According to Whale Alert data, since Trump won the US Presidential Election (November 6), Tether Treasury has minted 7 billion new USDT.
After Donald Trump won the US Presidential Election, analysts at Bernstein, a research and brokerage firm, said the regulatory headwinds for cryptocurrencies had now turned into tailwinds - and that the market was "far from factoring in the shift". A team of analysts led by Gautam Chhugani told clients in a report on Wednesday that they expect the new chairperson of the "cryptocurrency-friendly" Securities Exchange Commission and the Senate Banking Committee to accelerate regulatory transparency...
The day after Donald Trump won the US Presidential Election, the BlackRock Spot Bitcoin ETF (IBIT) surged to $1 billion in trading volume in the opening 20 minutes. "The IBIT was trading at $1 billion in the first 20 minutes, which is about the volume of its entire day," said Eric Balchunas, senior ETF analyst at Bloomberg. "The other bitcoin ETFs are facing the same situation, with crazy volume. Record volume is on track." The BlackRock Bitcoin ETF has approximately 30 assets under management.
According to the policymaking office, it is predicted that Trump will win the US presidential election.
According to the policymaking office, it is predicted that Trump will win the US presidential election.
Ebury said that if Trump wins the US Presidential Election, the dollar could rise; if Harris wins, the dollar could fall. Ebury strategist Matthew Ryan said in the report that a Trump victory would boost the dollar, especially if Republicans also control the Senate and House of Representatives, as investors factor in U.S. tax cuts, higher Federal Reserve interest rates, rising trade protectionism and rising geopolitical risks. In a Harris victory, currency volatility would be more controlled. Ho...
Analysts at Bitfinex said the likelihood of Trump winning the presidential election, combined with historically bullish market conditions, could be a "perfect storm" of price action that could push bitcoin to all-time highs next month. "The confluence of election uncertainty, the Trump trade narrative, and favorable fourth-quarter seasonality has created a perfect storm for Bitcoin, and whatever the price moves ahead of the election in two weeks' time, there will be an exciting period ahead." ...
According to Polymarket data, the probability of Trump winning the 2024 US presidential election has dropped to 47%, and the probability of Harris winning the 2024 US presidential election has risen to 52%.
Former President Donald Trump's chances of winning the US Presidential Election have improved dramatically after an assassination attempt on Saturday. The share of "yes" contracts on whether Mr. Trump will win the election rose from $0.60 to $0.70, according to Polymarket data. That means traders put the likelihood of Mr. Trump winning the November election at 70 per cent. The odds of Mr. Biden winning the election fell from 30 per cent to 17 per cent at the same time, according to Polymarket, w...