Lawmaker calls on CFTC to regulate election markets as Polymarket activity falters amid uncertainty

Congressman Ritchie Torres has called on the Commodity Futures Trading Commission (CFTC) to regulate election-related prediction markets rather than blocking them. In a letter addressed to CFTC Chair Rostin Behnam, Torres urged the regulator to focus on promoting responsible innovation and working with platforms like Kalshi and Polymarket to ensure such markets are regulated rather […] The post Lawmaker calls on CFTC to regulate election markets as Polymarket activity falters amid uncertainty appeared first on CryptoSlate. дальше »

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50 days until US election, crypto Super PAC pours $7.8M into Senate races

Crypto interest groups could determine whether Democrats or Republicans have a majority in the US Senate in 2025 by backing candidates in crucial November races. дальше »

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Second Assassination Attempt Barely Moves Trump's Polymarket Odds

Nearly $1 billion has been bet on the crypto-based prediction market. Plus: are you ready for 20x leveraged election betting? дальше »

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Bitcoin Critic Peter Schiff Endorses Donald Trump Despite Differences Over Cryptocurrency

Peter Schiff, a vocal Bitcoin critic, has surprised many by endorsing Donald Trump for the 2024 presidential election. The post Bitcoin Critic Peter Schiff Endorses Donald Trump Despite Differences Over Cryptocurrency appeared first on BeInCrypto. дальше »

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Polymarket bets near $1 billion on 2024 election winner, but liquidity hurdles loom

Polymarket has accumulated nearly $1 billion in bets on the United States 2024 presidential election winner. Data from the platform currently ranks Vice President Kamala Harris, a Democratic presidential candidate, with a 50% chance of winning, backed by $135 million in wagers. дальше »

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'An Explosion of Election Gambling' Is Nigh, CFTC Warns Appeals Court

The regulator pleaded with the court to halt Kalshi's political prediction markets for the duration of the CFTC's appeal. дальше »

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Rep. Torres 'happy' to help CFTC in regulating election betting contracts

New York Congressman Ritchie Torres stated he is "more than happy" to work with the CFTC to develop a plan for regulating election betting contracts in the United States. дальше »

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Even Temporarily Blocking Election Contracts Risks 'Irreparable' Harm, Kalshi Argues

Prediction market company Kalshi pushed back against the Commodity Futures Trading Commission's move to block its new election contracts, saying they would harm the company. дальше »

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Crypto may swing election in battleground states — law professor

According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have used crypto in the past. дальше »

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Polymarket fuels crypto industry’s $1.2 billion election involvement, political donations up over 10x

The crypto industry’s monetary involvement in the 2024 US presidential election has exceeded $1. 2 billion, with Polymarket accounting for a vast majority of the amount, according to a recent report by Breadcrumbs. дальше »

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Crypto donations for 2024 U.S. election hit $190m

Cryptocurrency donations for the 2024 U.S. election have accelerated as the November vote draws closer. Fox journalist Eleanor Terret shared details on Sept. 13 of an analysis that showed campaign teams across the political divide have attracted $190 million in… дальше »

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Trump token speculation heats up as Polymarket bettors see 84% chance of launch before 2024 election

Speculation surrounding a potential cryptocurrency launch by former US President Donald Trump has intensified, with betting markets placing an 84% probability of the event occurring before the November 2024 elections. дальше »

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U.S. Political Prediction Markets: Why Kalshi's Court Victory Matters

If it turns out that the judge's ruling preempts the CFTC’s proposed rulemaking, election event contracts may now be completely legal. дальше »

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Starknet Token Holders Ratify Plan to Implement Staking, in Landmark Decentralized Election

The new mechanism on Starknet means that anyone holding more than 20,000 STRK will be able to stake on the network, from the fourth quarter of this year. дальше »

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Kalshi Lists Long-Sought Election Contracts After Beating CFTC in Court

The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contracts. дальше »

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Trump Election Victory Could Send Bitcoin to $125,000, Says Standard Chartered Analyst

A Trump win could fuel a Bitcoin rally, though new all-time highs are expected regardless of the 2024 election outcome. дальше »

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Judge says CFTC exceeded its authority halting Kalshi election bets

According to Judge Jia Cobb, having Kalshi offer contracts on “whether a chamber of Congress will be controlled by a specific party in a given term” was not unlawful. дальше »

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CFTC Has No Authority to Second-Guess Election Contracts, Judge Says

