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.

‘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.

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.

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.

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 te…

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.

CoinDesk 20 Performance Update: NEAR Gains 4.8% as Almost All Assets Trade Higher Hedera was also among the top performers, rising 4.1% from Monday.

MakerDAO’s Christensen Hopes for ‘Firm Decision’ as MKR Holders Vote on Sky Brand Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low.

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.

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.

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 Polymarket

First Mover Americas: Crypto Market Little Changed as U.S. Votes The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.

Metaplanet Gains First Index Listing With Inclusion on CoinShares’ BLOCK Index The company’s stock is the best-performing Japanese equity this year, having gained nearly 840%, according to Investing.com.

Long Bitcoin Short Solana Preferred Tactical Trade Heading Into U.S. Election: 10X Research Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token.

Binance, CZ’s Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have made a fresh attempt to dismiss the Securities and Exchange Commission (SEC) lawsuit against them.

Dogecoin Rallies, Bitcoin ETFs Bleed Ahead of U.S. Elections BTC fell amid a transfer of $2.2 billion worth of the asset by defunct exchange Mt.Gox from its storage to new wallets.

Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show “It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S. election this week,” one observer said, noting pricier puts on the CME.

BTC Drops Under $68K as Mt.Gox Sends $2.2B Bitcoin to Two Wallets A majority of that stash, or nearly 30,400 BTC, was sent to “1FG2C…Rveoy” and 2,000 BTC was moved to “15gNR…a8Aok” after first being sent to a Mt. Gox cold wallet.

Crypto’s Big Trump Gamble The industry needed a friend after the Biden Administration. But getting into bed with Trump comes with plenty of risks, says Ben Schiller.