The One Issue VP Harris and President Trump Agree on Is Bullish for Crypto

The political environment is changing in our favor.                                                                                                                                                                                                                                                                                                                                                                                                                 October 16, 2024 | [Listen Online]( | [Read Online]( [Teeka Tiwari]( mailto:?subject=Post%20from%20The%20Digital%20Asset%20Daily&body=The%20One%20Issue%20VP%20Harris%20and%20President%20Trump%20Agree%20on%20Is%20Bullish%20for%20Crypto%3A%20The%20political%20environment%20is%20changing%20in%20our%20favor.%20%0A%0Ahttps%3A%2F%2Ftiwariresearchgroup.com%2Fp%2Fthe-one-issue-vp-harris-and-president-trump-agree-on-is-bullish-for-crypto The One Issue VP Harris and President Trump Agree on Is Bullish for Crypto Imagine I asked you to run a marathon wearing a 100-pound weight vest. How far do you think you’d make it? That’s exactly the position the Securities and Exchange Commission (SEC) has put the crypto industry in. At every turn, the agency has thwarted the adoption of crypto assets. Over the past few years, SEC Chair Gary Gensler has been on an anti-crypto crusade. His agency has aggressively sued popular exchanges like Coinbase and Kraken. But that’s all about to change. The Supreme Court recently ripped that 100-pound weight off the crypto industry’s back when it overturned the Chevron doctrine defense back in June. I’ll explain more about that in a moment. But now, the top two candidates for president of the United States have pledged to level the track and clear even more hurdles to growth. Friends, what’s unfolding across the political landscape is part of a phenomenon I call [The Convergence.]( It’s the confluence of three one-time generational forces. Right now, one of those three forces is starting to push crypto prices higher. That’s why it’s so important for you to understand this phenomenon… Because if you wait until all three forces converge, the window to move the needle on your net worth from this event will close forever. The Changing Political Landscape The Convergence is the meeting of three one-time generational trends: the launch of the Ethereum exchange-traded funds (ETFs), which will spawn the launch of crypto income products… A friendlier regulatory landscape… And Federal Reserve interest rate cuts. I recently held a special briefing to explain how these three catalysts will push a tiny subsector of the crypto market much higher. [You can stream the replay right here.]( Of the three forces, the changing regulatory environment is the one having the greatest impact right now. And it’s starting to push prices higher. If you haven’t been following The Convergence closely, let me get you up to speed… In June of this year, the U.S. Supreme Court overturned the 1984 Chevron doctrine — named after the case Chevron v. Natural Resources Defense Council. The Chevron doctrine instructed lower courts to defer to federal agencies when laws passed by Congress aren’t crystal clear. However, the Supreme Court shifted that power to clarify laws from the executive branch to the judiciary. We don’t need to get into all the legalities. In short, the Supreme Court ruled that federal agencies (like the SEC) no longer have the power to enforce regulations based on their interpretations of ambiguous laws. For the crypto industry, the ruling means the SEC can no longer make up bogus reasons to slow down the creation of new crypto ETFs. I believe the impact of this decision will be incredibly bullish for crypto in the long run. That’s because the SEC can no longer arbitrarily stymie the launch of crypto products like ETFs as it’s done under Gensler’s regime. But I believe the biggest – and most bullish – political shift is coming from the top of the tickets at the executive branch, not the judicial branch. Both Vice President Kamala Harris and President Donald Trump are openly embracing crypto. And this will be a game-changer for the digital asset class. Crypto Is Now a Campaign Issue In August, President Trump spoke at Bitcoin 2024 in Nashville. It’s the largest bitcoin conference in the world. During his address, Trump vowed to make the United States the “crypto capital of the planet and the bitcoin superpower of the world.” This was a complete about-face for President Trump. Just three years ago, he called bitcoin a “scam against the U.S. dollar.” Today, he’s one of the biggest political proponents of crypto and has promised to put people in power who