Polymarket, Prediction Betting Markets Vindicated by Trump’s Strong Showing
Tuesday night was a shocker if you only watched CNN. But not if you’d looked at the betting all along.
Tuesday night was a shocker if you only watched CNN. But not if you’d looked at the betting all along.
Trump has vowed to impose sweeping tariffs on Mexico and other trading partners.
Part of BTC’s spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting.
The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.
Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.
Up-to-the minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation from CoinDesk.
Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.
Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are “more sensitive” to the election results.
The pilot was run as part of the Monetary Authority of Singapore’s Project Guardian.
It is Election Day in the U.S. At some point in the coming hours, days and weeks, we’ll know which major party wins control of the House of Representatives, the Senate and the White House. Presidential candidates Kamala Harris and Donald Trump