Dogecoin eyes 30% gain as market ‘prices in’ potential Trump victory
Dogecoin price has rallied since October, and data suggests it’s set to go much higher....
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Wall Street Rallies On Election Day, Palantir Skyrockets, Bitcoin Tops $70,000: What’s Driving Markets Tuesday?
Wall Street rallied on Tuesday as improved investor sentiment aligned with millions of Americans casting their votes for the 47th president. Betting markets leaned slightly toward Donald Trump, with CFTC-regulated Kalshi placing Trump’s win probability at 56% compared to Kamala Harris‘s 44%. National polls show a close contest, with...
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Cameron Winklevoss Back Donald Trump: ‘The Harris-Biden Administration Has Cost The Crypto Industry $500 Million In Legal Fees’
Gemini co-founder Cameron Winklevoss criticized the Biden/Harris administration for its impact on the crypto industry’s legal costs, implying a vote for Trump may be beneficial for the sector. What Happened: Winklevoss expressed his concerns about the rising legal costs faced by the crypto industry under the current administration, warning...
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Nate Silver’s Closest Call Yet: How 2024’s Election Stands Apart From His Predictions In 2016 And 2020
Well-known statistician Nate Silver, known for his close-call forecasts, has delivered his final prediction for the 2024 U.S. presidential race: Kamala Harris holds an ultra-narrow lead over Donald Trump in a scenario that resembles a coin toss. What Happened: According to Silver’s 80,000 simulation runs, Harris wins the Electoral...
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Pakistan Legalizes Crypto: A Major Shift From Ban To Boom
After a long history of rejecting the technology, Pakistan is now moving to legalize cryptocurrency and the blockchain. In 2023, Pakistan was one of the many countries with a hardline policy on crypto use and blockchain technology. Aisha Ghaus Pasha, the country’s Minister of State for Finance and Revenue,...
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Donald Trump Enters Election Day As 60:40 Favorite On Prediction Markets
Bettors in the 2024 U.S. election are increasingly favoring Donald Trump, with odds from regulated platforms like Kalshi reflecting a clear edge over Kamala Harris. What Happened: As of Election Day at 11.45 a.m. ET, data from Kalshi’s U.S.-regulated prediction market indicates Trump has a 59% chance of winning,...
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Will Blockchain’s Move Into Finance ‘Take Decades To Take Shape’?
As blockchain technology gains traction in traditional finance, Anthony Rousseau, TradeStation‘s vice president and head of brokerage solutions, shared his thoughts on the complexities of merging these systems. In a pre-event interview for the upcoming Benzinga Future of Digital Assets conference, Rousseau detailed the careful process of integrating blockchain...
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Dogecoin Skyrockets 11%: What Is Going On?
Dogecoin’s (CRYPTO: DOGE) single-day 11% surge has sparked speculation in the cryptocurrency community if a strong bullish run is possible in case of a Trump election win. What Happened: Crypto chart analyst Ali Martinez flagged a “Sell” signal on Dogecoin’s 4-hour chart, forecasting a potential correction to $0.161 or...
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Spot Solana ETF Proposal Clouded By VanEck’s Wash Trading Concerns
VanEck’s proposed spot Solana (SOL) exchange-traded fund (ETF) is facing scrutiny due to concerns over wash trading and the nature of on-chain activity. Matthew Sigel, Head of Digital Assets Research at VanEck, published an in-depth analysis on Tuesday, comparing SOL’s metrics with those of Ethereum to provide context and...
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Former FTX Executives Asked To Return $13 Million In Political Donations
The U.S. government is negotiating the recovery of approximately $13.25 million in political contributions made by former FTX executives, according to a recent federal court filing. What Happened: The government has asked for an extension until Jan. 15 to continue discussions with several political action committees (PACs) regarding the...
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