Polymarket Betting Shifts Towards Trump Amid RFK Jr.鈥檚 Potential Withdrawal
The race for the U.S. presidency has taken yet another turn as betting odds on Polymarket have shifted in favor of former President Donald Trump.
The shift comes in the wake of signals from Robert F. Kennedy Jr.鈥檚 independent campaign that he may be preparing to withdraw and potentially endorse Trump.
On Tuesday, Polymarket聽saw a swing in Trump鈥檚 favor, with bettors predicting a 52% chance of Trump winning the presidential election, edging out Vice President Kamala Harris, who holds a 47% chance.
Just a day earlier, Harris was slightly ahead, with both candidates almost evenly matched.
Donald Trump may be unable to honor some of his pro-crypto campaign pledges if he's elected in November, an expert has warned..
Professor Tonya Evans, who specializes in digital assets, has told Cryptonews that some of the promises made by Trump on the campaign trail are a 鈥渓iteral impossibility.鈥漈he Republican nominee has vowed to sack SEC chair Gary Gensler on his first day in the Oval Office, even though the official process would take months or years to finalize.Evans recently chaired a panel during a Crypto4Harris virtual town hall, where entrepreneurs from the industry came together to back the Democrats.During that event, Senate Majority Leader Chuck Schumer declared that Congress has the potential to pass crypto legislation by the end of this year.While Harris has been facing calls to explain her stance toward digital assets, crypto wasn鈥檛 mentioned at all in a 92-page agenda released ahead of the Democratic National Convention.
DOGE, AVAX, OP, UNI, and FET are highlighted as the top crypto to sell in Q3 due to weak market performance and upcoming event to bolster bearish outlook.
Dogecoin (DOGE) faces a potential 20% decline as whale activity decreases and market sentiment weakens.
Avalanche (AVAX) and Optimism (OP) could see price drops due to significant token unlocks, increasing the circulating supply and exerting downward pressure on prices
The ongoing consolidation in the cryptocurrency market continues to dampen investor enthusiasm, indicating a discussion on crypto to sell is crucial if things worsen. With the pioneer digital asset Bitcoin struggling to sustain above $60000, the bottom formation for prevailing correction is not confirmed.
Dogs extends it's Airdrop distribution to the 21st and 23rd of August.... this is a great opportunity for those who are yet to connect their exchanges... #OKX #Bybit #Wallet Be fast to claim your tokens before this due date....馃敟馃敟馃敟馃挷馃挷馃挷馃挼馃挼
*Crypto Market Sell-Off*: The crypto market has experienced a significant sell-off, with $500 billion shaved off the total market capitalization since August 2.... can there be extra significant sell-off...???
Bulls are gearing up! Bitcoin has just hit a solid support level that saved us once at the beginning of May. We can probably expect a powerful rebound as BTC looks ready to bounce back to $62,000!
What do you think of this simple trade idea on the chart above? Are you buying?
Notcoin shown immense strength, taking a leap of almost 60% in less than a day.....Notcoin price action recently experienced a meteoric surge, soaring over 60% in just a day. Do you think Notcoin can Beat the Market price anytime soon????馃挷馃挼
Here are the latest developments in the cryptocurrency space today 鹿 虏: - Analysts predict that the upcoming Mt. Gox repayment worth $9 billion in Bitcoin could momentarily impact the asset鈥檚 potential to breach the $70,000 market price. - Stablecoin issuer Tether has signed a memorandum of understanding (MoU) with a Turkish crypto platform to promote industry knowledge in the country. - The launch of Ether ETFs may boost Ethereum's price action, potentially outperforming Bitcoin in the coming weeks. - The U.K. is set to hold its first election in five years on Thursday, but crypto is not a campaign-trail issue. - The blockchain was paused early Wednesday to contain the exploit, with security researchers suspecting a private key leakage. - Decentralized Physical Infrastructure Networks (DePIN) use blockchains to incentivize communities to create a wide range of shared real-world services.