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Ahead of the upcoming U.S. election, notable smart money (SM) investors and smart decentralized exchange traders (SDTs) have been heavily investing in the $TRUMP token. Data reveals that both SM and SDTs have been steadily accumulating $TRUMP since October 19, with significant purchasing spikes on October 19 and 22. During this period, SDTs led with … Read more
While Donald Trump has been associated with broad support from the crypto community, many people in crypto have endorsed Kamala Harris as well. Go to Source
A poll conducted by Microstrategy’s chairman drew over 100K responses, revealing sweeping support for the presidential candidate seen as Bitcoin’s most powerful advocate. Who’s Bitcoin’s Best Bet in 2024? Michael Saylor’s Poll Sends a Clear Message As the 2024 election season intensifies, digital asset advocates closely analyze how a potential Donald Trump or Kamala Harris … Read more
As Robinhood rolls out its presidential election event contracts, the prediction markets Polymarket and Kalshi are drawing in substantial multi-million-dollar revenues tied to election-related trading. Robinhood Jumps Into Election Contracts Scene On Monday, Robinhood said began deploying election event contracts to select U.S. customers on Oct. 28, just ahead of the Nov. 5 U.S. presidential … Read more
Standard Chartered forecasts bitcoin reaching $73,000 on Nov. 5, U.S. Election Day, with a potential year-end high of $125,000 if Republicans sweep Congress. Standard Chartered’s Election Day Forecast: BTC Set to Reach $73K Standard Chartered’s Global Head of Digital Assets Research, Geoff Kendrick, published a report last week outlining projected bitcoin price movements based on … Read more
Morgan Stanley analysts caution that the 2024 U.S. presidential election could unleash severe market volatility, driven by prolonged ballot counting, economic uncertainty, and unpredictable voter sentiment. Election Delays and Surprises: Morgan Stanley Predicts Shifts in Market Paths Morgan Stanley analysts Monica Guerra and Daniel Kohen examined the potential market impacts of the 2024 U.S. presidential … Read more
Based on Dune Analytics’ latest figures, the prediction market Polymarket’s October volume has soared to over three times what it was in September. Polymarket Continues to Hit All-Time Highs In the lead-up to the 2024 U.S. election between former President Donald Trump and Vice President Kamala Harris, Polymarket’s trading activity has spiked dramatically. Data shows … Read more
Bitcoin’s path to $70,000 hinges on lower interest rates, the US election outcome, boosted BTC miner profits, and strong spot ETF demand. Go to Source
Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and backed U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s efforts to curb the industry. Musk signaled … Read more
Billionaire investor Stanley Druckenmiller recently explained that markets predict Donald Trump’s victory in the upcoming presidential election. In an interview with Bloomberg, Druckenmiller declared that while he remained unconvinced about this, market indicators pointed to Trump clinching the U.S. presidency. Stanley Druckenmiller: Markets Are Anticipating Trump’s Victory Legendary investor Stanley Druckenmiller has shared his insights … Read more
