{"id":548095,"date":"2023-08-19T17:10:44","date_gmt":"2023-08-19T17:10:44","guid":{"rendered":"https:\/\/uniquehot.com\/?p=548095"},"modified":"2024-06-11T14:39:42","modified_gmt":"2024-06-11T14:39:42","slug":"elon-musk-support-pro-crypto-candidate","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/elon-musk-support-pro-crypto-candidate\/","title":{"rendered":"Elon Musk Shows Public Support For Pro-Crypto Presidential Candidate"},"content":{"rendered":"

X (formerly Twitter) owner Elon Musk is known to have an underlying interest in politics and cryptocurrencies. And this time around, the world\u2019s richest man has showered praises on a pro-crypto candidate.\u00a0<\/span><\/p>\n

Elon Musk Compliments Pro-Crypto Ramaswamy<\/h2>\n

Elon Musk revealed his admiration for Republican Presidential Candidate Vivek Ramaswamy in response to a clip of Ramaswamy\u2019s appearance on Tucker Carlson\u2019s online show posted on the X platform. In the tweet, Musk <\/span>labeled<\/span><\/a> him \u201ca very promising candidate.\u201d<\/span><\/p>\n

Related Reading: XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case<\/a><\/div>\n

This isn\u2019t the first time the world\u2019s richest man has shown public support for a pro-crypto candidate, as Florida Governor Ron DeSantis was meant to announce his presidential bid during a chat with the Tesla CEO.<\/span><\/p>\n

Meanwhile, Ramaswamy is known to have taken a pro-crypto stance since the beginning of his campaign. As part of his campaign, he has promised to create a more viable environment for the crypto industry in the US.\u00a0<\/span><\/p>\n

The presidential candidate has gone as far as incorporating Bitcoin donations into his campaign funds. During a Bitcoin 2023 conference in May, he <\/span>announced<\/span><\/a> that his campaign committee was \u201cofficially\u201d accepting Bitcoin donations.\u00a0<\/span><\/p>\n

Interestingly, another presidential candidate Robert F. Kennedy also announced that his team was accepting Bitcoin donations during this conference.\u00a0<\/span><\/p>\n

\"Crypto<\/p>\n

Total market cap sees a slight recovery to $1.038 trillion | Source: Crypto Total Market Cap on Tradingview.com<\/a><\/pre>\n

Crypto A Focal Point Ahead Of Next Year\u2019s Elections<\/h2>\n

Cryptocurrencies have continued to gain more attention in the political sphere ahead of the 2024 US elections. This isn\u2019t surprising, considering that many US voters are said to be actively invested in digital assets.\u00a0<\/span><\/p>\n

Last year, a poll conducted by the crypto-focused political group GMI PAC revealed that 44% of US voters own or are considering owning digital assets. As such, it is expected that politicians will be looking to target this group of voters.\u00a0<\/span><\/p>\n

Presidential candidates like Ramaswamy and Kennedy have shown their inclination toward crypto. Kennedy, for one, has described cryptocurrency as a \u201csymbol of democracy and freedom.\u201d<\/span><\/p>\n

Republican Presidential Candidate Ron DeSantis is another huge fan of Bitcoin. The Governor has promised to end \u201cBiden\u2019s War on Bitcoin\u201d if elected. He also believes every citizen should have the right \u201cto do Bitcoin,\u201d as he mentioned during an X space with Elon Musk.<\/span><\/p>\n

Related Reading: Shibarium Launch Saga: Block Production Resumes Despite Stuck ETH<\/a><\/div>\n

Furthermore, there is reason to believe that the outcome of the 2024 elections could significantly impact the crypto industry going forward. Former SEC Attorney John Reed Stark has <\/span>predicted<\/span><\/a> that the SEC\u2019s clampdown on crypto firms could become a thing of the past if a Republican gets elected as President next year.\u00a0<\/span><\/p>\n

This prediction may not be far-fetched considering that two of the front runners for the Republican Presidential ticket (DeSantis and Ramaswamy) have publicly shown their support for cryptocurrencies.\u00a0<\/span><\/p>\n

Featured image from India Times, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

