🌙 Crypto Prediction Markets Favor Trump

Prediction markets indicate a tight race with Trump leading Harris.

Author

Mike Gavela
November 04, 2024

In partnership with

Crypto Roundup - November 4

Recent developments in the financial landscape highlight growing tensions ahead of the U.S. elections. Prediction markets suggest a tight race favoring Trump over Harris, while crypto markets have experienced a sixth consecutive day of declines, reflecting investor caution. Additionally, major exchanges like Coinbase and Binance are facing backlash over alleged listing fees, raising concerns about market transparency and fairness.

Top Stories

  • Prediction markets indicate a tight race with Trump leading Harris.

  • Crypto markets drop for six days amid election uncertainty.

  • Coinbase and Binance face backlash over listing fees allegations.

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TOP STORIES

Crypto prediction markets favor Trump in tight race with Harris

Platforms like Polymarket and Drift's BET show higher probabilities for a Trump victory, reflecting current market sentiments.

blockworks.co/news/prediction-markets-election-odds

Crypto Markets Drop for Sixth Day Ahead of U.S. Elections - "The Defiant"

Notwithstanding the lackluster price action, digital asset investment products recorded over $2 billion of inflows in the past week.

thedefiant.io/news/markets/crypto-markets-drop-for-sixth-day-ahead-of-u-s-elections

Coinbase and Binance Face Backlash Over Alleged Listing Fees - "The Defiant"

Binance and Coinbase are in hot water over claims they have demanded exorbitant listing fees from web3 projects.

thedefiant.io/news/cefi/coinbase-and-binance-face-backlash-over-alleged-listing-fees

FUNDRAISING

BingX Labs Invests in AgentLayer to Drive Autonomous AI and Decentralized Economy

VILNIUS, November 4, 2024 – BingX Labs, the innovative arm of BingX dedicated to identifying and nurturing transformative blockchain ventures, proudly announces its investment in AgentLayer, […]

blog.bingx.com/bingx-updates/bingx-labs-invests-in-agentlayer-to-drive-autonomous-ai-and-decentralized-economy

OTHER HEADLINES

New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies

The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.

www.coindesk.com/business/2024/11/04/new-global-dollar-stablecoin-backed-by-robinhood-kraken-paxos-and-other-crypto-heavies

First UK Pension Fund Invests in Bitcoin

Moving bitcoin into pension schemes is “a bold step that reflects the forward-thinking nature of the trustees involved,” pension specialist Cartwright told Corporate Advisor magazine.

www.coindesk.com/business/2024/11/04/first-uk-pension-fund-invests-in-bitcoin

IMX Token Plummets After Immutable Receives Wells Notice - "The Defiant"

The blockchain gaming project is the latest company to receive a notice from the SEC in 2024.

thedefiant.io/news/regulation/imx-token-plummets-after-immutable-receives-wells-notice

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