In partnership with

GM Explorer,

Trump’s victory triggered a wave of wealth for billionaires like Changpeng Zhao and Elon Musk, with crypto prices soaring and fortunes skyrocketing overnight.

Here’s what we got for you today:

• 🤑 CZ's wealth soars after Trump's win!

• 📈 Trump's victory sends markets soaring!

• 🧱 Around The Block: The crypto industry was the decisive winner of the 2024 election.

🤑 CZ's Wealth Soars After Trump's Win!

Donald Trump's recent victory in the U.S. presidential election sparked financial fireworks for some of the wealthiest names in tech and crypto.

Changpeng Zhao (CZ) is a prime example.

According to Bloomberg’s estimate, the Binance founder's net worth rallied an estimated $12 billion from election day to the next morning.

On Tuesday, Bloomberg estimated CZ's net worth at $38 billion, but hold onto your hats—now it's estimated to be $52.7 billion!

Forbes, however, paints an even rosier picture.

They put his worth at a whopping $60.6 billion, though they don't offer a detailed breakdown of their estimates.

No matter how you slice it, it’s safe to say that CZ is swimming in cash!🤑 

His wealth is primarily from his 90% stake in Binance, the world’s largest crypto exchange with over 150 million registered users.

Plus, he has confirmed personal holdings in Bitcoin and BNB.

The buzz among analysts is that Trump’s victory sparked a crypto price surge, helping boost CZ's net worth overnight— and they’re spot on!

Bitcoin climbed 7% this week, and hundreds of billions of dollars were added to the global crypto market.

So, it’s no surprise that Binance's equity value soared, thanks to its being a crypto-holding entity that benefits from the fortunes of its crypto-holding customers.

But hold on; CZ wasn't the only one with massive overnight gains!

Elon Musk also saw his net worth leap from $264 to $290 billion within 24 hours, thanks to the shares of his automaker, Tesla, which have soared 20% following Trump's victory.

Read the full story here!

Stop Waking Up Groggy. Get Enhanced Deep Sleep.

Everyone could use better sleep. That’s why CBDistillery’s expert botanist formulated a three-way blend of cannabinoids to deliver restorative sleep without next-day grogginess.

Enhanced Deep Sleep Gummies feature 5mg of naturally occurring Delta-9 THC, 15mg of cannabinol (CBN), a hemp compound shown to promote sound sleep, and 75mg of CBD to help relax the mind and body before bedtime.

Try them risk-free with our 60-day money-back guarantee and save 25% on your first order with code SLP25.

Shop & Save 25%

📈 Trump's Victory Sends Markets Soaring!

Trump's election victory might be barely 48 hours old, but it’s already shaking up the financial world.

Within just one day of his 2024 election win, Trump had the stock market soaring with a $1 trillion rally, thanks to his pro-business, anti-spending image.

And the crypto world?

Let’s just say it had a party of its own, with the market cap skyrocketing by $330 billion in 24 hours.

However, this isn’t all because of Trump himself.

While he hasn’t always been crypto’s biggest fan, he’s now being embraced as a beacon of hope against the anti-crypto Democrats, giving crypto enthusiasts a hopeful reason to cheer.

Trump also played it smart by bringing on crypto-savvy figures like Robert F. Kennedy Jr. and Elon Musk.

RFK Jr., one of the first high-profile Bitcoin champions, officially backed Trump and Musk—well, he’s made Dogecoin millionaires out of a lucky few.

In fact, there’s been a staggering 40% increase in DOGE millionaires since the election!

Of course, some investors can’t help but worry Trump might flip-flop on crypto once he’s back in the Oval Office.

But with the GOP generally warming to digital assets, he’s seen as the leader who might finally bring crypto into the mainstream.

Hopes are sky-high, with some Bitcoin fans whispering dreams of a $100,000 price tag.

There’s even talk of the U.S. creating a “Bitcoin reserve,” with Rep. Cynthia Lummis teasing that this administration might make America go digital in a big way.

Still, let’s not get ahead of ourselves.

Sure, the new Bitcoin ETFs were a big win for the market, but Bitcoin didn’t exactly soar past its old highs.

So, while there’s excitement, everyone’s also waiting to see if Trump’s crypto agenda will make digital assets a household staple or if the hype will eventually settle back down.

And here’s a provocative thought: Could the surge in pro-crypto Republicans inadvertently trigger another ‘crypto winter’?

Click here for the full scoop; you won’t want to miss the rest of this article!

🧱 Around The Block

• The crypto industry was the decisive winner of the 2024 election.

• SEC chairman Gary Gensler likely to resign after Trump win: Analyst.

• Bitwise CIO declares: ‘We are entering the golden age of crypto’ with years of bull market ahead.’

• US Federal Reserve cuts interest rates by 25 basis points.

• Detroit will become the largest US city to accept crypto to pay taxes and fees.

• FTX fraudster Caroline Ellison reports to Connecticut prison to begin a 2-year sentence.

• France may ban crypto betting platform Polymarket.

That's all we've got for you today.

Did we miss anything? Or just want to say hey? We'd love to hear from you! You can

• 🐦 Find us on Twitter

• 💬 Holler on Linkedin

• 💌 Reply to this email

• 🚀 Partner with The Crypto Explorer 

And If you haven't already, make sure to sign up to receive the next issue in your inbox.

Catch you soon.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions.