Trump’s Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares
Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency’s total supply, the report said.
Bitcoin
Bitcoin Soars as Gold Dips: The Stellar 12% Surge in BTC/XAU Signals a Market Shift
The ratio surged 12% Wednesday as the pro-crypto Republican candidate Donald Trump won the U.S. presidential election.
What Next for Bitcoin After Trump Win? Traders Look to Fed Rate Cuts as BTC Sets New Highs at $76K
Analysts expect a 0.25% rate cut this week, which has historically benefited assets like BTC by diluting the dollar’s value and pushing investors towards alternative investments.
Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts
Crypto exchange Coinbase’s shares closed the day 31% higher, leading gains among digital asset-related stocks.
How This Crypto Hedge Fund Nailed the Trump Trade
Quinn Thompson, the founder of crypto hedge fund Lekker Capital, shared with CoinDesk why he was so confident Trump would win despite concerning polls.
Bitcoin price hits all-time high as Trump declares ‘victory’
During one of the many tense nights of 2024 – the one between November 5 and November 6 – the … Continue reading
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Bitcoin, Solana Hit New Cycle Highs Against Ether as Trump Edges Closer to U.S. Presidency
Bitcoin dominance approached 61% with Solana dominance also primed to touch record high.
Bitcoin Gives Up Gains as U.S. Election Anxiety Unleashes Crypto Volatility
The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.
Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless
Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.
Bitcoin Price Crushing Altcoins Heading Into U.S. Election. Is There an Alt Rally Coming After?
Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are “more sensitive” to the election results.