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Florida CFO Jimmy Patronis 'Would Not Be Shocked' to See State’s $800M Crypto Portfolio Grow Under a Trump Presidency: CNBC

He has recommended that the state retirement system direct a portion of its funds into crypto.

Florida (Gettyimages)

Mercados

Crypto Slumps Alongside Trump's Victory Odds on Polymarket as Uncertainty and Profit-Taking Rise

The final stretch of the U.S. presidential election is keeping traders on their toes after recent big runs higher for crypto and traditional markets.

Donald Trump at BTC 2024 (Danny Nelson/CoinDesk)

Mercados

Dogecoin Jumps 10%, Outperforming on Trump Popularity as Bitcoin Nears $70K

Bitcoin's "bullish setup" into the U.S. election next week mirrors late 2020, which preceded a 120% rally in two months, Matthew Sigel of VanEck said.

Dogecoin (DOGE) price on Oct. 28 (CoinDesk)

Mercados

Polymarket Trader Betting on Donald Trump Win Ends Up Getting 99% Odds

Low liquidity led to massive slippage for one entity trying to buy up Trump “yes” shares in a short period.

Trump poster for 2024 election. (Jon Tyson/Unsplash)

Mercados

U.S. Election Betting: Kalshi's Polymarket Rival Quickly Gets Traction

In just three weeks, Kalshi's presidential prediction market has passed $30M in volume. It still trails the $2 billion traded on Polymarket since January.

MIAMI, FLORIDA - OCTOBER 21: A person wears an 'I Voted' sticker after casting their ballot in a polling station as early voting begins on October 21, 2024, in Miami, Florida. Early voting runs from Oct. 21 through Nov. 3 in Miami-Dade and Broward. People head to the polls to decide, among other races, the next president of the United States. (Photo by Joe Raedle/Getty Images)

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Republican Sweep in U.S. Election Would be the Most Bullish Outcome for Coinbase and the Crypto Market: Citi

Republican control of the Senate would be key to passing bills such as FIT21 and appointing pro-crypto agency leaders, and digital asset reform would likely happen sooner with both chambers aligned, the report said.

Trump sending bitcoin transaction at PubKey bar in NYC (Fox News/Modified by CoinDesk)

Vídeos

Tesla Is Moving Bitcoin; Trump-Supported Token Falls Flat

Elon Musk's Tesla moves $760 million worth of bitcoin. Plus, Trump-linked World Liberty Financial's token launch fails to gather much interest and the latest on the legal battle between Coinbase and the U.S. SEC. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

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Mercados

Donald Trump-Supported World Liberty Financial Raises Just 4% of Token Sale Target on First Day

Just over 792.36 million tokens of a 20 billion target have been sold since its hushed started at 12:40 UTC on Tuesday, raising nearly $11 million for the project.

Donald Trump at Bitcoin 2024 in Nashville (Danny Nelson/CoinDesk)

Mercados

Trump Touts New Crypto Token After Initial Sales Are a Dud

A token sale for World Liberty Financial was active earlier on Tuesday and raised about $9 million amid multiple website crashes, well below the $300 million fundraising target.

Donald Trump at an NFT event at Mar-a-Lago on May 8, 2024. (Danny Nelson/CoinDesk)

Vídeos

Trump Pumps DeFi Token Sale; Bitcoin Price Jumps Above $65K

Donald Trump promotes the token launch of decentralized finance project World Liberty Financial. Plus, bitcoin price jumps above $65,000 amid renewed hopes of a China stimulus and a British man files a legal claim against a local council in an attempt to retrieve his buried bitcoin. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

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