DeFi
DeFi tokens such as LDO, UNI, RAY, ENA, and AAVE are leaders in the current market upswing after US citizens elected Donald Trump as the next U.S. president, sparking hopes for a “DeFi Renaissance.”
Bitcoin
The price of bitcoin jumped as it became clear that pro-crypto candidate Donald Trump was going to win the US presidential election. Can it keep going higher?
Bitcoin surged to an all-time high of $75,000 on Tuesday.
The former president is seen as being friendlier to the crypto industry than Democratic rival Kamala Harris.
Regulation
Many of the elections SWC is tracking live are between candidates equally supportive of crypto, according to its own scorecard. Why?
The metric compares bitcoin’s price on Coinbase to its price on Binance to gauge US versus non-US demand. Rallies are usually more sustainable when the premium is positive.
The proposal aims to help grow Curve’s stablecoin crvUSD from its current market cap of $60 million.
Peanut grabbed the attention of those campaigning in the U.S. election and inspired the memecoin with the highest 24-hour volume on Solana exchange Raydium at $106.4 million.
Whoever winds up prevailing in Tuesday’s momentous US presidential election, one thing is clear—crypto has already won.
With the coming change in administration, Gary Gensler’s SEC doesn’t have much time to pursue enforcement against the crypto gaming company.