Morning Brew Daily Bitcoin Hits $80k for First Time Ever & Barnes & Noble is So Back
Nov 11, 2024
Bitcoin is making headlines as it crosses $80,000, fueled by political changes and crypto-backed candidates. Barnes & Noble is making a comeback with plans to open 60 new stores, focusing on community engagement. The Grammy nominations are creating buzz with Beyoncé’s records and some surprising snubs. Plus, New York’s congestion pricing faces political tension and logistical challenges, while global sporting events await new regulatory influences.
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Crypto's Political Power
- Bitcoin surged to $82,000, fueled by Trump's pro-crypto stance and GOP's potential control of Congress.
- Crypto's influence in politics is rising after substantial investments in election campaigns.
Crypto's Election Influence
- Crypto industry heavily invested in political races, with a high success rate for their backed candidates.
- Fairshake, the top crypto super PAC, played a significant role by outspending opponents.
Trump and the Sports World
- Trump's re-election raises questions about the future of sports, given his focus on the industry.
- Potential impacts include the 2026 World Cup, 2028 Olympics, and NCAA athlete classifications.