Bitcoin in bullish setup ahead of election: VanEck
The investment manager’s long term model puts BTC’s price at roughly $3 million by 2050. Go to Source
Kalshi
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Kalshi adds global elections to betting platform
The US’s first election betting market has added contracts for trading on national elections from Australia to Ecuador, public filings show. Go to Source
Polymarket is scanning for US users as election odds skew toward Trump: Report
Donald Trump now has 63.7% odds on Polymarket to win the US presidential election, but voter polls suggest otherwise. Go to Source
Bitcoin options traders say $80K is a given as Trump victory odds spike
Bitcoin’s brief rally to $69,000 maybe have been “driven by speculation” for a Trump victory. Meanwhile, BTC options traders say $80,000 is programmed. Go to Source
Prediction markets are not being manipulated — Kalshi founder
The most recent Polymarket odds put Trump’s chances of winning the 2024 Presidential election at 60.3% and winning all six swing states. Go to Source
Kalshi election betting contracts multiply after court win
The prediction marketplace has certified more than a dozen political event contracts since prevailing in a court battle in September. Go to Source
Crypto.com’s US exchange lists 4 memecoin derivatives
Traders can now hedge exposure to memecoins including PEPE and FLOKI. Go to Source
Kalshi US election betting live after court win
Betting on US political outcomes is permitted for the first time weeks ahead of the November presidential election. Go to Source
DC Circuit Court Rules Kalshi’s US Election Bets Legal
This week, the U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of the predictions market Kalshi, allowing the commodities exchange to offer event contracts based on the outcome of U.S. congressional elections. Circuit Judge Millett’s opinion supports the legality of the contracts, dismissing claims of gaming or election gambling. … Read more
US appeals court greenlights election prediction markets
The ruling paves the way for election prediction markets to operate in the United States. Go to Source