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HomeFinnacialCryptocurrencyThis Week in Crypto: Trump's Odds, Gensler's Doubts, Shiba In

This Week in Crypto: Trump’s Odds, Gensler’s Doubts, Shiba In

This weekend was packed with exciting news in cryptocurrency. Key highlights included Donald Trump’s rising election chances on Polymarket, questions about Bitcoin’s creator, and Shiba Inu’s lead developer’s mysterious post. Let’s look at the main stories keeping the crypto community buzzing.

Trump’s Election Odds Spike

Donald Trump’s chances of winning the presidential election have jumped on Polymarket, stirring discussions. Nate Silver of FiveThirtyEight suggests this may be due to a quiet phase in the campaign. Read more here.

Is Len Sassaman Bitcoin’s Creator?

Bettors on Polymarket are increasingly speculating that Len Sassaman might be revealed as Bitcoin’s creator, Satoshi Nakamoto, in an upcoming HBO documentary. Sassaman, known for his work in encryption, has long been linked to this mystery. Read more here.

Shiba Inu Developer’s Mysterious Message

Shytoshi Kusama, lead developer of Shiba Inu, shared a puzzling post that has sparked curiosity. He referenced a message with the line, “I think this will be the last chapter to my story…” Read more here.

Peter Schiff’s Advice on Government Bitcoin Sale

Economist Peter Schiff advised MicroStrategy’s Michael Saylor to consider purchasing the 69,370 BTC that the U.S. government plans to sell. This follows the government seizing these bitcoins from the Silk Road marketplace. Read more here.

Gary Gensler Questions Crypto’s Future

SEC Chairman Gary Gensler raised concerns about cryptocurrencies, including Bitcoin, suggesting they may not evolve into widely accepted payment methods. He believes they are likely to remain mostly viewed as a store of value. Read more here.

Next: Cybertruck Gets Dogecoin Makeover: Unique Vehicle Wrap

Photo credit: Unsplash

This article was produced using Benzinga Neuro and edited by Anan Ashraf.

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