Have Crypto Markets Already Priced in a New President?
With 17 days to the election, Trump launched WLFI token sales, while Kamala’s positive crypto comments sparked reactions. Polymarket shows Trump at 62%—can that be real?
In Ethereum, despite price drops, Fuel launched a high-performance L2, and Paradigm introduced its own with Reth at the core.
Meanwhile, Saylor plans a Bitcoin Bank, and Kraken is rolling out wrapped Bitcoin.
TIMESTAMPS & RESOURCES
0:00 Intro
2:23 Markets, L2 Update, & Blobs
https://farside.co.uk/?p=1518
https://x.com/Evan_ss6/status/1846592303143776269
https://x.com/growthepie_eth/status/1845076141054345464
https://x.com/ryansadams/status/1845111043250393569
https://x.com/sassal0x/status/1846458384842916143
https://dune.com/hildobby/blobs
https://x.com/litocoen/status/1846455792461140222
https://imgur.com/a/hGxZIyT
https://x.com/pythianism/status/1846502438624231605
https://x.com/EricBalchunas/status/1845944946991276494
17:26 What’s going on on Polymarket?
https://polymarket.com/event/presidential-election-winner-2024?tid=1729178339570
https://x.com/RyanSAdams/status/1846660964105453836
https://x.com/fewture/status/1846667819200795038
https://x.com/adamscochran/status/1846677802583838768
https://x.com/divine_economy/status/1846677795423785150
https://www.natesilver.net/p/whats-behind-trumps-surge-in-prediction
https://x.com/fozzydiablo/status/1846369866091319743
https://x.com/fozzydiablo/status/1846647506446246089
https://x.com/hosseeb/status/1846395633806331914
26:45 Let’s check in on Trump and Kamala - 17 Days until election
First Trump - kicked off World Liberty Financial token sale
https://x.com/realDonaldTrump/status/1845179557852377508
https://x.com/tier10k/status/1846641132731552018
https://x.com/RyanSAdams/status/1845926256292122767
30:17 Then Harris - said something about crypto - appreciates the help of crypto in broadening access to wealth
https://kamalaharris.com/wp-content/uploads/2024/10/FMfcgzQXJZxzLGgcKmSNQSXCRKXShwxJ.pdf
https://x.com/RyanSAdams/status/1845920172638605768
https://x.com/Matt_Hougan/status/1845832802316751251
https://x.com/QeYcc/status/1845821097133937019
https://x.com/BanklessHQ/status/1846552111217045904
https://elections2024.thehill.com/massachusetts/massachusetts-senate-warren-deaton/
https://polymarket.com/event/massachusetts-us-senate-election-winner?tid=1729152612507
41:42 Galaxy researched released their Crypto policy scorecard
https://x.com/intangiblecoins/status/1845845163588907486
https://x.com/coinbase/status/1846218132261585254
43:56 They caught the guy who hacked the SEC twitter account!
https://x.com/tier10k/status/1846938971311399187
https://x.com/tier10k/status/1846939650599895237
45:20 Kraken with a big release…Wrapped BTC - KBTC
https://www.coindesk.com/business/2024/10/17/crypto-exchange-kraken-launches-wrapped-bitcoin-token-kbtc/
46:08 Fuel mainnet is live!
https://x.com/fuel_network/status/1846536888003313786
https://www.bankless.com/fuel-network?tab=quests
47:45 Paradigm is launching a new L2, Odyssey
https://x.com/gakonst/status/1844757392061542781
https://x.com/danrobinson/status/1844759810421805069
49:40 Conduit introduced Conduit G2
https://x.com/conduitxyz/status/1846567345864536468
51:33 Michael Saylor wants to turn Microstrategy into a Bitcoin bank
https://x.com/isoandso/status/1844772434991325287
53:07 Italy will raise capital gain tax on Bitcoin from 26% to 42%
https://www.reuters.com/markets/europe/italy-stiffens-terms-digital-services-tax-2025-budget-2024-10-16
54:33 Bankless Summit is coming!
https://x.com/TrustlessState/status/1846722706919838081
56:26 Meme of the Week, David’s Fight & Kyle Samani Drama
https://x.com/Jesseeckel/status/1845491020492124361
https://x.com/sgoldfed/status/1846183598832959617
1:00:21 Closing & Disclaimers
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures