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Why Taylor Swift Is Endorsing Kamala Harris In US Elections 2024?

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Following the first Trump-Harris debate on Tuesday, American music sensation Taylor Swift has come out in support of Democratic Presidential nominee Kamala Harris for the upcoming US Elections 2024. In her Instagram post, Swift shared her endorsement of Harris explaining her reasons behind her consideration.

Taylor Swift Bets On Kamala Harris for US Elections 2024

For the upcoming US Elections 2024, Taylor Swift has endorsed Vice President Kamala Harris against Donald Trump. Besides, she also shared her support for Minnesota Governor Tim Walz soon after the first Trump-Harris debate on Tuesday.

The pop icon praised Harris as a “steady-handed, gifted leader” while highlighting her support for LGBTQ+ rights, reproductive health, as well as women’s rights such as supporting IVF access. Swift wrote:

“I’m voting for @kamalaharris because she fights for the rights and causes I believe need a warrior to champion them. I believe we can accomplish so much more in this country if we are led by calm and not chaos.”

The pop icon also signed off her Instagram post as “Childless Cat Lady” referring to the 2021 comments made by Republican Vice-President nominee J.D. Vance. The Ohio Senator’s three-year-old clip recently became viral wherein he calls Kamala Harris and other prominent Democrats “a bunch of childless cat ladies who are miserable at their own lives”. However, Vance has recently clarified that his comments were sarcastic.

Who’s Leading After the Trump-Harris Debate?

The first Trump-Harris debate has led to Donald Trump losing some ground by 3% as per the Polymarket data. As a result of this, the MAGA Price crashed by nearly 11% on Wednesday with no mention of crypto during yesterday’s debate.

As per the Polymarket data, both Kamala Harris and Donald Trump hold 49% odds of winning the US Elections 2024, suggesting a close tie currently between the two.

Taylor Swift also revealed that the major motivating factor in her voting decision was an AI image of her falsely endorsing Trump posted on his website. She wrote:

“It really conjured up my fears around AI, and the dangers of spreading misinformation. It brought me to the conclusion that I need to be very transparent about my actual plans for this election as a voter.”

AI deepfakes emulating popular personalities have created major trouble in recent times. A Tim Cook deepfake video appeared on the Youtube platform earlier this week during the iPhone 16 launch with crypto scammers stealing BTC and ETH from gullible users.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Dogecoin (DOGE) Reclaims Previous Breakdown, Will This Mark The Bottom?

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After a long-running streak of breaking down from support levels, Dogecoin (DOGE) is set to reverse the trend. Recent Dogecoin price action reveals that the bottom is in for the memecoin amid growing chatter for a strong rally.

Dogecoin Price Reclaims Breakdown Signaling The Bottom

Cryptocurrency analyst Trader Tardigrade says recent Dogecoin price action indicates a positive trend reversal following multiple support breakdowns. In his analysis on X, Tardigrade notes that DOGE has reclaimed a previous price breakdown at $0.15300 after a small rally.

After prices dipped below the support level, DOGE quickly recovered, powered by a rally that saw the asset record double-digit gains over the last day. Tardigrade notes that reclaiming the breakdown signals the end of a long-drawn price decline for Dogecoin.

Since the start of the year, the Dogecoin price has been in steep decline, recording three steep price breakdowns without an attempt to reclaim support levels.

dogecoin reclaims price breakdowndogecoin reclaims price breakdown

“Dogecoin has successfully reclaimed its previous breakdown, marking the first time since the downtrend began in January 2025,” said Tardigrade. “This price action suggests that Doge is gaining strength and may have already reached its bottom.”

The claims that Dogecoin bottom has gathered steam with crypto analyst Master Kenobi predicting that DOGE price will bounce back. Master Kenobi goes on to predict a new all-time high for DOGE in early June, confirming the bottom as well.

Fundamentals Stoke Support For DOGE Bottom Claims

Apart from technicals, certain fundamentals suggest that the bottom is in for the Dogecoin price. 21Shares’ filing for a spot Dogecoin ETF is fuelling a small rally for the dog-themed meme coin.

A previous collaboration between 21Shares and House of Doge for a Dogecoin ETP on the SIX Swiss Exchange is a tailwind for the asset. DOGE has survived the scare stemming from Elon Musk’s imminent departure from DOGE as it eyes the $1 mark.

However, DOGE will have to contend with heavy selling pressure from whales and the broader macroeconomic pressures impacting the cryptocurrency markets to avoid slipping below the support level again.

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Ethereum’s Controversial Developer Freed Before Full Sentence

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Virgil Griffith, a former Ethereum developer who worked on the Ethereum Name Service (ENS), has been released from prison on parole and relocated to a halfway house.

Updates posted on X on Wednesday, April 9, 2025, disclosed that Griffith is now starting his return to civilian life after serving some of his sentence for violating US sanctions.

