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The ongoing US elections are heating up as the two leading candidates continue to make new revelations. Former US president Donald Trump has once again taken the world by storm, unveiling a new threat to the US dollar that has been eroding its prestige and hindering the currency’s global expansion. Also Read: How High Bitcoin(BTC) May Pump If Trump Wins The US Elections? A New Threat To The US Dollar Per Donald Trump Source: NBC News In one of his earlier conferences, Trump was noted for sharing a new threat that has lately been gnawing at the US dollar. Speaking about it at length, Trump revealed how the current US government’s behavior has been slowly eroding the dollar , as opposed to Bitcoin, which mistakenly gets accused of being the financial system challenging the US dollar. In addition, Trump had also revealed plans to fire Gary Gensler, the current SEC chief, and appoint a new chairman to smooth financial policies and efforts. “Bitcoin is not threatening the dollar;...

Dogecoin (DOGE) has witnessed quite a rally over the last few days. The popular memecoin is up by 4.5% in the daily charts, 28.8% in the 14-day charts, 16.9% over the previous month, and 110.5% since late October 2023. Source: CoinGecko Despite the rally, DOGE’s price is down 1.8% in the last week. This price prediction article will discuss whether the memecoin will breach the 50 cents ($0.50) mark after the upcoming US Presidential elections. Also Read: Top 3 Cryptocurrencies That Could Rise By 30% In November 2024 DOGE Price Prediction: Can It Reclaim $0.50 After The US Elections? Source – Bitcoinist Elon Musk is one of the most significant supporters of Dogecoin (DOGE). The world’s richest man has been very vocal about his admiration for the cryptocurrency. Musk’s support has often led to significant gains for the asset. DOGE’s recent price rallies are likely due to Musk’s recommendation to create a Department of Government Efficiency (D.O.G.E.) if...

U.S. Representative Tom Emmer (R-MN) says the crypto sector will benefit from a second Donald Trump presidency. Trump has already been exploring non-fungible tokens (NFTs), but stated that he was “not a fan of Bitcoin,” calling it “highly volatile and based on thin air.” Still, some lawmakers speculate that a Trump victory in the upcoming 2024 presidential election could propel Bitcoin (BTC) to new price highs. Emmer foresees Trump’s influence on Bitcoin prices Politico is reporting that pro-crypto congressman Emmer envisions a regulatory environment conducive to the overall crypto sector, if the former president makes a comeback to the White House. Emmer, a Trump ally who advocates for cryptocurrencies, announced in January that he officially endorses Trump in the 2024 Republican presidential primary. That’s even though Trump helped deter Emmer’s bid for the House Speakership. Trump has expressed strong skepticism towards Bitcoin (BTC) and ot...