Join Matt and Nick as they discuss how Donald Trump’s victory in the U.S. election impacts the outlook for Bitcoin (BTC) and the crypto market more broadly.

Key Takeaways

1. Bitcoin (BTC) hit an all-time high above $80,000 after Donald Trump convincingly won the U.S. election, an ideal outcome for the crypto market.
2. If the Republicans take out the majority in the House of Representatives, a ‘red sweep’ will be official and markets may climb even higher.
3. The election result has many potential implications for crypto. Among the notable ones are the potential BTC strategic reserve and the probable change in the chair of the U.S. Securities and Exchange Commission (SEC).

Join Nick and Simon as they preview the election in the final hours before voting, discuss Bitcoin’s strength challenging news highs and the impact of more MicroStrategy buying.

Key Takeaways

1. Bitcoin fails to break through to a new all-time high.
2. Bitcoin is showing strength with ETF flows, open interest and dominance all approaching highs.
3. Solana continues to stand up as Ethereum struggles.

Join Matt and Nick as they break down payments giant Stripe’s acquisition of Bridge, a stablecoin company. They also talk about Goatseus Maximum (GOAT), Truth Terminal, certain Solana metrics hitting all-time highs, and more.

Key Takeaways

1. The crypto market slid last week as all eyes remain on the U.S. presidential election. Solana (SOL) was one of the few exceptions to record a weekly gain.
2. Stripe's acquisition of stablecoin company Bridge will be looked back on as one of the highlights of 2024. Not only does it help legitimise the crypto industry, it should help accelerate stablecoin growth.
3. Kraken announced Ink, an Ethereum L2 built on Optimism’s OP Stack. It is expected to go live in early 2025.
4. Among the other altcoin updates covered: growth in Solana’s metrics and Maker’s disappointing rebrand.