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Kamala Harris’s Odds of Winning Take a Major Hit After Fox News Interview, Shaking up the 2024 Race

Kamala Harris’s Odds of Winning Take a Major Hit After Fox News Interview, Shaking up the 2024 RaceFollowing a ‘testy’ interview with Bret Baier on Fox News, Vice President Kamala Harris has seen her odds of winning the election drop sharply to 38.7%, according to Polymarket bettors. Meanwhile, former President Donald Trump’s odds have climbed to 61.3%, reflecting a significant shift in the race. Major Shift in Betting Markets Signals Changing Fortunes […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Prediction markets rise 565% in Q3, fueled by US elections

Decentralized prediction markets could offer more accurate predictions for the US elections than traditional polling systems, according to Elon Musk.

Prediction markets saw significant growth in the third quarter of 2024, driven by bets on the upcoming United States presidential election, which could have wide-reaching effects on cryptocurrency regulations.

The betting volume on prediction markets rose over 565.4% in Q3 to reach $3.1 billion across the three largest markets, up from just $463.3 million in the second quarter of 2024.

The significant growth in prediction market volume was mainly attributed to increasing bets on the outcome of the US elections, according to an Oct. 14 CoinGecko report, which stated:

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Betting Markets and Polls Show Harris Ahead of Trump as Election Nears

Betting Markets and Polls Show Harris Ahead of Trump as Election NearsWith only 44 days remaining until the U.S. election, the blockchain-powered predictions market Polymarket shows Vice President Kamala Harris slightly ahead in a wager against former President Donald Trump. As of Sunday, Sept. 22, Harris holds 52%, with Trump close on her heels at 47%. Harris Tops Trump in Polls and Prediction Markets as Countdown […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Pandemic Fears Ignite as Mpox Outbreak Leads to High-Stakes Betting on Polymarket

Pandemic Fears Ignite as Mpox Outbreak Leads to High-Stakes Betting on PolymarketRecently, Dr. Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization (WHO), officially declared that the Mpox outbreak, commonly known as monkeypox, is now a public health emergency of international concern. Following this announcement, Polymarket users have started placing bets on whether Mpox will be categorized as a pandemic in 2024. Polymarket Bettors Give […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Polymarket Bets Big on Josh Shapiro: Is He Kamala Harris’s Secret VP Pick for 2024?

Polymarket Bets Big on Josh Shapiro: Is He Kamala Harris’s Secret VP Pick for 2024?Based on Polymarket predictions, Pennsylvania Governor Josh Shapiro is currently favored to be Kamala Harris’s Vice Presidential pick for her 2024 U.S. presidential campaign. Polymarket participants currently give Shapiro a 72% likelihood of being chosen as the running mate. Betting Markets Show Josh Shapiro Poised to Be Kamala Harris’s VP As of now, Kamala Harris […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Harris vs. Trump: Polls Show Tight Race as Betting and Prediction Markets Favor Trump

Harris vs. Trump: Polls Show Tight Race as Betting and Prediction Markets Favor TrumpAfter Kamala Harris announced her candidacy for the U.S. presidency in the 2024 election, recent polls show she is performing competitively against Donald Trump in hypothetical matchups. However, betting markets suggest Trump is favored to win, with Polymarket odds giving Trump a 63% chance over Harris’s 34%. Trump Leads Betting Odds Despite Harris’s Competitive Poll […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA