ilmscore | Elections 2024: Watch This If You Hold Crypto!!

Elections 2024: Watch This If You Hold Crypto!!

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
A conflict similar to the Ukraine invasion could lead to a sharp drop in BTC price.
"if the Ukraine conflict is any indication we could see a sharp drop in the price of BTC for context when Russia invaded Ukraine in February 2022 the price of BTC dropped 7% in a single day"
BTC
Pending
If Nayib Bukele remains president of El Salvador and Bitcoin's price continues to rise, interest in the country's Bitcoin adoption experiment is expected to increase.
"if ni remains in power and BTC continues to rise expect to see revived interest in El Salvador's Bitcoin experiment"
BTC
Pending
A Chinese military strike on Taiwan, potentially involving the US and allies, could significantly destabilize global politics and economies, leading to turmoil in crypto markets.
"the election results could exagerate already strained China us relations the big worry is that China could launch a military strike on Taiwan if that happens the US Military and possibly those of other few allies will likely be drawn in to defend the island this would not only shake up the world politically but it would Ripple across economies throwing markets including crypto into turmoil"
China-US Relations & Taiwan
Pending
The use of AI in elections is expected to increase significantly worldwide.
"something tells me that we'll be seeing AI used a lot more in elections across the world"
AI in Politics
Pending
The UK, under Rishi Sunak, has shown a clear intention to become a global crypto hub, with the Financial Services and Markets Act 2023 establishing regulatory structures, though the full impact is yet to be seen.
"under him the UK passed the financial service and Markets act 2023 which creates regulatory structures for crypto in the UK it's fair to say that under sunak the UK has demonstrated a clear intention to become a global hub for crypto but that the full impact of these measures on the industry is yet to be seen"
UK Crypto Regulation
Pending
Historical data suggests that US stock markets (S&P 500) tend to perform positively in presidential election years, with positive returns in over 80% of elections since 1928.
"historical data shows markets have tended to rise in presidential election years in fact in over 80% of Elections since 1928 the S&P 500 recorded positive returns"
US Election Impact on Markets
Pending
Crypto lobbying groups are expected to spend hundreds of millions of dollars in the US this year, supporting pro-crypto candidates and opposing anti-crypto ones.
"we could see crypto lobbying groups and I quote putting hundreds and hundreds of millions of dollars into supporting Pro crypto candidates or lobbying against anti- crypto ones this year"
Crypto Lobbying in US Elections
Pending
There's a question of whether crypto will influence politics more than politics influences crypto in the upcoming US election season.
"this year will we see crypto influencing politics rather than politics influencing crypto"
Crypto Influence on Politics
Pending