Mark Cuban, the billionaire entrepreneur, thinks Kamala Harris could be a game-changer for crypto and AI. The current Vice President might take a friendlier stance on these sectors if elected President, he reckons. Politico's latest report dishes the dirt on Cuban's views. The Shark Tank star believes Harris could shake things up in Washington. "She'll be far more open to business, AI, crypto and government as a service," Cuban says. He's quick to add it's not confirmed by the VP herself. "Changing the policies changes the message and lets everyone know she is in charge and open, literally, for business." Harris might face off against Donald Trump in November. The former president is seen as crypto-friendly. Biden threw in the towel on his re-election bid last Sunday. Cuban's been running his mouth about Trump too. He thinks Bitcoin will go through the roof if Trump wins again. Why? Cuban says Trump will make it easier to run crypto businesses in the US. He reckons changes at the SEC are "inevitable and required" under Trump. But that's not all. Cuban sees other factors driving Bitcoin higher under Trump. "What will drive the price of BTC is lower tax rates and tariffs," he says. Cuban thinks this could stoke inflation, based on past experience. He also points to global uncertainty about America's role on the world stage. This could impact the dollar's status as a reserve currency. "You can't align the stars any better for a BTC price acceleration," Cuban declares. It's worth noting Cuban's not psychic. His predictions are just that – predictions. But his views offer a glimpse into how big players see the crypto landscape shaping up under different political scenarios.

Mark Cuban, the billionaire Shark Tank star, sees a perfect storm brewing for Bitcoin. He reckons the cryptocurrency could skyrocket under a potential Trump presidency. Cuban shared his thoughts with his 8.8 million X followers. He thinks Silicon Valley's growing support for Trump is a "Bitcoin play". Why? Cuban believes Trump would make it easier to run crypto businesses in the US. He expects "inevitable and required" changes at the SEC. But that's not all. Cuban points to other factors that could drive Bitcoin higher. "What will drive the price of BTC is lower tax rates and tariffs, which if history is any guide (and it's not always), will be inflationary," he says. He adds, "Combine that with global uncertainty as to the geopolitical role of the USA, and the impact on the US dollar as a reserve currency, and you can't align the stars any better for a BTC price acceleration." Once Trump's in power and geopolitical uncertainty sets in, Cuban reckons Bitcoin could become a "safe haven". He thinks its price could go "way higher than you think". Cuban's bullish on Bitcoin's global potential. He reminds us that Bitcoin has a final supply limit of 21 million coins, with unlimited fractionalization. "Keep that in mind as you consider what happens if because of geopolitical uncertainty and the decline of the dollar as the reserve currency, BTC becomes a 'safe haven' globally," he says. Cuban's not pulling punches. He suggests Bitcoin could become "what countries and all of us look to buy as a means to protect our savings". Is this far-fetched? Not according to Cuban. He points out it's already happening in countries facing hyperinflation. He wraps up with a bold prediction. "And if things really go further than we can imagine today (and I'm not saying they will. Just that this has a possibility somewhere above zero), then BTC becomes exactly what the maxis envision. A global currency." It's a wild ride, folks. But in the unpredictable world of crypto, who knows? Cuban might just be onto something.

Mark Cuban, the billionaire with a $5.4bn fortune, is stirring the pot again. This time, it's about Bitcoin. Cuban reckons geopolitical chaos and inflation might push Bitcoin to global reserve status. That's a big deal. He sees a link between Silicon Valley's Trump love and a potential "Bitcoin play". Interesting, right? The US role on the world stage is shaky, says Cuban. And Trump's promised tax cuts? They could make inflation worse. These factors could send Bitcoin's price through the roof. But Cuban's not making promises. He's just saying it's possible. Fiat currencies are in a tough spot. They're losing value fast. Even the mighty dollar isn't safe. Paul Ryan, ex-Speaker of the House, has a different take. He thinks stablecoins could save the dollar's global dominance. Ryan's argument? Stablecoins could boost demand for the greenback. This might help dodge a debt crisis. Venezuela's economic woes are pushing people towards crypto. In 2023, 9% of remittances to Venezuela were in digital assets. Why? Crypto's cheap and fast. Traditional money transfers? Not so much. Argentina's another case in point. With 276% annual inflation, Argentinians are flocking to crypto like there's no tomorrow. Cuban's speculation is wild, but not baseless. The crypto world is changing fast. Who knows what's next?

Billionaire Mark Cuban has sold part of his non-fungible token (NFT) collection. Cuban's wallet on OpenSea shows sales of over a dozen NFTs. That includes the famous Pudgy Penguin priced at over $30,000. The wallet, one of two controlled by the Dallas Mavericks owner, retains about 1,600 items. Cuban sold various high-value digital assets. These include unique artworks and collectibles. Billionaire became heavily involved in NFTs and blockchain in 2021. He invested in multiple NFT startups. At the moment, Cuban was a rabid advocate for their adoption. The NFT market has recently seen a decline. Global NFT sales dropped to $604 million in May 2023. This is the lowest monthly total since October 2022. It marks the first month in 2024 with sales below $1 billion. Ethereum, the leading NFT blockchain, also experienced a downturn. Its sales fell to $164 million, the lowest since September. Ethereum's unique buyers in May numbered 56,914. This is the lowest since June 2021. And by the way, the decline was not limited to Ethereum blockchain. Others followed. The decline reflects a broader market slowdown. However, some remain optimistic. Blockchain collector Pranksy commented on social media: "500 genuine replies, there is life in the old girl yet." This optimism comes despite the recent market downturn. It suggests continued interest in blockchain products. The NFT market's future remains uncertain.