A Look at Post-Election Trends

November 11, 2024 at 02:30 AM GST updated: November 11, 2024 at 02:22 AM 2 mins read News XRP soared 60,000% to $3.31 after the 2016 election, marking its all-time high. Following the 2020 U.S. election, XRP spiked 177% within the same month. XRP displays a consistent pattern of post-election surges, evident in 2016 and…

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Coinbase CEO Brian Armstrong Responds to Pro-Crypto Shift in U.S. Election

🚀 Stay Ahead with AltcoinDaily.co! 🌐 In the wake of the U.S. election on November 5, Coinbase CEO Brian Armstrong has publicly acknowledged the results, which saw big wins for crypto-friendly candidates. Trump’s Election Win Former President Donald Trump, a Republican, returned to office, joined by Senator Bernie Moreno, a pro-crypto Republican who unseated Democrat…

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“No Reason to Wait”— Coinbase CLO Pushes SEC On Crypto Regulation

Paul Grewal, Coinbase’s Chief Legal Officer (CLO), has called on the U.S. Securities Exchange Commission (SEC) to take faster action on crypto regulation for digital assets. Grewal’s recent social media post reflects widespread frustration with the SEC’s current regulatory stance. This follows SEC’s series of enforcement actions against major players, including Coinbase and Kraken, for…

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Bitcoin Hits New ATH As Donald Trump Becomes President Of The United States

Bitcoin has achieved a major milestone, reaching a new all-time high of $75,300 as Donald Trump inches close to securing victory in the 2024 U.S. presidential election. The cryptocurrency market has responded with positive enthusiasm to the election. Bitcoin Touches New All-Time High of $75,000 According to CoinGecko data, Bitcoin was trading at $73,150.92, maintaining…

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How Trump’s Win Impacted Predictors on Polymarket?

Donald Trump has secured victory in the 2024 U.S. presidential election. Bitcoin surged over 10%, hitting a new all-time high. The Republican candidate, Donald Trump won the 2024 US presidential election race with 248 electoral votes, beating the Democratic candidate, Kamala Harris.  🚨 BREAKING: 🇺🇸Donald Trump officially elected President of the #UnitedStates! The global #Crypto…

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Crypto Markets Brace for Election Shifts, Coin Metrics Reports

In its latest report, Coin Metrics explores how the U.S. election may influence crypto markets. 2024 Election: Coin Metrics Examines Crypto Volatility and Market Reactions Coin Metrics’ latest report, authored by researchers Tanay Ved and Matías Andrade Cabieses, analyzes the potential effects of the 2024 U.S. presidential election on crypto markets, with particular emphasis on…

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Bitcoin Drop Sparks $350M Liquidations Ahead of U.S. Election

Bitcoin dipped below $69,000, causing $350M in liquidations. Trump’s declining odds coincide with Bitcoin’s price drop. Bitcoin’s price fell below $69,000 on Nov. 3, triggering nearly $350 million in market liquidations as the U.S. presidential election draws closer. This marked the highest trading activity since Oct. 25, when Bitcoin struggled to hold above $70,000. Data…

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Post-Election Clarity Could Ignite Ethereum, Altcoin Rally: Bitwise CIO

With the 2024 U.S. election approaching, the cryptocurrency market appears optimistic as it awaits regulatory clarity to lift the sector. Matt Hougan, Chief Investment Officer at Bitwise, believes that upcoming election results could bump Ethereum and other altcoins. All-time highs loom for Bitcoin, fueled by buoyant institutional adoption and ETF inflows, which appear to be…

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Coinbase to donate $25m to PAC Fairshake to support pro-crypto candidates in 2026 midterms

Coinbase is also supporting Stand With Crypto to increase its numbers to four million advocates In a shareholder letter, Coinbase said it “prepared to work with either administration” regardless of who becomes the next POTUS Coinbase is donating an extra $25 million to crypto super political action committee (PAC) Fairshake to support pro-crypto candidates during…

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Paxos CEO Urges U.S. To Adopt ‘Welcoming, Clearly Defined’ Regulations

Paxos CEO Charles Cascarilla has urged U.S. presidential candidates to prioritize stablecoin and blockchain technology to strengthen the dollar’s global influence. Cascarilla believes the following U.S. administration will play an important role in finance. He pointed to stablecoins as the essential conduit to streamline the financial system. This push is designed to increase economic participation…

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Why American People Will Choose Donald Trump Over Kamala Harris?

