Donald Trump has won the US presidency and he is now the second Republican to secure a second term in 20 years. He has made a lot of promises to help the crypto industry, including a pledge to prevent the federal government from selling its bitcoin holdings, a major leadership change in financial regulation, and making the US the global center for bitcoin mining.
This has caused a lot of excitement in the crypto industry, with new “whales” (large investors) buying more bitcoin and making a lot of money on Polymarket, a decentralized prediction platform.
