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Ripple co-founder donates $10M in XRP to Harris’ campaign, calls for “new approach” to crypto

  • Chris Larsen donated $9.9 million to PAC Future Forward and $800,000 to the Harris Victory Fund
  • Larsen is one of the crypto industry’s biggest donors in the 2024 election campaign
  • Brad Garlinghouse said that Ripple will continue to talk with Democrats and Republicans during and after the election campaign

Chris Larsen, co-founder and executive chair of Ripple, has donated $10 million worth of XRP to Vice President Kamala Harris’ election effort.

In a post on X, Larsen – who donated $1 million in XRP to the pro-Harris Future Forward political action committee (PAC) in August – said he’s donating a further $10 million in support of the Harris campaign.

In his message, Larsen said: “It’s time for the Democrats to have a new approach to tech innovation, including crypto.”

According to a report from CNBC, Larsen donated $9.9 million to Future Forward and $800,000 to the Harris Victory Fund. His donations have made him one of the crypto industry’s biggest donors in the 2024 election campaign.

In response to Larsen’s message, Brad Garlinghouse, CEO of Ripple, said on X that he “respects Chris’ (and everyone’s) right to support whomever they think is best to lead the US,” adding:

“Ripple will continue to engage with both Democrats and Republicans in the final days of the campaigns (and after the election) to promote pro-crypto policies. It’s not about party lines; it’s about championing policies that drive blockchain and crypto innovation.”

The rise in crypto donations

The crypto industry has donated around $190 million in political donations so far in the 2024 US election cycle. This is a massive rise compared to the 2020 election when $15 million was donated. Of the $190 million, over $130 million has been spent in congressional races.

Crypto super PAC Fairshake remains the largest in the election, raising over $202 million, according to Open Secrets, a research group that tracks money in US politics.

Former president Donald Trump has also received his fair share of crypto donations. In June, the Winklevoss twins sent the US candidate $2 million in Bitcoin, and in the same month, Jesse Powell, co-founder of crypto exchange Kraken, donated $1 million in Ethereum to Trump’s campaign.

The post Ripple co-founder donates $10M in XRP to Harris’ campaign, calls for “new approach” to crypto appeared first on CoinJournal.

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Bitcoin Dogs game to launch by month end as $0DOG adds 12%

Key takeaways

  • Bitcoin Dogs will launch its game by the end of the month.
  • $0DOG is up 12% in the last 24 hours as it climbs above $0.010

Bitcoin Dogs to roll out its game by month-end

The Bitcoin Dogs team has revealed that it will launch its Web3 game by the end of the month. In an X post over the weekend, Bitcoin Dogs told its community to prepare to earn big.

Bitcoin Dogs’ Telegram-based Play-2-Earn (P2E) game looks to leverage the millions of users already playing several Telegram games. The Telegram game will feature an in-game currency known as Bark, which players are expected to earn by playing. 

What is Bitcoin Dogs?

The cryptocurrency market performed excellently over the last seven days, with Bitcoin touching the $69k level again. This allowed new projects like Bitcoin Dogs to recover from their recent bearish move and rally higher. 

Bitcoin Dogs is a new project offering products and services to users in the Bitcoin ecosystem. The project is the first BRC-20 token ICO on the Bitcoin network and seeks to add another utility layer to the blockchain. 

Bitcoin Dogs raised $13 million during its presale and is now using the funds to integrate basic features of cryptocurrency, non-fungible tokens (NFTs), decentralized finance (DeFi), and Web3 culture to enable it to become a solid Bitcoin-based project. 

$0DOG, Bitcoin Dogs’ native token, is live on several crypto exchanges, including MEXC, Gate.io, Uniswap, Unisat, and others. $0DOG is also live on Coinmarketcap and DEXTools. 

$0DOG surges by 12%

$0DOG is recovering from its recent slump and has added more than 12% to its value in the last 24 hours. Thanks to this rally, Bitcoin Dogs now trades above $0.010 per coin. 

Bitcoin Dogs is up 69% from its all-time low but is still down from the $0.01792 all-time high it set two months ago. In the last seven days, $0DOG added 58% to its value, outperforming Bitcoin and the broader crypto market. 

Investors are still taking advantage of the recently launched $0DOG-ETH LP Farm, as it offers an APY of 447%. 

Should you buy the Bitcoin Dogs token now?

The crypto market is recovering from its recent slump and could surge higher ahead of the upcoming presidential election in the United States. $0DOG is down from the all-time high of $0.01792 it achieved two months ago. 

After adding 58% to its value in the last seven days, Bitcoin Dogs could surge higher as the team rolls out new products, including its upcoming Web3 game. These developments could push $0DOG’s price higher in the medium to long term.

The post Bitcoin Dogs game to launch by month end as $0DOG adds 12% appeared first on CoinJournal.