US Elections


Markets

Arthur Hayes' Maelstrom Hedges U.S. Election Uncertainty With Staked USDe, Holds Large BTC, ETH Bullish Bets

"Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.

Arthur Hayes at Korea Blockchain Week 2023. (Factblock)

Policy

Activist Group Says Kalshi’s Election Market Should Be Shut Due to 'Manipulative' Whales

Better Markets is using Polymarket's "French connection" as ammo against the prediction market's regulated competitor.

Los Angeles, CA - March 05: A poll worker moves a ballot box as voters to arrive and cast ballots inside the cavernous lobby of the Metro Headquarters Building on Tuesday, March 5, 2024 in Los Angeles, CA. (Brian van der Brug / Los Angeles Times via Getty Images)

Markets

Trump Polymarket Odds Briefly Dip After His No. 2 Bull Adds Bet on Harris

The former president's probability of retaking the White House slid to 59% Wednesday before rebounding.

GREENSBORO, NORTH CAROLINA - OCTOBER 22: Republican presidential nominee, former U.S. President Donald Trump dances on stage after speaking at a campaign rally at the Greensboro Coliseum on October 22, 2024 in Greensboro, North Carolina. With 14 days to go until Election Day, Trump continues to crisscross the country campaigning to return to office. (Photo by Anna Moneymaker/Getty Images)

Opinion

Andy Barr's 'Vision' for House Financial Services

The Kentucky lawmaker is running to succeed crypto-advocate Patrick McHenry as chair of the powerful U.S. House Financial Services Committee.

Rep. Andy Barr (Nikhilesh De/CoinDesk)

Opinion

No, Polymarket Whales Aren't Evidence of Prediction Market Manipulation

If you think the Trump bulls are wrong, bet against them.

(Ed Lyman/NOAA)

Markets

U.S. Election Betting: Kalshi's Polymarket Rival Quickly Gets Traction

In just three weeks, Kalshi's presidential prediction market has passed $30M in volume. It still trails the $2 billion traded on Polymarket since January.

MIAMI, FLORIDA - OCTOBER 21: A person wears an 'I Voted' sticker after casting their ballot in a polling station as early voting begins on October 21, 2024, in Miami, Florida. Early voting runs from Oct. 21 through Nov. 3 in Miami-Dade and Broward. People head to the polls to decide, among other races, the next president of the United States. (Photo by Joe Raedle/Getty Images)

Policy

U.S. Election Betting: Federal Court 'Erred' in Letting Kalshi Launch Prediction Markets, CFTC Says

The regulator filed its opening brief in its appeals case to tamp down on political event contracts.

DOYLESTOWN, PENNSYLVANIA - OCTOBER 15: Rich Kampert, 71, votes using an absentee or mail-in ballot on October 15, 2024 in Doylestown, Pennsylvania. Registered voters in Pennsylvania can vote "On Demand" by requesting, a mail-in or absentee ballot filing it out and dropping it off all in one visit to their county election office or other designated location. (Photo by Hannah Beier/Getty Images)

Markets

Kalshi Finds 'Widespread Evidence' of Strong Republican Momentum in U.S. Elections

A note from Kalshi's market research team suggests the prediction market - polls gap can be explained by Harris' sliding popularity with key demographics.

Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)

Opinion

Editorial: We Applaud Trump’s Crypto Efforts Though His Record, Rhetoric Raise Red Flags

The former president deserves credit for making crypto a campaign issue. We wish his opponent, Vice President Kamala Harris, would say more about it.

Former President Donald Trump and Vice President Kamala Harris (Win McNamee/Getty Images)

Markets

Bitcoin's Inverse Ties With Dollar Index Challenged as U.S. Election Looms

Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index.

Dollar flying (Pixabay)