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.

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.

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.

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.

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.

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.

Crypto Friendly SEC and Senate Banking Committee Expected Under Trump: Bernstein Stablecoin and crypto-market structure bills may now see faster progress, the report said.

First Mover Americas: BTC Hit All-Time High as Trump Closed In on Victory The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Is Optimism’s ‘Superchain’ Winning the Ethereum Layer-2 Race? One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where the teams encouraged developers to clone their code to spin up new layer 2s. Now, it appears, one project in particular, Optimism, appears to be pulling away as the clear leader.

Crypto Equities Surge More Than 10% as U.S. Political Uncertainty Diminishes With Trump Victory MicroStrategy and Coinbase both added 12%, with bitcoin miners also gaining more than 10% in pre-market trading.

Dogecoin Rockets 25% as Trump Nears Victory, Top Trader Signals More Gains Ahead “There is going to be a media frenzy about Elon and how his aggressively backing Trump and the ‘Department of Government Efficiency’ narrative could have been a deciding factor for a Trump win,” one trader said.

Bitcoin, Solana Hit New Cycle Highs Against Ether as Trump Edges Closer to U.S. Presidency Bitcoin dominance approached 61% with Solana dominance also primed to touch record high.

Trump’s Triumph Is Also Crypto’s: Gensler, Regulatory Clouds Likely to Vanish Buoyed by donations and votes from a digital asset industry he aggressively courted, Trump won a second term to the White House in his third bid for the U.S.’s highest office.

Polymarket, Prediction Betting Markets Vindicated by Trump’s Strong Showing Tuesday night was a shocker if you only watched CNN. But not if you’d looked at the betting all along.

Crypto Already Won Election as Trump Rises and Senate’s Sherrod Brown Falls Having $169 million to spend on U.S. congressional elections can produce fast results in Washington, as the crypto sector’s campaign-finance blitz this year helped rid it of a powerful Democratic senator who stood in the way of legislation and also populated Congress with a large number of new friends.

Solana Jumps 17%, Flips BNB Chain Token, as Trump’s Lead Renews ETF Hopes An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL’s prices.

Bitcoin Rises Nearly 10% Against Mexican Peso as ‘Trump Trade’ Soars; Gold Stays Flat Trump has vowed to impose sweeping tariffs on Mexico and other trading partners.

Bitcoin Hits New Record Above $75K as Trump Dominates Early Voting Part of BTC’s spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting.

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.

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.