The probability of President Trump approving strategic Bitcoin reserves within his first 100 days in office has fallen to 27% on Polymarket, down from a high of 60% after his election. The amount wagered on this event has exceeded $1.5 million.
Meanwhile, other prediction markets expect that Trump will eventually accept Bitcoin as a strategic reserve, joining the ranks of oil and gold.
For example, Kalshi predicted that the occurrence probability of Bitcoin reserves reached 61% by January 2026, which was a high point since December 21st and currently fell back to 57%.
In addition, users of Polymarket and Kalshi predict that it will take time for Texas to pass the Strategic Bitcoin Reserve Act.
The possibility of Texas passing this act before March next year is predicted at 10% on Polymarket and at 24% on Kalshi.
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🚨🇺🇸 BREAKING $NEWS: DONALD TRUMP VOWS TO WITHDRAW U.S. FROM @WHO ON DAY ONE
BREAKING: Donald Trump Vows to Withdraw U.S. from WHO on Day One
In a bold statement, former President Donald Trump has promised to withdraw the United States from the World Health Organization (WHO) on his first day back in office if he is elected in 2024. Trump’s vow comes as part of his broader critique of the WHO’s handling of global health issues, particularly its response to the COVID-19 pandemic. The move would mark a continuation of Trump’s "America First" approach, emphasizing sovereignty over international cooperation. Critics of the WHO have pointed to concerns about its transparency and effectiveness, while supporters argue that global health organizations are crucial for tackling pandemics and health crises worldwide. Trump's promise could have significant implications for U.S. foreign policy and global health diplomacy. #TrumpNFT #TRUMP #BinanceLaunchpoolBIO #MicroStrategyInNasdaq100 #XmasCryptoMiracles $BNB

Defense lawyers for President-elect Donald Trump are using President Joe Biden's pardon of his son Hunter to argue that Trump's conviction in the Manhattan hush money case should be dismissed. They point to Biden’s pardon, which covers all crimes, asserting that Biden himself claimed Hunter was "selectively and unfairly prosecuted." Trump's lawyers argue that this reflects a broader criticism of political bias, including the prosecution led by New York District Attorney Alvin Bragg. They contend that Bragg's office engaged in political theater by prosecuting Trump for falsifying business records over hush money payments to Stormy Daniels in 2016.

Trump’s attorneys also claim that his status as President-elect should shield him from further criminal proceedings, citing the Presidential immunity doctrine and the Supremacy Clause. They refer to special counsel Jack Smith's decision to drop two federal criminal cases against Trump, based on a Justice Department policy against pursuing charges against a sitting president. Trump’s legal team argues that this immunity applies to him as President-elect as well.

While Bragg's office has acknowledged that Trump's sentencing may be delayed until after his presidential term, it insists that Trump's felony conviction should remain. A source from the district attorney’s office said they are open to pausing the case for four years but noted there is no law that requires the dismissal of a criminal case based on a president’s temporary immunity.#Trump2024 #TrumpNFT #ElonMuskUpdates #ElonMuskEffect #Eloncrypto