X (formerly Twitter) owner Elon Musk is known to have an underlying interest in politics and cryptocurrencies. And this time around, the world\u2019s richest man has showered praises on a pro-crypto candidate.\u00a0 Elon Musk Compliments Pro-Crypto Ramaswamy Elon Musk revealed his admiration for Republican Presidential Candidate Vivek Ramaswamy in response to a clip of Ramaswamy\u2019s appearance on Tucker Carlson\u2019s online show posted on the X platform. In the tweet, Musk labeled him \u201ca very promising candidate.\u201d Related Reading: XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case This isn\u2019t the first time the world\u2019s richest man has shown public support for a pro-crypto candidate, as Florida Governor Ron DeSantis was meant to announce his presidential bid during a chat with the Tesla CEO. Meanwhile, Ramaswamy is known to have taken a pro-crypto stance since the beginning of his campaign. As part of his campaign, he has promised to create a more viable environment for the crypto industry in the US.\u00a0 The presidential candidate has gone as far as incorporating Bitcoin donations into his campaign funds. During a Bitcoin 2023 conference in May, he announced that his campaign committee was \u201cofficially\u201d accepting Bitcoin donations.\u00a0 Interestingly, another presidential candidate Robert F. Kennedy also announced that his team was accepting Bitcoin donations during this conference.\u00a0 Total market cap sees a slight recovery to $1.038 trillion | Source: Crypto Total Market Cap on Tradingview.com Crypto A Focal Point Ahead Of Next Year\u2019s Elections Cryptocurrencies have continued to gain more attention in the political sphere ahead of the 2024 US elections. This isn\u2019t surprising, considering that many US voters are said to be actively invested in digital assets.\u00a0 Last year, a poll conducted by the crypto-focused political group GMI PAC revealed that 44% of US voters own or are considering owning digital assets. As such, it is expected that politicians will be looking to target this group of voters.\u00a0 Presidential candidates like Ramaswamy and Kennedy have shown their inclination toward crypto. Kennedy, for one, has described cryptocurrency as a \u201csymbol of democracy and freedom.\u201d Republican Presidential Candidate Ron DeSantis is another huge fan of Bitcoin. The Governor has promised to end \u201cBiden\u2019s War on Bitcoin\u201d if elected. He also believes every citizen should have the right \u201cto do Bitcoin,\u201d as he mentioned during an X space with Elon Musk. Related Reading: Shibarium Launch Saga: Block Production Resumes Despite Stuck ETH Furthermore, there is reason to believe that the outcome of the 2024 elections could significantly impact the crypto industry going forward. Former SEC Attorney John Reed Stark has predicted that the SEC\u2019s clampdown on crypto firms could become a thing of the past if a Republican gets elected as President next year.\u00a0 This prediction may not be far-fetched considering that two of the front runners for the Republican Presidential ticket (DeSantis and Ramaswamy) have publicly shown their support for cryptocurrencies.\u00a0 Featured image from India Times, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":548098,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,656,6664,14690,8375,89161,9076],"class_list":["post-548095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-crypto","tag-crypto-news","tag-elon-musk","tag-us-presidential-candidates","tag-us-presidential-elections"],"acf":[],"yoast_head":"\nElon Musk Shows Public Support For Pro-Crypto Presidential Candidate<\/title>\n<meta name=\"description\" content=\"Elon Musk, the world\u2019s richest man, has taken to X to shower praises on a pro-crypto US presidential candidate.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Elon Musk Shows Public Support For Pro-Crypto Presidential Candidate","url":"http:\/\/uniquehot.com\/news\/elon-musk-support-pro-crypto-candidate\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/elon-musk-support-pro-crypto-candidate\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Elon-Musk-crypto.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Elon-Musk-crypto.jpeg?fit=5500%2C3667"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","crypto","crypto news","elon musk","us presidential candidates","us presidential elections"],"dateCreated":"2023-08-19T17:10:44Z","datePublished":"2023-08-19T17:10:44Z","dateModified":"2024-06-11T14:39:42Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Elon Musk Shows Public Support For Pro-Crypto Presidential Candidate\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/elon-musk-support-pro-crypto-candidate\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/elon-musk-support-pro-crypto-candidate\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/Elon-Musk-crypto.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/Elon-Musk-crypto.jpeg?fit=5500%2C3667\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"crypto\",\"crypto news\",\"elon musk\",\"us presidential candidates\",\"us presidential elections\"],\"dateCreated\":\"2023-08-19T17:10:44Z\",\"datePublished\":\"2023-08-19T17:10:44Z\",\"dateModified\":\"2024-06-11T14:39:42Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Elon-Musk-crypto.jpeg?fit=5500%2C3667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/548095"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=548095"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/548095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/548098"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=548095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=548095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=548095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}