Gemini Co-founder's Call to Action

Gemini exchange co-founder Cameron Winklevoss has recently fired a warning shot across the bow of the U.S. political landscape.

Winklevoss cautioned in a post on X that Vice President Kamala Harris and her advisors could soon be on a collision course with the crypto industry.

He hinted at the possibility of a 'reset' for the crypto sector, urging Harris to take decisive and concrete action.

Addressing Kamala Harris directly, Winklevoss clarified that mere promises would not suffice to repair the damage inflicted over the past four years. He emphasized that the crypto industry is not easily swayed by empty rhetoric, highlighting its community's high intelligence and resilience.

Trump's Comments and Industry Reactions

At the Bitcoin Conference, Winklevoss's comments followed those of former President Donald Trump. who stated that the crypto community demands tangible actions rather than mere words.

Following Trump's lead, Winklevoss called Harris to demonstrate her commitment by firing SEC Chair Gary Gensler before November this year. Trump had already pledged to remove Gensler on his first day back in office if he were re-elected.

Broader Concerns: Operation Choke Point 2.0

Custodia Bank founder Caitlin Long weighed in on the issue, adding another layer to the conversation. She remarked that Gensler is merely one of the many instigators behind Operation Choke Point 2.0.

Long urged Harris to take a broader approach and remove other officials allegedly working to de-bank law-abiding crypto firms.

"Gensler is just one thorn in the grand scheme of instigators of Operation Choke Point 2.0," Long stated.

Market Predictions and Political Implications

The crypto industry is rife with speculation about the upcoming elections and their potential impact on the market.

Some crypto analysts and experts believe Bitcoin prices could rise as high as $100K by the year's end if Donald Trump secures the presidency. Conversely, market analyst Jonah predicts that Bitcoin prices could crash below $50K if Kamala Harris manages to defeat Trump.

The Road Ahead

The crypto community is watching closely as the political landscape continues evolving. The demand for tangible actions rather than hollow promises is louder than ever.

With significant figures like Winklevoss and Long voicing their concerns, the pressure on Harris and her administration to act decisively is mounting.