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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

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

A hacker has reportedly stolen nearly $20 million in cryptocurrencies from U.S. government-linked wallets, including Aave USDC, USD Coin, Tether, and Ethereum. The funds are being laundered through suspicious addresses.

Portfolio Pulse from Aniket Verma

October 25, 2024 | 1:45 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

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

Bitcoin is predicted to reach $70,000 due to stablecoin minting, Chinese stimulus, and increased altcoin activity. 10x Research highlights factors like stablecoin inflows, altcoin gains, and Chinese economic plans as key drivers.

Portfolio Pulse from Khyathi Dalal

September 27, 2024 | 4:02 pm

Betting odds for the 2024 election show a close race between Kamala Harris and Donald Trump, with Harris maintaining a slight lead. Polymarket, a major prediction market, reflects similar odds, with Harris at 51% and Trump at 48%.

Portfolio Pulse from Chris Katje

September 23, 2024 | 11:27 pm

The prediction market Polymarket lists a 51% chance of Vice President Kamala Harris appearing on 'Saturday Night Live' before the 2024 election. This speculation is fueled by the show's history of featuring political figures. Maya Rudolph is set to return to portray Harris, while Steve Martin declined to play her running mate. SNL airs on NBC, owned by Comcast Corporation.

Portfolio Pulse from Chris Katje

September 18, 2024 | 3:17 pm

The presidential debate between Kamala Harris and Donald Trump has shifted betting odds for the 2024 election. Harris is now favored at -125 odds, boosted by Taylor Swift's endorsement, while Trump is at +100. BetMGM lists Trump as the favorite at -135. Prediction market Polymarket shows a close race with Trump at 50% and Harris at 48.5%.

Portfolio Pulse from Chris Katje

September 11, 2024 | 10:26 pm

The 2024 presidential election betting odds show a close race between Vice President Kamala Harris and Donald Trump. Harris leads in most polls and has a slight edge in betting odds, while Trump remains a strong contender. Prediction markets and sportsbooks indicate a near toss-up, with Harris leading in key swing states.

Portfolio Pulse from Chris Katje

August 26, 2024 | 11:10 pm

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