Donald Trump


News Analysis

Here's Why Today's U.S. Election Matters for Crypto

It's unlikely a crypto bill will become law this year, but not impossible.

(Mark Makela/Getty Images)

News Analysis

Industry-Funded Polls Back Crypto Message: They Have Enough Voters to Make a Splash

While these voter surveys are paid for with an ultimate aim of getting policy-makers' attention, the data shared by industry groups makes a case some voters seem to feel strongly.

The latest crypto poll seeks to make the case that some voters have single-issue love for crypto as the race for the White House and Congress near an end. (Jesse Hamilton/CoinDesk)

Finance

Trump's Crypto Business Slashes Fundraise Goal by 90% After Lackluster Sales

The revised plan to sell only $30 million of WLFI tokens — instead of the originally planned $300 million — suggests Trump may not quickly see a big payday from World Liberty Financial.

Donald Trump at BTC 2024 (Danny Nelson/CoinDesk)

Consensus Hong Kong 2025 Coverage

BlackRock's Entry Into Crypto Matters More Than U.S. Election, QCP Capital's Darius Sit Says

BlackRock CEO Larry Fink appearing on CNBC means more to QCP's founder and chief investment officer rather than presidential candidates promoting crypto.

QCP Capital's Darius Sit (Chris Lam/CoinDesk)

Policy

Inspired by Trump, Florida Official Eyes State Bitcoin Stockpile for Retirees

Citing presidential candidate Donald Trump's remarks on a U.S. strategic crypto reserve, Florida Chief Financial Officer Jimmy Patronis is pushing the idea for state pension funds.

Donald Trump's remarks at BTC 2024 have inspired Forida's chief financial official to put pension money into bitcoin. (Danny Nelson/CoinDesk)

Videos

DJT Token Rallied 180% on Trump Rumors

The DJT token, which was minted two months ago on the Solana blockchain, rallied as much as 180% recently on an unconfirmed report that former US president Donald Trump is behind it. If the report is true, it would be the first time a presidential candidate from a major political party has created a cryptocurrency. PoliFi tokens that share the former president's name were down double digits on the news. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CoinDesk placeholder image

Videos

Bitcoin’s $4.2B October Options Expiry May Bring Short-Term Volatility

October bitcoin and ether options contracts are set to expire Friday, which could breed market volatility as traders look to close their bets or move positions in the next expiry. Plus, the yield on 10-year U.S. Treasuries are surging with Republican candidate Donald Trump's election victory odds. CoinDesk Anchor Christine Lee explains what this could mean for risk assets on the "Chart of the Day."

Chart of the Day

Policy

Ripple Co-Founder Larsen Flooding Kamala Harris' Election Effort With XRP

Chris Larsen has donated more than $11 million to the vice president's election effort, sending millions worth of the crypto token to the Democratic super PAC Future Forward, according to his comments and federal records.

Ripple co-founder Chris Larsen said he's backing Vice President Kamala Harris' election effort with $10 million in XRP.

Markets

U.S. Election Betting: Kalshi's Polymarket Rival Quickly Gets Traction

In just three weeks, Kalshi's presidential prediction market has passed $30M in volume. It still trails the $2 billion traded on Polymarket since January.

MIAMI, FLORIDA - OCTOBER 21: A person wears an 'I Voted' sticker after casting their ballot in a polling station as early voting begins on October 21, 2024, in Miami, Florida. Early voting runs from Oct. 21 through Nov. 3 in Miami-Dade and Broward. People head to the polls to decide, among other races, the next president of the United States. (Photo by Joe Raedle/Getty Images)

Markets

Kalshi Finds 'Widespread Evidence' of Strong Republican Momentum in U.S. Elections

A note from Kalshi's market research team suggests the prediction market - polls gap can be explained by Harris' sliding popularity with key demographics.

Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)