In today's crypto news, Michael Saylor, executive chairman of MicroStrategy, faced backlash for advocating reliance on 'too big to fail' banks for Bitcoin custody instead of promoting self-custody, a stance he previously supported. Bitcoin enthusiasts criticized this shift, questioning his commitment to the cryptocurrency's true values. Meanwhile, Ripple co-founder Chris Larsen made headlines by donating $10 million in XRP to support Kamala Harris's campaign, emphasizing the role of American tech dominance on social media. Ripple CEO Brad Garlinghouse reaffirmed support for democratic participation in political choices. In investment trends, optimism surrounding the upcoming U.S. elections has reportedly prompted a surge in cryptocurrency inflows, with $2.2 billion recorded last week — the highest since July. This increase is attributed to expectations that a Republican win might favor digital assets, with the U.S. leading in investment while other regions saw outflows. The landscape of cryptocurrency regulation and innovation remains dynamic amid these developments.

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