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These Altcoins Will See A 10x Rally If Trump Wins The Election!
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Arthur Hayes favors Solana ahead of the U.S. election and calls it a “high beta Bitcoin” in Unchained podcast; it doesn’t matter who wins the U.S. election because the primary impact on digital assets will be the Fed’s decision on November 7. He warned that no matter how politics change, crypto regulation is unlikely to see significant improvements. Source: Wu Blockchain News
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In the past 12 hours, Polymarket showed that in the most important swing state of Pennsylvania, Trump's chances of winning dropped from 56% to 51%, while Harris's chances rose from 45% to 50%. The Washington Post survey showed Harris leading Trump with 48% to 47% in Pennsylvania. Source: Wu Blockchain News
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Ki Young Ju, CEO of CryptoQuant, noted that the stablecoin market has expanded substantially from $30 billion in September 2021 to around $166 billion currently. However, only about 21% of these stablecoins are now held on exchanges, a significant shift from 2021 when over half were stored there. This change suggests that many stablecoin holders are moving away from using them solely for trading on exchanges. Instead, they may increasingly view stablecoins as a safe store of value or a convenient tool for cross-border remittances, reflecting a broader trend toward using them beyond trading purposes
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