Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts

Crypto exchange Coinbase’s shares closed the day 31% higher, leading gains among digital asset-related stocks.Source

The Protocol: Elections, Schmections. Blockchain’s Got Work to Do

The blockchain industry might get a boost as former U.S. President Donald Trump wins a second term, promising to keep his promises, including a long list of Bitcoin- and crypto-related pledges.Source

How This Crypto Hedge Fund Nailed the Trump Trade

Quinn Thompson, the founder of crypto hedge fund Lekker Capital, shared with CoinDesk why he was so confident Trump would win despite concerning polls.Source

Polymarket Projects a GOP House, Clinching Trump Trifecta

If the prediction market’s traders are right – and lately, they’ve been right – the election results are even more bullish for crypto than they appear.Source

How to Build an Asset Class in Three Easy Steps

Kelly Ye, portfolio manager at Decentral Park Capital and Andy Baehr, head of product at CoinDesk Indices, trade views, active manager vs indexer, on what steps are most important to shape the capital markets and investment landscape for digital assets in a post U.S. election world.Source

How Trump Could Change Crypto

Analysts expect a broad market rally and changes in SEC leadership. Trump’s crypto policies include a bitcoin strategic reserve, banning a central bank digital currency and freeing Ross Ulbricht.Source

Uniswap’s UNI Token Soars 28% as Altcoins Outperform Following U.S. Presidential Election

The broad market gauge CoinDesk 20 Index was higher by 8.2% versus bitcoin’s 6% advance following Donald Trump’s victory.Source

JPMorgan Renames Blockchain Platform to Kinexys, to Add On-Chain FX Settlement for USD, EUR

The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.Source

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.Source

CoinDesk 20 Performance Update: Uniswap Surges 28% as All Index Constituents Trade Higher After Election

Solana joins Uniswap as a top performer, gaining 12.7% as U.S. Presidential election results come in.Source