Trump and Harris sprint to battleground states: What information is worth paying attention to

Author: Ana Paula Pereira, CoinTelegraph; Compiler: Tao Zhu, Golden Finance

Trump and Harris launch final sprint to battleground states

In the final hours before Election Day, Democrat Kamala Harris and Republican Donald Trump held last-minute rallies and events in swing states, wrapping up months of campaigning.

Harris spent her day in Pennsylvania on November 4, starting her day in Scranton before speaking in Allentown. She also attended rallies and concerts in Pittsburgh and Philadelphia with celebrities.

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

Bitcoin price volatility expected before US election

Bitcoin prices fell sharply by 8% between October 29 and November 3, falling to $67,446 at the end of last week. Although the market structure remains bullish, traders expect volatility to increase as the US presidential election on November 5 approaches.

Bitcoin price 1-day chart. Source: TradingView

Election officials warn that Election Day could be delayed

State election officials warned that voters heading to the polls on November 5 should be prepared for possible hiccups.

According to a joint statement from the National Association of State Election Directors (NASED) and the National Association of Secretaries of State (NASS), Americans could face delayed polling station openings, long lines during peak hours, and potential power outages.

Officials also noted that the results on election night are preliminary because the official count will include all votes cast in the following days and weeks — in person, by mail, and by military and overseas voters. Close races may require recounts or audits to confirm accuracy, urging the public to remain patient.

Donald Trump vs. Kamala Harris on Cryptocurrency Regulation

Crypto regulation has become a key issue in the 2024 U.S. election, prompting presidential candidates to share their views on digital assets.

Donald Trump, once a skeptic of cryptocurrencies, has now positioned himself as a staunch advocate. He expressed support for making the United States the "crypto capital of the planet" while criticizing the prospect of central bank digital currencies (CBDCs). His campaign even accepted cryptocurrency donations, showing his alignment with pro-crypto voters.

On the other hand, Kamala Harris finally broke her silence on crypto at a Wall Street fundraiser in September, making her first public statement on the industry. She pledged to provide a "safe business environment and consistent and transparent rules of the road" for emerging tech industries such as artificial intelligence and digital assets.

Since her nomination, her advisers have approached major cryptocurrency companies to discuss industry-friendly rules, demonstrating a willingness to engage with cryptocurrency leaders.

While Congress will play a key role in crafting regulatory clarity for digital assets, the White House is expected to set the tone for how federal agencies approach the industry.

Crypto whales betting on Trump win ahead of US election

On decentralized prediction market Polymarket, a few mysterious entities control the majority of votes in favor of Donald Trump, with millions placing bets on the Nov. 5 election. Five big investors, or “whales,” hold more than 50% of Trump’s stake and could pocket more than $81 million in combined dividends if he wins.

Source: Polymarket

When will we know who the winner is?

Americans are unlikely to know the winner of the presidential race on the evening of November 5. Tight races in key swing states could delay the final results by several days. For example, Joe Biden's victory in 2020 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. The races in those states are expected to be close, which could delay the final count.

Analysts expect results to be known earlier this year than in 2020, when the pandemic caused many Americans to vote early. That could lead to a quicker result this year.

Source: a16z's "State of Cryptocurrency in 2024" report

Crypto Voter's Guide to Congressional Legislation for the 2024 Election

Digital assets have taken center stage as a political issue in this election. Industry leaders and advocates are pressuring politicians to commit to policies that promote growth and provide clarity on digital assets.

US Election vs. Fed Rate Cut

Bitcoin battles for $69,000 heading into US presidential election week, with macroeconomic events and network fundamentals likely to increase volatility in the cryptocurrency market.

The cryptocurrency price traded above $62,200 to start the week.

Trump and Harris end campaigns before Election Day

The 2024 US election is underway, with millions of Americans already voting via early voting. This year’s election could result in major policy shifts, with all 435 seats in the House of Representatives and 34 seats in the Senate at risk, as well as the presidential race between Vice President Kamala Harris and former President Donald Trump.

Key issues such as the economy, immigration and cryptocurrency regulation are in the spotlight, making this election especially important for the future of digital finance and innovation.