Ethereum Developer’s Prison Release Confirmed By Sources

Brantly Milegan, executive director of Ethereum Identity Foundation, broke the news with a photo of Griffith and his parents outside the prison. Alexander Urbelis, ENS general counsel and part of Griffith’s legal team, confirmed his release from FCI Milan in Michigan.

Griffith was arrested in November 2019 after speaking at a cryptocurrency conference in North Korea. Prosecutors claimed his presentation provided information that could help North Korea evade sanctions and launder money.

From 63 Months To 56: The Sentence Journey

In 2022, Griffith was sentenced to 63 months in prison and meted a fine of $100,000 after pleading guilty to the International Emergency Economic Powers Act. In July 2024, US District Judge Kevin Castel lowered his sentence to 56 months, citing him as a first-time offender.

ETHUSD trading at $1,598 on the daily chart: TradingView.com

Crypto Return Faces Serious Hurdles

Griffith himself starts a several-year probation term. His attorneys are fighting to transfer him from the halfway house to home confinement, but returning to regular life is hindered.

The Department of Commerce placed severe export restrictions on Virgil that will extend until 2032, Urbelis explained. These limits could block his return to the cryptocurrency field.

Presidential Pardon Possibility Under Trump Administration

Before joining Ethereum, Griffith earned a Ph.D. from Caltech and created WikiScanner, a tool tracking anonymous Wikipedia edits. He also worked with Aaron Swartz on Tor2web.

According to Urbelis, Griffith is seeking a pardon from US President Donald Trump. Trump has previously granted clemency to others in crypto-related cases, including Ross Ulbricht and Arthur Hayes.

The case has triggered debate about sharing open-source information versus helping sanctioned nations. Ethereum co-founder Vitalik Buterin has supported Griffith, even signing a petition calling for his release in 2023.

Featured image from Thiessen Law Firm, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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Binance Lists BABY As Bitcoin Protocol Babylon Goes Live

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Cryptocurrency exchange Binance has revealed the listing of BABY, the native token of the Babylon Genesis blockchain. The listing comes as the Babylon Foundation finished its airdrop of 600 million BABY tokens to early adopters and contributors to the ecosystem.

Babylon Genesis Launches As First Bitcoin-Secured L1 Blockchain

The Babylon Genesis blockchain has officially gone live. The project has described itself as the launch of “the world’s first L1 blockchain secured by Bitcoin.” According to an X post by the Babylon team, this launch establishes the Babylon Bitcoin staking protocol as a “foundational infrastructure layer for Bitcoin.”

The project brings with it a fresh paradigm to securing blockchains as it employs Bitcoin as the Layer-1 blockchain’s security mechanism. In the system, the holders of Bitcoin are able to stake their BTC in order to secure the Babylon network and, as a reward, receive BABY tokens.

Babylon’s mission is to realize the maximum utility of Bitcoin by reconditioning “idle Bitcoin to be the foundation of the decentralized economy.” Such an approach helps fix Bitcoin’s lack of programmability without violating its security paradigm by using the staking protocol.

BABY Token Airdrop Successfully Launched

Babylon Foundation reported the completion of its airdrop of BABY tokens to early entrants in its ecosystem. According to official information, the airdrop distributed 600 million BABY tokens. This accounts for 6% of the total supply of 10 billion tokens.

In their announcement tweet, the foundation stated: “Dear Babylonian, the Babylon Foundation is happy to announce that the airdrop has just been successfully executed! You should be able to see your BABY in your wallet very soon.”

The foundation confirmed that there are no transfer restrictions on the airdropped tokens. This gives recipients immediate freedom to trade or use their BABY holdings. Recipients also have the option to stake their BABY tokens to secure the Babylon Genesis network and earn additional tokens as staking rewards.

The airdrop acts as a reward mechanism for early adopters and as a way to distribute governance rights.

Binance Listing Details And Token Information

Binance’s listing of the BABY token provides immediate liquidity for airdrop recipients and other BABY holders. According to the exchange’s announcement, trading for BABY began on April 10, 2025, at 10:00 UTC. The tokens are available to trade against five different currencies: USDT, USDC, BNB, FDUSD, and TRY.

The leading crypto exchange has applied the “seed tag” to BABY. This generally indicates to traders that the token is in early stages and may carry additional investment risks. Deposits for the token will be enabled six hours after Binance’s announcement. This allows users time to prepare for trading. The exchange’s announcement comes after it unveiled its decision to delist 7 crypto pairs.

The total supply of BABY tokens is set at 10 billion, with the recent airdrop distributing 600 million tokens or 6% of this total supply. This distribution approach aims to establish a broad base of token holders who can participate in the network’s governance from its early stages. According to CoinMarketCap data, Babylon is trading at $0.1032 with a market cap of $234 million.

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Vignesh Karunanidhi

Vignesh Karunanidhi is a seasoned crypto journalist with nearly 7 years of experience in the cryptocurrency industry. He has contributed to numerous publications, including WatcherGuru, BeInCrypto, Milkroad, and authored over 10,000 articles

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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