Trump's Potential Win Coud Be A Game Changer For Crypto

Plus, bullish momentum for shiba inu

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Happy Thursday! The crypto industry is in for a game-changing scenario if Trump wins the US election, while Shiba Inu could witness a significant rally in the near term.

Today we look at why Bitcoin is expected to multiply three-fold according to one industry expert and how Bitcoin miner TeraWulf has first mover advantage in the HPC market.

And take this opportunity to learn how you can invest in a potentially healthier future for fried foods together with BeyondOil.

MARKET SNAPSHOT

TOP STORY

Donald Trump’s victory in the November elections could prove to be a “game changer for the crypto industry” while it will be the opposite in the case of Kamala Harris, said Wyoming’s Republican Senator Cynthia Lummis.

She aims to establish a U.S. strategic Bitcoin reserve to enhance the dollar's strength and address the country's $35 trillion debt.

Trump’s campaign has been vocal about its pro-Bitcoin stance, and the Harris camp has also approached some crypto industry experts.

TOGETHER WITH BEYOND OIL

Could it be? Fried food that is healthy for you? That is exactly what Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) is trying to create. The company was just featured on Israel's National Public Broadcast Network showcasing the incredible work it is doing to make fried food and health synonymous.

Beyond Oil uses advanced technology to remove toxins, potentially reducing health risks while also extending the shelf life of the oil. One in three Americans consumes fast food daily, so the impact of the company’s work could be monumental.

As Beyond Oil’s president puts it, "We're striving to create a world where fried food doesn't compromise health.”

QUICK N DIRTY

Shiba Inu’s rising whale transactions and spike in token burning led traders to predict a 231% rally for the meme coin in the near term. Will this prediction hold good?

Bitcoin prices are estimated to reach $150,000 to $200,000, as industry expert Anthony Scaramucci noted total BTC wallets are nearing 1 billion.

A new FBI warning states that North Korean hackers are now eyeing U.S.-based ETFs related to Bitcoin and Ethereum.

FINTECH FOCUS

TeraWulf is expected to generate around $610 million in 2026 revenue, with $350 million coming from High-Performance Computing (HPC).

The price target of $6 by Needham analysts reflects a 12.5x EV/EBITDA discounted 2026 estimate, which is at a premium to pure-play bitcoin miners Riot Platforms, Inc., and Iris Energy Limited, but at a modest discount to Core Scientific.

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