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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 18% of respondents expressed confidence in cryptocurrencies, while 20% felt the same about AI technologies. The survey highlights concerns over the potential impact of these industries on democracy and governance. Additionally, the findings suggest that voters are wary of the financial power these super PACs wield in shaping political outcomes. Overall, the data indicates a growing skepticism among the public regarding the role of emerging technologies in society.

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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

Crypto is at bottom of U.S. voters' priorities heading into elections, CoinDesk survey shows

A recent CoinDesk survey reveals that cryptocurrency is among the lowest priorities for U.S. voters as they approach the upcoming elections. Only 4% of respondents identified crypto as a top issue, ranking it behind concerns like inflation, healthcare, and the economy. The survey indicates that while interest in crypto

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Here’s what happened in crypto today

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

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

Crypto is at bottom of U.S. voters' priorities heading into elections, CoinDesk survey shows