The market is skeptical about Qualcomm's Intel deal; prediction markets were the talk of the town at Token2049 in Singapore.
The Democratic nominee promises she'll be a tech-friendly president in remarks to donors
Former president reportedly bought burgers using bitcoin at the crypto-themed bar.
The Ethereum blockchain has the most active developers, the most active users and a market cap that is five times larger than its nearest competitor, the report said.
After the U.S. Commodity Futures Trading Commission's court defeat last week in the agency's pursuit of Kalshi's election contracts, the regulator's chairman, Rostin Behnam, said it will still keep pursuing the case against what it continues to contend is illegal activity.
Trump’s new DeFi project may fail, as many do, but its launch, coming in the midst of a presidential campaign, is further proof that crypto has entered the mainstream, says Graeme Moore, head of tokenization at the Polymesh Association.
Nearly $1 billion has been bet on the crypto-based prediction market. Plus: are you ready for 20x leveraged election betting?
The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contracts.
Bitcoin is expected to end the year at new all-time highs regardless of who wins the U.S. election, the report said.
Republicans are way ahead of Democrats regarding their opinion of crypto and bitcoin {{BTC}}, said MicroStrategy (MSTR) Executive Chairman Michael Saylor.
Also, there are now prediction market contracts about other prediction market contracts.
Kalshi "has staked its future on this litigation and these markets," the prediction market platform said, pushing back against CFTC's emergency motion.
The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her rationale.
The hope of crypto enthusiasts weary of industry pushback from Sen. Elizabeth Warren (D-Mass.) remains alive after the crypto sector's top candidate, lawyer John Deaton, won the Republican primary in Massachusetts and a chance to face Warren in the general election.
The Trump family has for weeks loudly – but coyly – said they're getting into crypto. More information might finally be coming soon.
The mics likely won't be muted, the market believes.
Prediction market traders place bets on Telegram CEO's release from jail and spread of mpox.
The cryptocurrency industry has made no secret of its displeasure with the Biden administration's approach towards regulating digital assets.
Plus, bettors see RFK dropping out by November without a Trump endorsement, and China's 'bitcoin ban' is more complicated than what Justin Sun thinks.
Perpetuals trading hub Drift protocol is adding a Polymarket-style prediction market – with some DeFi twists.
Wednesday's Crypto4Harris town hall showed Democrats are finally engaged with the industry. Still, it’s not clear what Harris thinks about crypto, or would do about it if elected.
The digital assets industry is now a full-blown political issue, and Wall Street firms with crypto exposure are staying cautious ahead of November's U.S. election. Whether the next election will result in Donald Trump or Kamala Harris occupying the Oval Office for the next four years, one thing Wall Street firms agree on is that either nominee will bring crypto regulation forward.
U.S. crypto legislation can happen this year, Senate Majority Leader Chuck Schumer (D-N,Y,) said Wednesday at the first major event in which crypto insiders have come out for Vice President Kamala Harris as their favored presidential contender.
Crypto interests are planning to go after Sen. Sherrod Brown (D-Ohio) in their biggest-ever single campaign, setting aside $12 million to support the Republican candidate seeking to snatch the Senate seat from the current chairman of the Senate Banking Committee, who has been highly critical of the digital assets sector and reluctant to embrace crypto legislation.
After a very tight victory last week in Arizona that's now facing a recount, the cryptocurrency industry's political forces are shifting their attention toward some of the final U.S. congressional primaries of 2024, including Tuesday's elections in Missouri and Washington state.
Also: the Democrat gains on Trump but hasn't closed the gap, unlike in polls; Polymarket punters trade on Olympic women's boxing controversy; Fed will cut rates fast and hard in September, say bettors.
Polymarket, a leading prediction market platform, has seen a significant spike in website traffic, outpacing prominent DeFi platforms like Uniswap, dYdX, Compound, and GMX. The surge is primarily driven by intense interest in betting on the US presidential election, particularly on the potential face-off between former President Donald Trump and Vice President Kamala Harris. Polymarket […]
The post Polymarket traffic surpasses DeFi giants amid Trump-Harris election betting craze appeared first on CryptoSlate.
The Presumptive Democratic U.S. presidential nominee cannot afford to cede crypto to Donald Trump and luring crypto voters and donations away could "make a difference in key battleground states," OMFIF wrote.