2024 US Presidential Election: Latest News and Full Coverage

Wintermute joins at least eight other large crypto firms that announced their expansion to the US, banking on improved regulatory clarity for the Web3 industry.

Abu Dhabi’s MGX will use a Trump-affiliated stablecoin to settle a $2 billion investment into Binance in one of Web3’s largest funding deals.

Polymarket’s Trump/Ukraine mineral deal bet sparked a backlash as a whale-controlled vote settled it incorrectly, raising concerns over manipulation and governance risks.

Financial institutions are also positioning themselves for upcoming US stablecoin legislation, which may be finalized in the next two months.

Bitcoin could rally to $110,000 as investors await key PCE inflation data out of the US, with analysts saying easing macro risks may trigger a strong April performance.

US President Donald President Trump won every swing state in the 2024 election with heavy support from the cryptocurrency industry.

Crypto executives are still waiting for detailed guidance from the White House on issues like securities regulation and taxation.

Some industry watchers say political donations are necessary for the emergence of more regulatory clarity around cryptocurrencies.

The market is still assigning a relatively low probability to the creation of a national crypto reserve, Sygnum Bank’s head of research said.

The digital asset’s volatility is reaching cycle highs across multiple measures, according to data from TradingView and Glassnode.

Robinhood reportedly plans to service Singapore through Bitstamp, which it agreed to buy in 2024.

Brian Quintenz’s use of the Web3 social media platform signals his friendly stance toward crypto.

The strategic reserve aims to invest in the growth of Bitcoin, Ether and other cryptocurrencies “at the forefront of reshaping global finance.”

Several other major crypto firms are also considering hitting the public equity markets in 2025.

Coinbase is among several top US crypto firms scheduled to report earnings this week.

Traders say the tokens drawdown was more about shifts in market liquidity than fundamentals.

XRP Ledger’s decentralized exchange has seen a total of more than $1 billion in swap volume since launching in 2024, according to Ripple’s CEO.

While the new president has made no announcement, Consensys founder Joe Lubin pointed out some tell-tale signs, including World Liberty Financial’s recent Ether purchases.