Elections are not a form of "gaming," so the agency should not have conducted a public review of Kalshi's political prediction markets, the judge wrote. дальше »

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U.S. Election Betting: What's at Stake in Final (?) CFTC-Kalshi Showdown

Here's how to listen to Thursday's hearing in the closely watched federal court case over political prediction markets, and why it matters. дальше »

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Bitcoin Could Hit $125K by Year-End if Trump Becomes President, $75K if Harris Triumphs: Standard Chartered

Bitcoin is expected to end the year at new all-time highs regardless of who wins the U.S. election, the report said. дальше »

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Bitcoin to hit six figures regardless of who wins US election, Swan Bitcoin says

Despite the partisan divide in crypto, many investors believe Bitcoin will reach six figures regardless of the U.S. presidential election outcome. Bitcoin (BTC) is poised to reach six figures over the long term, no matter who wins the U.S. presidential… дальше »

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Polymarket user bets $1.2m on Harris to win presidential election 

A user on the Polymarket prediction platform has bet $1.2 million on the outcome of the U.S. presidential election.  The user, known by the wallet address “paragon,” received funds traced back to crypto trading firm QCP Capital, according to Arkham… дальше »

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Prediction market interest fuels launch of PancakeSwap Telegram bot

Interest in prediction markets has been growing since the beginning of 2024 in the run-up to the US presidential election.

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Polymarket hits weekly all-time high in user activity tied to US election

Increased user activity on Polymarket highlights the growing influence of prediction markets on political and financial landscapes. The post Polymarket hits weekly all-time high in user activity tied to US election appeared first on Crypto Briefing. дальше »

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Harris-Trump debate: Trump’s odds to win election fall 3% on Polymarket

Kamala Harris and Donald Trump made no mention of digital assets during their first-ever debate as Trump’s odds of victory plunged on betting markets. дальше »

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Election jitters and ETF outflows weigh on crypto market – Nansen

Crypto markets are facing pressure from multiple fronts as the US elections, ambiguous macroeconomic data, and downbeat sentiment related to crypto exchange-traded funds (ETFs) outflows are weighing on prices, according to a recent report by Nansen. дальше »

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Tough times for prediction markets: Kalshi wins case against CFTC, still faces shutdown

A U.S. District Court has ruled in favor of the Kalshi prediction market, effectively approving betting on the presidential election’s outcome. Kalshi has won a lawsuit against the U.S. Commodity Futures Trading Commission (CFTC) after the regulator banned betting on… дальше »

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Crypto becomes US election issue for the first time — Survey

Up to 73% of US respondents who currently own cryptocurrency said that a candidate’s position on crypto would influence their vote in the presidential election. дальше »

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Judge issues temporary stay in Kalshi v. CFTC election betting case

Judge Jia Cobb said the court would hold a hearing on Sept. 12 to address competing motions filed by the CFTC and Kalshi over betting on US elections. дальше »

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Bitcoin To Reach $90K By Year-End If Trump Wins Presidency, Or $30K If Harris Becomes President — Bernstein

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Trump and Harris crypto tokens in focus ahead of Tuesday’s debate

Donald Trump and Kamala Harris-themed cryptocurrencies were mixed on Monday, Sep. 9, ahead of a key debate that could influence the outcome of the next general election. Donald Trump and Kamala Harris debate ahead MAGA (TRUMP), the largest Trump-themed coin,… дальше »

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Harris trails as Trump wins over crypto community - What's next?

Trump is more supportive of cryptocurrencies than Kamala Harris. Key crypto figures like Cathie Wood and the Winklevoss twins endorsed Trump for president. As the U.S. presidential election The post Harris trails as Trump wins over crypto community - What's next? appeared first on AMBCrypto. дальше »

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Bernstein analysts predict Bitcoin surge to $90k if Trump wins

Bitcoin could surge to highs of $90k if former US president Donald Trump wins the next election in November, analysts at brokerage and research firm Bernstein predict. Analysts at the brokerage shared the prediction in a note to clients on September 9. дальше »

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Coinbase-Backed Base Helps Crypto-Friendly Candidates Raise Funds Through Donations

Three US congressional candidates have started receiving cryptocurrency donations via Coinbase-backed Base, as part of a broader push for crypto-friendly election campaigns. The post Coinbase-Backed Base Helps Crypto-Friendly Candidates Raise Funds Through Donations appeared first on BeInCrypto. дальше »

