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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
The blue line is Helium's historical forecast. The black line is the actual closing price. Full transparency of past predictions. Hover over points for more information. Video Explainer.
Future Price Cone
The future price cone means the model thinks there is a 80% chance the price will land within the bounds of the cone. A blue cone is neutral, a green cone is bullish, and a red cone is bearish.
Model Correlation
Higher (closer to 1) means a more accurate model and lower (closer to -1) means a less accurate model. This is the Spearman Correlation between model predicted percent change and actual percent change calculated over the last 150 days.
Percent Correct (up or down)
This is the percent of the time our models predicted the correct direction of the price (either up or down) over the last 150 days.
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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
2024 candidates and digital currencies Balanced News
2024 presidential candidates addressing digital currencies, despite no plans for US digital dollar.
Helium Summary:
Central Bank Digital Currencies (CBDCs) are emerging as a presidential election issue among potential 2024 candidates, despite the US Federal Reserve having no plans to issue a digital dollar [Coin Desk].
Candidates, such as Robert F. Kennedy Jr. [c-span.org], Tim Scott [Fox], and Rick Perry [CNN], have announced or hinted at their presidential runs, while President Joe Biden is expected to seek re-election [Daily Mail].
May 23, 2023
Perspectives
Pro-CBDCs
Candidates supporting CBDCs may argue their potential benefits to financial systems and the economy
Anti-CBDCs
Critics worry about privacy, security, and the impact on the traditional financial system
Undecided
Some candidates might opt for a wait-and-see approach, observing the outcomes in other countries implementing CBDCs.
Will CBDCs continue to be a presidential election issue?
It is likely, given the increasing attention and debate surrounding digital currencies [Coin Desk].
News Media Bias
Sources include CoinDesk [Coin Desk], a specialized cryptocurrency publication, and major news organizations such as CNN[CNN], Daily Kos[Daily Kos], and CBS[CBS].
Coverage may lean towards sensationalism or the political leanings of the source.
Context
CBDCs have been implemented or piloted in some countries, pushing the topic into global financial conversations and impacting presidential campaigns, regardless of domestic plans.
Takeaway
CBDCs are emerging as a debated issue among potential 2024 presidential candidates, reflecting the growing importance of digital currencies in the global economy.
Potential Outcomes
1) CBDCs become a significant election issue, affecting candidate support (60%)
2) CBDC debates fade, overshadowed by other pressing topics (40%).
* Disclaimer: Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy
of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions,
you should consult a financial expert before engaging in any transaction.
