US Election 2024 Countdown: What Cryptocurrency Bets?

This live blog is being continuously updated with the latest information from the 2024 US election.

Trump, Harris ramp up efforts in battleground states

In the final hours before Election Day, the Democratic Party's Kamala Harris and the Republican Party's Donald Trump have wrapped up months of campaigning with rallies and events in battleground states.

Harris spent November 4 in Pennsylvania, starting her day in Scranton before speaking in Allentown. She also participated in rallies and concerts in Pittsburgh and Philadelphia with prominent figures.

Trump focused his final push on three battleground states, stopping in Raleigh, North Carolina; Reading and Pittsburgh in Pennsylvania; and Grand Rapids, Michigan. After his final rally, the candidate is expected to return to Palm Beach, Florida, with plans to personally vote in the morning and host an election night dinner for top supporters.

Bitcoin price forecast to be volatile ahead of US election

The Bitcoin price has seen a strong 8% adjustment from October 29 to November 3, temporarily dropping to $67,446 over the weekend. While the higher timeframe (HTF) market structure remains bullish, traders anticipate increased volatility as the US presidential election on November 5 approaches.

Election officials warn of potential delays on Election Day

Voters casting ballots on November 5 should be prepared for potential issues, state election officials have warned.

According to a joint statement from the National Association of State Election Directors (NASED) and the National Association of Secretaries of State (NASS), Americans may face late-opening polling locations, long lines during peak hours, and potential power outages.

Officials also noted that election night results will be preliminary, as official results will include all ballots — in-person, mail, and from military and overseas voters — in the days and weeks that follow. Close races may require recounts or audits to confirm accuracy, calling for public patience.

ICYMI: Donald Trump vs. Kamala Harris on crypto regulations

Crypto regulations have become a key issue in the 2024 US election, with presidential candidates sharing their views on digital assets.

Donald Trump, once skeptical of CBDCs, now positions himself as a staunch supporter. He has expressed support for making America the "crypto capital of the planet" while criticizing central bank digital currency (CBDC) visions. His campaign has even accepted Bitcoin donations, showing alignment with crypto-friendly voters.

In contrast, Kamala Harris finally broke her silence on Bitcoin in a fundraising event on Wall Street in September, marking her first public statement on the industry. She promised a "safe business environment with consistent and transparent rules" for emerging technologies like artificial intelligence and digital assets.

Since her nomination, her advisers have reached out to major Bitcoin companies to discuss regulations favorable to the industry, indicating a willingness to engage with Bitcoin leaders.

While Congress will play a crucial role in shaping clear regulations for digital assets, the White House is expected to set the tone for how federal agencies approach the industry.

Learn more about Trump and Harris' positions on Bitcoin regulation

Crypto whales bet big on Trump victory ahead of US election

Mysterious entities are controlling the majority of "Yes" votes for Donald Trump on the decentralized prediction market Polymarket, with millions of dollars wagered on the November 5 election. Five large investors, or "whales," hold over 50% of the Trump shares, potentially netting a combined payout of over $81 million if he wins.

When will we know the winner? Here's what to expect

Americans may not know the winner of the presidential race on the night of November 5, as tight races in battleground states could delay the final result by a few days. For example, in 2020, Joe Biden's victory was not announced until four days after the election.

Seven states are considered battlegrounds this year: Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin. These states are expected to be close, potentially slowing the ultimate outcome.

Analysts predict this year's results will come sooner than 2020 as the pandemic led many Americans to vote early. This could lead to a faster resolution in 2024.

Guiding Crypto Voters on Congressional Legislation for the 2024 Election

Digital assets have become a central issue as a political matter in the current election. Industry leaders and advocates are pressuring politicians to commit to policies that promote the development and provide clarity around digital assets.

TinTucBitcoin reporter Vince Quill has compiled the key legislative pieces under consideration.

US Election vs. Fed Rate Hike - 5 Things to Know About Bitcoin This Week

Bit (BTC) is heading into the US Presidential election week with its own battle for the $69,000 level, with macro events and network fundamentals potentially adding volatility to the crypto markets.

Cryptocurrencies are trading north of $62,200 to start the week.

Trump and Harris Wrap Up Campaigns Ahead of Election Day

The 2024 US Election is underway, with millions of Americans having already cast their votes through early voting. This year's election could lead to major policy changes, with all 435 House seats and 34 Senate seats in play, along with the race between Vice President Kamala Harris and former President Donald Trump.

Key issues like the economy, immigration, and cryptocurrency regulation are in focus, making this election particularly important for the future of digital finance and innovation.

US Presidential Election 2024: Latest News and Full Coverage

Compiled by Bitcoin News