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Donald Trump
Trump Victory Sends Crypto Market Cap to $2.5T
The crypto sector was exhilarated by the sweeping victory of Republican candidate Donald Trump in the presidential race. Bitcoin's record high buoyed DOGE and SOL gains among major tokens as the overall market rallied with the election results. Data from CoinMarketCap shows that the total market capitalization of crypto hit nearly $2.5 trillion, the highest in over three months. CoinDesk's Christine Lee presents the "Chart of the Day."
Bitcoin Hits Record High as Donald Trump Wins U.S. Election
Bitcoin hit a lifetime high over $75,000 Wednesday as former President Donald Trump is set to return to the White House. "CoinDesk Daily" host Christine Lee explains what a Trump presidency could mean for crypto and how anti-crypto Democrat Sherrod Brown was replaced by a more digital asset-friendly Congress.
Polymarket Resolves Presidential Election Contract
The $3.6 billion contract closed Wednesday morning as the Associated Press, Fox and NBC declared the election for Republican candidate Donald Trump.
Trump's Triumph Is Also Crypto's: Gensler, Regulatory Clouds Likely to Vanish
Buoyed by donations and votes from a digital asset industry he aggressively courted, Trump won a second term to the White House in his third bid for the U.S.'s highest office.
Crypto Is a Clear Winner With Trump as GOP Takes Senate, Sherrod Brown Loses and Gensler Likely Heading for Door
Even before Donald Trump secured the U.S. presidency, the industry had already scored huge, getting many new allies in Congress and a serious Senate hurdle removed.
Live Updates: Trump Wins 2024 U.S. Presidential Election
Up-to-the-minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation.
DOGE Surges on U.S. Election Day; Bitcoin ETFs Shed $541M and Mt. Gox Moves $2.2B BTC
Bitcoin rallied Tuesday after recovering from a dip below $68,000 amid major bitcoin ETF outflows and new activity on Mt. Gox. Plus, Donald Trump widens his edge against Kamala Harris on Polymarket and dogecoin soars. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry on U.S. election day.
Here's Why Today's U.S. Election Matters for Crypto
It's unlikely a crypto bill will become law this year, but not impossible.
Industry-Funded Polls Back Crypto Message: They Have Enough Voters to Make a Splash
While these voter surveys are paid for with an ultimate aim of getting policy-makers' attention, the data shared by industry groups makes a case some voters seem to feel strongly.
Trump's Crypto Business Slashes Fundraise Goal by 90% After Lackluster Sales
The revised plan to sell only $30 million of WLFI tokens — instead of the originally planned $300 million — suggests Trump may not quickly see a big payday from World Liberty Financial.
