Fun

Crypto voters are bipartisan in desire to update the system — Coinbase

News Feed - 2024-07-11 09:07:47

Savannah FortisJul 11, 2024Crypto voters are bipartisan in desire to update the system — CoinbaseAccording to a new Coinbase study, crypto voters are diverse, enthusiastic and poised to impact key battleground states in the upcoming US presidential election.902 Total views32 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe upcoming November presidential election in the United States is fast approaching, and cryptocurrency remains a highly debated issue among candidates and voters.


A study by Coinbase released on July 11 revealed that crypto voters, in particular, are “going to make a big difference” in the key races, with one in six crypto owners living in the seven key battleground states.Source: CoinbaseYoung crypto voters


According to the study, crypto voters are “younger and more diverse,” with Gen Z and Millennials making up 65% of registered voters who own crypto. 


Among the registered voters, 40% reside in swing states — those states that could be won by either the Democrat or Republican candidate.


Registered voters who own crypto make up 35% of non-white voters, making the pool of crypto voters a diverse bunch.


Not only are these voters younger and more diverse, but they were also revealed to be active in the political race with nine out of 10 registered voters that own crypto likely to vote in the Nov. 5 election.


Moreover, those voters said they were four times more enthusiastic about voting for a pro-crypto candidate than not.


Related:Presidential candidates sidestep major tech issues in first debateBipartisan approach


This group of voters also proved to be more bipartisan, with 35% claiming to be Democrats, 34% Republicans and 31% saying they are persuadable about the party to which they belong. 


The statistics were similar among registered voters holding crypto in swing states.


Overall, crypto voters are eager to see a candidate who supports the industry with a more innovative and pro-crypto outlook.


Some in the crypto space have even established nonpartisan organizations to influence US crypto voters, such as Stand With Crypto and the Bitcoin Voter Project, which was started by a group of mining executives.


Candidates have even begun to catch on to the momentum of the crypto vote, and some researchers suggest that they may be using crypto to influence the election results and turnout.


Initially, Republican Party candidate and former president Donald Trump appeared to be a more crypto-friendly choice, though his motives have been questioned. The Democratic Party nominee, President Joe Biden, has taken some heat from the community for initially not being as pro-crypto as his opponent.


Robert F. Kennedy Jr. — the first presidential candidate to accept campaign donations in Bitcoin — and Donald Trump have both pledged to oppose the development of a central bank digital currency in the US.


Magazine:Meet the hackers who can help get your crypto life savings back# Bitcoin# Cryptocurrencies# US Government# United States# Voting# Elections# RegulationAdd reaction

News Feed

Southeast Asia’s Largest Bank DBS Launches Full-Service Bitcoin Exchange
Southeast Asia"s Largest Bank DBS Launches Full-Service Bitcoin Exchange DBS, the largest bank in Southeast Asia, has officially announced the launch of several
US Senator Introduces Bill Prohibiting Labor Department From Interfering With Crypto in Retirement Accounts
US Senator Introduces Bill Prohibiting Labor Department From Interfering With Crypto in Retirement Accounts A U.S. senator has introduced a bill to prohibit the Labor Department fr
Turner Wright2 hours agoJump Crypto filed docs confidentially in SEC v. Terraform Labs caseThe trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits.4
Nansen Report Highlights Growth of Defi and NFTs in 2021
Nansen Report Highlights Growth of Defi and NFTs in 2021 Nansen, a cryptocurrency and blockchain statistics and analytics platform, has issued a report on the growth of decentraliz
PlaceWar Co-Founder Myrtle Anne Ramos Talks Gamified Internet Culture, Metaverse and Play-to-Earn
PlaceWar Co-Founder Myrtle Anne Ramos Talks Gamified Internet Culture, Metaverse and Play-to-Earn PlaceWar is a decentralized strategic play-to-earn game universe deployed on a mul
William Suberg17 hours agoBitcoin price dives 2% on US jobs data as Fed rate hike bets heat upBitcoin briefly heads back down to $27,000 thanks to unexpected non-farm payroll numbers, with BTC price staging a strong reco
Cryptocurrency Rose Ranks in Popularity as Investment Option in Chile in 2022
Cryptocurrency Rose Ranks in Popularity as Investment Option in Chile in 2022 Cryptocurrencies rose in popularity in Chile, according to a survey from global consulting firm Bain &
Cardano releases 'Node 9.0,' paving way for upcoming Chang hard fork
Christopher Roark2 hours agoCardano releases "Node 9.0," paving way for upcoming Chang hard forkThe Cardano node GitHub page was updated with the new version, Node 9.0, which can be used to implement the upcoming hard fo
Report: Google Launches Blockchain Division
Report: Google Launches Blockchain Division The software behemoth Google has reportedly started a new blockchain-based division inside its Labs group. The division will also deal w
Ezra Reguerra14 hours agoCurve Finance founder’s $100M debt could trigger a DeFi implosion: ReportCurve Finance founder Michael Egorov has a total of $100 million in debt backed by over 400 million CRV tokens.3957 Tota
Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals
Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals The European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto asset
Bitcoin Rebounds Above $97K Ahead Of CPI Release – What To Expect
Este artículo también está disponible en español. Bitcoin has kicked off the week with notable volatility, showcasing the market’s unpredictability. After a sharp 6