ChainCatcher news, according to Bloomberg, the cryptocurrency industry spent about $135 million to support over 50 candidates during the 2024 U.S. election cycle, including Democrats and Republicans, incumbents and challengers, frontrunners and long shots. But they now all have one thing in common: victory.In the elections on November 5, as of noon local time on Friday, all 48 candidates supported by the cryptocurrency industry's largest political action committee have declared victory. In the eight elections still counting votes, candidates backed by the political action committee are leading in all but three of the races.According to the consumer advocacy nonprofit Public Citizen, its influence campaign far exceeds that of traditional corporate donors, such as Koch Industries and Chevron. Since the landmark Supreme Court decision in 2010 that lifted restrictions on corporate political spending, the industry ranks second only to the fossil fuel industry in terms of total amount deployed. Now, the industry is touting its massive election spending and its results as evidence that it has become an undeniable political force, gearing up for the next legislative session and the 2026 midterm elections.

ChainCatcher news, according to Bloomberg, Zhao Changpeng reflected on his forced departure from Binance and his four-month imprisonment during an interview. During that time, he passed the time by exercising, writing a book, and discussing cryptocurrency with his cellmates. CZ stated, "I feel like I don’t want to go back to being the CEO of Binance. I have led the company for seven years. I really enjoy this job. Although it is a heavy workload. But I think that chapter is over."In addition, Zhao Changpeng mentioned that he even received offers to sell his stake in the exchange—these stakes constitute a large part of his personal net worth, but he refused to disclose who the buyer was or the price.Zhao Changpeng declined to comment on the U.S. elections but expressed satisfaction with the direction of X (formerly Twitter).Zhao Changpeng stated, "I think after Musk took over, Twitter has developed much faster. It has launched new features, and the pace of change has accelerated significantly. I’m not too worried about the fluctuations in investment value. We are long-term investors."

ChainCatcher news, although Polymarket has seen an increase in trading volume and active trading users during the U.S. election, the average bet size among users has shown a downward trend overall. According to incomplete statistics, users betting amounts below $500 currently account for over 85%, with more than 40% of users betting amounts below $50. OKG Research believes this may indicate that Polymarket is attracting more users with lower economic capacity or risk tolerance into the market.In addition, with the results of the U.S. presidential election revealed, there are currently 3 accounts on the Polymarket platform that have profited over $10 million, and nearly 70 addresses have profits exceeding $1 million, an increase of more than 10 times compared to before. However, only about 12% of accounts on Polymarket have achieved positive profits.

ChainCatcher news, as investors position themselves for the prospect of Trump winning the U.S. presidential election, the dollar has risen to a four-month high.Saxo Bank analyst Ipek Ozkardeskaya stated in a report that the so-called "Trump trade" is in full swing, as the election results point to a favorable outcome for the former president. The "Trump trade" refers to betting that his proposed policies (including tax cuts and trade tariffs) will trigger inflation and lead to higher interest rates. (Jin Shi)

ChainCatcher news, Matrixport released a daily chart report, indicating that Bitcoin experienced a slight sell-off at the critical moment of the election, with the Greed and Fear Index retreating from the overbought "Greed" zone to a more balanced level, creating conditions for subsequent increases.As the results of the U.S. presidential election become clearer, the market is expected to welcome a year-end rally in risk appetite. With the election situation being tight and volatility continuing to rise, once volatility decreases, traders will be in a better position to increase their positions.Against the backdrop of strengthening upward momentum in Bitcoin, the Greed and Fear Index is also expected to rise further.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, Trump wins the election, and the largest address betting on Trump's victory on Polymarket, 0xd23, is currently up by 11.19 million dollars. The largest address betting on Harris's victory, 0x9ad, is currently nearly zero, with a loss of 4.91 million dollars.

ChainCatcher News, the counting of votes for the U.S. presidential election is still ongoing. According to previously announced voting arrangements, at 1 AM Eastern Time on the 6th (2 PM Beijing Time on the 6th), voting for the election in the state of Alaska will conclude, marking the end of the nationwide voting phase in the United States.According to the latest preliminary estimates released by several U.S. media outlets, Trump has currently secured 247 electoral votes, while Harris has temporarily received 210 votes.

ChainCatcher news, HashKey Group Chief Analyst Jeffrey Ding analyzed that on the betting market Polymarket, Trump's odds have surged to 90%. Meanwhile, the price of Bitcoin has also seen a historic breakthrough, briefly surpassing 75,000 USDT, with a daily increase of over 8%. This phenomenon indicates that the market's expectations for Trump's election are translating into positive investment sentiment towards Bitcoin, and the strengthening trend of Trump suggests that Bitcoin may enter a fast lane of rapid price increases.It can be seen that the skyrocketing probability of Trump's election has been regarded as the "starting gun" for the cryptocurrency market. It is expected that in the future, until Trump takes office in the White House, the digital currency market will continue to digest this positive news. A series of policies supporting cryptocurrencies that Trump promised during his campaign, including incorporating Bitcoin into the national reserve and replacing the current SEC Chairman Gary Gensler, are all seen as significant benefits for the market. Given that Trump is known for his "campaign promises must be fulfilled," we have reason to expect these policies to be gradually implemented after he takes office.The expectation of these policies being implemented, combined with the high probability of Trump's election, provides strong support for the price increase of Bitcoin and other cryptocurrencies. Market participants generally believe that Trump's victory is more favorable for the cryptocurrency industry compared to the Democratic candidate Kamala Harris. Therefore, as Trump's election probability rises, the market performance of Bitcoin and other cryptocurrencies is worth looking forward to, and investors should closely monitor relevant policy trends and their impact on the market.

ChainCatcher news, according to Jinshi reports, although it is still too early to draw conclusions about the White House race, as many key battleground states have yet to determine a winner, there are clear capital flows in various fields from the government bond market to betting websites, indicating that Trump is not far from victory.The yield on the U.S. 10-year government bonds has risen by nearly 20 basis points, while the yield on Australian equivalent bonds has increased by nearly 12 basis points. The dollar has strengthened, and the stock market has generally performed well. Craig Waddy, head of fixed income at BlackRock, stated that the interest rate market is "bear steepening," which is the trend under the expectation of a Trump victory.

ChainCatcher news, according to the Associated Press: Harris is expected to win California; Trump wins Idaho.