Breaking News: 2024 ELECTIONS – Market Insights, Analysis & Latest Updates

2024 ELECTIONS

Former President Donald Trump sends a birthday wish to Bitcoin and takes a dig at VP Kamala Harris

Trump celebrated Bitcoin's 16th anniversary, criticizing Kamala Harris while promoting pro-crypto policies ahead of the presidential election amidst industry tensions with the Biden administration.

theblock.co • 31/10/2024 - 17:13 PM

Blockchain Association says SEC has cost crypto industry $400 million since Gensler became chair

Blockchain Association claims its members spent $400 million on SEC enforcement actions, reflecting the industry's struggles under regulatory pressure and diverging political views on crypto innovation.

theblock.co • 31/10/2024 - 15:43 PM

Bitcoin price pullback and volatility likely as US election approaches, Standard Chartered says

Bitcoin may experience volatility before the U.S. election, with predictions of a potential price drop and possible highs of $125,000 if Republicans dominate Congress.

theblock.co • 31/10/2024 - 15:01 PM

CME bitcoin options volume surges amid bullish derivatives bets ahead of US election

CME options for bitcoin futures see increased trading volume as institutional investors anticipate significant price movements related to the upcoming U.S. election, particularly with Trump leading in betting markets.

theblock.co • 31/10/2024 - 12:23 PM

The Daily: Bitcoin ETFs record third-largest daily inflows, Trump win could impact Bitcoin less than Ethereum and more

Bitcoin ETFs see record inflows, political factors affect Ethereum, Swell moves to OP Stack for Layer 2, Chainlink upgrades for broader use, and Magic Eden test token trends.

theblock.co • 30/10/2024 - 18:57 PM

2024 ELECTIONS

Post-election regulatory environment is more important for Ethereum, altcoins: Bitwise CIO

Bitwise's CIO highlights improving regulatory conditions for Bitcoin, favorable trends for cryptocurrencies ahead of the election, and potential altcoin rallies regardless of the election outcome.

theblock.co • 30/10/2024 - 16:23 PM

Paxos CEO urges Harris and Trump to create pro-crypto regulations ahead of US election

Paxos CEO Charles Cascarilla urges presidential candidates to create a favorable regulatory environment for digital assets, warning of risks if action is not taken.

theblock.co • 29/10/2024 - 18:30 PM

Rising odds of Republican election sweep could pave way for crypto bills, analysts say

Rising Polymarket odds of a Republican sweep in next week’s U.S. elections could pave the way for passing a series of crypto-related bills, analysts at Presto said. However, others have questioned the reliability of prediction market platforms, given their divergence compared to traditional polling.

theblock.co • 29/10/2024 - 15:06 PM

Cumulative open interest on Polymarket’s US presidential election market quadruples to over $200 million as vote nears

Cumulative open interest on Polymarket’s 2024 U.S. presidential election market has surpassed $200 million, according to The Block’s data feed. On Polymarket itself, Trump is nearing all-time highs in favorability at over 66% while Harris is at her lowest odds since she took over the ticket.

theblock.co • 29/10/2024 - 14:41 PM

‘Trump trade’ and derivatives market optimism help bitcoin gain ground ahead of US election: analysts

With November 5 approaching, Bitfinex analysts suggested that election-driven momentum, strong technical indicators, and elevated derivatives positioning point to an improving price outlook for bitcoin. However, they cautioned that short-term volatility is likely in the days following the election as markets react to the results and the potential for shifting macroeconomic conditions.

theblock.co • 29/10/2024 - 11:57 AM

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