Cryptocurrency News Today TheBitTimes.com

On the day Trump won the U.S. election on November 5, 2024, Bitcoin was trading at the $68,290 level after receding from a high of $72,780 on October 30. Trump won by a landslide trouncing his Democratic rival Kamala Harris in the polls with 312 electoral college votes compared to his counterpart who secured only 226. He also secured 2.5 million votes and won the popular vote, including Republicans winning the Senate and the House. Also Read: US Dollar vs Chinese Yuan: Trump To Start a Currency War? After Trump won the U.S. election, both the stock and the cryptocurrency market kick-started a massive rally. Bitcoin surged in the charts and pulled the leading altcoins to hit new yearly highs along with it. The broader markets remain optimistic with Trump at the helm as investors believe he could do well with the economy. Many others believe the President-elect could end the ongoing wars and conflicts in the Middle East and Russia-Ukraine. Bitcoin Jumped After Trump Clinched the U.S. Pre...

Bitcoin could soar to $125K by the end of the year if Donald Trump wins the presidential election in November, and $75K if Kamala Harris takes the White House, Standard Chartered said Although the result of the US presidential election is important for the crypto sector, the outcome matters less than when Joe Biden was the Democratic candidate, said global head of digital assets research Geoff Kendrick in a Sept. 12 report. Regardless of who wins the election, Bitcoin will still reach a new all-time high by the end of the year, he added. SAB 121 Progress Will Continue In 2025 No Matter Who Wins Kendrick also believes that progress on the repeal of SAB 121 will continue next year “no matter who is in the White House.” He added, however, that it would take longer if Harris becomes president. SEC appears dug in on SAB 121… They simply don’t want to provide *regulated* financial institutions w/ ability to custody crypto. Apparently prefer company they all...

The Super Trump Coin price plunged 7% in a week after climbing a fraction in the last 24 hours to trade at $0.005758 as of 00:45 a.m. EST on trading volume that plunged 79% to $968K. This comes as Polymarket bettors push the odds of Kamala Harris winning the November election to 49% in a dead heat with Donald Trump, whose chances of winning have slumped from around 70% in mid-July. In the meantime, Harris’ team has started reaching out to the crypto industry, with crypto becoming a key part of the election discussions over the past few months. Super Trump Coin Price Gears Up For A Bullish Rally The Super Trump Coin price has been on a downtrend in the last two weeks, dropping from $0.0159 along the falling channel pattern to the $0.0041 support, according to data from GeckoTerminal . The support within the lower boundary of the channel has allowed the bulls to stage a bullish trend reversal, with the price of the Super Trump Coin now trading within the upper boundary of the ...

Donald Trump was reportedly shot in the ear during a Pennsylvania rally on July 13, suddenly boosting the candidate’s popularity. The prediction market now prices a 70% chance of Trump winning the 2024 U.S. presidential election , up 10% day-over-day. Notably, Finbold retrieved data from Polymarket , revealing an impressive surge from a 60% to a 70% victory chance. The prediction market seems to strongly believe Trump will be the next United States president after the rally’s shooting. As observed, the former president’s popularity has increased over time but had an impressive boost with the recent event. Related keywords are trending everywhere, evidencing the significance of what happened on Saturday for the country and the presidential election. Picks for you Ethereum or Cardano? We asked ChatGPT-4o which crypto is a...