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Ripple’s Political Endorsement Raises Questions About XRP’s Future

Chris Larsen, a co-founder of Ripple, has publicly endorsed Kamala Harris for President in the 2024 United States election. Larsen joined dozens of other corporate executives in signing an open letter in support for Harris. дальше »

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US prediction market Kalshi scores ‘huge win’ against CFTC

US citizens can now reportedly use Kalshi to bet on the upcoming election through derivatives after a judge overturned the CFTC’s decision. дальше »

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CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days

The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her rationale. дальше »

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Crypto PACs spend $14M targeting crucial US Senate and House races

With most state primaries for the US House and Senate completed, the Fairshake PAC and its affiliates are supporting candidates in the November election. дальше »

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Polymarket shows rising odds of Trump nominating Musk to cabinet

The odds of Donald Trump winning the November election and nominating Elon Musk to his cabinet have surged on Polymarket. A Polymarket poll with over $803 million in assets, shows Donald Trump with a 53% chance of winning, compared to… дальше »

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Pro-XRP Lawyer Deaton Clinches Republican Nomination For US Senate

Pro-XRP attorney John Deaton has secured the Republican nomination for the United States Senate after a convincing win in the primary election. Deaton, who is a former Marine and has represented 75,000 holders in the Ripple vs. дальше »

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‘The crypto voting bloc is not voters’: Political scientists debate election impact

Recent polling among cryptocurrency holders has candidate Donald Trump firmly ahead of his opponent, but researchers are undecided about whether it even matters.  дальше »

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Polymarket: Trump’s lead over Harris is growing

Donald Trump has widened his lead over Kamala Harris on Polymarket as the 2024 U.S. presidential election approaches.  After a period of near parity in mid-August, Trump’s odds on Polymarket have surged several percentage points, with 53% of bettors favoring… дальше »

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Crypto-Fan Deaton Gets Chance to Battle Elizabeth Warren for U.S. Senate

The hope of crypto enthusiasts weary of industry pushback from Sen. Elizabeth Warren (D-Mass.) remains alive after the crypto sector's top candidate, lawyer John Deaton, won the Republican primary in Massachusetts and a chance to face Warren in the general election. дальше »

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Coinbase CLO says he’s ‘encouraged’ by Harris campaign reaching out

With 63 days until the US election and early voting starting in September, single-issue crypto voters have a limited window to decide between Kamala Harris and Donald Trump. дальше »

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Top 5 Cryptos to Watch in 2024 Election – How the Policies of Donald Trump Could Impact BTC, ETH, XRP, and DOGE

Explore the top 5 cryptocurrencies to monitor as the 2024 election approaches. Learn how Donald Trump’s policies could influence the crypto community, including major assets like BTC, ETH, XRP, and DOGE. дальше »

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New U.S. president must bring clarity to crypto regulation, analyst says

Whoever wins the upcoming U. S. election and becomes president must work towards regulatory clarity for the crypto sector, Lucy Gazmararian, founder and managing director at Token Bay Capital, says. дальше »

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Leading the Charge in PolitiFi: $4WIN Coin Heats Up Ahead of Election 2024 Season

Pioneering $40,000 Donation Directly to President Trump In a bold move that sets a new precedent in the intersection of politics and cryptocurrency, $4WIN PolitiFi coin has contributed $40,000 to President Donald Trump’s 2024 campaign setting them apart from other smaller tokens. дальше »

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Crypto Holders Disproportionately Favor Trump for U.S. President, New Academic Poll Shows

Former U.S. President Donald Trump’s efforts to court the cryptocurrency industry this election cycle seem to be paying off, according to the results of a new poll from Fairleigh Dickinson University. дальше »

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Trump’s crypto embrace is winning him votes, poll shows

A recent Fairleigh Dickinson University poll found that former President Donald Trump’s outreach to crypto owners is paying off this 2024 U.S. Presidential election season. It appears Trump’s embrace of cryptocurrency is paying off. The FDU poll revealed that Trump… дальше »

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Donald Trump's crypto vision: 'I’m laying out my plan...'

Trump shifts from crypto critic to advocate during his 2024 election campaign. Trump’s crypto efforts include making the United States the world's 'crypto capital.' In a surprising shift, The post Donald Trump's crypto vision: 'I’m laying out my plan...' appeared first on AMBCrypto. дальше »

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