Dogecoin Jumps 10%, Outperforming on Trump Popularity as Bitcoin Nears $70K
Bitcoin’s “bullish setup” into the U.S. election next week mirrors late 2020, which preceded a 120% rally in two months, Matthew Sigel of VanEck said.
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Bitcoin’s “bullish setup” into the U.S. election next week mirrors late 2020, which preceded a 120% rally in two months, Matthew Sigel of VanEck said.
Low liquidity led to massive slippage for one entity trying to buy up Trump “yes” shares in a short period.
In just three weeks, Kalshi’s presidential prediction market has passed $30M in volume. It still trails Polymarket’s $2 billion.
Republican control of the Senate would be key to passing bills such as FIT21 and appointing pro-crypto agency leaders, and digital asset reform would likely happen sooner with both chambers aligned, the report said.
Just over 792.36 million tokens of a 20 billion target have been sold since its hushed started at 12:40 UTC on Tuesday, raising nearly $11 million for the project.
A token sale for World Liberty Financial was active earlier on Tuesday before the site crashed.
World Liberty Financial will be a unified platform where users can borrow and lend cryptocurrencies, create liquidity pools and transact with stablecoins, Folkman and Herro added.
The WLFI token sale will be open for everyone who has been qualified through the project’s whitelist.
Elon Musk says that prediction markets are more accurate than polls.
Geopolitical risk fueled by conflict in the Middle East and the upcoming U.S. election are likely to reinforce the debasement trade, to the benefit of both bitcoin and gold, the report said.