Crypto interest groups could determine the balance of power in the US Senate by backing key candidates in the 2024 elections. Protect Progress PAC has spent $7.8M to support Democratic contenders in Arizona and Michigan.
A second assassination attempt on former president Donald Trump barely impacted his odds on the crypto-based prediction market Polymarket, which nears $1 billion in bets on the upcoming US election.
Trump's assassination attempt in Florida sent ripples through the crypto market, with notable impacts on prediction markets and election forecasts.
Bitcoin could hit new highs if Trump or Harris win the election, say analysts, but bettors are betting on Kamala coin instead.
The recent U.S. presidential debate between Vice President Kamala Harris and former President Donald Trump saw no mention of cryptocurrency, leaving crypto investors disappointed as Bitcoin's price dropped.
Analysts forecast Bitcoin could surge to $80K-$90K with a Trump win, but drop to $30K-$40K under a Harris presidency, highlighting the market's political sensitivity.
Crypto expert Felix Hartmann predicts a big crypto rally if Trump's chances of winning the election become "overwhelming" or if SEC Chair Gary Gensler steps down.
Bitcoin could skyrocket if Trump's chances of winning the election become "overwhelming" or if SEC Chair Gary Gensler steps down or gets fired, according to crypto expert Felix Hartmann.
Crypto industry's super PAC, Fairshake, has raised $119 million, but most of it is targeting down-ballot Congressional races, not the presidential clash.
CFTC files emergency motion to halt Kalshi's listing of election prediction contracts, as Bitcoin and Ethereum ETFs drop to new lows amid bearish market.
Crypto prediction market Polymarket sees open interest soar to $107M, signaling growing appetite for crypto-based political forecasting ahead of US presidential election.