friendly president. The former president, now seeking re-election, announced he is accepting Bitcoin donations for his campaign. It's a nod to the digital age and a potential game-changer in political fundraising. Trump's decision to embrace cryptocurrency is not just a gimmick. It signals a significant shift in his campaign strategy. The move aims to tap into the burgeoning crypto community, which has shown increasing political influence. By accepting Bitcoin, Trump is not just courting a new voter base but also making a statement about the future of money. His campaign's embrace of Bitcoin donations could also be seen as a response to the changing financial landscape. As traditional financial systems face scrutiny and challenges, cryptocurrencies offer an alternative. For Trump, it's a way to stay ahead of the curve and align himself with the tech-savvy electorate. The irony of the situation is palpable. Trump, who once dismissed Bitcoin as a "scam," is now leveraging it for political gain. It's a testament to the evolving nature of both the man and the financial world. His ability to pivot and adapt is reminiscent of his business acumen. This move could set a precedent for future campaigns. If successful, we might see a new era where digital currencies play a central role in political fundraising. Trump's willingness to embrace Bitcoin could pave the way for other candidates to follow suit, making crypto donations a norm rather than an exception. In the end, Trump's latest move is more than just a campaign strategy. It's a reflection of the times. As the world becomes increasingly digital, so too does the world of politics. Trump's acceptance of Bitcoin donations is a step towards a future where digital currencies are not just accepted but integral to the political process.

In a surprising turn, former President Donald Trump has shifted his stance on cryptocurrencies, now expressing support for Bitcoin as he campaigns for the 2024 presidential election. Speaking at his Mar-a-Lago resort, Trump criticized President Biden and SEC Chair Gary Gensler for their allegedly hostile approach to crypto, positioning himself as the pro-crypto candidate. According to Cointelegraph, during his presidency, Trump was a vocal critic of Bitcoin, labeling it as a tool for illegal activities. However, his recent remarks suggest a strategic pivot to attract the growing number of crypto enthusiasts. This change aligns with dissatisfaction in the crypto community over the Biden administration’s regulatory stance, which many see as stifling innovation. Key figures in the crypto world, such as Ethereum co-founder Charles Hoskinson, have accused the Biden administration of actively undermining the industry. Trump’s new pro-Bitcoin stance aims to leverage this sentiment, presenting a stark contrast to his opponent. Despite skepticism about his genuine commitment to cryptocurrency, Trump's strategy might resonate with voters in swing states, where crypto holders could influence the election outcome. A recent poll indicated that nearly 20% of registered voters own crypto, with many willing to switch party allegiance based on candidates' crypto policies. As the election nears, Trump's position on Bitcoin could become a significant factor in a closely contested race. Whether this new pro-crypto stance is a sincere change of heart or a political maneuver remains to be seen, but it undoubtedly adds a new dimension to the 2024 presidential campaign.