understand the industry, not hate it. If Trump wins, we should see a friendlier crypto regime in the United States. But the about-face by Vice President Kamala Harris and the Democrats may signal an even greater change in the political landscape. At best, President Joe Biden’s administration has been unfriendly to crypto. At worst, it’s been openly hostile. Gensler is one of several Biden appointees who have been vocal opponents of crypto. And he’s largely made good on promises to crack down on the industry. But once Biden withdrew from the race, Harris began to break with her boss on crypto. Unlike President Biden, surrogates say Vice President Harris “understands” crypto and will embrace it as an issue in her campaign for the White House. On Monday, she pledged to support a regulatory framework for cryptocurrencies. The pledge follows years of complaints by the industry that U.S. officials have chosen a path of regulation through enforcement rather than providing clarity. Now, Harris hasn’t released details on a plan yet. But it’s expected to be much less negative to crypto than the Biden administration. And that alone is a positive. Since announcing her pledge on Monday, bitcoin is up as much as 8%. Altcoins like Ethereum and Solana have risen as much as 9% and 8%, respectively. The market is starting to realize that no matter who becomes the next president, crypto will be the big winner. Friends, this is exactly how I predicted [The Convergence]( would play out. Right now, the market is just pricing in this one catalyst. It still hasn’t put all three pieces of the puzzle together. Once it does, we’ll see a bull market for the ages. Crypto Is Ready for Lift-off For years, I’ve predicted crypto would become a campaign issue. And that prediction is now playing out. An estimated 20% of Americans own crypto. And a recent Harris Poll found one-third of voters plan to take a candidate’s crypto policy into consideration when voting. As his Bitcoin 2024 address indicated, President Trump has made tremendous inroads with this growing voter bloc. The Harris team and the Democratic Party see this. So, they have no choice but to reevaluate their anti-crypto stances. This is bullish for bitcoin. And as bitcoin goes, so do altcoins. As I told viewers during my special briefing, the crypto subsector we believe will get the biggest boost from The Convergence are tokens that come with [“automatic payouts.”]( After seeing the success of regulatory-compliant bitcoin and Ethereum ETFs, Wall Street has started eyeing other tokens it can create funds for. I believe Wall Street will next target the creation of an ETF focused exclusively on coins that come with automatic payouts. Here’s why… Wall Street already has 168 stock market dividend ETFs with more than $372 billion in assets under management. With so many fees they could collect by pumping out more, it’s a no-brainer for them to replicate that in ETFs that give exposure to crypto payout coins. Today, the fixed-income market is over $133 trillion. The entire market value of these income tokens is just $481 billion. So if just 1% of fixed-income assets flows into crypto income ETFs, that would be $1.33 trillion coming in. That’s nearly 3x the size of the entire value of ALL crypto income tokens. In a time when regulators can no longer slow the adoption of crypto… And investors will soon be starving for yield… What do you think is going to happen to the usage and adoption of these cryptos that have payouts? They have to go up. That’s the only logical conclusion. Today, this opportunity is still tiny. Most people either don’t know about crypto payout coins or are dismissing them as a fad. That will prove to be a costly error. The time to act is now, before the launch of the first round of crypto income ETFs. That’s why I recently recommended six automatic payout tokens to play The Convergence. [You can learn more about them right here.]( Friends, after years of hostility, the political environment is changing in our favor. Bitcoin has seen peak gains of 19,548% since I first recommended it in April 2016. Some of my altcoin recommendations have done even better than that. And that’s with a 100-pound vest draped over the industry’s back. Now imagine how fast and far crypto will run with that weight removed and a level track in front of it. That’s the opportunity ahead of us. But it won’t last long. Let the Game Come to You! Big T Share The Digital Asset Daily You currently have 0 referrals. [Click to Share]( Or copy and paste this link to others: [ [fb]( [tw]( [ig]( [yt]( [in]( Update your email preferences or unsubscribe [here]( © 2024 Tiwari Research Group 1607 Ponce De Leon Ave San Juan, Puerto Rico 00909, Puerto Rico [Terms of Service](