Bitcoin win rate vs. S&P 500 recovers as post-midterm history favors stocks
Bitcoin outperformed the S&P 500 in half of the past 90 US trading sessions, while historical midterm data highlights gains for stocks. Source:Cointelegraph
A prolonged war in Iran is the market’s real ‘black swan,’ says this strategist
Alicia Levine, of BNY’s wealth management business, said markets have not priced in the possibility of the war in Iran lasting for a long time.…
XRP Ledger fixes a disclosed bug that could have led to the creation of new tokens
The fix went live Wednesday after validator support reset the activation clock in October. XRP itself was unaffected. Source:CoinDesk
4 market-moving issues investors should watch now that the midterms are over
The Democrats’ election sweep on Tuesday could have farreaching consequences for markets and the economy. Source:MarketWatch
What Trump can achieve without approval from a Democratic-led Congress
The president will have plenty of power to move markets by himself. Source:MarketWatch
U.S. Democratic sweep could be the final nail in the ‘Clarity Act’s coffin’
Industry experts warn the Clarity Act is likely dead in its current form as incoming Democratic majorities eye tighter scrutiny of crypto markets and tokenized…
Bitcoin hits $80.5K as US stocks rally on midterm election results
Bitcoin climbed toward $80,500 as risk assets rallied on Democrats’ midterm election gains and oil prices fell. Source:Cointelegraph
Crypto Long & Short: ICE is betting on retail’s appetite for quick outcomes
Retail traders increasingly want trades that resolve fast, from prediction markets to sameday options. Andy Baehr of GSR argues perpetual futures belong in…
Canton’s CC rises 4% as SEC staff view it as ‘digital commodity’
SEC staff’s noaction letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status. Source:Cointelegraph
Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says
Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.…
Elon Musk floats space data centers as Democratic sweep puts pressure on AI trade
Texas election result raises fears of data centre restrictions, while Musk and Palihapitiya draw attention to the space economy. Source:CoinDesk
Bitcoin ETFs lose $1.16B as Bitwise calls selling ‘short-term’
Bitwise’s André Dragosch attributed Bitcoin ETF outflows to weaker market sentiment, saying institutions have largely maintained their exposure.…