Tuesday night was a shocker if you only watched CNN. But not if you'd looked at the betting all along.
Crypto-friendly politicians are making significant gains in the ongoing US elections, with early results indicating strong support for candidates who advocate for digital assets. In the House of Representatives, 220 pro-crypto candidates have been elected, surpassing the 106 elected who are against crypto initiatives, according to Stand With Crypto. In the Senate races, pro-crypto candidates […]
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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.
Up-to-the minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation from CoinDesk.
Polymarket soared to unprecedented highs on Election Day, with open interest reaching $463 million as users flocked to bet on the high-stakes race between former President Donald Trump and Vice President Kamala Harris. This surge marked a 40% increase in open interest from the previous week, underscoring Polymarket’s growing status as a pulse of political […]
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As the US presidential election approaches its conclusion, altcoins have become a focal point for traders, who anticipate a significant market impact based on the outcome, according to a Bloomberg News report. The report noted that while Bitcoin (BTC) holds steady at around $70,000 — roughly 5% below its all-time high — altcoins like Dogecoin […]
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Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.
Bitcoin’s current valuation aligns closely with its price levels before the past two US elections, suggesting that the crypto could be primed for growth if a favorable post-election catalyst surfaces, according to CryptoQuant’s latest report. Historically, Bitcoin has rallied after the US presidential elections, posting significant gains by the end of each election year — […]
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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 might get most of the headlines, but which political party controls Congress probably means a lot in terms of how cryptocurrencies will be treated in the nation, especially in the short term.
After a good deal of volatility over the past few days, betting markets like Polymarket
While the U.S. election has directed investor focus to bitcoin and Polymarket, the murky memecoin market is also beginning to heat up. Thousands of election-themed tokens have been created over the past 24 hours.
Fundstrat Global Advisors’ Tom Lee and analysts from Bernstein predict robust markets heading into 2025, regardless of the results of the upcoming US presidential election. While Lee expects a broader market rally across sectors, Bernstein highlighted Bitcoin’s (BTC) resilience amid political uncertainty. Tom Lee, managing partner and head of research at Fundstrat, recently shared his […]
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A prediction market Polymarket user sold nearly $4 million in bets related to former US President Donald Trump’s victory in the Nov. 5 elections in the past 24 hours. The investor had accumulated over $15.3 million in trading volume across 24 different markets. On-chain data revealed that the “whale” identified as “larpas” started shedding positions […]
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Crypto market volatility remained low ahead of the US presidential election as investors adopted a cautious, wait-and-see approach, according to the latest edition of the “Bitfinex Alpha” report. Bitcoin’s (BTC) implied volatility in the options market hovered around the low 40% range, reflecting restrained confidence in major price shifts and signaling cautious sentiment among traders. […]
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The manipulation narrative is an attempt by mainstream media to discredit Polymarket’s election odds and control the narrative, one expert said.
Fairshake, a nonpartisan super PAC focused on crypto interests in US politics, has successfully raised $78 million to support candidates who advocate for American blockchain and crypto innovation, according to a Nov. 4 statement shared with CryptoSlate. The funding includes over $30 million currently available and an additional $48 million in new commitments. Among the […]
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How will Polymarket and Kalshi resolve their presidential bets if there's another Jan. 6 or Bush v. Gore situation?
The 2024 U.S. presidential election isn’t over yet, but politically-minded crypto companies have already turned their attention to fundraising for the 2026 midterm elections.
Whether Kamala Harris or Donald Trump becomes U.S. president probably won't dictate bitcoin’s price growth.
Polymarket’s leading holder of Trump shares has shifted, with ‘zxgngl’ surpassing ‘Fredi9999’ after significant buying activity on Monday morning amid shortening odds over the weekend. On Sunday Trump’s lead narrowed from 65% to 54% as whale pressure subsided. Whales persistently purchasing Trump shares regardless of price appear to have reduced their activity, leading to a […]
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While volatility is price-agnostic, recent flows in the options market suggest bullish expectations.
At least according to betting markets, the U.S. presidential election has moved to nearly a 50/50 race versus an easy Trump victory just days ago.
The leadership election was set-off by former Prime Minister Rishi Sunak's decision to resign as party leader.
The 2024 United States elections will be held on Nov. 5, as digital asset policy becomes a growing concern among pro-crypto voters.
Vice President Kamala Harris overtook former President Donald Trump’s odds of winning in Michigan and Wisconsin on prediction market Polymarket. If Harris wins the two swing states, the state of Pennsylvania will become the deciding factor in who wins the US presidential election. Current odds The odds took a sharp turn in favor of Harris […]
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The October employment numbers are among the last pieces of economic data the Fed will see prior to its policy setting meeting next week.
At current prices, a $10,000 punt on Harris could equal a $25,000 payout if she wins the U.S. presidential election.
Former President Donald Trump marked the 16th anniversary of the Bitcoin (BTC) whitepaper with a pledge to end the “war on crypto,” presenting a stark alternative to current policy as he seeks support from crypto advocates ahead of the Nov. 5 election. Trump’s post on social media, which also targeted Democratic rival Kamala Harris, highlighted […]
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Standard Chartered’s global head of digital assets research, Geoffrey Kendrick, cautioned that Bitcoin (BTC) may experience heightened volatility in the days before the US presidential elections. Kendrick’s analysis pointed to key metrics indicating an optimistic yet cautious market sentiment among Bitcoin traders as investors brace for economic and regulatory shifts related to the political event. […]
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The latest crypto election poll illustrates — according to its industry sponsor — that single-issue crypto voters exist. That's a point the industry has been seeking to score for months, and its potential ramifications in future Washington policy discussions could run deep.