5 must-read articles for the evening | How will Bitcoin react after the US election?

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1. Bitwise: Wow moment as the most powerful people in finance start holding cryptocurrencies

Last Friday, I had the great honor of delivering the keynote address at the Barron’s Advisor 100 Summit, which brings together the nation’s top financial advisors. This was my third consecutive year speaking to this group, but my first time on the main stage—partly due to the launch of a Bitcoin ETF this year. Every time I give a speech, I like to start by assessing the room—getting a sense of whether the audience is crypto experts or newbies, supporters or skeptics. So I usually ask the following question: “By show of hands, how many of you in this room own Bitcoin or another crypto asset in your personal portfolio?” Click to read

2. Variant Partners: Two main approaches to achieving an efficient interoperable Internet

The core premise of a more interoperable internet is that one app should be able to read the data of another app's users. Think about this: SeatGeek prioritizing you for season tickets based on your past betting history on DraftKings; Resy recommending restaurants based on the type of food you recently ordered on Amazon Fresh; Fila offering unique discount codes to people who watched Emma Navarro's incredible U.S. Open and are interested in purchasing gear from sponsors. Click to read

3. TON Ecosystem Development Guide: Build Your Web3 Application from Scratch

There has been a surge in applications in the ecosystem in recent times. While many projects follow similar paths, our goal remains to maximize your return on investment, both in time and money, and achieve greater results with less effort.

4.Arca Chief Investment Officer: Can we believe that the “copycat season” is coming?

In late August, we discussed the signs of recovery we were seeing in the markets and how crypto was inevitably going to catch up to the ongoing rally in gold, US Treasuries, and global stocks. Yet, crypto crashed 20% the following week. Many, including us, were taken aback by the price action in late August/early September. But the FOMC came to the rescue. While the world debated whether it was 25bps or 50bps, in the end it didn’t matter. Either way, the drama was long overdue. The rate cuts finally came, and Powell was adamant in his press conference that the Fed wanted to be ahead of the curve, not behind it. Click to read

5. How will Bitcoin react after the US election?

With the US presidential election approaching, it’s worth examining how past elections have affected the price of Bitcoin. Historically, the US stock market has shown clear trends during elections. Given Bitcoin’s correlation with stocks and, most notably, the S&P 500, these trends can provide us with insights into what might happen next. Click to read

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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