First Mover: Bitcoin Heads for 24% October Gain as US Election Countdown Begins
Pantera's Dan Morehead looks at negative images of GDP charts and counts words in Satoshi Nakamoto's white paper to chronicle bitcoin's "movement."
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Bitcoin had an unusually bullish October, with a 29% gain that led the monthly performance ranking of digital assets in the CoinDesk 20.
The US election is fast approaching, with voters set to cast the final votes in the next 48 hours. This election season has seen a unique focus on the crypto industry, as the two major candidates, Kamala Harris and Donald Trump, have addressed the future of digital assets as a key campaign point. Related Reading: […]
From a look-back to bitcoin's price reaction in November 2016 to the ramifications of a "blue wave" (or red), here's how to play the election.
Monday's sell-off shows bitcoin is likely to trade off with risky assets like stocks if U.S. election chaos sends markets into a fresh downdraft.
Theresa May, the British unelected current Prime Minister, has surprised and at the same time excited everyone by all the sudden calling a snap election in what may be an historical two months of campaigning. “It was with reluctance that I decided the country needs this election, but it is with strong conviction that I say it is necessary to secure the strong and stable leadership the country needs to see us through Brexit and beyond,” May said according to Reuters. No one was expecting the British election as May has univocally stated there will not be one, but the surprise u-turn sent....