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Will Canny @ CoinDesk · 11/07/2024 04:48 EDT

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. Read more

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CoinDesk
Omkar Godbole @ CoinDesk · 11/07/2024 03:27 EDT

This Metric Points to Rotation From Gold to Bitcoin

The ratio surged 12% Wednesday as the pro-crypto Republican candidate Donald Trump won the U.S. presidential election. Read more

0

CoinDesk
Shaurya Malwa @ CoinDesk · 11/07/2024 01:36 EDT

Ether Surges 10% as Trump Victory Brings Back DeFi Bullishness

Investors say a Trump administration will favor DeFi applications and tokenomics more, given the family’s backing of World Liberty Finance - riling up DeFi-focused trades. Read more

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CoinDesk
Shaurya Malwa @ CoinDesk · 11/06/2024 22:18 EDT

What Next For Bitcoin After Trump Win? Traders Look to Fed Rate Cuts For Bullish BTC Move

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. Read more

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CoinDesk
Krisztian Sandor @ CoinDesk · 11/06/2024 17:01 EDT

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. Read more

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CoinDesk
Bradley Keoun @ CoinDesk · 11/06/2024 16:17 EDT

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. Read more

0

CoinDesk
Tom Carreras @ CoinDesk · 11/06/2024 16:09 EDT

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. Read more

0

CoinDesk
Marc Hochstein @ CoinDesk · 11/06/2024 14:10 EDT

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. Read more

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CoinDesk
Kevin Kelly, Andy Baehr @ CoinDesk · 11/06/2024 13:10 EDT

How to Build an Asset Class in Three Easy Steps

Kelly Ye, portfolio manager at Decentral Park Capital and Andy Baehr, head of product at CoinDesk Indices, trade views, active manager vs indexer, on what steps are most important to shape the capital markets and investment landscape for digital assets in a post U.S. election world. Read more

0

CoinDesk
Ben Schiller @ CoinDesk · 11/06/2024 13:09 EDT

How Trump Could Change Crypto

Analysts expect a broad market rally and changes in SEC leadership. Trump’s crypto policies include a bitcoin strategic reserve, banning a central bank digital currency and freeing Ross Ulbricht. Read more

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CoinDesk
Stephen Alpher, James Van Straten @ CoinDesk · 11/06/2024 12:26 EDT

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. Read more

10

CoinDesk
Krisztian Sandor @ CoinDesk · 11/06/2024 11:42 EDT

JPMorgan Renames Blockchain Platform to Kynexis, to Add On-Chain FX Settlement for USD, EUR

The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception. Read more

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CoinDesk
Sam Reynolds @ CoinDesk · 11/06/2024 10:22 EDT

Polymarket Resolves Presidential Election Contract

The $3.6 billion contract closed Wednesday morning as the Associated Press, Fox and NBC declared the election for Republican candidate Donald Trump. Read more

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CoinDesk
CoinDesk Indices, Tracy Stephens @ CoinDesk · 11/06/2024 09:24 EDT

CoinDesk 20 Performance Update: Uniswap Surges 28% as All Index Constituents Trade Higher After Election

Solana joins Uniswap as a top performer, gaining 12.7% as U.S. Presidential election results come in. Read more

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CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 11/06/2024 08:02 EDT

First Mover Americas: BTC Hit All-Time High as Trump Closed In on Victory

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more

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CoinDesk
James Van Straten @ CoinDesk · 11/06/2024 07:00 EDT

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. Read more

9

CoinDesk
Margaux Nijkerk @ CoinDesk · 11/06/2024 06:00 EDT

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. Read more

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CoinDesk
Shaurya Malwa @ CoinDesk · 11/06/2024 04:47 EDT

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. Read more

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24.11.2024 03:46
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