Crypto firms push for SEC changes, crypto out of courts

November 14, 2024 Coin Telegraph

After securing a Republican Senate and a pro-crypto White House, crypto firms are now pushing for reforms at the SEC.

With Donald Trump’s reelection and a Republican majority in the Senate, crypto firms are ready to advocate for a “fresh perspective” on federal agencies.

Ripple, one of the crypto companies engaged in battle courts with United States regulators, expects the new White House administration to remove digital assets’ policy from the courts, hoping for changes within government agencies:

“The SEC is a bureaucracy, but policy is people, and people is policy. So hopefully, if you change some of the leadership at the SEC, we can start seeing a more rational approach to what they have been pursuing,” Ripple’s chief legal officer, Stuart Alderoty, told Cointelegraph in an exclusive interview.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Trump’s 2nd term to start with trifecta as Republicans tipped to win House

November 12, 2024 Coin Telegraph

Coin Telegraph

The Republicans will have total control of the executive branch and all of Congress after the GOP was projected to keep a majority in the House.

The Republicans are projected to keep the United States House, giving the party total control of the government after taking a majority in the Senate along with Donald Trump’s election win.

Decision Desk HQ called the race for the House at 12:13 am UTC on Nov. 12, projecting the GOP would win the 218 seats needed for a majority after it projected Republican Juan Ciscomani would be reelected to represent Arizona’s 6th congressional district.

There are eight seats still left to call, according to Decision Desk HQ. The GOP is currently leading in races that are still ongoing for Alaska’s only seat, along with three districts across California, while the Democrats are ahead in the rest.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Cumulative traffic to exchanges increased by 8% in October — report

November 9, 2024 Coin Telegraph

2024 US Presidential elections

The election of a pro-crypto President and pro-crypto lawmakers in the United States has brought renewed attention to the crypto markets.

Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October — reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections.

According to data from ICO Analytics, Pump Fun recorded the highest month-over-month increase in percentage terms — with 100% growth in October. BullX followed behind with a 78% growth in web traffic from September to October, and Uniswap came in third place with a 42% increase.

Binance, WhiteBit, and Coinbase dominated monthly traffic in terms of total visits in October, at 54 million, 33 million, and 30 million, respectively.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

“Significant amount of capital” to be unlocked for crypto ventures — Bitfinex analysts

November 6, 2024 Coin Telegraph

Coin Telegraph

Analysts for the crypto exchange Bitfinex anticipate a rise in capital inflows following the reelection of Donald Trump in the United States.

Bitfinex analysts anticipate a “new wave of hope” entering crypto markets following Donald Trump’s election as president of the United States.

This renewed hope is expected to translate into more capital flowing into the Web3 space as the industry expects federal agencies to adopt a less hostile stance on cryptocurrencies. According to Bitfinex analysts:

Trump’s support for the crypto industry is a new development. During his first term at the White House, Trump went on record on X as an opponent, saying he was not a fan of Bitcoin (BTC) and deeming cryptocurrencies speculative.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Bitcoin price rally to $110K ‘incoming’ after positive Coinbase premium, Trump victory — Analyst

November 6, 2024 Coin Telegraph

Bitcoin Price

A boost in Bitcoin's spot volumes and a classic chart pattern hint that $110,000 could be the next stop for BTC price.

Bitcoin (BTC) reached an all-time high of $75,358 after rallying 7.23% in a single four-hour candle. The bullish momentum accompanied the lead-up to Donald Trump’s US presidential election victory on Nov. 5.

With the US elections concluding with a “pro-crypto” president on deck, one crypto analyst re-iterated a Bitcoin price target above $100,000 in the coming weeks.

A few hours after the US election results, Titan of Crypto, an independent trader, highlighted a long-term cup-and-handle pattern for Bitcoin, which is currently undergoing a successful bullish breakout.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Live Countdown to US Elections 2024: What’s at stake for crypto

November 4, 2024 Coin Telegraph

Bitcoin Price

Follow Cointelegraph’s live updates as we count down to the US Elections 2024, exploring its potential impact on crypto regulations, markets, and the future of digital assets.

This live blog is being actively updated with the latest updates from the US Elections 2024.

In the final hours before Election Day, Democrat Kamala Harris and Republican Donald Trump wrapped up months of campaigning with last-minute rallies and events across swing states.

Harris spent Nov. 4 in Pennsylvania, kicking off her day in Scranton before delivering remarks in Allentown. She also attended rallies and concerts in Pittsburgh and Philadelphia with celebrities.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

5% of US voters identify as single-issue crypto voters — Paradigm poll

October 31, 2024 Coin Telegraph

2024 election

According to Paradigm, 20% of individuals surveyed indicated that they currently hold or have previously purchased crypto.

An October 2024 poll from venture capital firm Paradigm revealed that 5% of respondents indicated they were single-issue crypto voters in the United States presidential election. The results suggest that the voting bloc has the power to swing an election that will be determined by a “razor-thin” margin.

According to the Paradigm poll, roughly one-quarter of crypto owners surveyed indicated they were single-issue crypto voters, including 11% of voters in the 18-34 age bracket, 8% of male respondents, 7% of African American voters, and 8% of Hispanic voters.

Paradigm noted that the 5% of pro-crypto, single-issue voters is more than double the margin of victory in swing states such as Pennsylvania, Michigan, and Wisconsin, where election results are decided by a slim 1-2% margin.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Polymarket claims to have identified Trump whale

October 24, 2024 Coin Telegraph

2024 Presidential elections

According to the current Polymarket 2024 US election odds, former President Trump is favored to win all six US swing states.

Spokespeople for Polymarket claim to have identified the whale responsible for $28 million in pro-Trump trading positions as one unnamed French citizen with a seasoned background in finance and trading.

According to a piece in The New York Times DealBook, company representatives told the outlet that four separate accounts — Fredi9999, Theo4, PrincessCaro and Michie — belong to the trader.

Company spokespeople also said they found no evidence of market manipulation during the investigation, noting that the trader intentionally spread his bets across smaller positions to avoid moving the market erratically.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Better Know a Crypto Candidate: Jerrod Sessler

October 23, 2024 Coin Telegraph

2024 Presidential elections

As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on crypto.

Jerrod Sessler is running for Washington’s 4th Congressional District in the United States House of Representatives as a Republican against incumbent Dan Newhouse, who is also a Republican who has held the chair since 2015.

The GOP newcomer is an entrepreneur and the founder of the HomeTask maintenance service. Sessler also served in the US Navy and was previously a NASCAR driver. According to a video statement from Sessler, he strongly opposes the centralization of digital assets:

The Congressional candidate continued, “Those that seek to destroy American Liberty, also seek to centralize crypto. As Congressman, I will fully and completely oppose the centralization of crypto in America.”

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Pennsylvania, Wisconsin drive surge in crypto interest among swing states

October 16, 2024 Coin Telegraph

Coin Telegraph

According to a16z’s “State of Crypto” report, crypto interest has surged in three of the top five swing states since 2020.

Digital assets may not be a top issue in the United States presidential elections, but they are increasingly becoming a key topic for many voters, particularly in swing states.

According to a16z’s “State of Crypto 2024” report, data from Google Trends indicates that Pennsylvania and Wisconsin, both expected to host tight races, have recorded the fourth- and fifth-largest increases in cryptocurrency search interest since the 2020 elections.

Other swing states, such as Michigan and Georgia, have also seen a surge in cryptocurrency queries, while Arizona and Nevada have experienced moderate declines in interest since 2020. These states can swing either way — Democratic or Republican — during presidential elections, often playing a crucial role in determining the outcome of US elections.

US elections

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