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With just 16 days remaining until the U.S. election, bitcoin is now sitting at its highest price since the end of July. Many speculators are confident that a Trump victory would send bitcoin climbing to new peaks, a theory gaining traction among major financial institutions. While some believe the election results won’t significantly impact bitcoin’s … Read more
Following former President Donald Trump gaining a dominant lead in his odds against Vice President Kamala Harris for the 2024 election, as tracked by Polymarket bettors, a group of skeptics suspects the odds are being skewed by large-scale gamblers, often called “whales.” On the flip side, others find these manipulation theories unconvincing, urging doubters to … Read more
Presidential candidate Donald Trump recently acknowledged the existence of the crypto-based prediction market platform Polymarket. In a video posted on Polymarket’s X account, Trump referred to the platform as “a new phenomenon gambling poll,” mistakenly calling it Poly-Poll.” “I’ve never heard of it,” Trump stated, while someone in the audience corrected him about the platform’s … Read more
Before his indictment on criminal charges, NYC Mayor Eric Adams promised to turn the city into a major crypto hub. Go to Source
Billionaire investor Stanley Druckenmiller recently explained that markets predict Donald Trump’s victory in the upcoming presidential election. In an interview with Bloomberg, Druckenmiller declared that while he remained unconvinced about this, market indicators pointed to Trump clinching the U.S. presidency. Stanley Druckenmiller: Markets Are Anticipating Trump’s Victory Legendary investor Stanley Druckenmiller has shared his insights … Read more
Coinbase’s research has determined that crypto, as a key topic, might be a factor capable of swaying the next election results. According to data posted on social media, swing states have a significant number of crypto voters who, depending on their views, could tip the balance in favor of Democratic candidate Kamala Harris or Republican … Read more
Assessing potential manipulation in prediction markets is becoming increasingly important, with less than three weeks until the US presidential election. Go to Source
On Polymarket, the probability of Donald Trump winning the 2024 U.S. election has climbed to 59.5%, driven by significant market activity. A prominent whale investor, known as “Fredi9999,” has made another large bet, spending $938,000 in the past 12 hours to purchase 1.59 million “Yes” shares, predicting Trump’s victory. This brings Fredi9999’s total holdings to … Read more
On Tuesday, former President Donald Trump announced on X that the “World Liberty Financial token sale is now live.” He added that “crypto is the future” and urged everyone to adopt “this incredible technology.” At the moment, the price for one WLFI token stands at $0.015, and as of 8:36 p.m. Eastern Time, a total … Read more
Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this year, as a key signal of a looming market breakout. With Trump leading in key swing states, his election odds are igniting a stronger crypto … Read more