Early Wednesday morning, Donald J. Trump won a second presidential term, completing a stunning political comeback. His victory was also crypto’s. The industry had championed his candidacy and donated millions to his campaign as well as a host of down-ballot races. Analysts expect a more permissive environment for crypto innovation and regulation as a result.
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Andy: Kelly, the US election has concluded and Trump is headed back to the White House, bolstered by a GOP-lead Senate. Bitcoin has already posted a new all-time high, but we know there is no magic wand to transform crypto into a fully-functioning asset class. How will we get there? Kelly: Let’s think about three
Polymarket, the crypto-based prediction market whose rise this year was vindicated by the presidential election results, is now signaling that the Republicans will almost certainly retain control of the House of Representatives. As of Wednesday afternoon in New York, "Democratic" shares for Polymarket's "House control after 2024 election?" contract were trading at 1 cent, indicating
Donald Trump won the 2024 presidential election by a landslide. Whereas polls indicated the race was a tossup, crypto hedge fund Lekker Capital went full-in on the Republican candidate. The fund’s founder, Quinn Thompson, told CoinDesk how he came about his non-consensus view. Unmute 02:04 Tesla Is Moving Bitcoin; Trump-Supported Token Falls Flat 02:28 Trump
A lot of people are saying, people inside CoinDesk, that nobody's going to read anything on Wednesday that isn't elections-related. Well maybe they don't know about all the INCREDIBLE CONTENT we have assembled in this week's The Protocol newsletter? There's even an ongoing election to keep you entertained. FEATURING: Unmute 02:31 Bitcoin Hits Record High
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