Kalshi to accept USDC Coin Deposits
Following a court victory, Kalshi launched U.S. election outcome contracts on October 7, a historic first for government-authorized prediction markets. The prediction marketplace Kalshi will begin accepting deposits in USD Coin, a popular stablecoin, as the platform revealed on October 28. This comes as the platform competes for customers in front of the elections that […]
Consensys Calls for Clear Crypto Regulations in Letter to Next US President
The open letter stressed how clear regulatory frameworks help keep the US competitive while protecting consumers and combating illegal activities. Amid increasing political and market tensions, blockchain company Consensys has issued an open letter to the next U.S. president, calling for clear and supportive regulations for cryptocurrencies and Web3 technologies. The letter, released on October […]
Ripple CEO Brad Garlinghouse Predicts Crypto Reset
Ripple CEO criticized the Biden administration’s hostility toward cryptocurrencies and expressed optimism for improved regulations post-election. Regardless of the outcome of the United States election, Ripple CEO Brad Garlinghouse forecasts that the cryptocurrency sector will undergo a reset. During his speech at the eighth annual Washington, District of Columbia Fintech Week, Garlinghouse lambasted the current […]
Donald Trump Win Could Drive Bitcoin to $92K, Says Bitwise Exec
Bitwise’s head of alpha strategies, Jeff Park, predicts Bitcoin could surge to $92,000 if Donald Trump wins the U.S. presidency. How Donald Trump Win Could Drive Bitcoin to $92K The head of alpha strategies at crypto asset company Bitwise thinks that Bitcoin could rise as high as $92,000 if Donald Trump wins the presidential election […]
Polymarket Scans for US Users as Election Odds Favour Trump
The Polymarket platform is verifying that whales who are placing bets on the US presidential election are located overseas, as US users are prohibited from using the platform. A person familiar with the matter stated in a report from Bloomberg on Oct. 22 that Polymarket is currently re-checking the details of users of its platform, […]