Polymarket shows Donald Trump leading Harris with a 66.6% chance of winning. 75% of Americans believe cryptocurrency can enhance the economy. As the 2024 presidential election approaches, former President Donald Trump is emerging as a compelling candidate, particularly against the backdrop of current Vice President Kamala Harris. Trump’s policies, especially his strong support for cryptocurrency…

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Bitcoin RSI History Signals Possible Post-Election Surge In Price

Bitcoin (BTC) continued to attract attention with its performance and unique patterns heading into the U.S. election period. Its Relative Strength Index (RSI) for October closely matched historical election years, reflecting RSI readings from past cycles in 2012, 2016, and 2020. Bitcoin Monthly October RSI, a week before elections:October 2012 = 65.55October 2016 = 65.42October…

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Spot Crypto ETFs To Come Under SEC Radar In 2025

The United States Securities and Exchange Commission (SEC) has announced its examination priorities for 2025, highlighting spot crypto ETFs. The SEC’s Divisions of Examinations released its focus areas related to crypto assets, blockchain technology, and distributed ledger systems. This year, the regulator plans to look into Bitcoin (BTC) and Ethereum (ETH) exchange-traded products, a change…

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Bitcoin Price Surges as Trump’s Election Odds Increase: Analysts Weigh In

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Crypto analysts are noting a growing trend where Bitcoin sees increased buying activity as Donald Trump’s odds of winning the U.S. presidential election strengthen. Bitfinex analysts highlighted this correlation in an October 21 report, suggesting that traders are using Trump’s election prospects as a guide for Bitcoin’s price movements….

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US Election Could Steer Crypto’s Future

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…

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Donald Trump Campaign Rakes In $7.5M In Crypto, Shakes Up 2024 Election

Since early June, the Donald Trump 47 Joint Fundraising Committee has pulled in $7.5 million in cryptocurrency. As the 2024 presidential race approaches, campaign financing strategies are evolving as this surge in digital contributions is indicative. New filings with the Federal Election Commission show the donations came from various cryptocurrencies, including Bitcoin, Ether, and stablecoins…

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Musk, the ‘Dogecoin Fan,’ Bolsters Trump’s Campaign with $75M

Elon Musk’s involvement in Trump’s campaign, including a series of speeches in Pennsylvania, has reportedly improved Trump’s odds of winning. Musk’s political activities have positively impacted Dogecoin’s price, which rose by 11.68% in 24 hours and recorded a significant increase in trading volume. Tech mogul Elon Musk has made headlines once again, this time for…

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VP Kamala Harris promises to support crypto regulatory framework

Vice President Kamala Harris continues to embrace crypto with “Opportunity Agenda” speech During her campaign trail, Harris hasn’t said much about crypto Harris said she wants black men “who hold digital assets to benefit from financial innovation” US Vice President and Democratic presidential nominee Kamala Harris has announced she will support a “regulatory framework for…

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Bitcoin’s Path to $100K Unaffected by U.S. Election Outcome: 10T Holdings Founder

🚀 Stay Ahead with AltcoinDaily.co! 🌐 The U.S. presidential election may dominate the headlines, but according to Dan Tapiero, founder of 10T Holdings, it won’t change the bullish trajectory of Bitcoin and other cryptocurrencies. Speaking at the Permissionless conference in Salt Lake City on October 10, Tapiero predicted that Bitcoin would reach $100,000 per coin…

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Trump’s Return To Power Could Boost XRP And Solana ETFs, Analyst Says

The potential return of Donald Trump to the presidency could substantially impact the approval of cryptocurrency exchange-traded funds (ETFs), particularly for XRP and Solana. The regulatory environment for these digital assets, which have been criticized for quite some time now, may be more favorable as a result of the Trump administration, according to Bloomberg analyst…

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Red Flags Written All Over Donald Trump’s World Liberty Finance

Donald Trump’s launch of a family owned crypto crypto project, World Liberty Financial, has raised more questions than excitement. Billed as a groundbreaking decentralized finance (DeFi) project, WLF’s recent launch not only failed to meet expectations but also left many questions about the project’s viability. With ties to previous blockchain failures, a disappointing launch event,…

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CFTC Warns Prediction Markets Are Vulnerable to Manipulation

Market News CFTC claims that the recent manipulation attempts on Polymarket highlight are highly susceptible. The CFTC has ordered Kalshi to suspend its election prediction market due to concerns about manipulation. The Commodity Futures Trading Commission (CFTC) has raised serious concerns about the potential for manipulation in prediction markets, particularly in light of recent Kalshi…

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