Live Updates: Trump Wins 2024 U.S. Presidential Election
Up-to-the minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation from CoinDesk.
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.
‘It’s So Early’: How Solana Is Competing With Ethereum for Institutional Interest
Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.
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.
Bitcoin Hits New Record Above $75K as Trump Dominates Early Voting
Part of BTC’s spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting.
Crypto Is a Clear Winner With Trump as GOP Takes Senate, Sherrod Brown Loses and Gensler Likely Heading for Door
Having $169 million to spend on U.S. congressional elections can produce fast results in Washington, as the crypto sector’s campaign-finance blitz this year helped rid it of a powerful Democratic senator who stood in the way of legislation and also populated Congress with a large number of new friends.
Polymarket, Prediction Betting Markets Vindicated by Trump’s Strong Showing
Tuesday night was a shocker if you only watched CNN. But not if you’d looked at the betting all along.
Solana Jumps 17%, Flips BNB Chain Token, as Trump’s Lead Renews ETF Hopes
An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL’s prices.
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.