▌Biden campaign in talks to accept cryptocurrency donations through Coinbase Commerce
According to people familiar with the matter, U.S. President Joe Biden's campaign is discussing with cryptocurrency industry players about accepting cryptocurrency donations through Coinbase Commerce. Coinbase Commerce, a payment service that allows merchants to accept dozens of cryptocurrencies, has already provided crypto donations to Republican candidate Donald Trump's campaign, which began accepting digital currency donations last month.
According to anonymous sources, the discussion is the latest effort by the Biden campaign to explore how to win over cryptocurrency supporters before the election. One source said the Biden team may be seeking sponsorship through well-funded cryptocurrency supporters. A source who works with politicians and crypto industry leaders said: "They are looking at the problems in the crypto industry and trying to find quick wins to show that they support the industry. They want to show that they are not enemies."
Golden Finance reported that data showed that the total market value of cryptocurrencies has exceeded 2.5 trillion US dollars, currently at 2.568 trillion US dollars, with a 24-hour increase of 0.7% and a 24-hour trading volume of 45.7863 billion US dollars. Currently, BTC has a market share of 51.1% and ETH has a market share of 16.8%.