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Americans distrust crypto, AI as industry super PACs flood midterms, poll finds

A recent poll reveals that a significant portion of Americans harbor distrust towards cryptocurrencies and artificial intelligence, particularly as industry super PACs increase their influence in the midterm elections. Only 25% of respondents expressed confidence in the crypto sector, while concerns about regulation and security remain prevalent. The survey highlights a growing skepticism about the motivations behind political contributions from tech and finance industries. Additionally, the findings suggest that voters are increasingly wary of the implications of these technologies on society. Overall, the poll underscores the challenges facing the crypto industry in gaining public trust amidst rising scrutiny.

Read the full article: Coin Telegraph

Americans distrust crypto, AI as industry super PACs flood midterms, poll finds

Here’s what happened in crypto today

On October 3, 2023, Bitcoin experienced a significant price surge, reaching a peak of $35,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, climbing to $2,200, as developers announced upgrades aimed at improving scalability. Meanwhile, regulatory discussions in the U.S. continued to

Bitcoin preps highest weekly close since January as BTC price nears $79K

Bitcoin is on track for its highest weekly close since January, with its price approaching $79,000. The cryptocurrency has seen significant upward momentum, driven by increased institutional interest and positive market sentiment. Analysts suggest that if Bitcoin maintains this trajectory, it could break through previous resistance levels. The growing

Americans still prefer banks over crypto for financial access, CoinDesk's survey shows

A recent CoinDesk survey reveals that a majority of Americans still prefer traditional banks over cryptocurrencies for financial access. Approximately 60% of respondents indicated they trust banks more than crypto platforms for managing their finances. The survey also highlighted concerns about the security and volatility of cryptocurrencies, which contribute to

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