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What happens after Trump wins? Those are the words on the lips of everyone, from financial traders to crypto fans and no doubt the Ukrainian president Volodymyr Zelenskyy too.  Donald Trump has won the US presidential election and will be the 47th president when he is inaugurated on January 6, 2025. For crypto it looks like the only way is up. Even before Georgia and North Carolina fell into his column on election night, traders were taking their positions in forex, bonds and crypto. US Treasury yields are moving higher on fears that the US deficit will swell to even greater proportions. The dollar strengthened on the back of tariffs Trump plans to slap on all imports into the country, while the bitcoin price broke new highs above $75,000 in sympathy with Trump’s miraculous conversion to become an unlikely crypto evangelist.  The black stuff was affected too. Crude oil slipped on fears that the US will increase supply on the global market, in line with T

The dramatic end to the United States presidential elections significantly impacted the cryptocurrency market. As Bitcoin (BTC) recorded a new all-time high, almost all assets in the market followed suit. However, Dogecoin (DOGE) stood out as Donald Trump was flooded with congratulations. Also Read: US Election Frenzy Could Send Bitcoin (BTC) To $100K, Here’s When? Looking Into Dogecoin’s Double Digit Surge The OG meme cryptocurrency, Dogecoin, is the frontrunner in the cryptocurrency market today. The asset went from a low of $0.1662 to a high of $0.2121. Hitting the $0.20 mark has been a major struggle for the meme coin. But the momentum from the latest elections propelled the asset by 24% over the past 24 hours. At press time, DOGE was trading at $0.2023. Source It should be noted that Dogecoin temporarily surpassed XRP as the seventh-largest cryptocurrency. As DOGE’s market cap grew to $30.45 billion, it took over Ripple’s cryptocurrency. However, the asset fell back and is current

The TROY price surged 78% in the last 24 hours to trade at $0.00447 as of 03:20 a.m. EST on trading volume that skyrocketed 236% to $220 million. TROY’s surge followed listings on several exchanges in the past week or so, with the latest being BingX. Unlock the secrets of Troy – no wooden horse needed! 🐴$TROY gets listed on #BingX Futures 🎠 @TROY_DAO 👉🏻 Trade Now: Perpetual Futures: https://t.co/FnfWO5h9j5 Standard Futures: https://t.co/krfkyqgenk pic.twitter.com/KK0nLILzby — BingX (@BingXOfficial) November 1, 2024 TROY Price Aims For A Continued Surge According to the TROY/USD chart Analysis on the 8-hour timeframe, the TROY price has been on a decline since April. However, the $0.001195 support in October allowed the price of TROY to surge, with the recent price movements forming a cup and handle pattern, according to data from GeckoTerminal . TROY price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs). The 50-day SMA has since crossed above t

An analyst who accurately called the market collapse of 2022 says that a massive black swan event could crush altcoins ahead of the US election. Writing to his 105,000 subscribers in his Telegram channel, pseudonymous crypto analyst Capo says that OTHERS, which tracks the market cap of all crypto assets excluding stablecoins and the top 10 ranked coins, could be headed for a massive drop during the election. Capo doesn’t make any predictions on what exactly the black swan event could be but says it will likely be an optimal buying opportunity. “Quick update: As mentioned before, several factors could trigger a black swan event before the US election. This would cause a 35% avg. drop for altcoins, meaning that big caps could dump 25-35%, and low caps could dump 40-60%. Once again, this would be a very last shakeout before a real altseason could begin. So if it happens, just be ready and don’t get scared. Stay safe.” Source: Capo/Telegram In a more recent post

XRP has struggled to move toward the $1 mark for years, with the token predominantly consolidating below $0.60. The asset has generally failed to keep up with peers such as Bitcoin (BTC). One of the cited barriers to XRP’s lackluster growth has been the court case between Ripple and the Securities Exchange Commission (SEC). Although the case outcome has largely favored Ripple, with the token retaining its non-security status, XRP has shown minimal movement to anchor it in a position to reach $1. By press time, XRP was trading at $0.51, having rallied over 2% in the last 24 hours. However, on the weekly chart, the token is down 1.7%. Picks for you Charles Hoskinson discusses Cardano integration with Bitcoin 10 mins ago ‘Rich Dad’ R. Kiyosak

A meme cryptocurrency hunter has finally landed a windfall after placing a bet on various tokens that earned them millionaire status in two days. In this case, the investor, who has tried his luck with several tokens, saw his investment in Peanut the Squirrel (PNUT) yield a profit of $1.77 million, according to data from Lookonchain on November 3. Details of the trade indicate that the investor, who targets high-risk, high-reward tokens, secured significant profits trading the PNUT/SOL pair on Raydium, an automated market maker (AMM). Picks for you Expert warns Bitcoin 'will witness the biggest crash in years' after bull trap 2 hours ago Trader turns $44,800 into $1.4 million with Peanut (Pnut) the squirrel

Following its highly anticipated earnings report that debuted Thursday, Amazon (AMZN) stock is up as much as 7% as AI growth is driving the surge. The earnings call provided a clear opportunity for the firm to discuss the positive trajectory for some of its most important businesses. Ultimately, spurning Wall Street to respond positively over its prospects. During the call, CEO Andy Jassy noted that its AI business is growing a remarkable three times faster than Amazon Web Services (AWS) while at similar development points. Considering the incredible success that AWS—the company’s cloud-based computing business—has had, traders appeared immensely optimistic about its future. Source: Amazon Also Read: Amazon (AMZN) Q3 Earnings: Rufus AI Launch Sparks After-Hours Stock Rise Amazon Gets Massive Boost From Q3 Earnings as Investors Show Belief in AI One of the most promising stocks heading into 2024 was easily Amazon. Not only is the company an e-commerce tycoon, but it has also shown treme

SingularityDAO, a decentralized portfolio management protocol, has wrapped up an important community voting round on a proposed merger with Cogito Finance and SelfKey, according to the reports shared with Finbold on Friday, November 1. The voting round has seen overwhelming support from SDAO token holders, and SingularityDAO is now ready to proceed with the creation of Singularity Finance, an EVM Layer-2 network aimed at accelerating AI economy tokenization. SingularityDAO’s merger with Cogito Finance and SelfKey A merger with Cogito Finance and SelfKey was proposed on Snapshot’s widely-used governance platform.  Picks for you Dogecoin price set for ‘parabolic move’, according to analyst 40 mins ago Gold price prediction for 2025