Global #Political

Tech mogul and entrepreneur Elon Musk has once again ignited national conversation—this time by floating the creation of a new political party.

In a bold move that could reshape the political landscape of crypto policy in the United States, David Bailey, CEO of Bitcoin Inc., is reportedly preparing to raise over $100 million to launch a political action-style organization dedicated to promoting Bitcoin-friendly legislation ahead of the U.S. midterm elections.

In a dramatic turn of events, Bitcoin experienced a significant drop to $58,500 following news of a second assassination attempt on former U.S. President and current presidential candidate, Donald Trump.

The competition to launch the first US spot Solana (SOL) exchange-traded fund (ETF) has intensified, fueled by institutional interest and political considerations leading up to the November elections.

Despite the recent approval by the US Securities and Exchange Commission (SEC) for several spot Ethereum ETFs, South Korean investors are still waiting for similar opportunities to arise.