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Polygon believes in Web3 for all. Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.

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A French trader, known as Théo, has placed a $30 million bet on Donald Trump winning the 2024 presidential election on the prediction market Polymarket. Théo claims his motivation is purely financial, not political. His bets represent a significant portion of the market, raising questions about market integrity. Polymarket does not allow U.S. residents to wager, and Théo's identity remains partially anonymous.

Portfolio Pulse from Chris Katje

November 01, 2024 | 8:07 pm

The cryptocurrency industry is optimistic about a favorable regulatory environment post-U.S. presidential elections, regardless of the winner. Both candidates, Trump and Harris, are seen as potentially supportive of crypto innovation. Industry leaders, including Bitwise and Ripple, are preparing for policy shifts that could benefit the sector.

Portfolio Pulse from Benzinga Neuro

October 31, 2024 | 11:50 am

Public.com promotes voting as the best way to 'bet' on the 2024 election, contrasting with the rise of prediction markets. Robinhood and Interactive Brokers have launched election-related trading products.

Portfolio Pulse from Chris Katje

October 29, 2024 | 11:15 pm

CFTC Chair Rostin Behnam has called on Congress to regulate cryptocurrency and election betting, highlighting the challenges faced by the CFTC in managing election-related event contracts. Platforms like Polymarket and Kalshi are at the center of this issue, with Kalshi resuming operations after a court ruling and Polymarket facing penalties and restrictions.

Portfolio Pulse from Aniket Verma

October 22, 2024 | 4:04 am

Pierre Ferragu highlights the disconnect between media narratives and crypto-based prediction markets like Polymarket regarding the 2024 U.S. presidential elections. Polymarket gives Trump a >60% chance of winning, contrasting with media reports favoring Harris. This divergence is notable amid speculation of coordinated betting on Polymarket.

Portfolio Pulse from Aniket Verma

October 18, 2024 | 3:54 am

Prediction markets Polymarket and Kalshi show Donald Trump leading Kamala Harris in the 2024 presidential election, with significant wagers influencing the odds. Kalshi, now legally accepting bets, shows Trump with a 57% chance of winning. The swing states are crucial, with Trump leading in most. Elon Musk supports Trump, highlighting Pennsylvania's importance.

Portfolio Pulse from Chris Katje

October 17, 2024 | 10:51 pm

Spotify Technology (NYSE:SPOT) could benefit from the 2024 election cycle if it secures interviews with presidential candidates on 'The Joe Rogan Experience' podcast. Both Donald Trump and Kamala Harris are rumored to appear, potentially boosting Spotify's subscribers and advertising revenue. Analyst Justin Patterson of KeyBanc Capital Markets raised Spotify's price target, citing growth and margin improvements. Spotify's Q3 financial results are expected on Nov. 12, with potential upside in user growth and premium subscribers.

Portfolio Pulse from Chris Katje

October 16, 2024 | 10:40 pm

The 2024 presidential election between Kamala Harris and Donald Trump shows differing predictions from polls and betting odds. While national polls favor Harris, betting odds on platforms like Bet365 and Polymarket now favor Trump. The odds have shifted significantly, with Trump now seen as the favorite in key swing states.

Portfolio Pulse from Chris Katje

October 15, 2024 | 10:24 pm

Donald Trump has widened his lead over Kamala Harris in betting odds on the Polymarket prediction platform, reaching over a 55% chance of winning. This shift follows Joe Biden's withdrawal from the race and Harris' rise as the Democratic candidate. Polymarket, built on Ethereum's Layer-2 protocol Polygon, has become a prominent platform for U.S. election predictions, although it's not accessible to U.S. users due to regulations.

Portfolio Pulse from Aniket Verma

October 11, 2024 | 1:39 am

The vice-presidential debate between J.D. Vance and Tim Walz attracted 43.2 million viewers, a significant drop from the 2020 debate. Paramount Global's CBS News hosted the event, with CBS leading in viewership among networks. The debate's viewership was below historical averages, impacting prediction markets like Polymarket.

Portfolio Pulse from Chris Katje

October 03, 2024 | 6:48 pm

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