Coin Post – Money, Investments, Bitcoin
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Simple, plain, and fast crypto digests. Since 2017

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Creator: @K_Capitan
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Looks like OpenSea, once the largest NFT marketplace, has been cooking something 👀

The project announced that something big is going to happen in December, now the waitlist is open 😜

They used to be criticized for not having a token and making an airdrop, maybe they've decided to make some changes?
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One of Wall Street's top contrarians, who is always wrong about everything, Jim Cramer, says market moves reflect investors' bets on a Kamala Harris victory 🤔

Guess there's no need to explain what counter indicator” is 😀
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As the world awaits the US Elections, the first votes are cast in a small town Dixville Notch 🇺🇸

This small town where only a few people live has a tradition that dates back to 1960 for being the first in the nation to complete in-person voting hours before everyone else 🗳

Historically, these few voters have leaned Democrat, but today the situation is 👇

2024 Results:

🔴 TRUMP: 3 votes (50%)
🔵 HARRIS: 3 votes (50%)

For comparison, here are the 2020 election results:

🔵 BIDEN: 5 votes (100%)
🔴 TRUMP: 0 votes (0%)

That's a good sign for Trump
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Bitcoin just pumped to $70k! 🤑
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Media is too big
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The U.S. presidential election ends today, so let's take a quick look at how the election system works 🧑‍🎓

The United States uses a system called the Electoral College. When Americans vote, they are actually voting for a group of representatives called electors, who then vote for the president 🗳

Each state has a certain number of electors based on its population, for a total of 538 nationwide. A candidate needs 270 electoral votes to win the election.

📊 Some states, known as swing states, are especially important because they can vote for either the Republican or Democratic candidate, these are 7 key states including Wisconsin, Pennsylvania.

The candidate who wins the majority of votes in a state usually gets all of that state's electoral votes. This makes swing states critical to victory. This system means that the winner isn't always the one with the most votes nationwide, but the one with the most electoral votes.

Current situation: If Trump wins in Pennsylvania state he is likely to win the entire election, chances of his victory in this state are 60% on prediction market 📊
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And so, ladies and gentlemen, here's what we have now on the odds of Trump or Harris winning 👇

📊 On Polymarket we have Trump as the likely winner with a 60.8% chance of winning. This site is dominated by right-wing crypto bros, so you have to take that into account.

📊 On the Kalshi market we have Trump as the winner with 57% chance. This site is more neutral, but still mainly used by crypto users.

🤔 And the third prediction market is PredictIt — the old school site for this kind of event. It has Trump in the lead with a 53% chance of winning.
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🚨 Donald Trump says there is massive election fraud in Philadelphia, Pennsylvania. "Law Enforcement coming!!!", he said 😱
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The vote counting process has begun 📊

🔴 Historically two red states are already definitely for Trump

🔵 Same goes for Vermont - very blue state, it's secured by Kamala

The vote counting process will take longer in many swing states, so it may take a few days for 100% of the votes to be counted, but the overall vote dynamics will be clear by morning ⌛️
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Speculators like Trump's chances!

So-called "Trump bets" (assets expected to rise if he wins) are pumping 📈

Bitcoin hits $71,000 🤑
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✅ Election Day! As the votes are being counted, prediction markets are putting the odds of a Trump win at over 60%, with BTC and Tesla stock rising 🔼

Daily Digest:

🔸 Hamster Kombat, once with 300 million accounts in August, has now seen its monthly active accounts drop to about 41 million

🔸 Binance has committed $3 million to help the Spanish Red Cross 👋👋

🔸 Swift, UBS, and Chainlink announced the completion of a pilot to settle tokenized fund subscriptions and redemptions using Swift

🔸 Donald Trump says there is massive election fraud in Philadelphia, Pennsylvania: "Law Enforcement coming!!!" 😱

🔸 CZ says SEC can’t tell securities from Beanie Babies in his filing

🔸 Mt. Gox moved another $2.2 billion worth of Bitcoin

🔹 Prices:

🥇 Bitcoin - $70,840 (↑4.9%)
✨ Ethereum - $2,481 (↑4.1%)
🧪 S&P 500 - 5,782 (↑1.23%)
🕗 DXY - 104.07 (↑0.62%)
🌉 Gold - 2,741 (↓0.08%)
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🔴 New York Times electoral college 'needle' currently estimating 278 electoral votes for Trump, 260 for Harris

If even NYT says that Trump is going to win...
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Bitcoin rises above $72,000 as Trump's odds of winning are now above 70% ↗️
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BTC $73,000 🔼

New ATH is very close 👀
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BITCOIN REACHES NEW ALL-TIME HIGH 😮

Congratulations everyone 🥳
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This is what the vote count map looks like so far 📊

If things continue like this, a win for Trump is guaranteed 😎

NYT gives Trump 82% chance of winning
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Crypto market right now 😄
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Donald Trump has won the US election and will be the next President of the United States of America 🇺🇸
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Trump won, what happens next? 🇺🇸

• First, each state will certify its results to confirm Trump’s win. This typically happens by mid-December as local officials verify and finalize the votes.

• In mid-December, the Electoral College votes, with electors casting the official votes that determine the president-elect.

• In early January, Congress meets to count these votes, providing the final legal confirmation of Trump’s victory.

• Afterward, a “transition period” begins, allowing Trump’s team to work with the outgoing administration to prepare for a smooth handover.

• On January 20, Trump will take the oath of office at the U.S. Capitol, marking the official start of his presidency.

• Following the inauguration, the new administration can start making immediate changes, including executive orders, policy shifts, and key appointments.

For now, Trump is not yet president, he has no executive power, but many are already gearing up for the start of his term, which can be seen on the dollar index chart 📈
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The euro is dumping like it's some kind of shitcoin 💶

EUR has already fallen over 2% in the past month amid rising speculation of a Trump victory

🔍 This is all because Trump's policy proposals hint at a return to US protectionism that could shift global economic dynamics.

For example, he has proposed tariffs of 60% on Chinese goods and 10% on other imports, aimed at reshoring jobs to the U.S. 🇺🇸
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Bitcoin hits $76,000 🔼

CNBC says BTC price could reach $100,000 before the presidential inauguration 🇺🇸
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