Bitcoin Gives Up Gains as U.S. Election Anxiety Unleashes Crypto Volatility

The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.Source

‘It’s So Early’: How Solana Is Competing With Ethereum for Institutional Interest

Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.Source

Live Updates: Crypto and the 2024 U.S. Election

Up-to-the minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation from CoinDesk.Source

Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless

Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.Source

Bitcoin Price Crushing Altcoins Heading Into U.S. Election. Is There an Alt Rally Coming After?

Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are “more sensitive” to the election results.Source

Chainlink, UBS Asset Management, Swift Complete Pilot to Extract Cash From Tokenized Funds

The pilot was run as part of the Monetary Authority of Singapore’s Project Guardian.Source

Here’s Why Today’s U.S. Election Matters for Crypto

It is Election Day in the U.S. At some point in the coming hours, days and weeks, we’ll know which major party wins control of the House of Representatives, the Senate and the White House. Presidential candidates Kamala Harris and Donald Trump might get most of the headlines, but which political party controls Congress probably means a lot in terms of how cryptocurrencies will be treated in the nation, especially in the short term.Source

Bitcoin Breaks Above $70K as Crypto and U.S. Stocks Move Higher Early on Election Day

After a good deal of volatility over the past few days, betting markets like PolymarketSource

Memecoin Creators Hop on U.S. Election Mania With Thousands of New Tokens

While the U.S. election has directed investor focus to bitcoin and Polymarket, the murky memecoin market is also beginning to heat up. Thousands of election-themed tokens have been created over the past 24 hours.Source

MicroStrategy’s Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says

The company needs financing conditions to remain agreeable, and there needs to be continued investor demand for the firm’s convertible debt, the report said.Source