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.
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The Protocol: Elections, Schmections. Blockchain’s Got Work to Do
The blockchain industry might get a boost as former U.S. President Donald Trump wins a second term, promising to keep his promises, including a long list of Bitcoin- and crypto-related pledges.
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.
Polymarket Projects a GOP House, Clinching Trump Trifecta
If the prediction market’s traders are right – and lately, they’ve been right – the election results are even more bullish for crypto than they appear.
Uniswap’s UNI Token Soars 28% as Altcoins Outperform Following U.S. Presidential Election
The broad market gauge CoinDesk 20 Index was higher by 8.2% versus bitcoin’s 6% advance following Donald Trump’s victory.
Crypto Equities Surge More Than 10% as U.S. Political Uncertainty Diminishes with Trump Victory
MicroStrategy and Coinbase both added 12%, with bitcoin miners also gaining more than 10% in pre-market trading.
Is Optimism’s ‘Superchain’ Winning the Ethereum Layer-2 Race?
One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where the teams encouraged developers to clone their code to spin up new layer 2s. Now, it appears, one project in particular, Optimism, appears to be pulling away as the clear leader.
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.
Dogecoin Rockets 25% as Trump Nears Victory, Top Trader Signals More Gains Ahead
“There is going to be a media frenzy about Elon and how his aggressively backing Trump and the ‘Department of Government Efficiency’ narrative could have been a deciding factor for a Trump win,” one trader said.
Trump’s Triumph Is Also Crypto’s: Gensler, Regulatory Clouds Likely to Vanish
Buoyed by donations and votes from a digital asset industry he aggressively courted, Trump won a second term to the White House in his third bid for the U.S.’s highest office.